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To: Uncle Frank who wrote (39603)	9/2/1999 9:05:00 PM
From: Ruffian	Respond to of 152472

Ericy Pushing Cdma> September 2, 1999 Dow Jones Newswires Mitec Telecom Plans Sale Of U.K. Facility MONTREAL -- Mitec Telecom Inc. (T.MTM) said it has received a C$3 million order to provide TDMA Tower Top amplifiers to Nortel Networks Corp. (NT). In a news release, the company said shipments are anticipated over the next two quarters. Mitec said it has also received a C$1.2 million order to supply CDMA BTS RF equipment to L.M. Ericsson Telephone Co. (ERICY), which is expected to be shipped in the second quarter. The company said these contracts will bring Mitec's backlog to C$16 million of confirmed shippable orders. Mitec also said that, in line with its focus on wireless products and to streamline its European operations, it plans to sell its U.K. facility, which manufactures Statcom and terrestrial components. Further details weren't provided. It also said it plans to invest In Amplix Inc., Montreal, for a 15% stake. The specific amount it will invest in Amplix wasn't disclosed. Mitec said Amplix is a private company specializing in the design and development of wireless and Satcom products. It said the investment will allow for the joint development of next-generation wireless amplifiers, such as multi-channel power amplifiers. Mitec noted it also acquired an option to purchase an additional 34% of Amplix for an undisclosed amount. Mitec Telecom designs and makes components, subsystems and multifunction subsystems for the wireless communications industry.