Unity Wireless-erstmals Quartalsgewinn - 500 Beiträge pro Seite

[Bombenleger]

Hallo,

wer besitzt noch Aktien von Unity Wireless?
WKN 924385
Beobachte die Firma schon lange.Erstmals ist nun die Geinnschwelle
erreicht,einen Meilenstein auf dem Weg nach oben.
Habe hier den Bericht kopiert.


Thursday May 10, 7:28 pm Eastern Time

Press Release

SOURCE: Unity Wireless Systems Corporation

Unity Wireless Reports First Quarter Profit

BELLEVUE, Wash., May 10, 2001 (PRIMEZONE) -- Unity Wireless Corporation (OTCBB:UTYW - news), a leading provider
of high performance RF power amplifiers to the wireless industry, today announced first quarter 2001 financial results
demonstrating the ongoing efforts of new management by reporting the first profitable quarter in the four year history of the
Company.

Net income for the first quarter ended March 31, 2001 was $110,640 or .004 per share versus a net loss of $670,681 for the
same period last year. Net Sales in the first quarter of 2001 totaled $1,392,947, an increase of 2,549%. Cost of goods sold in the
first quarter of 2001 was $996,462 generating a gross profit margin of 28%. These results represent the first full quarter of
combined operations after the acquisition of Ultratech Linear Solutions Inc. in November 2000 and the recently completed
restructuring efforts.

John Robertson, Chief Executive Officer, reported that, ``we are gratified to have seen the beneficial results of the successful
integration of operations and to have achieved those results within the first quarter of joint operation. We anticipate further growth
in the near-term and in the future.`` The Company has extended its success to sales as well as operations, with an increase in new
orders and ``RFP`s`` or request for quotes from both existing clients and new customers in comparison to prior periods. ``Now that
we have demonstrated what we can do from a technology delivery standpoint, we intend to move forward aggressively in both the
R&D and marketing areas,`` he said.

The Company also generated cash from operations of $81,635 increasing the Company`s cash position by $51,925 to $2,054,009
on March 31, 2001 from $2,002,084 on December 31, 2000. The Company beat its internal budget forecast. The complete Unity
Wireless Corporation First Quarter 2001 Report on Form 10-QSB can be found at www.freeedgar.com indexed under the
UTYW stock symbol.

Roland Sartorius, Chief Financial Officer, stated, ``the Company is very focused on continued effective monitoring of its operating
expenses and managing its resources and finances, which will allow the company to invest in R&D and a stronger sales campaign.
This report is very encouraging.`` The Company expects to grow its share of what the industry estimates by 2003 will be a $3.5
billion market for RF Power Amplifiers.

The Company is now positioned to exploit its competitive advantage in product development and design to garner sales within this
growth sector of the wireless communication industry.

About Unity Wireless Corporation www.unitywireless.com

Thousands of Unity Wireless`s UltraTech family of high performance RF (radio frequency) power amplifiers are utilized in current wireless networks supporting cost
effective, reliable end-to-end voice and data communications. We support current and next generation network technologies including Cellular, PCS (Personal
Communications Services -- TDMA, CDMA, GSM), IP Gateways, Paging, WLL (Wireless Local Loop), BWA (Broadband Wireless Access) and 3G (third
generation) W-CDMA frequencies. Designed, assembled, tuned and tested in our Burnaby, British Columbia facility, UltraTech amplifiers ensure maximum efficiency
and performance.

This news release includes statements that constitute forward-looking statements, including statements about anticipated demand for the Company`s products, future
market share and new growth and the anticipated impact of corporate restructuring on the Company`s financial results. Such forward-looking statements involve
known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from the anticipated results,
performance or achievements expressed or implied by such forward-looking statements.


CONTACT: Unity Wireless Corporation
James E. Carruthers, Investor Relations
(604) 267- 2716
[e-mail]

SOURCE: Unity Wireless Systems Corporation

[Bombenleger]

Ich verstehe es nicht.Da stellt mann einen Wert vor der sich
kontinuierlich entwickelt und keinen interessiert es.
Unity Wireless haben im ersten Quartal die Gewinnschwelle
erreicht und das in einem Quartal wo viele Firmen in diesem
Bereich massive Einbrüche hatten.Die Firma verbessert sich
im jedem Quartal und ist solide geführt.

[Bombenleger]

und wieder +7%.
Wieder interessiert es niemanden.Stattdessen wird hier über
Aktien wie amjc und ähnliches rumdiskutiert.
Einen fundamental guten Wert wie Unity Wireless wird aber
außer acht gelassen.

[GoldHändchen]

Bin jetzt auch mal eingestiegen.

Das erste Quartal ist ja bombig gelaufen.

Gott sei Dank ist der Wert noch so klein, daß er kaum Beachtung findet.

Ist der beste OTC Wert den ich kenne.
(Ok, das nächste Quartal wirds beweisen, ob die weiter wirtschaftlich arbeiten können)

Vor allem hab ich mir den Wert wegen dem Artikel in der FTD gekauft (über Wireless LAN)
..und UTYW ist eines der wenigen Unternehmen in diesem Bereich die PROFITABEL arbeiten

[GoldHändchen]

Ach so, der zweite Quartalsbericht steht demnächst auch noch an.
(Diese oder nächste Woche)

Wenn der wieder gut wird dann gehts endlich los.
(und das Unternehmen bekommt den Wert, denn es verdient)

100%???

-> sind locker drin

[GoldHändchen]

Ok, wenn schon keiner antwortet spiele ich wieder selbst den Alleinunterhalter:
Unity Wireless UTYW im OTC und in Berlin zu handeln (Ok Berlin Berlin kann man vergessen wegen Spreads von vielleichtt 100% !!!)

Also,
Unity Wireless

- hat im ersten Quartal erstmals einen Quartalsgewinn gemacht

- hat im ersten Quartal den Umsatz um über 2500% !!!!! gesteigert

- hat eine Marktkapitalisierung von unter 6 Mio. US$ !!

- deren Aktie notiert nahe am all-time-low

- haben 2,5 Mio US$ Cash und gernerieren weiter Cash

- haben eine Gewinnmarge von phantastischen 28% (wer in der freien Wirtschaft arbeitet, weiß wie gut das ist)

UND:

überhaupt KEINE SAU scheint sich dafür zu interessieren, wirklich unglaublich, da wird in Luftschlösser wie E-NET oder PEABODYS investiert....
Es ist wirklich kaum zu fassen,
da ist sie, die Perle dees OTCs und keiner sieht sie...

(ok, sollten die nächsten Q.Zahlen schlecht ausfallen nehme ich natürlich alles zurück )

[Argon18]

Im zweiten Quartal gabs zwar einen Verlust, Unity ist aber weiter auf dem richtigen Weg
BURNABY, B.C., Aug. 14, 2001 (PRIMEZONE) -- Unity
Wireless Corporation (OTCBB:UTYW - news), a leading provider
of innovative high performance RF power amplifiers to the wireless
industry, today announced second quarter 2001 financial results.

Net Sales for the second quarter ended June 30, 2001 from the RF
power amplifier business were $570,559, an increase of $406,443 or
248% over the second quarter ended June 30,2000 when the
Company was involved in the subsequently discontinued Unity
Wireless Integration, Sonem traffic preemption and Unilinx
telemetry business segments.

The Company reported a net loss for the second quarter ended
June 30, 2001 of $615,804 or $0.024 per basic and fully diluted
share, a continued improvement of $440,980, from a net loss of
$1,056,784 for the second quarter ended June 30, 2000.

For the second quarter ended June 30,2001, the net loss of $615,804
included: (i) a $314,169 non-cash stock compensation expense from
the variable plan stock options; (ii) a $165,125 realized loss on the
disposition of the Unilinx business; and (iii) a $383,091 gain on the
disposition of the Sonem business.

John Robertson, Chief Executive Officer, reported that, ``by
divesting ourselves of the Unilinx and Sonem business, we are able
to focus all our resources on the RF power amplifier business and in
diversifying our customer base, attracting new North American and
international customers and developing new products. We feel
strongly that within the next several quarters, our recent planned
investments in research & development, marketing and distribution
channel development, will make a significant positive impact on both
our revenues and bottom line in the near future.``

Roland Sartorius, Chief Financial Officer, stated, ``the Company has
remained focused on monitoring its general operating expenses while concentrating on investment in
both R&D and marketing.

The complete Unity Wireless Corporation Second Quarter 2001 Report on Form 10-QSB can be found
at www.freeedgar.com indexed under the UTYW stock symbol.

About Unity Wireless Corporation, www.unitywireless.com

Thousands of Unity Wireless`s UltraTech family of high performance RF (radio frequency) power
amplifiers are utilized in current wireless networks supporting cost effective, reliable end-to-end voice
and data communications. We support current and next generation network technologies including
Cellular, PCS (Personal Communications Services -- TDMA, CDMA, GSM), IP Gateways, Paging,
WLL (Wireless Local Loop), BWA (Broadband Wireless Access) and 3G (third generation)
W-CDMA frequencies. Designed, assembled, tuned and tested in our Burnaby, British Columbia
facility, UltraTech amplifiers ensure maximum efficiency and performance.

This news release includes statements that constitute forward-looking statements, including statements
about anticipated demand for the Company`s products, future market share and new growth. Such
forward-looking statements involve known and unknown risks, uncertainties and other factors that may
cause actual results, performance or achievements to differ materially from the anticipated results,
performance or achievements expressed or implied by such forward-looking statements.


CONTACT: Unity Wireless Corporation, Burnaby
James E. Carruthers, Investor Relations
(604) 267- 2716
[e-mail]

SOURCE: Unity Wireless Systems Corporation

Email this story - Most-emailed articles - Most-viewed articles

[Bombenleger]

@ goldHändchen,

freut mich das jemand mal den Wert entdeckt hat.Deinen
Beiträgen ist nichts zuzufügen.

[GoldHändchen]

Hi Bombenleger,

ja, leider waren die Q.-Zahlen nicht so gut wie von mir erhofft,
aber dennoch ist das Unternehmen auf dem richtigen Weg.

Ich denke mal daß diese Q. ein Ausrutscher war.

Klar, der US Wirtschaft geht es gerade nicht besonders rosig, aber das ging es denen im 1. Q. schon auch nicht mehr.

Ich denke, wenn man in einem Q. eine Gewinnmarge von 28% hinbekommt, läßt sich darauf doch sicher aufbauen.
Was jetzt her muß sind Aufträge, Aufträge, Aufträge...

P.S.
Find ich gut, daß es dich noch gibt, vielleicht kommt ja doch noch ein kleiner Kreis UTYWler zusammen.

[GoldHändchen]

Hallo Bombenleger & Argon 18

..also die Quater results haben mir keine Ruhe gelassen,
und eine vernünftige Erklärung habe ich in der Presseerklärung auch nicht gefunden.
Deshalb habe ich mal an die IR Abteilung geschrieben.
Folgende Erklärung habe ich von denen erhalten:

Hello G......., thank you for your questions.

The majority of our sales come from the Korean market. In the past, the
second quarter has been the weakest. Sales from Korea should return to first
quarter territory in the third and fourth quarters.

We also dedicated a greater percentage of our engineering resources to
getting new customers, like Repeater Technologies. Our goals over the short
term include reducing our dependence on one market (Korea) and developing
new relationships with customers in North, South and Central America, Europe
and Asia. We have also undertaken a more aggressive marketing strategy
including industry publication advertising and trade show participation.

I think the results of these initiatives will be evident through the next
several quarters.

If you have further questions, please let me know.

Sincerely,

James Carruthers


.....hört sich doch ganz gut an, oder ???

Grüße
GoldHändchen

[GoldHändchen]

..noch jemand investiert???

Die letzte Zeit war doch sehr spannend, mehr als verdoppelt und jetzt ohne Grund wieder stark zurückgekommen.
Gestern war wirklich hohes Volumen am OTC bei steigendem Kurs,
da geht doch noch was!

GoldHändchen

[GoldHändchen]

So, da ist es auch schon passiert gestern +28,57%, na ja war nach dem hohen Volumen von neulich ja fast abzusehen.
Schönes Wo-E.

[Bombenleger]

Monday March 18, 9:03 am Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless announces the first in a range of Feedforward MCLPAs at the
CTIA Wireless 2002, Orlando, Florida

BURNABY, BC, March 18 /PRNewswire-FirstCall/ - Unity Wireless Corporation (CDNX: UWC - news; OTCBB: UTYW - news)
a leading provider of high linearity, high power amplifiers to the wireless industry, today announced the first in a line of new
Feedforward Multi-Carrier Linear Power Amplifiers (MCLPA). The Company`s new ``Tornado``, designed for use in 3G (third
generation) IMT-2000 networks in W-CDMA and CDMA 2000 applications, provides a maximum average RF output power of 60
Watts with up to four W-CDMA signals.

``The introduction of Tornado, our first Feedforward MCLPA marks a milestone for Unity Wireless, which can now join a select
group of RF LPA manufacturers with Feedforward capabilities. It is widely accepted that Feedforward techniques offer the highest
levels of RF PA linearization, which are essential to satisfying the stringent requirements for 2.5G and 3G Multi- carrier applications.
In addition to high output power, high linearity and high efficiency, our new design also offers some innovative adaptive control
features, which help to address the need for improved Feedforward production. The addition of Feedforward architecture to the Unity
Wireless product portfolio opens up a new LPA market and we look forward to the challenge of gaining customer acceptance and
satisfying that market in the near future,`` said Chris Owen, Leader of the Advanced Technology Group at Unity Wireless.

All Tornado MCLPAs will be phase matched allowing two parallel units to be combined to provide up to 100 Watt total maximum
average RF output power. Further anticipated refinements include hot swap capability, power supply efficiency improvements,
alternative dc supply voltage ranges, custom mechanical configurations as well as additional MCLPAs covering other frequency
bands and RF power levels.

Mr. Owen and additional members of Unity Wireless Corporation`s senior management team will be available for interview and
comments at the CTIA (Cellular Telecommunications and Internet Association) Wireless 2002 tradeshow and exhibition March 18 -
20, 2002 in Orlando, FL. See us at Booth 4876 in the tradeshow hall. Unity Wireless welcomes analysts, media and interested parties
to view the full line of the Company`s RF power amplifiers including the new ``Tornado`` Feed-forward LPA.

About Unity Wireless Corporation www.unitywireless.com

Thousands of Unity Wireless`s family of high performance RF (radio frequency) power amplifiers are utilized in current wireless
networks supporting cost effective, reliable end-to-end voice and data communications. We support current and next generation
network technologies including Cellular, PCS (Personal Communications Services - TDMA, CDMA, GSM), Paging, WLL (Wireless
Local Loop), BWA (Broadband Wireless Access) and 3G (third generation) W-CDMA and CDMA2000 frequencies. Designed,
assembled, tuned and tested in our Burnaby, British Columbia facility, Unity Wireless amplifiers ensure maximum efficiency and
performance.

The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This press release contains statements that constitute ``forward-looking statements`` within the meaning of Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors
that may cause the Company`s actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results,
performance or achievements expressed or implied by such forward looking statements. Forward-looking statements in this release include statements regarding: the
Company`s expectations regarding market acceptance of the Tornado and the amount and timing of revenues that may be generated by sales of the Tornado in future
periods. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties as: the possible failure of the Company to
effectively manage its growth, the timing of delivery on purchase orders; the risks associated with technical difficulties or delays in product introductions and
improvements; product development, product pricing or other initiatives of the Company`s competitors; the possibility that our potential customers will defer purchasing
decisions due to economic, political or other conditions or will purchase products offered by the Company`s competitors; price fluctuation of the Company`s stock price
and other risks and uncertainties detailed in the Company`s Annual Report on Form 10-KSB and other reports filed with the Securities and Exchange Commission. The
Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: Unity Wireless Corporation

[Bombenleger]

Wednesday March 27, 1:13 pm Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless Announces Joint Development Agreement with Radio
Components Sweden AB

BURNABY, BC, March 27 /PRNewswire-FirstCall/ - Unity Wireless Corporation (CDNX: UWC - news; OTCBB: UTYW - news)
a leading provider of RF (radio frequency) power amplifiers to the wireless telecommunications industry, today announced that it
signed a joint development agreement with Radio Components Sweden AB for the design and manufacture of an advanced
Feedforward multi carrier linear power amplifier (MCLPA) for integration into Radio Components` high coverage transmission
antenna systems for the 3G European markets.

