SR Telecom Issues Statement in Response to Recent Market Activity
Posted on: Friday, 26 November 2004, 18:00 CST
MONTREAL, Nov. 26 /PRNewswire-FirstCall/ -- At the request of Market Regulation Services Inc., the Management of SR Telecom(TM) Inc. (TSX: SRX; Nasdaq: SRXA) issued a statement today confirming that no material corporate developments have transpired since its news release of November 22, 2004.
About SR Telecom
SR TELECOM (TSX: SRX, Nasdaq: SRXA) designs, manufactures and deploys versatile, field-proven Fixed Wireless Access solutions. For over two decades, carriers have used SR Telecom's products to provide broadband data and carrier- class voice services to end-users in both urban and remote areas around the globe. SR Telecom's products have been deployed in over 130 countries, connecting nearly two million people.
A pioneer in the industry, SR Telecom works intimately with carriers to ensure that its broadband wireless access solutions directly respond to evolving customer needs. Its turnkey solutions include equipment, network planning, project management, installation and maintenance.
SR Telecom is a principal member of WiMAX Forum, a cooperative industry initiative which promotes the deployment of broadband wireless access networks by using a global standard and certifying interoperability of products and technologies.
FORWARD-LOOKING STATEMENTS
Except for historical information provided herein, this press release may
contain information and statements of a forward-looking nature concerning
the future performance of the Company. These statements are based on
suppositions and uncertainties as well as on management's best possible
evaluation of future events. Such factors may include, without excluding
other considerations, fluctuations in quarterly results, evolution in
customer demand for the Company's products and services, the impact of
price pressures exerted by competitors, and general market trends or
economic changes. As a result, readers are advised that actual results
may differ from expected results.
SR TELECOM is a trademark of SR Telecom Inc. All rights reserved 2004.
All other trademarks are property of their owners.
SR TELECOM INC.
CONTACT: David Adams, Senior Vice-President, Finance and CFO, (514)335-4035; Scott Lawrence, Maison Brison, (514) 731-0000,scott@maisonbrison.com
Source: PRNewswire-FirstCall
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