Plaintree Systems Inc. (“Plaintree”) Announces Sale of Free Space Optics (FSO) Units to South American VAR.

April 27, 2011
By

ARNPRIOR, Ontario–(BUSINESSWIRE)–
Today, the wireless division ( www.freespaceoptics.ca
)
of Plaintree Systems Inc. announced that it has delivered one of
its largest orders for Free Space Optics to one of their VAR partners in
Bolivia, South America.

“There is still high demand for a wireless solution that bridges the gap
between inefficient radio and more expensive licensed technologies,”
stated Graeme Cross, Business Development Manager for Plaintree. “Free
Space Optics offers the end user a solution that is affordable, fast,
and very secure. FSO is gaining ground in the market again as people are
looking for alternatives to traditional congested radio frequency
point-to-point links.”

The customer for this sale required 20 links of Fast Ethernet speeds of
up to 100 Mbps along with E1 transmission capabilities. Plaintree
Systems offered its 4 port E1 solution and long range LED model to meet
their requirements. FSO is ideal for Bolivia which is saturated with RF
signals and complex infrastructures. The client needed a system immune
to these problems and that they could deploy rapidly.

Plaintree Wireless division operates out of a 135,000 sq. ft. plant in
the Ottawa region of Canada with a complete engineering team and state
of the art production facilities. Plaintree is a leader in the Free
Space Optics industry and is one of the only manufactures to offer a
non-lasing, 100% eye safe LED product.

For more information on this company, please refer to Plaintree’s third
quarter 2011 financial statements together with the related Management’s
Discussion and Analysis report, copies of which can be obtained from the
Company’s website at www.plaintree.com
and/or under Plaintree’s name at www.sedar.com.

About Plaintree Systems

Plaintree has two diversified product lines consisting of
Specialty Structures and Electronics.

The Specialty Structures Division includes the former Triodetic Group
with over 40 years of experience as a design/build manufacturer of
steel, aluminum and stainless steel specialty structures such as
commercial domes, free form structures, barrel vaults, space frames and
industrial dome coverings, and the newly formed Arnprior Fire Trucks
Corp., a manufacturer of high end fire and emergency vehicles.

The Electronics Division includes the legacy Hypernetics and Plaintree
free space optics (FSO) businesses. Hypernetics was established in 1972
and is a manufacturer of avionic components for various applications
including aircraft antiskid braking, aircraft instrument indicators,
solenoids, high purity valves and permanent magnet alternators.

Plaintree’s legacy FSO product is an ultra-secure wireless communication
link that uses beams of light instead of radio frequency (RF) allowing
for very high rates of throughput without the overhead and interference
which plagues RF systems.

Plaintree’s shares are traded under the symbol “NPT”. Shareholders and
Investors can access Company information on CNSX’s website and receive
full Company disclosure monthly. For more information on Plaintree or to
receive stock quotes, complete with trading summaries, bid size and ask
price, brokerage house participation, insider reports, news releases,
disclosure information, and CNSX and SEDAR filings, visit the CNSX
website at www.cnq.ca
or the Company’s website at www.plaintree.com.

Plaintree is publicly traded in Canada on the CNSX and in the U.S.
on the OTC BB , with 12,925,253 common shares and 18,325
class A preferred shares outstanding.

This press release may include statements that are forward-looking
and based on current expectations.
The actual results of the
company may differ materially from current expectations.
The
business of the company is subject to many risks and uncertainties,
including changes in markets for the company’s products, delays in
product development and introduction to manufacturing and intense
competition.
For a more detailed discussion of the risks and
uncertainties related to the company’s business, please refer to
documents filed by the company with the U.S. Securities and Exchange
Commission and Canadian regulatory authorities, including the Company’s
Form 20-f dated September 27, 2010 and the annual report of the Company
for the fiscal year ended March 31, 2010 and related management
discussion and analysis.

Canadian National Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of this news
release.

Article source: http://uk.finance.yahoo.com/news/Plaintree-Systems-Inc-businesswireuk-4276254463.html?x=0 The feed :

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