The development agreement provides for the sharing of expenses and technology to design and build an amplifier to power Radio
Components` Phased Array Antenna technology. The anticipated benefits of a transmission system of this type include a larger
coverage area, more powerful signal and lower operating costs per base station for wireless service providers.

``The European 3G market for our system is substantial given its benefit to our customers. The deployment of Radio Components`
new high coverage antennas depends on the development of a reliable and efficient high performance MCLPA,`` said Torbjorn
Johnson, Founder and CEO of Radio Components. ``We believe Unity Wireless has the combination of skills and experienced
engineers required for a complex project of this nature.``

Mr. Johnson is a well-known pioneer of the radio transmission systems now used for wireless telecommunications. In 1978, Mr.
Johnson founded Radiosystem AB in Kista, Sweden to develop mobile network components, and by 1984, Radiosystem was designing
base stations. In 1988, Radiosystem was acquired by L.M. Ericsson Telephone Co., also of Sweden, where Mr. Johnson worked until
1995 in positions including Technical Director. Mr. Johnson founded Radio Components Sweden AB to develop antenna technology to
aid in the deployment of next generation wireless networks.

``We are very excited to be working with Mr. Johnson and Radio Components Sweden to meet their specific RF power amplifier
needs as we believe their systems offer a solution to increasing wireless network coverage, which is expected to be one of the first
challenges faced by wireless service providers as 3G networks are launched in Europe,`` said Unity Wireless Corporation President,
Ilan Kenig. ``We view it as an endorsement of our engineering team that Radio Components has chosen to work with Unity Wireless.
This agreement also follows recently awarded orders from new customers in Europe and further validates the efforts of Unity
Wireless` Vice President of Sales, Chris Neumann and the cooperation of our European distributor ACAL in Sweden.``

About Radio Components Sweden AB www.radiocomponents.com

Radio Components is a new and unique niche company in wireless business, founded in 1999 by Mr Torbjorn Johnson - a well-known
pioneer in radio communications. The Company`s professionals have more than 200 years of experience in Cellular Base Stations.
Located north of Stockholm, the European cellular headquarter with neighbours like Ericsson and Nokia, Radio Components` business
idea is to improve and increase performance in Cellular Systems by developing Phased Array Antenna technology, subsystems and
Base Station components. Radio Components offers new technology to selected operators for most of today`s existing and emerging
Cellular Standards.

About Unity Wireless Corporation www.unitywireless.com

Thousands of Unity Wireless`s family of high performance RF (radio frequency) power amplifiers are utilized in current wireless networks supporting cost effective,
reliable end-to-end voice and data communications. We support current and next generation network technologies including Cellular, PCS (Personal Communications
Services - TDMA, CDMA, GSM), Paging, WLL (Wireless Local Loop), BWA (Broadband Wireless Access) and 3G (third generation) W-CDMA and CDMA2000
frequencies. Designed, assembled, tuned and tested in our Burnaby, British Columbia facility, Unity Wireless amplifiers ensure maximum efficiency and performance.

The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact James E. Carruthers, Investor Relations
[phone] [e-mail]
7438 Fraser Park Drive, Burnaby, B.C., Canada V5J 5B9

This press release contains statements that constitute ``forward-looking statements`` within the meaning of Section 21E of the Securities Exchange Act of 1934. Such
forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company`s actual results, performance or
achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward
looking statements. Forward-looking statements in this release include statements regarding: the success and duration of the joint development agreement; size and
growth of the European 3G markets, anticipated improvements in the functionality of the product, future sales in Europe of the Company`s products and the current and
future effectiveness of the Company`s marketing program. Factors that could cause actual results to differ materially from anticipated results include risks and
uncertainties as: the possible failure of the Company to retain and recruit necessary engineering personnel, the timing of delivery of the product; the risks associated with
technical difficulties or delays in product introductions and improvements; unforeseen incompatibility between the Company`s technology and that of Radio Components;
product development, product pricing or other initiatives of the Company`s competitors; the possibility that our potential customers will defer purchasing decisions due to
economic, political or other conditions or will purchase products offered by the Company`s competitors; price fluctuation of the Company`s stock price and other risks
and uncertainties detailed in the Company`s Annual Report on Form 10-KSB and other reports filed with the Securities and Exchange Commission. The Company
disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: Unity Wireless Corporation

[Bombenleger]

Friday March 29, 4:06 pm Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless Announces Financial Results for Fiscal 2001

BURNABY, BC, March 29 /PRNewswire-FirstCall/ - Unity Wireless Corporation (CDNX: UWC - news; OTCBB: UTYW - news)
a leading provider of RF (radio frequency) power amplifiers to the wireless telecommunications industry, announced the following excerpts from the Company`s 10-KSB
for the fiscal year ended December 31, 2001. The complete Unity Wireless Corporation 2001 Annual Report on Form 10-KSB can be found at www.freeedgar.com
indexed under the UTYW stock symbol. All figures are stated in US dollars.

``Beginning with the Company`s positive growth early in the year, results for 2001 reflect our investment in the internal infrastructure and business development initiatives
required to support the growth of our power amplifier business,`` commented Unity Wireless` Chief Financial Officer, Roland Sartorius.

Net Sales of RF amplifiers in fiscal 2001 increased to $3,544,770 from $474,003 in 2000. In 2001, the Company incurred a net loss of $2,098,014, including non-cash
stock-based compensation expenses of $655,454 and a gain from discontinued operations of $267,504, as compared to the fiscal 2000 net loss of $5,318,633, which
included non-cash stock-based compensation expenses of $682,201 and a loss from discontinued operations of $3,479,424. Cost of goods in fiscal 2001 was $2,570,454
representing 73% of sales, or a gross margin of 28%, including an inventory write down of $88,429 for inventory related to discontinued product lines.

Research and development expenses for fiscal 2001 were $842,487, or 24% of Net Sales. R&D expenses were primarily due to the hiring of senior level RF engineering
positions, leasing of RF test equipment and development of additional amplifier products including the recently announced Feedforward multi carrier linear power
amplifier (MCLPA).

General and administrative expenses in fiscal 2001 decreased by 6%, or $108,323, to $1,844,146 from $1,952,469 in 2000. These expenses in 2001 included non-recurring
legal and regulatory related costs associated with restructuring the operations during the year and expenses related to the new CDNX listing.

Ilan Kenig, incoming President of Unity Wireless Corporation stated, ``Unity Wireless has experienced positive revenue growth for the second sequential year in a
market that is forecasted by leading analysts for significant growth in 2003 and 2004. Our assets include a strong engineering group, early entry into third generation (3G)
products, competitive Feedforward MCLPA technology and repeat product sales to many existing customers. We believe the investment in our internal infrastructure
and product development will allow us to capitalize on opportunities as they emerge and further position Unity Wireless to capture additional market share as the overall
market for wireless telecommunications equipment improves.``

The Company further reported that Mr. Robert Fetherstonhaugh resigned his board position effective March 31, 2002. The Board wishes to thank Mr. Fetherstonhaugh
for all his assistance during his term as Director.

About Unity Wireless Corporation www.unitywireless.com

Thousands of Unity Wireless`s family of high performance RF (radio frequency) power amplifiers are utilized in current wireless networks supporting cost effective,
reliable end-to-end voice and data communications. We support current and next generation network technologies including Cellular, PCS (Personal Communications
Services - TDMA, CDMA, GSM), Paging, WLL (Wireless Local Loop), BWA (Broadband Wireless Access) and 3G (third generation) W-CDMA and CDMA2000
frequencies. Designed, assembled, tuned and tested in our Burnaby, British Columbia facility, Unity Wireless amplifiers ensure maximum efficiency and performance.

The Canadian Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.

[Bombenleger]

Wednesday April 10, 9:57 pm Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless Retains Osprey Partners for Corporate Communications
Initiatives

BURNABY, BC, April 10 /PRNewswire-FirstCall/ - Unity Wireless Corporation (CDNX: UWC - news; OTCBB: UTYW - news) a
leading provider of RF (radio frequency) power amplifiers to the wireless telecommunications industry, announces today that it has
retained Osprey Partners of Brielle, New Jersey to work with the Company in planning and executing corporate communications and
investor relations initiatives.

``I am excited to begin working with the Unity Wireless team at this stage in the Company`s development,`` commented Michael A.
Mulshine, principal of Osprey Partners. ``I believe their recent achievements and initiatives have positioned Unity for future growth
and I look forward to helping them communicate their achievements to the financial community.

Osprey Partners, and its principal Mike Mulshine, have more than twenty years of financial public relations, investor relations and
corporate communications experience with publicly listed companies in the United States. Osprey Partners will provide general
strategic counsel in addition to financial media outreach and investor relations services.

Under the terms its one-year agreement with Unity Wireless, Osprey Partners will receive a monthly service fee of US$1,000 and
stock options, vesting over a one-year period, to purchase 150,000 common shares of Unity Wireless for US$0.31 per share. Mike
Mulshine, principal of Osprey Partners, also holds 110,000 shares of the common stock of Unity Wireless. Mr. Mulshine may acquire
further securities of the Company for investment purposes, in the market or privately.

Unity Wireless Corporation`s President Ilan Kenig reported, ``We believe Mr. Mulshine`s experience working with companies like
Unity Wireless to deliver their message to the financial community, will be particularly advantageous to our Company. We welcome
his participation and skills in communicating our business objectives and long-term strategies to a greater audience.``

About Unity Wireless Corporation www.unitywireless.com

Thousands of Unity Wireless`s family of high performance RF (radio frequency) power amplifiers are utilized in current wireless
networks supporting cost effective, reliable end-to-end voice and data communications. We support current and next generation
network technologies including Cellular, PCS (Personal Communications Services - TDMA, CDMA, GSM), Paging, WLL (Wireless
Local Loop), BWA (Broadband Wireless Access) and 3G (third generation) W-CDMA and CDMA2000 frequencies. Designed,
assembled, tuned and tested in our Burnaby, British Columbia facility, Unity Wireless amplifiers ensure maximum efficiency and
performance.

The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This press release contains statements that constitute ``forward-looking statements`` within the meaning of Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors
that may cause the Company`s actual results, performance or achievements, or developments in our industry, to differ materially from
the anticipated results, performance or achievements expressed or implied by such forward looking statements. Forward-looking
statements in this release include statements regarding: the growth prospects of the Company and the effectiveness of investor relations services to be provided under
the agreement. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties as: the inability of the Company to meet
future growth objectives, including, but not limited to, increasing product and customer breadth; the inability of the Company to manage future growth, if any, effectively;
the inability of Osprey to identify and communicate with persons in the financial community interested in the Company; trends within the financial community which may
shift interest away from the Company`s sector; the risks associated with technical difficulties or delays in product introductions and improvements; product development,
product pricing or other initiatives of the Company`s competitors; the possibility that our potential customers will defer purchasing decisions due to economic, political or
other conditions or will purchase products offered by the Company`s competitors; price fluctuation of the Company`s stock price and other risks and uncertainties
detailed in the Company`s Annual Report on Form 10-KSB and other reports filed with the Securities and Exchange Commission. The Company disclaims any intention
or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact James E. Carruthers, Investor Relations
[phone] [e-mail]
7438 Fraser Park Drive, Burnaby, B.C., Canada V5J 5B9

[Bombenleger]

Wednesday May 8, 9:02 am Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless Delivers New Wireless Local Loop (WLL) Base Station Power
Amplifiers

BURNABY, BC, May 8 /PRNewswire-FirstCall/ - Unity Wireless Corporation (TSX Venture: UWC - news; OTCBB: UTYW - news), a leading provider of RF
(radio frequency) power amplifiers to the wireless telecommunications industry, announced today that it has launched a new product line of power amplifiers
specifically designed for use in base stations providing Broadband Fixed Wireless Access (BFWA) and Wireless Local Loop (WLL) voice and data service. The
Company is also pleased to announce the initial sale and shipment of the base station amplifiers to a large US-based vendor of Broadband Fixed Wireless Access
networks.

Mr. Raffi Antepyan, Unity Wireless Corporation`s Vice President of Engineering commented, "BFWA and WLL networks generally solve "last mile" voice and data
fixed-line connection challenges and according to industry analysts, could represent a substantial portion of the wireline and wireless broadband markets by 2005. In
addition, census data in the United States suggests that at least 40% of the residential and business market cannot receive broadband internet access via current
cable or DSL (digital subscriber line) connections and developing countries such as China and India often lack the hardware to offer broadband access without
significant investment and construction in cable or DSL network infrastructure."

BFWA and WLL networks operate in the 2.5 GHz and 3.5 GHz frequency bands and can support CDMA (Code Division Multiple Access), OFDM (Orthogonal
Frequency Division Multiplexing) and MMDS (Multi-channel Multi-point Distribution Service) transmission standards. The new line of power amplifiers with RF
output power between 4 and 10 Watts responds to direct inquiries from several customers.

"This product line enables us to offer a wider range of power amplifier solutions designed to meet the specific performance and technical requirements of our
customers," reported Unity Wireless Corporation`s Senior Vice President and General Manager Mr. Tom Dodd. "We believe that the use of fixed wireless
applications will increase over the next several years and we are excited to offer power amplifier solutions for those network vendors looking to respond to the
anticipated growth of fixed wireless opportunities."

"Broadband fixed wireless networks can provide broadband access to urban, rural and underserved markets offering potentially higher throughput and portability
and can potentially lower capital investment requirements for service providers," commented Ilan Kenig, President of Unity Wireless Corporation. "Developing fixed
wireless and WLL products represents a new market for the Company. We believe that our ability to adapt to new technology opportunities will set us apart from
our competitors giving us an opportunity to increase market share in our industry"

About Unity Wireless Corporation www.unitywireless.com

Thousands of Unity Wireless`s family of high performance RF (radio frequency) power amplifiers are utilized in current wireless networks supporting cost effective,
reliable end-to-end voice and data communications. We support current and next generation network technologies including Cellular, PCS (Personal
Communications Services - TDMA, CDMA, GSM), Paging, WLL (Wireless Local Loop), BFWA (Broadband Fixed Wireless Access) and 3G (third generation)
W-CDMA and CDMA2000 frequencies. Designed, assembled, tuned and tested in our Burnaby, British Columbia facility, Unity Wireless amplifiers ensure
maximum efficiency and performance.

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.


This press release contains statements that constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Such
forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company`s actual results, performance or
achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward
looking statements. Forward-looking statements in this release include statements regarding: the Company`s expectations regarding market acceptance of the new
amplifiers, growth in the use of fixed wireless applications and the Company`s ability to take advantage of such growth, if any. Factors that could cause actual results
to differ materially from anticipated results include risks and uncertainties as: the increased availability of substitute technologies such as DSL or cable; the timing of
delivery on purchase orders; the Company`s ability to adjust to changes in technology and customers` demands; the risks associated with technical difficulties or
delays in product introductions and improvements; product development, product pricing or other initiatives of the Company`s competitors; the possibility that our
potential customers will defer purchasing decisions due to economic, political or other conditions or will purchase products offered by the Company`s competitors;
price fluctuation of the Company`s stock price and other risks and uncertainties detailed in the Company`s Annual Report on Form 10-KSB and other reports filed
with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.

SOURCE: Unity Wireless Corporation

[Bombenleger]

Wednesday May 15, 8:06 pm Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless Announces Financial Results for Q1 2002 and Closing of
Private Placement

BURNABY, BC, May 15 /PRNewswire-FirstCall/ - Unity Wireless Corporation (TSX Venture: UWC - News; OTCBB:
UTYW - News), a leading provider of RF (radio frequency) power amplifiers to the wireless telecommunications industry,
announced summary results from the Company`s 10-QSB for the quarter ended March 31, 2002. The complete Quarterly Report
on Form 10-QSB can be found at www.freeedgar.com indexed under the UTYW stock symbol. In addition, the Company
reported that it has completed a first closing of its private placement of Units intended to raise aggregate gross proceeds of
$749,000. All figures are stated in US dollars.

