NuRAN Receives Purchase Orders of over $1 Million
Quebec, Canada, December 18th, 2019 – NuRAN Wireless Inc. (“NuRAN” or the “Company”) (CSE: NUR) (OTC: NRRWF) (FSE: 1RN), is pleased to announce that it has received new orders totaling over CAD $1 Million related to its rural connectivity solutions, Nutaq’s test and measurements wireless systems and Engineering services.
These purchase orders were received by new and repeat customers including, Africa Mobile Network (AMN), Sofie Bioscience, an undisclosed reputable global social media company, and a number of research centers based throughout the United States, Europe, and Australia.
As mentioned in NuRAN’s press release of October 23, 2018, AMN formed an agreement with NuRAN whereby NuRAN will supply AMN with its OC-2G products in a minimum of 5 countries and up to 3,000 sites based on commercial and operational success. The number of countries could grow to over 13. This is the second purchase order from AMN for NuRAN’s carrier-grade GSM base station. NuRAN expects to receive most of these revenues from the aforementioned purchase orders in Q1 and Q2 2019.
Martin Bedard, Chief Executive Officer and President of NuRAN Wireless, commented, “Since November 1st, 2018, we have been receiving a constant flow of purchase orders. These orders are all connected to our portfolio of wireless solutions and this is a good sign for what investors can expect in 2019.”
No regulatory authority has approved or disapproved the information contained in this news release.