{"id":14018,"date":"2019-04-04T08:39:09","date_gmt":"2019-04-04T12:39:09","guid":{"rendered":"https:\/\/nuranwireless.com\/?p=14018"},"modified":"2019-04-04T08:39:09","modified_gmt":"2019-04-04T12:39:09","slug":"nuran-books-recurring-revenue-orders-of-over-cad-500k","status":"publish","type":"post","link":"https:\/\/nuranwireless.com\/en\/news-nl\/nuran-books-recurring-revenue-orders-of-over-cad-500k\/","title":{"rendered":"NuRAN Books Recurring Revenue Orders of Over CAD $500K"},"content":{"rendered":"

Quebec, QC, Canada, April 4th<\/sup>, 2019<\/em>\u00a0\u2013 \u00a0NuRAN Wireless Inc. (\u201cNuRAN Wireless\u201d or the \u201cCompany\u201d) (CSE: NUR<\/a>) (OTC: NRRWF<\/a>) (FSE: 1RN<\/a>) announces that it has received new orders totaling more than CAD\u00a0 $500,000 in the month of March, mostly recurring revenue business. These sales are related to NuRAN\u2019s rural connectivity solutions as well as Nutaq Innovations, NuRAN\u2019s wholly owned engineering services subsidiary. Over 80% of these new orders in March 2019 represent recurring business revenue from existing NuRAN customers.<\/p>\n

Francis L\u00e9tourneau, VP Sales and Marketing of NuRAN Wireless stated: \u201cSince our October 2018 pivot to being both a physical device and service driven business, NuRAN has seen considerable growth in recurring revenue from existing clients as well as subscription based income from new clients.\u201d\u00a0 Mr. L\u00e9tourneau continued: \u201cThe relationship with our clients is extremely positive and it has resulted in higher repeat sales to existing customers.\u00a0 As it stands since our Q1 2019, we have a monthly average of CAD $1.0M of new purchase orders which are all connected to our portfolio of wireless solutions. The uptick in business and the stickiness of our client base should begin to be reflected in our Q3 2019 and Q4 2019 financials and revenue ramp up from there going into 2020.\u201d<\/p>\n

No regulatory authority has approved or disapproved the information contained in this news release.<\/em><\/p>\n

About NuRAN Wireless<\/strong><\/a><\/p>\n

For further information about NuRAN Wireless;<\/strong><\/p>\n

www.nuranwireless.com<\/a><\/p>\n

Martin Be\u0301dard
\nPresident and CEO
\ninfo@nuranwireless.com<\/a>
\n<\/u>(418) 914-7484<\/p>\n

 <\/p>\n

Frank Candido
\nDirect Financial Strategies and Communication
\nfrank.candido@nuranwireless.com<\/a><\/p>\n

(514) 969-5530<\/p>\n

Unites States Contact<\/p>\n

Trevor Brucato<\/p>\n

Managing Director<\/p>\n

RB Milestone Group, LLC<\/p>\n

Stamford, CT &\u00a0New York, NY<\/p>\n

tbrucato@rbmilestone.com<\/a><\/p>\n

www.rbmilestone.com<\/a><\/p>\n

Forward Looking Statements<\/strong><\/a><\/p>\n<\/span>","protected":false},"excerpt":{"rendered":"

Quebec, QC, Canada, April 4th, 2019\u00a0\u2013 \u00a0NuRAN Wireless Inc. (\u201cNuRAN Wireless\u201d or the \u201cCompany\u201d) (CSE: NUR) (OTC: NRRWF) (FSE: 1RN) announces that it has received new orders totaling more than […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[50,29],"tags":[],"class_list":["post-14018","post","type-post","status-publish","format-standard","hentry","category-investors","category-news-nl"],"_links":{"self":[{"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/posts\/14018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/comments?post=14018"}],"version-history":[{"count":1,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/posts\/14018\/revisions"}],"predecessor-version":[{"id":14019,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/posts\/14018\/revisions\/14019"}],"wp:attachment":[{"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/media?parent=14018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/categories?post=14018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/tags?post=14018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}