Roland Sartorius, Unity Wireless Corporation`s Chief Financial Officer reported, "net sales of RF amplifiers in the first quarter of
2002 increased to $1,482,494 from $1,392,947 in the first quarter of 2001. This increase was mostly due to new customers in
China and the United States ordering products as a result of our expanded marketing efforts in recent periods. Loss for the first
quarter was $202,987, or $0.007 per share, versus net income of $110,640, or $0.004 per share, a difference of $313,627 from
the same period last year."

"A significant portion of the difference is an $177,914 increase in research and development expenses and an $85,619 increase in
general and administrative expenses," continued Mr. Sartorius. "The increase in R&D activities and related expenditures are a
result of the larger number of engineering personnel on staff and the increased development of additional RF amplifier products
during the first quarter of 2002 versus the same period of 2001. Higher general and administrative expenses were due mostly to
increased legal, accounting, regulatory and investor relations expenses in relation to our recent listing on the TSX Venture
Exchange in addition to a higher number of purchasing, project management and general operations personnel on staff versus the
same period last year also contributing to the increase."

Ilan Kenig, President of Unity Wireless Corporation commented, "Unity Wireless is proud to have achieved several significant
goals in the first quarter. We also began to shift our strategic focus toward long-term partnerships with customers for both product
development and supply of RF power amplifiers. We believe that our investment in these partnerships, and the related product
development, reflects a sound strategy to achieve sustainable growth over the next several years."

The Company is also pleased to report it has completed a first closing of its private placement of Units for proceeds of $749,000.
The Company`s Board of Directors approved the issue of a total of 2,675,000 Units at $0.28 per Unit. Each Unit consists of one
share of common stock and one purchase warrant exercisable to purchase one additional share at $0.35 for a period of one year.
The Company has the right to call the purchase warrants if the Company`s common stock trades above $1.50 for a period of 10
consecutive days.

The first closing of the private placement, involving the sale of 2,317,857 Units for gross proceeds of $649,000, occurred on May
14, 2002. The remaining 357,143 Units are expected to be issued through a second closing on or about June 20, 2002. The proceeds of the private placement will
be used by the Company for general working capital.

The Company paid finder`s fees in connection with subscriptions for most of the Units. The finder`s fees were paid in cash (7%) and purchase warrants (3%). The
finder`s warrants are exercisable to purchase one share of common stock of the Company at $0.35 for a period of one year.

The Units were not registered under the Securities Act of 1933, as amended, or any state or federal law, and may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements. Under applicable Canadian securities laws, the Units may not be sold or transferred prior
to September 15, 2002.

About Unity Wireless Corporation www.unitywireless.com

Thousands of Unity Wireless`s family of high performance RF (radio frequency) power amplifiers are utilized in current wireless networks supporting cost effective,
reliable end-to-end voice and data communications. We support current and next generation network technologies including Cellular, PCS (Personal
Communications Services - TDMA, CDMA, GSM), Paging, WLL (Wireless Local Loop), BFWA (Broadband Fixed Wireless Access) and 3G (third generation)
W-CDMA and CDMA2000 frequencies. Designed, assembled, tuned and tested in our Burnaby, British Columbia facility, Unity Wireless amplifiers ensure
maximum efficiency and performance.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This press release contains statements that constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Such
forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company`s actual results, performance or
achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward
looking statements. Forward-looking statements in this release include statements regarding: the Company`s expectations regarding future income growth and market
trends and the ability of the Company to capture additional market share in new and existing markets and timing of the closings of the private placement and the
proceeds to be received. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties as to: the ability of the
Company to recruit and retain the necessary engineering staff and management personnel to develop products for new and existing markets; the risks associated with
technical difficulties or delays in product introductions and improvements; product development, product pricing or other initiatives of the Company`s competitors;
the ability of the Company to adjust to shifts in the focus of technological development in the wireless telecommunications industry; the possibility that our potential
customers will defer purchasing decisions due to economic, political or other conditions or will purchase products offered by the Company`s competitors; the ability
of investors to meet their obligations under the stock purchase agreements; price fluctuation of the Company`s stock price and other risks and uncertainties detailed
in the Company`s Annual Report on Form 10-KSB and other reports filed with the Securities and Exchange Commission. The Company disclaims any intention or
obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact James E. Carruthers, Investor Relations
[phone] [e-mail]
7438 Fraser Park Drive, Burnaby, B.C., Canada V5J 5B9

SOURCE: Unity Wireless Corporation

[Bombenleger]

Tuesday May 21, 9:03 am Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless Approved for C$483,000 IRAP Grant for 3G Feedforward
Technology Development

BURNABY, BC, May 21 /PRNewswire-FirstCall/ - Unity Wireless Corporation (OTCBB: UTYW - News; TSX Venture: UWC -
News), a leading provider of RF (radio frequency) power amplifiers to the wireless telecommunications industry, announced today
that it has been approved to receive a grant under the Industrial Research Assistance Program (IRAP) to further development of the
Company`s new line of third generation (3G) Feedforward multi-carrier linear power amplifiers (MCLPA).

"We are proud to again be recognized by the National Research Council of Canada who has selected our company to receive an
additional grant award of up to C$483,000 (US$308,000) under the Industrial Research Assistance Program (IRAP)," commented
Unity Wireless Corporation`s Chief Financial Officer Roland Sartorius. "The grant contributes in-part to salaries, services and
contracts, material and supplies, as well as a capital expense allowance and a percentage of overhead expenses related to our
MCLPA development."

The Industrial Research Assistance Program`s mandate is to stimulate wealth-creation for Canada through technological innovation
and by stimulating innovation in Canadian small and medium-sized enterprises. IRAP is designed to help meet the technological
challenges faced in delivering new products, processes or services. This particular contribution is funded through a joint venture
between the National Research Council`s Industrial Research Assistance Program and Technology Partnerships Canada, a special
operating agency of Industry Canada.

"We believe that being approved to receive this IRAP grant represents third party recognition and confidence in our engineering and
technological capabilities to design and produce world-class wireless network products," added Ilan Kenig, President of Unity
Wireless Corporation. "Unity is one of the first companies to develop single and multi-carrier products for 3G networks. We anticipate
that this grant will help expedite the time to market for our MCLPA and allow us to present our proprietary technology to our clients."

About Unity Wireless Corporation www.unitywireless.com

Thousands of Unity Wireless`s family of high performance RF (radio frequency) power amplifiers are utilized in current wireless
networks supporting cost effective, reliable end-to-end voice and data communications. We support current and next generation
network technologies including Cellular, PCS (Personal Communications Services - TDMA, CDMA, GSM), Paging, WLL (Wireless
Local Loop), BFWA (Broadband Fixed Wireless Access) and 3G (third generation) W-CDMA and CDMA2000 frequencies.
Designed, assembled, tuned and tested in our Burnaby, British Columbia facility, Unity Wireless amplifiers ensure maximum efficiency
and performance.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This press release contains statements that constitute "forward-looking statements" within the meaning of Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors
that may cause the Company`s actual results, performance or achievements, or developments to differ materially from the anticipated
results, performance or achievements expressed or implied by such forward looking statements. Forward-looking statements in this release include statements regarding:
the Company`s expectations regarding future development of MCLPA, the Company`s ability to commercialize MCLPA, the Company`s ability to expedite the
development and introduction of MCLPA and the inference related to IRAP`s approval of the Company`s grant. Factors that could cause actual results to differ
materially from anticipated results include risks and uncertainties as to: the ability of the Company to recruit and retain the necessary engineering staff and management
personnel to develop MCLPA; the risks associated with technical difficulties or delays in introduction of MCLPA; the ability of the Company to adjust to shifts in the
focus of technological development in the wireless telecommunications industry; the Company`s ability to raise additional financing to complete the development of
MCLPA and other risks and uncertainties detailed in the Company`s Annual Report on Form 10-KSB and other reports filed with the Securities and Exchange
Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future
events or otherwise.

SOURCE: Unity Wireless Corporation

[Bombenleger]

Thursday May 23, 9:01 am Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless Base Station Multi-Carrier Power Amplifiers Pass Final Field
Trails for One of China`s Largest Base Station Manufacturers

BURNABY, BC, May 23 /PRNewswire-FirstCall/ - Unity Wireless Corporation (TSX Venture: UWC - News; OTCBB: UTYW -
News), a leading provider of RF (radio frequency) power amplifiers to the wireless telecommunications industry, announced today
that after undergoing field trials and testing procedures, its "Dragon" model multi- carrier power amplifier, designed for base station
applications, has passed all of the field performance, reliability and quality requirements for one of China`s largest base station
manufacturers, ZTE Corporation.

"We believe this to be a significant milestone in the continuing evolution of our technology," commented Unity Wireless Corporation`s
Vice President of Engineering, Raffi Antepyan. "We have again demonstrated our ability to design, build and sell powerful and
efficient amplifiers for a number of applications, including base station transmitters used for both mobile and fixed wireless networks."

ZTE Corporation is one of China`s largest telecommunications equipment providers whose product lines include switching centres and
interface and mobile telecommunications equipment. ZTE is also participating in the research and development of China`s third
generation mobile telecommunications technology and has also obtained state granted licenses to produce GSM and CDMA mobile
phones and equipment.

The "Dragon" model power amplifier is designed to be highly efficient and to require minimal tuning during production, making it more
economical to produce and therefore providing a cost effective base station amplifier solution for customers worldwide.

"We believe that passing the field trails for a company such as ZTE will enhance the profile of Unity Wireless in the Chinese market
and may lead to additional orders," added Ilan Kenig, President of Unity Wireless Corporation. "The recent acceptance by ZTE
provides additional confidence in our ability to strengthen our business in China."

About Unity Wireless Corporation www.unitywireless.com

Thousands of Unity Wireless`s family of high performance RF (radio frequency) power amplifiers are utilized in current wireless
networks supporting cost effective, reliable end-to-end voice and data communications. We support current and next generation
network technologies including Cellular, PCS (Personal Communications Services - TDMA, CDMA, GSM), Paging, WLL (Wireless
Local Loop), BFWA (Broadband Fixed Wireless Access) and 3G (third generation) W-CDMA and CDMA2000 frequencies.
Designed, assembled, tuned and tested in our Burnaby, British Columbia facility, Unity Wireless amplifiers ensure maximum efficiency
and performance.

Contact James E. Carruthers, Investor Relations
(604) 267- 2716 [e-mail]
7438 Fraser Park Drive, Burnaby, B.C., Canada V5J 5B9

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This press release contains statements that constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Such
forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company`s actual results, performance or
achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward
looking statements. Forward-looking statements in this release include statements regarding: the Company`s ability to produce its Dragon model economically, reliably
and in an amount sufficient to meet demand, if any, the impact of the acceptance of the product by ZTE Corporation on obtaining additional orders in China and the
market acceptance for the new product, both in China and abroad. Factors that could cause actual results to differ materially from anticipated results include risks and
uncertainties as to: the ability of the Company to recruit and retain the necessary engineering staff and management personnel to develop products for new and existing
markets; the risks associated with technical difficulties or delays in product introduction, delivery and improvements; product development, product pricing or other
initiatives of the Company`s competitors; the ability of the Company to adjust to shifts in the focus of technological development in the wireless telecommunications
industry; the possibility that our potential customers will defer purchasing decisions due to economic, political or other conditions or will purchase products offered by the
Company`s competitors; the ability of investors to meet their obligations under the stock purchase agreements; and other risks and uncertainties detailed in the
Company`s Annual Report on Form 10-KSB and other reports filed with the Securities and Exchange Commission. The Company disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: Unity Wireless Corporation

[Bombenleger]

Wednesday May 29, 9:00 am Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless Ships 3G Power Amplifiers to European Customers

BURNABY, BC, May 29 /PRNewswire-FirstCall/ - Unity Wireless Corporation (TSX Venture: UWC - News; OTCBB: UTYW -
News), a leading provider of RF (radio frequency) power amplifiers to the wireless telecommunications industry, announced today
that is has shipped the first production orders of its "Cougar" model 3G (third generation) power amplifier to customers in Europe.
Products were shipped to two clients including Radio Components Sweden AB under a previously announced supply agreement.

"Unity Wireless is one of the first companies to present 3G power amplifiers to the marketplace and we are encouraged by the
favourable reception from existing and potential European customers," stated Chris Neumann, Vice President of Sales for Unity
Wireless Corporation. "We believe that our advanced 3G power amplifier product line, together with products currently under
development, will give the Company the opportunity to be a significant supplier to this market. We believe that additional companies in
Europe, North America, South Korea, and China will adopt 3G wireless technology and integrate it into their existing networks."

"We believe the "Cougar" 3G model single carrier power amplifier is one of the first of its kind available in the market," explained Nart
Bajj, lead project engineer for the Cougar power amplifier. "Its high linearity and minimal production time make it well adapted for 3G
applications and volume production. WCDMA`s wider frequency band lends itself to a less powerful and more concentrated base
station and repeater network environment which is a perfect fit for the 12 Watt Cougar."

Unity Wireless Corporation`s President Ilan Kenig reported that "We are currently pursuing multiple opportunities with European
customers and following our strategy to enter into long-term development and supply agreements for 3G power amplifier products.
We have received positive responses from European customers to our 3G product line and we hope to secure development and supply
agreements with additional European-based clients this year."

About Unity Wireless Corporation www.unitywireless.com

Thousands of Unity Wireless`s family of high performance RF (radio frequency) power amplifiers are utilized in current wireless
networks supporting cost effective, reliable end-to-end voice and data communications. We support current and next generation
network technologies including Cellular, PCS (Personal Communications Services - TDMA, CDMA, GSM), Paging, WLL (Wireless
Local Loop), BFWA (Broadband Fixed Wireless Access) and 3G (third generation) W-CDMA and CDMA2000 frequencies.
Designed, assembled, tuned and tested in our Burnaby, British Columbia facility, Unity Wireless amplifiers ensure maximum efficiency
and performance.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This press release contains statements that constitute "forward-looking statements" within the meaning of Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors
that may cause the Company`s actual results, performance or achievements, or developments in our industry, to differ materially from
the anticipated results, performance or achievements expressed or implied by such forward looking statements. Forward-looking
statements in this release include statements regarding: the Company`s ability to produce its Cougar model economically, reliably and
in an amount sufficient to meet demand, if any, the impact of the acceptance of the product by Radio Component Sweden AB on
obtaining additional orders in Europe and the market acceptance, and prospects of additional orders, for the new product, both in Europe and the rest of our targeted
markets. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties as to: the ability of the Company to recruit and
retain the necessary engineering staff and management personnel to develop and produce the Cougar for new and existing markets; the risks associated with technical
difficulties or delays in product introduction, delivery and improvements; product development, product pricing or other initiatives of the Company`s competitors; the
ability of the Company to adjust to shifts in the focus of technological development in the wireless telecommunications industry; the possibility that our potential
customers will defer purchasing decisions due to economic, political or other conditions or will purchase products offered by the Company`s competitors; and other risks
and uncertainties detailed in the Company`s Annual Report on Form 10-KSB and other reports filed with the Securities and Exchange Commission. The Company
disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: Unity Wireless Corporation

[Bombenleger]

Monday June 3, 9:00 am Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless to Exhibit June 4-5 at MTT-S in Seattle, Washington

BURNABY, BC, June 3 /PRNewswire-FirstCall/ - Unity Wireless Corporation (TSX Venture: UWC - News; OTCBB: UTYW -
News), a leading provider of RF (radio frequency) power amplifiers to the wireless telecommunications industry, announced today
that it will be featuring its latest power amplifier models at the International Microwave Symposium 2002`s exhibition in Seattle,
Washington, on June 4 and 5, 2002, at booth number 1233.

The symposium is sponsored by the IEEE Microwave Theory and Techniques Society (MTT-S). IMS 2002 forms the cornerstone in
a week of microwave-related activities that includes the Radio Frequency Integrated Circuits Symposium, the Automatic RF
Techniques Group Conference, a vendor exhibition, and a number of MTT-S meetings. This forum for technical exchange serves the
international microwave community.

