04:47 PM EST - SR Telecom Inc. : has sold its legacy product lines to a French company in a deal that the insolvent Montreal-based equipment vendor said will reduce its expenses and save 28 jobs. SR Telecom sold the Airstar and SR 500 product lines for an undisclosed amount to Duons Group, a member company of the Vallee Group, based in Paris. SR Telecom Inc.
shares T.SRX are trading unchanged at $0.01.
