Tranzeo announces trading to begin immediately
PITT MEADOWS, BRITISH COLUMBIA – August 30, 2012
Tranzeo Wireless Technologies, Inc. (TSX:TZT), a leading producer of high-speed wireless broadband communication systems, is excited to announce that the company’s shares will be reinstated to trade at the opening of trading on August 31, 2012 as all conditions to lift the cease trade orders have been satisfied.
With trading resumed Tranzeo intends to pursue private placement financing to provide the working capital to operate the company. If it is unsuccessful in securing private placement financing the company will explore all other options available to it.
Trudi Kloepper, a director of the company, has accepted the appointment as Corporate Secretary, effective immediately.
Tranzeo and the Tranzeo logo are registered trademarks of Tranzeo Wireless Technologies Inc.
About Tranzeo Wireless Technologies Inc:
Tranzeo Wireless Technologies Inc. (TSX:TZT) leads the wireless broadband industry as a premier manufacturer of high-performance wireless network equipment that allows communities and businesses to communicate without boundaries. Tranzeo's full spectrum of point-to-point and point-to-multipoint radios, WiMAX equipment, and mesh network solutions are designed for wireless internet service providers, governments, campuses, military, carriers, enterprise customers, and systems integrators around the globe. Headquartered in British Columbia, Canada, Tranzeo also has an office in San Diego, California, U.S.A. Visit http://www.tranzeo.com or phone 1.866.872.6936 for more information.
This press release contains forward-looking statements that involve risks and uncertainties. We use words such as “anticipate”, “plan”, “expect”, “believe”, “intend” and similar expressions to identify forward-looking statements that relate to our business, management, operating results and financial condition. These statements are not historical facts, but reflect our current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risk Factors” in our Annual Information Form and Management’s Discussion and Analysis which may be found on SEDAR at www.sedar.com
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Tranzeo Wireless Technologies Inc.