Unity Wireless will feature its new "Koala", "Russian Dragon" and "Orca" model power amplifiers. The Koala is a Multi-Carrier
Power Amplifier (MCPA) designed for use in CDMA cellular networks. The Russian Dragon Single Carrier Power Amplifier
(SCPA) is designed for use in CDMA cellular networks and the Orca SCPA is designed for 3.5 GHz Wireless Local Loop (WLL)
applications.

Unity Wireless welcomes engineers, analysts, media and interested parties to see the full line of the Company`s RF power amplifiers
including the new "Tornado" Feedforward LPA.

About Unity Wireless Corporation www.unitywireless.com

Thousands of Unity Wireless`s family of high performance RF (radio frequency) power amplifiers are utilized in current wireless
networks supporting cost effective, reliable end-to-end voice and data communications. We support current and next generation
network technologies including Cellular, PCS (Personal Communications Services - TDMA, CDMA, GSM), Paging, WLL (Wireless
Local Loop), BFWA (Broadband Fixed Wireless Access) and 3G (third generation) W-CDMA and CDMA2000 frequencies.
Designed, assembled, tuned and tested in our Burnaby, British Columbia facility, Unity Wireless amplifiers ensure maximum efficiency
and performance.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact James E. Carruthers, Investor Relations
(604) 267- 2716 [e-mail]
7438 Fraser Park Drive, Burnaby, B.C., Canada V5J 5B9

SOURCE: Unity Wireless Corporation

[Bombenleger]

Tuesday June 4, 9:01 am Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless Commences Distribution Campaign in Israel and Books First
Customer Order

BURNABY, BC, June 4 /PRNewswire-FirstCall/ - Unity Wireless Corporation (TSX Venture: UWC - News; OTCBB: UTYW -
News) a leading provider of RF (radio frequency) power amplifiers to the wireless telecommunications industry, announced today that
its Middle Eastern distributor, RCM Ltd., has placed its first purchase order for "Lynx" model power amplifiers for one of its larger
customers.

"We believe that the innovative technology and professional engineering team at Unity Wireless is what the market is looking for,"
commented Giyora Elgar, Sales Engineer with RCM. "As RCM`s mission is to maintain a leading position in Israel as a manufacturer
and representative meeting all of our customers purchasing and maintenance requirements. Unity`s advanced technology and
commitment to developing long term relationships with their clients strengthens our efforts and position in the growing Israeli market."

"After Sweden, Israel is well known for its wireless growth as it enjoys one of the world`s highest mobile penetration rates at
approximately 87.5%," noted Ilan Kenig, President of Unity Wireless. "By distributing through a well entrenched Israeli representative,
as RCM is, we are well positioned to tap the potential of this market."

RCM Ltd, founded in 1974, is a leading manufacturers` representative in Israel. In addition to the distribution of RF power amplifiers
for Unity Wireless and other manufacturers` products, RCM`s own Microwave Engineering Group (MEG) designs and manufactures
antennas, waveguide components, microwave integrated subsystems and mechanical subsystems for customers in Israel and abroad.

Mr. Kenig further noted, "we are pleased to welcome RCM to our distinguished team of worldwide distributors and anticipate that
they will make a positive and direct contribution to the growth of our company."

About Unity Wireless Corporation www.unitywireless.com

Thousands of Unity Wireless`s family of high performance RF (radio frequency) power amplifiers are utilized in current wireless
networks supporting cost effective, reliable end-to-end voice and data communications. We support current and next generation
network technologies including Cellular, PCS (Personal Communications Services - TDMA, CDMA, GSM), Paging, WLL (Wireless
Local Loop), BFWA (Broadband Fixed Wireless Access) and 3G (third generation) W-CDMA and CDMA2000 frequencies.
Designed, assembled, tuned and tested in our Burnaby, British Columbia facility, Unity Wireless amplifiers ensure maximum efficiency
and performance.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This press release contains statements that constitute "forward-looking statements" within the meaning of Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors
that may cause the Company`s actual results, performance or achievements, or developments in our industry, to differ materially from
the anticipated results, performance or achievements expressed or implied by such forward looking statements. Forward-looking
statements in this release include statements regarding: the Company`s ability to produce its Lynx model economically, reliably and in
an amount sufficient to meet demand, if any, the impact of the purchase of the product by RCM Ltd on obtaining additional orders in Israel and the market acceptance,
and prospects and timing of additional orders, for the new product, both in Israel and the rest of our targeted markets. Factors that could cause actual results to differ
materially from anticipated results include risks and uncertainties as to: the ability of the Company to recruit and retain the necessary engineering staff and management
personnel to develop and produce the Lynx for new and existing markets; the risks associated with technical difficulties or delays in product introduction, delivery and
improvements; product development, product pricing or other initiatives of the Company`s competitors; the ability of the Company to adjust to shifts in the focus of
technological development in the wireless telecommunications industry; the possibility that our potential customers will defer purchasing decisions due to economic,
political or other conditions, including, but not limited to political unrest and associated violence, or will purchase products offered by the Company`s competitors; and
other risks and uncertainties detailed in the Company`s Annual Report on Form 10-KSB and other reports filed with the Securities and Exchange Commission. The
Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact James E. Carruthers, Investor Relations
[phone] [e-mail]
7438 Fraser Park Drive, Burnaby, B.C., Canada V5J 5B9

SOURCE: Unity Wireless Corporation

[Bombenleger]

Friday June 21, 8:01 am Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless Appoints Nart Bajj, PhD to the Position of Vice President,
Engineering

BURNABY, BC, June 21 /PRNewswire-FirstCall/ - Unity Wireless Corporation (TSX Venture: UWC - News; OTCBB: UTYW -
News), a leading provider of RF (radio frequency) power amplifiers to the wireless telecommunications industry, announced today
that Senior RF Design Manager Nart Bajj, PhD has been promoted to Vice President, Engineering and Raffi Antepyan was promoted
to the role of Senior Vice President, Advanced Technologies.

Mr. Bajj was promoted to the role of Vice President, Engineering following an impressive track record of product development at
Unity Wireless. He has played an integral role in the development of products that exhibit the highest levels of performance and
reliability characteristics that form a key element of the Unity Wireless commitment to customer satisfaction.

Prior to joining Unity Wireless in August 2001, Nart Bajj held senior engineering positions with Norsat International Inc. and ADC
Wireless Systems and brings strong research and industrial experience in RF design for both wireless and microwave applications.
Mr. Bajj earned a PhD in Mobile Radio Channel Characterization and a M.Sc. in Communications Engineering and Digital Electronics
over seven years at England`s University of Manchester Institute of Science and Technology. His responsibilities include management
of the Company`s engineering resources and ensuring the Company`s power amplifiers meet or exceed customer specifications.

"My achievements here at Unity Wireless are as much a credit to our engineering group as a team as they are to myself personally,"
said Mr. Bajj. "I am looking forward to both the opportunity and the challenge of harnessing the tremendous capability of our
engineering group and continuing to develop innovative RF power amplifier solutions for our customers."

Mr. Antepyan`s responsibilities now include overseeing development of the Company`s advanced power amplifier technologies and
facilitating strategic technology partnerships with potential customers and technology companies. Mr. Antepyan joined Unity Wireless
in February 2001 bringing over 20 years of wireless telecommunications research and development, sales and management, and
engineering experience.

"Nart`s combination of experience, discipline and work ethic provide a great skill set for managing the activities of our busy
engineering group and with Raffi`s specialized skills and experience, this move allows him to focus specifically on our own power
amplifier technology development," reported Unity Wireless Corporation President Ilan Kenig. "We believe that with these promotions,
we can better leverage our engineering assets and enhance our ability to bring more advanced products and technologies to our
customers."

About Unity Wireless Corporation www.unitywireless.com

Thousands of Unity Wireless`s family of high performance RF (radio frequency) power amplifiers are utilized in current wireless
networks supporting cost effective, reliable end-to-end voice and data communications. We support current and next generation
network technologies including Cellular, PCS (Personal Communications Services - TDMA, CDMA, GSM), Paging, WLL (Wireless
Local Loop), BFWA (Broadband Fixed Wireless Access) and 3G (third generation) W-CDMA and CDMA2000 frequencies.
Designed, assembled, tuned and tested in our Burnaby, British Columbia facility, Unity Wireless amplifiers ensure maximum efficiency and performance.

Contact James E. Carruthers, Investor Relations
[phone] [e-mail]
7438 Fraser Park Drive, Burnaby, B.C., Canada V5J 5B9

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

SOURCE: Unity Wireless Corporation

[Bombenleger]

Monday June 24, 1:06 pm Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless President Ilan Kenig Appointed to the Board of Directors

BURNABY, BC, June 24 /PRNewswire-FirstCall/ - Unity Wireless Corporation (TSX Venture: UWC - News; OTCBB: UTYW -
News), a leading provider of RF (radio frequency) power amplifiers to the wireless telecommunications industry, announced today that Company President Ilan Kenig
was appointed to Board of Directors on June 17, 2002. Mr. Kenig takes the board position recently vacated on June 13, 2002, by John Robertson, Unity`s former
President and CEO.

"Ilan has shown a high degree of dedication and determination since beginning his tenure at Unity Wireless. We look forward to continuing to work closely with Ilan now
as a member of the Board, and supporting his efforts to advance our Company," commented Unity Wireless Corporation`s Chairman Mark Godsy. "The Board would
also like to thank John for his contribution over the past 18 months and wish him well in his future endeavours."

About Unity Wireless Corporation www.unitywireless.com

Thousands of Unity Wireless`s family of high performance RF (radio frequency) power amplifiers are utilized in current wireless networks supporting cost effective,
reliable end-to-end voice and data communications. We support current and next generation network technologies including Cellular, PCS (Personal Communications
Services - TDMA, CDMA, GSM), Paging, WLL (Wireless Local Loop), BFWA (Broadband Fixed Wireless Access) and 3G (third generation) W-CDMA and
CDMA2000 frequencies. Designed, assembled, tuned and tested in our Burnaby, British Columbia facility, Unity Wireless amplifiers ensure maximum efficiency and
performance.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact James E. Carruthers, Investor Relations
[phone] [e-mail]
7438 Fraser Park Drive, Burnaby, B.C., Canada V5J 5B9

SOURCE: Unity Wireless Corporation

[Bombenleger]

Tuesday July 9, 9:01 am Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless Signs New Supply Agreements with Estimated Cumulative
Revenues of US$25.8 Million Through 2005

BURNABY, BC, July 9 /PRNewswire-FirstCall/ - Unity Wireless Corporation (TSX Venture: UWC - News; OTCBB: UTYW -
News), a leading provider of RF (radio frequency) power amplifiers to the wireless telecommunications industry, is pleased to
announce that it has recently signed three agreements to supply power amplifiers to leading manufacturers of wireless network
equipment located in Europe and North America.

Unity Wireless Corporation`s President Ilan Kenig stated, "The sale of thousands of RF power amplifiers over the last three years
has demonstrated our Company`s ability to deliver reliable, high performance power amplifier solutions. We believe these
agreements reflect the market`s recognition of that ability and hope that our long-term partnership strategy will provide Unity
Wireless with a solid revenue foundation, raise the Company`s position in its market, and provide a desirable return on investment."

Securing long-term agreements has always represented a key component of Unity Wireless Corporation`s business strategy and
has been pursued in parallel with its shorter-term custom product development business. Recently, Unity Wireless has focused its
efforts towards longer-term opportunities, and reduced its exposure to shorter-term projects. By signing multi-year development
and supply agreements, Unity Wireless hopes to benefit from a more predictable revenue stream. This presents additional
opportunities and greater financial flexibility in planning, executing and realizing Unity`s business objectives.

"After working with these customers for several months, our power amplifier production samples have met the specifications
required to enter into these long-term supply agreements," stated Tom Dodd, Unity Wireless Corporation`s Senior Vice President
and General Manager. "Based on forecasts provided by our customers and our own internal estimates, we believe these
agreements provide potential revenue of up to US$25.8 million in new revenue for Unity Wireless with volume shipments
commencing in 2003 and extending through 2005."

The first agreement is to supply a North American manufacturer of Wireless Local Loop (WLL) network equipment with power
amplifiers over a three- year period (2003-2005). Unity Wireless has delivered samples and pre- production units of a custom
"Orca" model power amplifier meeting the customer`s specifications and aggressive delivery schedule. The potential revenues
generated by this relationship are estimated at US$15.7 million reflecting a contractual minimum supply of 75% of the customer`s
forecast Orca power amplifier requirements.

The second agreement specifies delivery of standard production model Cougar power amplifiers to a European manufacturer of
repeater antenna systems and components. Initial production units to this customer have already been delivered, and the first units
are currently under field trial in the UK. Potential revenues generated by this relationship for the first application over an initial
18-month period are estimated at US$1.4 million with Unity Wireless being named the prime supplier of the customer`s power
amplifier requirements.

The third agreement, a preliminary agreement with a European manufacturer of 3G (third generation) base station equipment, is contingent on modifying Unity`s
"Cougar" model RF power amplifier to meet the customer`s physical size and control features. To date, production samples of the Cougar tested by the customer
have met their performance specifications. Assuming the customer`s acceptance of further samples modified to their requirements in September, the parties anticipate
signing a definitive, multi-year supply agreement in Q4, the basic terms of which are defined in the preliminary agreement. Revenues generated by this relationship
over a three-year period (2003-2005) are estimated at US$8.7 million reflecting supply of 50% of the customer`s minimum forecast for their power amplifier
requirements.

"Every Unity Wireless employee has worked very hard to develop our Company`s credibility in the marketplace for its products. I am delighted that Unity Wireless,
under Ilan`s leadership, has been able to leverage that credibility into these agreements with significant wireless network manufacturers," commented Unity Wireless
Corporation Chairman Mark Godsy.

For strategic reasons, Unity Wireless has intentionally withheld certain details of these supply agreements, most importantly the names of the customers. Each of
these customers has invested significant capital in their respective businesses and are well known in the wireless industry. Further details may be provided in the
future.

The above captioned agreements are subject to many factors that may have a material effect upon the potential value of the contracts. Forecasts provided by the
customers represent an expectation of business and do not represent firm orders, or a commitment to order, power amplifiers for the estimated values. The forecasts
have been used by both parties to determine delivery schedules and volume pricing models. The customers may delay or terminate the agreements with a minimum of
30 days notice provided that Unity Wireless fail to consistently meet delivery and quality requirements as defined in the agreements.

In addition, each customer could be subject to penalties imposed by Unity Wireless should accepted orders be delayed or cancelled by the customer. Theses
penalties include, but not limited to, any inventory carried by Unity Wireless specifically for that customer`s product. The customers could impose penalties on Unity
Wireless should the Company fail to meet delivery schedules or quality for accepted orders. Further penalties could be levied by the customer if they incur late
penalties as a result of a delivery or quality issue relating to Unity`s power amplifier product.

About Unity Wireless Corporation www.unitywireless.com

Thousands of Unity Wireless`s family of high performance RF (radio frequency) power amplifiers are utilized in current wireless networks supporting cost effective,
reliable end-to-end voice and data communications. We support current and next generation network technologies including Cellular, PCS (Personal
Communications Services - TDMA, CDMA, GSM), Paging, WLL (Wireless Local Loop), BFWA (Broadband Fixed Wireless Access) and 3G (third generation)
W-CDMA and CDMA2000 frequencies. Designed, assembled, tuned and tested in our Burnaby, British Columbia facility, Unity Wireless amplifiers ensure
maximum efficiency and performance.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This press release contains statements that constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Such
forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company`s actual results, performance or
achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward
looking statements. Forward-looking statements in this release include statements regarding: the success and duration of the agreements; anticipated revenue
generated by the agreements; size and growth of the markets covered by the agreements, anticipated improvements in the functionality of the products and future
sales of the Company`s products. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties as: changes in
customers` business plans or general market conditions that may adversely impact revenue generated by the agreements or result in the early termination of the
agreements; the possible failure of the Company to retain and recruit necessary engineering personnel, the timing of delivery of the products; the risks associated with
technical difficulties or delays in product introductions and improvements; unforeseen incompatibility between the Company`s technology and that of its customers
under the agreements; product development, product pricing or other initiatives of the Company`s competitors; the possibility that our customers, and potential
customers, will defer purchasing decisions due to economic, political or other conditions or will purchase products offered by the Company`s competitors; and other
risks and uncertainties detailed in the Company`s Annual Report on Form 10-KSB and other reports filed with the Securities and Exchange Commission. The
Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or
otherwise.

