BELLEVUE, Wash., March 21, 2000 (PRIMEZONE) -- Unity Wireless Corporation (a dba of Sonic Systems Corporation) of Delaware (NQB:ZSON) is pleased to announce a master distribution agreement with Peek Traffic Systems, Inc. of Tallahassee, Florida. The Agreement allows Peek to sell Unity's MPIC (Multi-Purpose Interface Controller) wireless communication card exclusively in NEMA-type traffic equipment, which is one of North America's two main traffic control architectures. The agreement covers the United States, Canada and Mexico.
Peek Traffic Systems is one of the United States' market leaders in the design, development, manufacture, marketing and after-sale support of both hardware and software traffic control systems. Peek's products include NEMA TS1/TS2 traffic controllers, technology leading video vehicle tracking and detection systems, traffic signals, closed loop and adaptive traffic control systems, and traffic cabinets.
Peek Traffic Systems holds an approximate 40% market share in NEMA traffic controllers equal to approximately 25% of the total North American traffic controller market, and has over 70 years of traffic industry presence. Peek also has operations in the United Kingdom, the Netherlands, Sweden and Norway.
"We are very excited to be working with Peek Traffic Systems," said Unity's president and chief operating officer Tom Dodd. "Their prominence in the traffic controller market and their commitment to the next generation of intelligent transportation systems technologies fits well with our strategic plan moving forward."
"Our relationship with Unity will allow us to provide our customers with a much needed wireless communications solution," said Peek's vice president of sales and marketing Greg Groves. "The ability to create smart transportation systems, linking all of the components together wirelessly fits our vision of providing our customers with state of the art transportation solutions."
Peek Traffic Systems joins Safetran Traffic Systems as a master distributor of Unity's MPIC wireless communication card for traffic applications. "With the addition of Peek Traffic Systems to our distribution channel, we now have distribution through two of the largest suppliers of traffic control equipment in North America which represent about 50% - 60% of the total US market," said Dodd.
About Peek Traffic Systems, Inc.
Peek Traffic Systems, Inc. is based in Tallahassee, Florida and is part of the Thermo Electron family of companies based in Waltham, Massachusetts. Thermo Electron is a publicly traded global high-tech company (NYSE:TMO) focusing on environmental and quality of life products. Peek Traffic is one of the world's largest manufacturers of traffic control electronics and systems designed to move traffic more efficiently, safely and economically.
About Unity Wireless Corporation
Unity Wireless Corporation (a dba of Sonic Systems Corporation) of Delaware is a multi-faceted provider of wireless and acoustic technologies to the computing, communications, and Intelligent Transportation Systems (ITS) industries in support of enhanced communication and safety applications.
Certain information included in this news release, as well as information included in oral statements or other written statements made or to be made by Sonic Systems, contain statements that are forward-looking. Such statements relate to the future anticipated direction of the wireless industry, plans for future expansion, various business development activities, planned capital expenditures, anticipated sales growth and potential contracts. These forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
Note: Sonic Systems, a Delaware corporation with offices in Bellevue, WA, dba Unity Wireless Corporation, is in no way affiliated with SonicWall, Inc. (formerly Sonic Systems, Inc.), a California corporation with headquarters in Santa Clara, California, which provides Internet security solutions.