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REG - MTI Wireless Edge - Appointment of Joint Broker <Origin Href="QuoteRef">MWEE.L</Origin>

RNS Number : 3133Z
MTI Wireless Edge Limited
13 March 2017

13 March 2017

MTI Wireless Edge Ltd

("MTI" or the "Company")

Appointment of Joint Broker

MTI Wireless Edge Ltd. (MWE), a market leader in the manufacture of flat panel antennas for fixed wireless broadband and a wireless irrigation solution provider, announces that Peterhouse Corporate Finance Limited has been appointed as Joint Broker to the Company with immediate effect.

For further information please contact:

MTI Wireless Edge

Dov Feiner, CEO

Moni Borovitz, Financial Director

http://www.mtiwe.com/

+972 3 900 8900

Nomad and Joint Broker

Allenby Capital Limited

Nick Naylor

Alex Brearley

+44 20 3328 5656

Joint Broker
Peterhouse Corporate Finance Limited
Lucy Williams

Eran Zucker

+44 20 7469 0930

About MTI Wireless Edge

MTI is engaged in the development, production and marketing of High Quality, Low Cost, Flat Panel Antennas for Commercial & for Military applications. Commercial applications such as: WiMAX, Wireless Networking, RFID readers &, Broadband Wireless Access. With over 40 years' experience, supplying antennas 100KHz to 90GHz including directional antennas and Omni directional for outdoor and indoor deployments including Smart Antennas for WiMAX, Wi-Fi, Public Safety, RFID and for Base Stations and Terminals - Utility Market. Military applications include a wide range of broadband, tactical and specialized communications antennas, antenna systems and DF arrays installed on numerous airborne, ground and naval, including submarine, platforms worldwide.

Via its subsidiary, Mottech Water Solutions Ltd ("Mottech"), MTI is also a leading provider of remote control solutions for water and irrigation applications based on Motorola's IRRInet state of the art control, monitoring and communication technologies. Mottech, headquartered in Israel, is the global prime distributor of Motorola for the IRRInet remote control solutions serving its customers worldwide through its subsidiaries and a global network of local distributers and representatives. It utilizes over 25 years of experience in providing its customers with remote control and management systems which ensure constant, reliable and accurate water usage, while reducing operational costs and maintenance costly expenses. Mottech's activities are focused in the market segments of agriculture, water distribution, Municipal and Commercial Landscape and Wastewater and Storm water Reuse.


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