Contact James E. Carruthers, Investor Relations
[phone] [e-mail]
7438 Fraser Park Drive, Burnaby, B.C., Canada V5J 5B9

SOURCE: Unity Wireless Corporation

[Bombenleger]

Monday July 15, 10:08 pm Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless Engages Investment Banking Firm Yorkton Securities

BURNABY, BC, July 15 /PRNewswire-FirstCall/ - Unity Wireless Corporation (TSX Venture: UWC - News; OTCBB: UTYW
- News), a leading provider of power amplifiers to the wireless industry, is pleased to announce that it has selected Yorkton
Securities Inc., one of Canada`s largest independent technology investment banking firms, to advise Unity Wireless on investment
banking matters with a view to leading a financing in the fall.

Ilan Kenig, President of Unity Wireless Corporation stated, "In order to sustain our expected growth over the next year, it is
imperative that we have an investment banker who understands our long-term business strategy and can advise on helping us meet
our goals. We are proud to have selected Yorkton Securities to serve as our banker as they have shown themselves to be leaders
in the technology investment banking community, and the advice and services they bring to us is invaluable. We expect that this
relationship will help fuel the growth of our Company as we strive to increase our share in the marketplace."

Further details regarding investment banking activities will be announced as required filings are made and appropriate regulatory
approvals received.

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is one of the world`s foremost developers of Smart power amplifier technology. Our single-carrier and multi-carrier
power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of
base stations and repeaters around the world.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This press release contains statements that constitute "forward-looking statements" within the meaning of Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other
factors that may cause the Company`s actual results, performance or achievements, or developments in our industry, to differ
materially from the anticipated results, performance or achievements expressed or implied by such forward looking statements.
Forward-looking statements in this release include statements regarding: the prospects and timing of the Company`s planned
financing. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties as to: the
ability of the Company to generate interest in the offering; the ability to retain Yorkton`s services for the offering; the company`s
individual performance; conditions of financial markets due to internal or external influences; and other risks and uncertainties
detailed in the Company`s Annual Report on Form 10-KSB and other reports filed with the Securities and Exchange Commission.
The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.

SOURCE: Unity Wireless Corporation

[Bombenleger]

Tuesday July 16, 9:02 am Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless Appoints Mr. Brian Nixon and Mr. Doron Nevo to the Board
of Directors

BURNABY, BC, July 16 /PRNewswire-FirstCall/ - Unity Wireless Corporation (TSX Venture: UWC - News; OTCBB: UTYW
- News), a leading provider of RF (radio frequency) power amplifiers to the wireless telecommunications industry, announced
today that Mr. Brian Nixon and Mr. Doron Nevo have joined Unity Wireless Corporation`s Board of Directors. Mr. Nixon was
also named to the non- executive position of Vice Chairman.

"Both Brian and Doron have demonstrated a keen ability to grow and develop solid businesses in the telecommunications sector,"
commented Unity Wireless Corporation`s Chairman Mark Godsy. "We are delighted that they have both agreed to contribute their
knowledge and experience to the growth of our Company and we welcome them to our organization."

Mr. Nixon brings over 20 years of corporate and entrepreneurial leadership experience to the Board of Unity Wireless. Most
recently he was Senior Vice President, Business Solutions with BCE Media Inc. In this position, Mr. Nixon was responsible for
the development of Business Television and Interactive e-Learning services in Canada. He also continued as the President of
Infosat Communications, Inc., a position held since 1993 and was appointed Chairman of the Board of Directors of Vistar
Telecommunications Inc. an Ottawa based high technology company controlled by BCE Media Inc. Vistar was restructured and
subsequently divested resulting in a substantial return on investment. Prior, he was Vice President of Finance with an Oil & Gas
Company that specialized in asset management and divestiture. Previous positions included responsibility for distribution and
business development of the Canadian market for a large, multi-national US Corporation. In addition to holding the Certified
Management Accountant designation, Mr. Nixon has an MBA from the University of Calgary.

"After carefully reviewing the Company`s market, position and prospects, I believe that Unity Wireless offers a compelling
opportunity and challenge which I look forward to meeting. I am pleased to be joining Unity Wireless at this exciting point in its
development and am looking forward to serving the Company and its shareholders," said Mr. Nixon.

Mr. Nevo brings more than 20 years of business experience in high technology and telecommunications to the Board of Unity
Wireless. Currently, Mr. Nevo is President and CEO of KiloLambda Technologies, Ltd. an optical components and subsystems
company he founded in early 2001. Prior to KiloLambda, Mr. Nevo was President and CEO of NKO, Inc. a company he
founded that designed and developed a carrier grade IP Telephony system platform and established its own IP network. Mr. Nevo
was also President and CEO of Clalcom Ltd., an international telecommunications service provider in Israel which he founded in
1992. Prior to Clalcom, he held various positions with Sprint International Inc. He also serves on the board of a number of
companies including Audiocodes, Ltd. (NasdaqNM: AUDC), Elcom Technologies (a manufacturer of Satcom and Digital Radio
synthesizers), Notox, Ltd. (a biotech company) and Cellaris, Ltd. (a new materials company). Mr. Nevo received a B.Sc. in
Electrical Engineering from the Technion - Israel`s Technology Institute and an M.Sc. in Telecommunications Management from
Brooklyn Polytechnic.

"Unity`s business strategy of creating long-term relationships with their customers, partners and suppliers, combined with their technological strength and management
capability has given me a great deal of confidence in the Company`s future and I look forward to contributing to its success," said Mr. Nevo.

Unity Wireless Corporation`s Chief Financial Officer Roland Sartorius, and Senior Vice President Tom Dodd, will both step down allowing Mr. Nevo and Mr.
Nixon to assume their seats on the Board. This change is pursuant to a new corporate governance policy of a maintaining a maximum number of independent
external Directors on the Board of Unity Wireless.

"The Board would also like to acknowledge the contribution of outgoing board members, Unity Wireless Corporation`s Chief Financial Officer Roland Sartorius, and
Senior Vice President and General Manager Tom Dodd," added Mark Godsy. "They have both agreed to step down allowing Mr. Nevo and Mr. Nixon to assume
their seats on the Board. This change is pursuant to a new corporate governance policy of a maintaining a maximum number of independent external Directors on the
Board of Unity Wireless."

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is one of the world`s foremost developers of Smart power amplifier technology. Our single-carrier and multi-carrier power amplifier products deliver
world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

SOURCE: Unity Wireless Corporation

[SCHUBFAKTOR]

Hallo, habe es über fast ein Jahr verfolgt....

Der Kurs ist heute der gleich wie damals, allerdings gab es zwischenzeitlich die Chance mit knapp 80 % Gewinn zu verkaufen...ob man allerdings bei dem geringen Umsatz seine Dinger zu dem Preis auch rausbekommen hätte, bewage ich zu bezweifeln, solange man mit mehr als nur ein paar Groschen zockte...

Wie ist dein Statement heute (ausser die Kopierten Statements) ??

Ich denke, man könnte eventuell eine kleine Weihnachstmark schnappen....oder?

SCHUB

[Bombenleger]

Tuesday July 23, 9:03 am Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless Introduces Smart Power Amplifiers with World Class
Performance

BURNABY, BC, July 23 /PRNewswire-FirstCall/ - Unity Wireless Corporation (TSX Venture: UWC - News; OTCBB: UTYW -
News), a leading provider of power amplifiers to the wireless industry, is pleased to announce that it has demonstrated its first Smart
Power Amplifier product designed to significantly increase the efficiency and linearity of today`s power amplifiers. The Company
anticipates that its Smart Power Amplifiers will be available to customers within the next six weeks.

Ilan Kenig, President of Unity Wireless Corporation stated: "We are proud to have demonstrated what we believe to be one of the
most efficient power amplifiers in the world. Early feedback from several customers supports our belief that increasing the efficiency
and linearity of the power amplifier while also reducing the overall physical size creates a valuable and attractive power amplifier
solution for our customers."

Unity`s Smart Power Amplifiers are designed to make significant improvements in two important categories: efficiency and linearity.
Improvements in efficiency can reduce the wireless network operating costs, while increasing the linearity can improve wireless
network performance. Management believes that base stations and repeaters deployed with Smart Power Amplifiers from Unity
Wireless can lead to a reduction in the operating expense of wireless service providers, improving their return on investment.

"We have demonstrated a 50% increase in the efficiency of our "Cougar" model 10 Watt W-CDMA single-carrier power amplifier
with the new Smart Power Amplifier design. The Output power has also increased from 10 to 15 Watts, while maintaining the
performance specifications and spectral emissions mask requirements for 3G (third generation) applications," reported Unity Wireless
Corporation`s Vice President of Engineering Dr. Nart Bajj. "The Smart Power Amplifier design also generated a 10% improvement in
the linearity of our existing "Kodiak" model 25 Watt PCS (second generation) multi-carrier power amplifier."

"Increasing efficiency while enhancing performance has long been a challenge. In doing so, these recent improvements are a
testament to Unity`s engineering group and their ability to integrate new technologies and deliver commercially marketable products,"
commented Don Crowson, Chairman of Unity Wireless Corporation`s Technical Advisory Board after reviewing the performance
characteristics of Unity`s Smart Power Amplifiers. Mr. Crowson has over 35 years of industry experience with several large
telecommunications research and development organizations, which at one point included responsibility for the coordination of
research and development for GTE, now known as Verizon, in Canada.

Smart Power Amplifiers from Unity Wireless offer enhanced performance and improved efficiency versus products currently used in
the field. The Company`s complete line of power amplifier products for first, second and third generation cellular networks, in addition
to its Wireless Local Loop (WLL) and Digital Broadcast Television (DTV) products and Feedforward Linear Power Amplifiers, can
be adapted under Unity`s Smart Power Amplifier design.

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is one of the world`s leading developers of Smart Power Amplifier technology. Our single-carrier and multi-carrier
power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the
world.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This press release contains statements that constitute "forward-looking
statements" within the meaning of Section 21E of the Securities Exchange
Act of 1934. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors that may cause the Company`s
actual results, performance or achievements, or developments in our
industry, to differ materially from the anticipated results, performance
or achievements expressed or implied by such forward looking statements.
Forward-looking statements in this release include statements
regarding:the Company`s expectations regarding the timing of product
availability, market acceptance of the new products, and performance of
the new products in the field and relative to existing amplifiers.
Factors that could cause actual results to differ materially from
anticipated results include risks and uncertainties as: ; the unforeseen
delays and other risks associated with technical difficulties in product
introduction, delivery and improvements; product development, product
pricing or other initiatives of the Company`s competitors; the
possibility that our potential customers will defer purchasing decisions
due to economic, political or other conditions or will purchase
competitors` products; price fluctuation of the Company`s stock price and
other risks detailed in the Company`s Annual Report on Form 10-KSB and
other reports filed with the Securities and Exchange Commission. The
Company disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.

SOURCE: Unity Wireless Corporation

[Bombenleger]

Thursday August 1, 9:00 am Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless Taps Contract Electronics Manufacturer Creation
Technologies

BURNABY, BC, Aug. 1 /PRNewswire-FirstCall/ - Unity Wireless Corporation (TSX Venture: UWC - News; OTCBB: UTYW -
News), a leading provider of power amplifiers to the wireless industry, is pleased to announce that it has selected Burnaby, BC based
contract electronics manufacturer Creation Technologies Inc. for volume production of Unity`s power amplifiers.

Ilan Kenig, Unity Wireless Corporation`s President commented that, "Our business model provides for the outsourcing of volume
manufacturing so that we may remain focused on developing and marketing our advanced power amplifier solutions. We believe this
flexible model allows us to respond effectively to orders of various sizes as meeting our customer`s volume and delivery schedules
would require substantial investment in manufacturing facilities, equipment and additional resources. Creation is located in our
backyard and has a proven track record for quality."

Creation Technologies, an ISO 9002 certified contract electronics manufacturer, is 100 percent employee owned with assembly plants
in British Columbia and Ontario and provides full manufacturing solutions from design support and new product development to final
assembly, packaging and product distribution.

"Establishing this outsource manufacturing relationship with Creation instantly gives us the manufacturing capabilities to meet the
volume, quality and delivery demands of our customers. We also benefit from Creations` buying power and supply chain management
while keeping our inventory levels relatively low," commented Rick Byrd, Unity Wireless Corporation`s Vice President, Operations.
"Choosing Creation was the logical choice given their commitment to quality and their progressive business model of designating a
team to work closely with us from an early stage. We believe this relationship with Creation will allow us to quickly scale production
to meet the needs of our customers."

"Unity`s product manufacturing requirements ideally matched Creations` business model and service offerings," stated Arthur Tymos,
Creation Technologies` Chief Operating Officer. "We are impressed with Unity`s position in the power amplifier market and we look
forward to working with the Unity Wireless team to support their business objectives."

About Creation Technologies www.creationtech.com

Creation Technologies Inc. is a top Electronic Manufacturing Service (EMS) provider focused on manufacturing complex electronics
for businesses in the wireless telecommunication, medical, industrial controls, transportation and instrumentation markets. Creation
Technologies` strong financial management, employee ownership philosophy and commitment to investing in its capabilities, have
created a highly stable partner for OEMs.

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is one of the world`s leading developers of Smart Power Amplifier technology. Our single-carrier and multi-carrier
power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base
stations and repeaters around the world.

Contact James E. Carruthers, Investor Relations
[phone] [e-mail]
7438 Fraser Park Drive, Burnaby, B.C., Canada V5J 5B9

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This press release contains statements that constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Such
forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company`s actual results, performance or
achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward
looking statements. Forward-looking statements in this release include statements regarding: the duration of the relationship with Creation and the ability of Creation to
meet the Company`s production needs in both quantity and quality. Factors that could cause actual results to differ materially from anticipated results include risks and
uncertainties as: production problems or bottlenecks at Creation that may delay delivery of products; incompatibility between Creation`s manufacturing facilities and
Unity`s product designs; changes in the Company`s market, including general economic conditions, competition from other companies or technologies and other
influences, that may lead to insufficient sales volume to make the relationship with Creation profitable or even economically viable; and other risks and uncertainties
detailed in the Company`s Annual Report on Form 10-KSB and other reports filed with the Securities and Exchange Commission. The Company disclaims any intention
or obligation to update or revise any forward- looking statements, whether as a result of new information, future events or otherwise.

SOURCE: Unity Wireless Corporation

[Bombenleger]

Wednesday August 14, 10:30 pm Eastern Time

Press Release

SOURCE: Unity Wireless Corporation

Unity Wireless Announces Financial Results for Q2 2002

BURNABY, BC, Aug. 14 /PRNewswire-FirstCall/ - Unity Wireless Corporation (TSX Venture: UWC - News; OTCBB: UTYW -
News), a leading provider of power amplifiers to the wireless industry, announced summary results from the Company`s 10-QSB for the quarter ended June 30, 2002.
The complete Quarterly Report on Form 10-QSB can be found at www.freeedgar.com indexed under the UTYW stock symbol. All figures stated in US dollars.

Net loss for the second quarter was $1,378,379, or $0.043 per share, compared with a loss of $611,856, or $0.024
per share, in the second quarter 2001. The loss also reflects an inventory write-off of $74,000 for obsolete
inventory. Net sales in the second quarter were $273,756 compared with $570,559 in the second quarter of 2001.
Research and Development and Sales and Marketing expenses increased 168% and 27% respectively in the
second quarter 2002 as compared with the second quarter 2001 while General and Administrative expenses
decreased 41% for the same period. These summary results and the attached financial statements should be read
together with the notes to the financial statements.

