WFI Awarded Network Contract in Egypt
September 08 2006 - 9:00AM
PR Newswire (US)
Contract Expands Company's Presence Into Egypt, Combines
Engineering and Consulting Services SAN DIEGO, Sept. 8
/PRNewswire-FirstCall/ -- WFI (NASDAQ:WFII), a global leader in the
design, deployment, and management of wireless communication
networks, information technology solutions and security systems,
announced today that its European operations has been awarded a
contract to participate as a partner on a team with Improved Mobile
Services, Inc (IMSI), a subsidiary of the David Ross Group, to
provide network engineering and consulting services for The
Egyptian Company For Mobile Services (Mobinil), the leading mobile
network operator in Egypt. The work is scheduled to begin
immediately and continue into the fourth quarter of 2006, and is
intended to audit and benchmark Mobinil's network performance
against international standards of performance achieved by "best in
class operators." Mobinil is the leading mobile network operator in
Egypt and the Middle East with over 7.2 million customers and the
strongest mobile network in Egypt with 2,347 sites. Under the terms
of the award and in collaboration with IMSI and its team partners,
WFI will provide a range of network services including drive test
benchmarking and analysis, interface trace analysis, network
design, network performance and process analysis. By relying on a
third party, such as WFI, for auditing and benchmarking, a carrier
can optimize a mobile network to save significant costs and better
understand opportunities to expand and enhance its network for
next-generation technologies. "When we contract for services for
our network, it is imperative that the contracted organization have
a proven track record working with global carrier networks," said
Alex Shalaby, President and CEO of Mobinil. "As we seek to deliver
the best quality service to our customers, we are confident in our
selection of the network audit team of IMSI and WFI, for this
project." "We are pleased to have been chosen for this very
strategic work," said Igor Leprince, Managing Director of WFI's
European Operations. "This project brings together our network
engineering expertise and consulting experience for the largest
mobile provider in the Middle East and serves as an important
endorsement for WFI in this region." About WFI Headquartered in San
Diego, CA, WFI is an independent provider of systems engineering,
network services and technical outsourcing for the world's largest
wireless carriers, enterprise customers and for government
agencies. The company provides the design, deployment, integration,
and the overall management of wired and wireless networks which
deliver voice and data communication, and which support advanced
security systems. WFI has performed work in over 100 countries
since its founding in 1994. News and information are available at
http://www.wfinet.com/. (code: WFI-mb) About Mobinil The Mobile
GSM900/1800 cellular network in Egypt is operated by The Egyptian
Company for Mobile Services (ECMS), an Egyptian public company.
Mobinil is the market leader thanks to its dedication to constantly
providing the best services, and there are more than 7.2 million
subscribers to Mobinil's service in Egypt today. Notice Regarding
Forward-Looking Statements This news release contains certain
forward-looking statements including, without limitation, expressed
or implied statements concerning the Company's expectations
regarding anticipated operating results for 2006, future financial
performance and cash flows and market developments that involve
risks and uncertainties. Such statements are only predictions, and
the Company's actual results may differ materially. Factors that
may cause the Company's results to differ include, but are not
limited to: risks that closing conditions, including expiration of
waiting periods under applicable antitrust laws and regulations,
will not be satisfied in a timely manner, or at all; risks
associated with the integration of MRC into WFI Government
Services; risks associated with increased debt leverage; risks that
the anticipated benefits of the acquisition will not be achieved;
changes in the scope or timing of the Company's projects; changes
or cutbacks in spending by the U.S. Department of Defense, which
could cause delays or cancellations of key government contracts;
slowdowns in telecommunications infrastructure spending in the
United States and globally, which could delay network deployment
and reduce demand for the Company's services; the timing,
rescheduling or cancellation of significant customer contracts and
agreements, or consolidation by or the loss of key customers;
failure to successfully consummate acquisitions or integrate
acquired operations; the rate of adoption of telecom outsourcing by
network carriers and equipment suppliers; the rate of growth of
adoption of WLAN and wireless security systems by enterprises; and
competition in the marketplace which could reduce revenues and
profit margins. The Company undertakes no obligation to update any
forward-looking statements. These and other risk factors are more
fully discussed in the Company's Quarterly Report on Form 10-Q for
the period ended June 30, 2006 and in other filings made with the
Securities and Exchange Commission. Contact: Michael Baehr VP of
Corporate Communications & Investor Relations Wireless
Facilities, Inc. 858.228.2799 Direct DATASOURCE: WFI CONTACT:
Michael Baehr, VP of Corporate Communications & Investor
Relations of Wireless Facilities, Inc., +1-858-228-2799, Web site:
http://www.wfinet.com/
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