12:08 PM EST - Mitec Telecom Inc. : announced that it has received the first purchase agreement for fixed wireless components from a new customer and leading telecom provider. This is related to a general supply agreement that the company announced in November 2008. It is the first in a series of agreements that Mitec expects to receive from this customer over a long-term period. The components will be developed in early 2009 at Mitec's recently expanded manufacturing facility in Suzhou, China, with volume deliveries commencing mid-year. Mitec Telecom Inc.
shares T.MTM are trading up 6.25 percent at $0.09.