Ilan Kenig, President of Unity Wireless Corporation commented that, "Our results for the second quarter are due
in part to the prolonged downturn in the wireless industry and by our recently implemented strategy of seeking
long- term supply agreements with our customers. As a result of this strategy, and the fact that many of our
products are jointly developed with our customers, there is a longer sales cycle from the time the engineering
work begins through the field trials phase, during which time the customer places smaller sample orders, before
we begin to ship production volumes. To date, we have announced four such long-term agreements with
estimated revenues of over US$25 million through 2005 assuming full performance of the agreements at projected
levels. We expect that upon the successful completion of field trials contemplated under these agreements that
have begun, or will begin by first quarter 2003, we will begin shipping production volumes in the fourth quarter 2002 and into the first half of 2003. We book sales
revenue when a product is shipped to the customer therefore we anticipate that revenues will increase in the second half of 2002 as more new products are shipped and
as we continue to diversify our customer base, product lines and territories."

"We are focused on developing technologically superior power amplifier solutions required by today`s advanced wireless network infrastructure," continued Ilan Kenig.
"We believe our investment in research and development and our efforts to increase and diversify our customer base will lead to greater shareholder value over the next
several years."

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is one of the world`s leading developers of Smart Power Amplifier technology. Our single-carrier and multi-carrier power amplifier products deliver
world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

CONTACT: James E. Carruthers, Investor Relations
[phone] [e-mail]
7438 Fraser Park Drive, Burnaby, B.C., Canada V5J 5B9


CONSOLIDATED BALANCE SHEETS
(expressed in U.S. dollars)
June 30, Dec. 31,
2002 2001
-------------------------------------------------------------------------
(unaudited)
$ $
ASSETS
Current assets
Cash and cash equivalents 404,277 1,012,430
Restricted cash 82,500 80,000
Accounts receivable, net 85,598 263,747
Government grant receivable 30,268 26,457
Inventory, net 469,584 519,516
Prepaid expenses 55,302 38,643
Other receivable 9,009 18,241
-------------------------------------------------------------------------
1,136,538 1,959,034

Equipment, net 299,946 276,909
Patents and licenses, net 33,392 -
Goodwill 741,596 741,596
-------------------------------------------------------------------------
2,211,472 2,977,539
-------------------------------------------------------------------------

LIABILITIES AND SHAREHOLDERS` EQUITY
Current liabilities
Bank indebtedness 100,412 238,667
Accounts payable and accrued liabilities 1,270,934 658,583
Product warranty 33,000 31,500
Obligations under capital leases 18,351 45,900
-------------------------------------------------------------------------
1,422,697 974,650

Loans payable - 74,451
Obligations under capital leases 3,654 3,488
-------------------------------------------------------------------------
Total liabilities 1,426,351 1,052,589
-------------------------------------------------------------------------

Stockholders` Equity
Common stock, $0.001 par value
100,000,000 33,617 30,916
Additional paid-in capital 15,158,267 14,896,893
Share subscription receivable (90,600) (90,600)
Deferred stock compensation (26,974) (199,198)
Accumulated deficit (14,415,321) (12,830,289)
Other accumulated comprehensive gain 126,132 117,228
-------------------------------------------------------------------------
785,121 1,924,950
-------------------------------------------------------------------------
2,211,472 2,977,539
-------------------------------------------------------------------------



CONSOLIDATED STATEMENTS OF OPERATIONS
AND COMPREHENSIVE INCOME (LOSS)
(expressed in U.S. dollars)
(Unaudited)

Three months ended Six months ended
June 30, June 30,
2002 2001 2002 2001

Net sales: 273,756 570,559 1,756,250 1,963,506
Cost of goods sold 528,908 336,802 1,686,478 1,382,802
-------------------------------------------------------------------------
(255,152) 233,757 69,772 580,704
-------------------------------------------------------------------------

Expenses:
Research and development 584,135 218,304 856,628 312,883
Sales and marketing 177,863 139,987 216,649 180,672
Less: Government
assistance (65,348) - (65,348) -
Depreciation and
amortization 22,944 73,250 46,372 141,483
Exchange (gain) loss 13,375 (20,320) 22,127 (75,318)
Interest expense 3,536 1,151 4,969 2,219
General and
administrative 391,875 661,840 651,005 835,350
-------------------------------------------------------------------------
1,128,380 1,074,212 1,732,402 1,397,289
-------------------------------------------------------------------------

Operating loss for
the period (1,383,532) (840,455) (1,662,630) (816,585)
Interest income 1,289 6,069 2,671 34,639
Other income 198 616 74,927 9,278
Provision for income
taxes 0 0 0 0
-------------------------------------------------------------------------
Loss from continuing
operations (1,382,045) (833,770) (1,585,032) (772,668)
-------------------------------------------------------------------------
Gain from discontinued
operations 0 217,966 0 267,504
-------------------------------------------------------------------------
Loss for the period (1,382,045) (615,804) (1,585,032) (505,164)

Comprehensive loss:
Loss for the period (1,382,045) (615,804) (1,585,032) (505,164)
Currency translation
adjustment 3,666 3,948 8,904 116,828

-------------------------------------------------------------------------
Comprehensive loss (1,378,379) (611,856) (1,576,128) (388,336)
-------------------------------------------------------------------------

Basic and diluted loss
per common share:
Continuing operations (0.043) (0.032) (0.050) (0.030)
Discontinued operations - 0.008 - (0.010)
-------------------------------------------------------------------------
Basic and diluted loss
per common share (0.043) (0.024) (0.050) (0.020)
-------------------------------------------------------------------------


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This press release contains statements that constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Such
forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company`s actual results, performance or
achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward
looking statements. Forward-looking statements in this release include statements regarding: the Company`s expectations regarding the ability and anticipated timing for
the Company to achieve positive cash flow, future income growth and market trends and the value and extent of performance of customer contracts. Factors that could
cause actual results to differ materially from anticipated results include risks and uncertainties as to: delay in, or the failure to materialize of, a recovery in the
telecommunication industry, early termination of long-term sales contracts with new customers, delays in orders from customers due to continued weakness in the
telecommunication`s sector, the ability of the Company to recruit and retain the necessary engineering staff and management personnel to develop products for new and
existing markets; the risks associated with technical difficulties or delays in product introductions and improvements; product development, product pricing or other
initiatives of the Company`s competitors; the ability of the Company to adjust to shifts in the focus of technological development in the wireless telecommunications
industry; the possibility that our potential customers will defer purchasing decisions due to economic, political or other conditions or will purchase products offered by the
Company`s competitors; the ability of investors to meet their obligations under the stock purchase agreements; price fluctuation of the Company`s stock price and other
risks and uncertainties detailed in the Company`s Annual Report on Form 10-KSB and other reports filed with the Securities and Exchange Commission, including Exhibit
99.1 to the Form 10-QSB filed with the Securities and Exchange Commission on August 14, 2002. The Company disclaims any intention or obligation to update or revise
any forward- looking statements, whether as a result of new information, future events or otherwise.

SOURCE: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Recognized as one of Canada`s Hottest
Start-ups by Profit Magazine
Ranking 8 out of the Top 50 Emerging Growth Companies in Canada
Tuesday August 27, 9:00 am ET

BURNABY, BC, Aug. 27 /PRNewswire-FirstCall/ - Unity Wireless Corporation (OTCBB: UTYW
- News; TSX Venture: UWC - News), a leading provider of high performance power amplifiers to
the wireless industry, announced today that it has been recognized by Profit Magazine as one
of Canada`s Hottest Start-ups ranking 8 of the top 50 emerging growth companies in Canada.

Ilan Kenig, President of Unity Wireless
Corporation stated: "We are very proud
to have been recognized by Profit
Magazine as one of Canada`s Hottest
Start-ups. Since our power amplifier
business began with two customers in
1999, we have grown rapidly and now
export our products to six countries
and do business with many of the
leading wireless equipment
manufactures around the world. We
believe this growth was achieved
mostly because of the dedication of
our employees to make our technology
among the best in the world."

Unity Wireless develops,
manufacturers and sells power
amplifiers that are an important component in wireless communications networks. Power
amplifiers help us make calls with our cell phones, and receive messages on our pagers and
PDAs (Personal Digital Assistants). The proliferation of these devices, and consumers` appetite
for wireless services, has created a large market for wireless network equipment.

The ability to combine performance, reliability and efficiency at a competitive price has allowed
Unity Wireless to sell thousands of amplifiers. The Company product line now includes power
amplifiers for all of the popular mobile phone standards, including the new 3G, or third
generation, protocols and the Company`s newest Smart Power line of amplifiers have exhibited
desirable performance and efficiency characteristics generating many favorable responses from
current and prospective customers.

"It is Unity`s technology and approach to business that has led to the Company recently
signing four supply agreements with customers in the United States, Sweden and Italy that
could represent more than US$25 million in revenues through 2005 if the agreements are fully
performed at projected levels. These agreements together with new customers in China, Israel
and the United States reflect the Company`s effort to further diversify and expand the
Company`s customer base which management believes will continue to contribute to
sustainable growth over the next several years," added Mr. Kenig.

Canada`s Hottest Start-ups is one of Canada`s premier awards programs for young growth
companies. It celebrates the strategies and achievements of Canada`s rising business stars.
Results of the annual survey, with stories profiling top growth leaders, are published in the
September issue of PROFIT, The Magazine for Canadian Entrepreneurs. For more information
and the complete listing of Canada`s Hottest Start-ups, please see Profit`s website at
http://www.profitguide.com/magazine/

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is a leading developer of Smart power amplifier technology. Our single-carrier
and multi-carrier power amplifier products deliver world-class efficiency and performance with
field-proven quality and reliability in thousands of base stations and repeaters around the world.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.

This press release contains statements that constitute "forward-looking statements" within the
meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors that may cause
the Company`s actual results, performance or achievements, or developments in our industry,
to differ materially from the anticipated results, performance or achievements expressed or
implied by such forward looking statements. Forward-looking statements in this release include
statements regarding: future growth of revenues and profits, anticipated revenue generated by
the agreements and ability of the Company to secure additional contracts. Factors that could
cause actual results to differ materially from anticipated results include risks and uncertainties
as: changes in customers` business plans or general market conditions that may adversely
impact revenue generated by the agreements or result in the early termination of the
agreements; the timing of delivery of the products; the risks associated with technical
difficulties or delays in product introductions and improvements; unforeseen incompatibility
between the Company`s technology and that of its customers under the agreements; product
development, product pricing or other initiatives of the Company`s competitors; the possibility
that our customers, and potential customers, will defer purchasing decisions due to economic,
political or other conditions or will purchase products offered by the Company`s competitors;
and other risks and uncertainties detailed in the Company`s Annual Report on Form 10-KSB
and other reports filed with the Securities and Exchange Commission. The Company disclaims
any intention or obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.

Investor Relations Contact James E. Carruthers
[phone] [e-mail]

or

Media Relations Contact Ann Gibbs
[phone] [e-mail]

[Bombenleger]

Unity Wireless Announces its Smart Power Amplifier
Project will Utilize PMC-Sierra`s PALADIN(TM)
Waveform Processors to Improve Performance and
Power Efficiency
Tuesday September 17, 9:01 am ET

BURNABY, BC, Sept. 17 /PRNewswire-FirstCall/ - Unity Wireless Corporation (OTCBB: UTYW
- News; TSX Venture: UWC - News), a leading provider of high performance power amplifiers to
the wireless industry, announced today its Smart Power Amplifier Project will utilize
PMC-Sierra`s (NASDAQ: PMCS - News) PALADIN(TM) waveform processors to develop digital
pre-distortion power amplifiers. The Smart Power Amplifier Project, which incorporates
advanced technologies and theories into a line of "Smart" power amplifiers, offers improved
power amplifier solutions.

Unity`s Smart Power amplifiers provide
the highest levels of efficiency and
performance while reducing the
amplifier`s size. In high power CDMA
applications like those used in advanced
3G, or third generation, networks, digital
pre-distortion technology promises
greater performance and efficiency than
more traditional power amplifier designs.

"PMC-Sierra`s PALADIN devices
simplify the design of wireless
transmitter subsystems and enable
improved power efficiencies for
multi-carrier base stations," said Laurie
Wallace, Director of Strategic
Marketing, Wireless Products of
PMC-Sierra`s Service Provider Division.
"Our developments with Unity Wireless further illustrate our ability to provide our customers
with increased network power and cost-efficiencies."

"We are excited to work with PMC-Sierra to develop advanced digital power amplifier solutions,"
said Ilan Kenig, Unity Wireless Corporation`s President. "PMC-Sierra`s state-of-the-art
PALADIN power waveform processors, which are optimized for their digital pre-distortion
semiconductor solution, complement our Smart Power Amplifier Project product
developments."

About PMC-Sierra`s PALADIN Family of Waveform Processors

The PALADIN family of waveform processors includes the PM7819 PALADIN Waveshaper,
PM7800 PALADIN 10 and PM7815 PALADIN 15 devices for next- generation 2.5 and 3G
wireless networks. These devices, which are used in digital, pre-distortion power amplifier base
transceiver stations, provide improved spectral power efficiencies of more than 50% over
feed-forward solutions. The PALADIN 10 is suitable for up to 2-carrier W-CDMA and up to 6-
carrier IS-95/CDMA2000 multi-carrier systems. The PALADIN 15 is suitable for up to 4-carrier
W-CDMA/UMTS and up to 16-carrier IS-95/CDMA2000 systems. The PALADIN Waveshaper
performs digital multi-carrier combining optimized for W- CDMA and CDMA2000 systems. For
more information, visit http://www.pmc- sierra.com/wireless

About Unity Wireless Corporation

Unity Wireless is a leading developer of Smart power amplifier technology. Our single-carrier
and multi-carrier power amplifier products deliver world-class efficiency and performance with
field- proven quality and reliability in thousands of base stations and repeaters around the world.
For more information, visit http://www.unitywireless.com.

About PMC-Sierra

PMC-Sierra is a leading provider of high speed broadband communications semiconductors and
MIPS-based processors for Enterprise, Access, Metro Optical Transport, Storage Area
Networking and Wireless network equipment that makes up the backbone of the Internet. The
company offers worldwide technical and sales support, including a network of offices throughout
North America, Europe and Asia. PMC-Sierra is included in the S&P 500 Index which consists
of 500 stocks chosen for market size, liquidity, and industry group representation and in the
Nasdaq-100 Index (NDX) which contains the largest non-financial companies on the NASDAQ
Stock Market. The company is publicly traded on the Nasdaq Stock Market under the PMCS
symbol. For more information, visit http://www.pmc-sierra.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.

This press release contains statements that constitute "forward-looking statements" within the
meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors that may cause
the Company`s actual results, performance or achievements, or developments in our industry,
to differ materially from the anticipated results, performance or achievements expressed or
implied by such forward looking statements. Forward-looking statements in this release include
statements regarding: the success and duration of the partnership and the ability of to
effectively integrate the technology and anticipated growth of digital technology applications in
base stations. Factors that could cause actual results to differ materially from anticipated
results include risks and uncertainties as: the risks associated with technical difficulties or
delays in product introductions and improvements; unforeseen incompatibility between the
Company`s technology and that of PMC- Sierra; changes in technology that may lead to
market shifts away from digital amplifiers; product development, product pricing or other
initiatives of the Company`s competitors; the possibility that our potential customers will defer
purchasing decisions due to economic, political or other conditions or will purchase products
offered by the Company`s competitors; and other risks and uncertainties detailed in the
Company`s Annual Report on Form 10-KSB and other reports filed with the Securities and
Exchange Commission. The Company disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new information, future events or
otherwise.

(C) Copyright PMC-Sierra, Inc. 2002. All rights reserved. PALADIN(TM) and
PMC-Sierra(TM) are trademarks of PMC-Sierra, Inc.
Contact James E. Carruthers, Investor Relations
(604) 267- 2716 [e-mail]
7438 Fraser Park Drive, Burnaby, B.C., Canada VSJ 5B9



Source: Unity Wireless Corporation

[Bombenleger]

Press Release
Source: Unity Wireless Corporation


Unity Wireless Announces Departure of Roland
Sartorius
Friday October 4, 9:01 am ET

BURNABY, British Columbia--(BUSINESS WIRE)--Oct. 4, 2002--Unity Wireless
Corporation (OTCBB:UTYW - News; TSX VENTURE:UWC - News), a leading provider of
power amplifiers to the wireless industry, today announced that Roland Sartorius has
resigned as the Chief Financial Officer of Unity Wireless effective September 30th to
pursue other opportunities. Mr. Sartorius will continue to assist the Company in
financial and regulatory matters as a consultant to the Company.

Roland Sartorius stated, "I am confident that Unity Wireless is well positioned for future
growth and success going forward. I believe Unity Wireless has a strong foundation and
proud to have received industry recognition for our accomplishments over the last
three years. I look forward to continuing my involvement as a consultant to the
Company assisting in financial and regulatory matters as required."

Ilan Kenig, President of Unity Wireless Corporation commented, "We have made a
consistent effort over the past six months to improve efficiencies and reduce our
expenses in light of current business conditions. These efforts in-part led to Roland`s
departure and we wish him well in his future endeavours."

"We are grateful for Roland`s contribution over the past three years and delighted that
he has agreed to continue assisting the Company," added Unity Wireless Corporation`s
Chairman Mark Godsy.

Ilan Kenig will serve as the Secretary of Unity Wireless Corporation and assume
responsibility for the financial matters.

About Unity Wireless Corporation
www.unitywireless.com

Unity Wireless is a leading developer of Smart power amplifier technology. Our
single-carrier and multi-carrier power amplifier products deliver world-class efficiency
and performance with field-proven quality and reliability in thousands of base stations
and repeaters around the world.

This press release contains forward-looking statements. Forward looking statements
are statements that are not historical facts and are generally, but not always identified
by the words "believe," "should," and similar expressions. The forward-looking
statements in this press release are subject to various risks, uncertainties and other
factors that could cause the Company`s actual results or achievements to differ
materially from those expressed in or implied by forward looking statements, including
risks that the Company will not continue to improve efficiencies, reduce expenses and
grow in the future. The Company disclaims any intention or obligation to update or
revise any forward-looking statements, whether as a result of new information, future
events or otherwise.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.

Contact:

Unity Wireless Corporation
James E. Carruthers, 604/267-2716
Email: [e-mail]
Website: www.unitywireless.com



Source: Unity Wireless Corporation

[Bombenleger]

Press Release
Source: Unity Wireless Corporation


Unity Wireless Supplies Power Amplifiers to
Netro Corporation, For Use in Its Leading Fixed
Broadband Wireless Angel Product at the 3.5
GHz Band
Monday October 7, 8:10 am ET

BURNABY, British Columbia--(BUSINESS WIRE)--Oct. 7, 2002--Unity Wireless
Corporation (OTCBB:UTYW - News; TSX VENTURE:UWC - News), a leading provider of
power amplifiers to the wireless industry, announced today that it has been awarded a
contract to supply 3.5 GHz power amplifiers to Netro Corporation, a leading provider of
fixed broadband wireless solutions worldwide. Unity Wireless has begun shipping units
to Netro and is ramping-up power amplifier production to support deliveries under the
supply agreement.

Ilan Kenig, Unity Wireless Corporation`s President stated: "We are very proud to be
working with an organization of Netro`s calibre and pleased to support their Angel
offering for the 3.5 GHz frequency band. Our engineering teams have been working
together for some time to deliver the power amplifier solution optimized to meet Netro`s
performance and cost targets. Our successful partnership has created what we hope
will be a long, and mutually profitable, relationship."

Netro will use the power amplifiers in its Angel product. Netro acquired the Angel
product from AT&T Wireless in February 2002. Angel is the first OFDM-based
broadband fixed wireless product commercially deployed to provide high-speed data
connectivity and toll-quality voice services. Angel offers up to 95% predictability of
coverage with its unique non-line-of-sight feature and a robust, carrier-class network
management software. The Angel 3.5 GHz product allows international service
providers to offer high-speed data and toll-quality voice to their end users.

Gideon Ben-Efraim, Netro`s Chairman and Chief Executive Officer commented, "We are
pleased to say that Unity`s power amplifiers have met all of our technical requirements
and their team has been successful in meeting our delivery schedules. Unity Wireless
has proven to be a reliable and competent partner."

About Netro Corporation
www.netro-corp.com

Netro Corporation is a leading provider of fixed broadband wireless systems used by
telecommunications service providers to deliver voice and high-speed data services for
access and mobile infrastructure applications to customers worldwide. Netro`s vision is
to provide breakthrough technology packaged in a carrier-class, practical solution that
enables quick service delivery and efficient use of capital. Netro offers a broad range of
low and high frequency products for business and residential, access and mobile
infrastructure needs, with a wide set of licensed frequencies for point to multipoint- 1.9
to 39 GHz. The Company`s AirStar and Angel products have an impressive track record
of performance and stability worldwide.

About Unity Wireless Corporation
www.unitywireless.com

Unity Wireless is a leading developer of Smart power amplifier technology. Our
single-carrier and multi-carrier power amplifier products deliver world-class efficiency
and performance with field-proven quality and reliability in thousands of base stations
and repeaters around the world.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Except for the historical information contained herein, the matters discussed in this
news release are forward-looking statements involving risks and uncertainties that
could cause actual results to differ materially from those in such forward-looking
statements. Potential risks and uncertainties with respect to Netro include, but are not
limited to, achieving revenues from the Angel product in the second half of 2002, and
Netro`s ability to manufacture and sell the Angel product on a cost-effective basis.
Forward looking statements with respect to Unity include statements regarding the
anticipated volume of shipments to Netro and the duration of the relationship with
Netro. Factors that could cause Unity`s actual results to differ materially from
anticipated results include risks and uncertainties such as: changes in Netro`s business
plan or general market conditions that may adversely impact revenue generated by the
agreement or result in the early termination of the agreement; the risks associated with
technical difficulties or delays in product introductions and improvements; unforeseen
incompatibility between the Unity`s technology and that of Netro; product development,
product pricing or other initiatives of the Unity`s competitors; the possibility that our
potential customers will defer purchasing decisions due to economic, political or other
conditions or will purchase products offered by the Unity`s competitors; and other risks
and uncertainties detailed in the Unity`s Annual Report on Form 10-KSB and other
reports filed with the Securities and Exchange Commission. Further information
regarding these and other risks with respect to Netro is included in Netro`s Annual
Report on Form 10-K for the fiscal year ended December 31, 2001, and Netro`s
quarterly reports on form 10-Q for the three months ended March 31, 2002 and for the
six months ended June 30, 2002 and in its other filings with the Securities and
Exchange Commission. Unity and Netro disclaim any intention or obligation to update or
revise any forward-looking statements, whether as a result of new information, future
events or otherwise.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.

Contact:

Unity Wireless Corporation
James E. Carruthers, 604/267-2716
Email: [e-mail]
Website: www.unitywireless.com

[Bombenleger]

Unity Wireless Welcomes New Vice Chairman and
Secretary
Tuesday October 29, 5:32 pm ET

BURNABY, British Columbia--(BUSINESS WIRE)--Oct. 29, 2002--Unity Wireless
Corporation (OTCBB:UTYW - News; TSX VENTURE:UWC - News), a leading provider of
power amplifiers to the wireless industry, announced today that Casey J. O`Byrne has
been appointed to the Company`s Board of Directors and to the position of Vice
Chairman. Brian Nixon has resigned as a director and Vice Chairman of the Company.
Unity Wireless also announced that Andrew J. Chamberlain has been appointed to the
position of Corporate Secretary.

Ilan Kenig, Unity Wireless Corporation President commented, "I am delighted that
Casey O`Byrne has agreed to join our Company. He brings a wealth of experience and
contacts that we believe will lend support to both the short and long-term execution of
our business plan. In addition, I am delighted that Andrew Chamberlain has agreed to
contribute his knowledge of corporate governance and securities laws to assist in the
administrative responsibilities required as a public company. We are truly fortunate to
have them aboard."

Joining Unity Wireless as a director and Vice Chairman is Casey J. O`Byrne. Mr.
O`Byrne is an attorney and has been practicing law in Edmonton, Alberta, since 1984.
From 1990 until the present, he has been a partner in the law firm of Tarrabain
O`Byrne & Company. He the Chairman of the Board and founder of Brocker
Technology Group Ltd., a telecommunications and information technology company
listed on the Toronto Stock Exchange that enjoyed sales of C$19.8 million in the six
months ended June 2002. Mr. O`Byrne is a graduate of the University of Cambrensis
School of Law in the United Kingdom.

Andrew J. Chamberlain of Edmonton, Alberta, joins Unity Wireless as its Corporate
Secretary. Mr. Chamberlain is an attorney and has been with the law firm of
Chamberlain-Hutchison in Edmonton, Alberta, Canada, since 1997. From 1985 to
1997, Mr. Chamberlain practiced law in Alberta, Canada, with Davies & Co. He is also
the Corporate Secretary of Brocker Technology Group Ltd. Mr. Chamberlain is a
graduate of the University of Alberta School of Law.

Unity Wireless Chairman Mark Godsy added, "We welcome Casey and Andrew to the
Unity Wireless team. I believe both of these gentlemen will make an active and positive
contribution to management as both bring considerable experience in corporate
development, financing and operations to our growing company. We also wish to thank
Brian for his tenure and service as a director and appreciate his continued support of
Unity Wireless."

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is one of the world`s leading developers of Smart Power Amplifier
technology. Our single-carrier and multi-carrier power amplifier products deliver
world-class efficiency and performance with field-proven quality and reliability in
thousands of base stations and repeaters around the world.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.

Contact:

Unity Wireless
James E. Carruthers, 604/267-2716
Email: [e-mail]
or
Osprey Partners
Mike Mulshine, 732/292-0982
Email: [e-mail]



Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Corporation Issues Letter to
Stockholders-Provides Update on Business Outlook
Friday November 1, 8:03 am ET

BURNABY, British Columbia--(BUSINESS WIRE)--Nov. 1, 2002--Unity Wireless Corporation
(OTCBB: UTYW - News; TSX Venture: UWC - News), a leading provider of power amplifiers to
the wireless industry, today released the following letter from Ilan Kenig, Chief Executive Officer
of Unity Wireless, to its stockholders:

Dear Unity Wireless Stockholders:

Let me begin by thanking you for your
continued support of Unity Wireless. As
a stockholder of Unity, I know that the
last year has been a difficult one for all
of us. Volatile capital markets and
reduced capital expenditures by
wireless service providers have left
many in our industry, including Unity
Wireless, in a weakened condition.

However, as we have often reported, we
believe that we have set Unity upon on
course for a promising future. We have
taken steps this year to enhance our
products, to expand our list of
customers and industry partners and to
reduce expenses, all in an effort to put our Company in position to benefit from an anticipated
turnaround in the wireless infrastructure industry.

General overview on the industry: As is well known, the wireless industry is currently in an
unsettled state. Some wireless equipment manufacturers are forecasting a general slowdown in
their businesses, while some semiconductor manufacturers are ramping up production of
silicon chips for 3G handsets - typically more handsets drive the need for additional wireless
infrastructure equipment. While some European operators are postponing their 3G license
terms or deployments, others are launching the first consumer field trials of their 3G networks.

Despite the immediate situation, certain analysts believe that the industry will soon come out of
the doldrums and return to growth in the future. While some industry analysts talk about a
slowdown in the third generation (3G) deployments, others predict the market will begin growing
again next year. In fact, one analyst from a large multi-national investment firm believes that
within the next three to four years, annual sales of wireless infrastructure equipment will almost
double, approaching $80 billion.

We believe that when the wireless market stabilizes, it will again be one of the fastest growing
technology sectors. Both in our businesses or our private lives, we are all becoming very
dependant on reliable wireless communications.

Unity`s Technology Initiatives: We have achieved significant technical advancements through
our development initiatives, which have focused on advancing two key power amplifier
characteristics - efficiency and linearity.

Our Smart Power Amplifier Project incorporates certain advanced technologies and theories in
a line of "Smart" power amplifiers. Our goal is to provide the highest levels of efficiency and
performance, while remaining focused on providing a simple and cost-effective solution for our
customers. Initial results from these amplifiers show dramatic improvements in both efficiency
and linearity characteristics. Over the next few quarters as these products are commercialized,
we intend to increase our marketing efforts with respect to these innovative products.

Revenues: Despite the current market situation and a decline in year over year results, Unity
Wireless did experience an improvement in quarter over quarter net sales for the third quarter
ended September 30, 2002. However, net sales for the third quarter of 2002 were down
compared to third quarter 2001. Complete third quarter results are expected to be released on
or before November 14, 2002.

Current Orders: At present, we have approximately US$800,000 in current orders. Current
orders include orders received during and since the third quarter and are defined as firm
purchase orders and/or production releases ordered against long-term contracts. These current
orders represent more sales than both the third quarter of this year and our fourth quarter of last
year respectively. While shipments are subject to many factors including lead times for certain
component parts that can often exceed eight to ten weeks from the completion of development,
we expect our fourth quarter revenue to show another incremental improvement over the just
completed quarter, although revenues are expected to be down on a year over year basis.

Long-Term Supply Agreements: Progress has been made with each of our four long-term
supply customers. We recently received production orders from two customers that are
included in our current orders and we continue to supply other customers with smaller
quantities of test products for field trials. Our power amplifier supply agreements are diversified
across customers in several countries and cover a variety of applications. We remain confident
that these customers will eventually increase their orders to forecasted levels.

Management: We recently made changes to the Board of Directors of the Company. Casey
O`Byrne joined the board as a director and Vice Chairman and brings his experience in
corporate governance and leadership to Unity`s board. Also joining the Company as Corporate
Secretary is securities attorney Andrew Chamberlain. With the addition of these two
professionals and the promotion of Ilan Kenig to the position of Chief Executive Officer, Unity
believes it has the corporate leadership and management team in place to execute its business
plan.

In connection with the above appointments, the Board of Unity Wireless authorized and granted
stock options exercisable at US$0.14 to the following senior officers and directors: Ilan Kenig,
CEO - 500,000 vesting over a two-year period; Casey O`Byrne, Vice Chairman - 200,000 vesting
over a three-year period; and, Andrew Chamberlain, Corporate Secretary - 75,000 vesting over a
three-year period. The options expire five years from the date of grant.

Expense Reduction: Efforts have been made across the Company to reduce expenses in
response to reduced revenue. Management has taken cost cutting measures in a number of
areas, including personnel, salaries and equipment expenses, which should position Unity for
stronger returns as we work to re-establish and surpass historical levels of sales.

Manufacturing: Unity`s outsourced manufacturing partner, Creation Technologies, has
commenced delivery of the first product under our recently announced supply agreement with
Netro Corporation. Over the course of the next several months, we expect to shift further
production from our internal small-scale manufacturing to Creation`s volume production
facilities.

Financing: In response to declining revenues, we have reduced our overhead by 50% since
mid-August without significantly compromising our development projects. Despite these efforts,
we have an immediate need for capital to fund ongoing operations.

The Company intends to satisfy its working capital requirements through a private placement
financing by way of convertible debenture convertible at a fixed rate and repayable at any time
without penalty. The Company proposes to raise up to CAD$2,250,000 by issuing up to 1,500
Units at CAD$1,500 per Unit; each Unit will consist of a CAD$1,500 Convertible Debenture and
10,000 Warrants. The Debenture would pay simple interest at 10% per annum and would
mature March 15, 2004. The principal amount of each Unit is convertible into common shares
at CAD$0.15 per share at any time at the election of the Unit holder, though the Company
could prepay the principal amount and interest in cash with no penalty at any time. Each
warrant will entitle the holder to purchase one additional common share at CAD$0.13 per share
and expire March 15, 2004. Any shares obtained through conversion or upon the exercise of
warrants would be restricted for a period of at least 4 months from the date of issue. The
Company also expects that it will pay finders fees of 10% of principal Debenture amounts
raised and 10% of warrants issued with the Units. The Debenture will be secured by a first and
prior general security interest granted by both the Company and the subsidiary in all of their
assets. However, this security would be subordinate to a maximum CAD$1,000,000 security
interest of CIBC in all of these assets.

The Company is presently finalizing the Debenture financing and funds have already been
placed in escrow. It is the intention of management to raise funds necessary to carry the
company through to positive cash flow and profitability. For further information regarding the
Company`s proposed financing, please contact Unity`s Corporate Secretary Andrew
Chamberlain at [phone].

None of the securities described herein have been registered under the Securities Act of 1933,
as amended (the "Securities Act"), and none of the securities described herein will be
registered under the Securities Act. None of the securities described herein may be offered or
sold in the United States or to, or for the account or benefit of, U.S. persons absent registration
or an applicable exemption from registration requirements. This letter does not constitute an
offer of any of the securities described herein in any jurisdiction.

Outlook: We believe that the strength of our technology and the breadth of our product lines
position us to benefit from the eventual upturn in the wireless infrastructure market, particularly
the European 3G market and the market for fixed wireless solutions. However, any significant
increase in revenue remains entirely dependant on increased capital spending by wireless
network operators.

In closing, we believe we have a strong engineering team and product line, and that supply
agreements with core customers position us to benefit from improved market conditions and
increased capital spending on wireless network equipment. We remain confident that we will
resolve our working capital deficiency and that our prospects will improve as the wireless
market recovers.

Yours very truly,

Ilan Kenig, Chief Executive Officer

Casey O`Byrne, Vice Chairman

About Unity Wireless Corporation

www.unitywireless.com

Unity Wireless is one of the world`s leading developers of Smart Power Amplifier technology.
Our single-carrier and multi-carrier power amplifier products deliver world-class efficiency and
performance with field-proven quality and reliability in thousands of base stations and repeaters
around the world.

This press release contains statements that constitute "forward-looking statements" within the
meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors that may cause
the Company`s actual results, performance or achievements, or developments in our industry,
to differ materially from the anticipated results, performance or achievements expressed or
implied by such forward looking statements. Forward-looking statements in this release include
statements regarding: the Company`s expectations regarding the ability and anticipated timing
for the Company to achieve positive cash flow; future income growth and market trends,
including but not limited to the proliferation of third generation technology; the value and extent
of performance of customer contracts, including but not limited to the volume of orders that may
be received pursuant to existing contracts and the effects of such orders on profitability; and
the future growth rate of the wireless market. Factors that could cause actual results to differ
materially from anticipated results include risks and uncertainties as to: delay in, or the failure
to materialize of, a recovery in the telecommunication industry; early termination of long-term
sales contracts with new customers, delays in orders from customers due to continued
weakness in the telecommunication`s sector; the ability of the Company to recruit and retain
the necessary engineering staff and management personnel to develop products for new and
existing markets; the risks associated with technical difficulties or delays in product
introductions and improvements; product development, product pricing or other initiatives of the
Company`s competitors; the ability of the Company to adjust to shifts in the focus of
technological development in the wireless telecommunications industry including, but not
limited to, changes that may delay or eliminate movement to third generation networks; the
possibility that our potential customers will defer purchasing decisions due to economic,
political or other conditions or will purchase products offered by the Company`s competitors;
fluctuation of the Company`s stock price and other risks and uncertainties detailed in the
Company`s Annual Report on Form 10-KSB and other reports filed with the Securities and
Exchange Commission, including Exhibit 99.1 to the Form 10-QSB filed with the Securities and
Exchange Commission on August 14, 2002. The Company disclaims any intention or obligation
to update or revise any forward-looking statements, whether as a result of new information,
future events or otherwise.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.

Contact:

Unity Wireless Corporation
James E. Carruthers, 604/267-2716
[e-mail]
www.unitywireless.com
or
Osprey Partners
Mike Mulshine, 732/292-0982
[e-mail]



Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Announces Financial Results for Q3
2002
Thursday November 14, 9:29 pm ET

BURNABY, British Columbia--(BUSINESS WIRE)--Nov. 14, 2002--Unity Wireless Corporation
(OTCBB:UTYW - News; TSX Venture:UWC - News), a leading provider of power amplifiers to the
wireless industry, announced summary results from the Company`s 10-QSB for the quarter
ended September 30, 2002. All figures stated in US dollars.

Ilan Kenig, CEO of Unity Wireless stated,
"With reduced operating expenses,
continued good relations with our core
suppliers and funds anticipated from the
financing currently underway, we remain
focused on core product lines and
fulfilling deliveries under long-term supply
agreements with our customers. We
believe these results illustrate our
commitment to pursue profitable
operations in the near-term while
continuing to create positive, long-term
growth prospects for Unity Wireless with
customers around the world."

Net sales of power amplifiers in the third
quarter of 2002 increased by
approximately 46% to $400,516 from
$273,756 in the second quarter of 2002 however decreased by 59%, or $571,521, from $972,037
in the third quarter 2001. We anticipate that revenues will continue to increase in the fourth
quarter of 2002 as we progress further into our refocused sales cycle as evidenced by
approximately $800,000 in recently announced purchase orders. The decrease of sales in the
third quarter of 2002 as compared to the same period in 2001 resulted from a significant down
turn in the wireless industry that resulted in slower sales of our products, our strategic decisions
to diversify geographically as well as by product type and to develop and seek long-term
customer supply contracts. As a result of this new strategy and the fact that our products are
customized in nature, there is an approximate four month sales cycle from the time the
engineering work starts through the field trials phase, during which the customer orders small
sample orders, to ultimately when production orders are placed by the customer. We estimate
that we are still in the middle of the sales cycle since we have targeted new long-term
customers.

The gross margin of $86,591 or 22% of net sales for the third quarter of 2002 represented
decrease from a gross margin of 35% of net sales for the third quarter of 2001. This decrease
represented the refocused sales strategy and associated long sales cycle to potential long-term
(e.g., three or more years) supply customers which results in higher costs of goods sold as a
percentage of revenues generated by sales to long-term customers early in the relationship as
sales volumes start low and production costs start high as we develop custom amplifiers for each
customer`s particular installation. This sales strategy transitioned our focus from one of
short-term relationships resulting in immediate sales, but no commitment for additional
purchases, to a focus on building long-term relationships with customers who would commit to
purchase a specified percentage of their amplifier requirement from us over a term of three or
more years. If we are successful in establishing favorable relationships with additional long-term
customers, we anticipate that these trends will reverse themselves as sales volumes increase
during the term of the relationship with our long-term customers and we are able to standardize
production and take advantage of economies of scale. We anticipate that we will increase our
gross margin during the fourth quarter of 2002 with increased sales and reduced overhead as a
result of our new sales and manufacturing strategies.

Research and development expenses in the third quarter of 2002 increased by 28%, or $60,184,
to $273,831 from $213,647 in the third quarter of 2001. The increase was primarily due to
increased research and development activities and related expenditures as a result of the larger
number of engineering personnel on staff and the increased development of additional radio
frequency amplifier products during the third quarter of 2002 versus the same period of 2001.
During the third quarter of 2002 we had an average staff number of over 15 engineers who were
working on over 15 projects in 4 geographic global regions versus approximately 10 newly hired
engineers who were working on less than 5 projects in 1 global geographic region for the same
period in 2001. It should be mentioned that differentiated products must be developed for each
geographic region as RF amplifier specifications vary from country to country. We have also
performed research and development work on third generation technology for the European
marketplace.

Sales and marketing expenses in the third quarter of 2002 decreased by 45% or $52,802, to
$63,248 from $116,050 in the third quarter of 2001. The decrease was primarily a net effect of
decreased advertising, promotional activities, tradeshow and travel expenses to visit new
customers and distributors, which was required in the third quarter of 2001. In the fourth quarter
of 2002, we plan to continue to reduce our marketing and sales expenses as we plan to solely
focus our marketing and sales personnel on the goal of securing additional short and long-term
supply agreements.

General and administrative expenses in the third quarter of 2002 decreased by 36%, or $141,732,
to $246,971 from $388,703 in the third quarter of 2001. The reduction was a result of better
control of overhead expenses, reduced stock compensation expense and less public company
filings and associated expenses than in the same period as last year. We expect general and
administrative expenses to decrease further in the fourth quarter of 2002 as a result of further
cost control measures that have been implemented.

Loss for the third quarter 2002 was $492,351, or $0.014 per share, compared to the third quarter
2001 loss of $400,583, or $0.016 per share, and a significant improvement over the second
quarter 2002 loss of $1,382,045, or $0.043 per share.

The complete Quarterly Report on Form 10-QSB can be found at www.freeedgar.com indexed
under the UTYW stock symbol.

About Unity Wireless Corporation
www.unitywireless.com

Unity Wireless is one of the world`s leading developers of Smart Power Amplifier technology. Our
single-carrier and multi-carrier power amplifier products deliver world-class efficiency and
performance with field-proven quality and reliability in thousands of base stations and repeaters
around the world.

UNITY WIRELESS CORPORATION
CONSOLIDATED BALANCE SHEETS
(expressed in U.S. dollars)
Sept. 30, Dec. 31,
2002 2001
----------------------------------------------------------------------
(Unaudited) (Audited)
$ $
ASSETS
Current assets
Cash and cash equivalents 119,815 1,012,430
Restricted cash 78,813 80,000
Accounts receivable (less allowance for
doubtful accounts of $32,934 (2001-$26,128)) 227,437 263,747
Government grant receivable 16,040 26,457
Inventory 356,906 519,516
Prepaid expenses 91,933 38,643
Other receivable 9,011 18,241
----------------------------------------------------------------------
899,955 1,959,034

Equipment, net 426,601 276,909
Patents and licenses, net 29,693 -
Goodwill 741,596 741,596
----------------------------------------------------------------------
2,097,845 2,977,539
----------------------------------------------------------------------

LIABILITIES AND SHAREHOLDERS` EQUITY
Current liabilities
Bank indebtedness 104,612 238,667
Accounts payable and accrued liabilities 1,096,815 658,583
Note payable 106,559 0
Product warranty 31,525 31,500
Obligations under capital leases 112,311 45,900
----------------------------------------------------------------------
1,451,822 974,650

Loans payable - 74,451
Obligations under capital leases 22,694 3,488
----------------------------------------------------------------------
Total liabilities 1,474,516 1,052,589
----------------------------------------------------------------------

Stockholders` Equity
Common stock, $0.001 par value 100,000,000
authorized, 35,016,894 (2001 - 30,915,704)
issued and outstanding 35,017 30,916
Additional paid-in capital 15,373,534 14,896,893
Share subscription receivable 0 (90,600)
Deferred stock compensation 0 (199,198)
Accumulated deficit (14,907,671)(12,830,289)
Other accumulated comprehensive gain 122,449 117,228
----------------------------------------------------------------------
623,329 1,924,950
----------------------------------------------------------------------
2,097,845 2,977,539
----------------------------------------------------------------------



UNITY WIRELESS CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
AND COMPREHENSIVE LOSS
(expressed in U.S. dollars)
(Unaudited)
Three months ended Nine months ended
Sept. 30, Sept. 30,
2002 2001 2002 2001
Net sales: 400,516 972,037 2,156,766 2,935,543
Cost of goods sold
(3 months data includes
stock-based compensation
recovery $10,327 in
2002 and nil in 2001;
9 months data includes
stock-based compensation
recovery $29,548 in 2002
and $350 in 2001) 313,925 632,979 2,000,403 2,015,781
----------------------------------------------------------------------
86,591 339,058 156,363 919,762
----------------------------------------------------------------------

Expenses:
Research and development
(3 months data includes
stock-based compensation
(recovery) expense $(60,642)
in 2002 and $3,558 in 2001;
9 months data includes
stock-based compensation
(recovery) expense
$(117,075) in 2002
and $37,543 in 2001) 273,831 213,647 1,130,459 526,530
Sales and marketing
(3 months data includes
stock-based compensation
recovery $33,152 in 2002
and $7,636 in 2001;
9 months data includes
stock-based compensation
(recovery) expense $(94,275)
in 2002 and $18,261 in
2001) 63,248 116,050 279,897 296,722
Less: Government assistance (56,462) (37,908) (121,810) (37,908)
Depreciation and
amortization 30,586 74,382 76,958 215,865
Exchange (gain) loss 15,190 (5,661) 37,317 (80,979)
Interest expense 6,047 1,222 11,016 3,441
General and administrative
(3 months data includes
stock-based compensation
recovery $32,068 in 2002 and
$45,606 in 2001; 9 months
data includes stock-based
compensation (recovery)
expense $(116,805) in 2002
and $119,577 in 2001) 246,971 388,703 897,976 1,224,053
----------------------------------------------------------------------
579,411 750,435 2,311,813 2,147,724
----------------------------------------------------------------------

Operating loss for the
period (492,820) (411,377)(2,155,450)(1,227,962)
Interest income 469 7,993 3,141 42,632
Other income 0 2,801 74,927 12,079
Provision for income taxes 0 0 0 0
----------------------------------------------------------------------
Loss from continuing
operations (492,351) (400,583)(2,077,382)(1,173,251)
----------------------------------------------------------------------
Gain from discontinued
operations 0 0 0 267,504
----------------------------------------------------------------------
Loss for the period (492,351) (400,583)(2,077,382) (905,747)

Comprehensive loss:
Loss for the period (492,351) (400,583)(2,077,382) (905,747)
Currency translation
adjustment (3,683) 28,106 5,221 144,934

----------------------------------------------------------------------
Comprehensive loss (496,034) (372,477)(2,072,161) (760,813)
----------------------------------------------------------------------

Basic and diluted loss
per common share
Continuing operations (0.014) (0.016) (0.064) (0.046)
Discontinued operations - - - 0.010
----------------------------------------------------------------------
Basic and diluted loss
per common share (0.014) (0.016) (0.064) (0.036)
----------------------------------------------------------------------


This press release contains statements that constitute "forward-looking statements" within the
meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors that may cause the
Company`s actual results, performance or achievements, or developments in our industry, to
differ materially from the anticipated results, performance or achievements expressed or implied
by such forward looking statements. Forward-looking statements in this release include
statements regarding: the Company`s expectations regarding the ability and anticipated timing for
the Company to achieve profitable operations, future income and long-term growth prospects for
the Company, completion of the $800,000 of recently announced purchase orders, the
Company`s estimates of the length of its current sales cycle, our ability to establish and maintain
long-term relationships with our customers, realize economies of scales, increase in our gross
margin and further reduce our costs. Factors that could cause actual results to differ materially
from anticipated results include risks and uncertainties as to: delay in, or the failure to
materialize of, a recovery in the telecommunication industry; early termination of long-term sales
contracts with new customers; failure to establish and maintain contracts with our current and
future customers; delays in orders from customers due to continued weakness in the
telecommunication`s sector; the ability of the Company to recruit and retain the necessary
engineering staff and management personnel to develop products for new and existing markets;
the risks associated with technical difficulties or delays in product introductions and
improvements; product development, product pricing or other initiatives of the Company`s
competitors; the ability of the Company to adjust to shifts in the focus of technological
development in the wireless telecommunications industry; the possibility that our potential
customers will defer purchasing decisions due to economic, political or other conditions or will
purchase products offered by the Company`s competitors; price fluctuation of the Company`s
stock price and other risks and uncertainties detailed in the Company`s Annual Report on Form
10-KSB and other reports filed with the Securities and Exchange Commission, including Exhibit
99.1 to the Form 10-QSB filed with the Securities and Exchange Commission on November 14,
2002. The Company disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.

Contact:

Unity Wireless Corporation
James Carruthers, 604/267-2716
Email: [e-mail]
or
Osprey Partners
Mike Mulshine, 732/292-0982
Email: [e-mail]
Website: www.unitywireless.com



Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Signs Joint Development & Supply
Agreement with Israel`s Dekolink Wireless for Digital
Repeater Systems
Monday November 18, 8:12 am ET

BURNABY, British Columbia--(BUSINESS WIRE)--Nov. 18, 2002--Unity Wireless Corporation
(OTCBB:UTYW - News; TSX Venture:UWC - News), a leading provider of power amplifiers to
the wireless industry, announced today the signing of an agreement with Israeli-based Dekolink
Wireless Ltd. to jointly develop a fully-integrated digital repeater system. Unity Wireless will
supply power amplifiers for that product for three years.

Ilan Kenig, CEO of Unity Wireless
Corporation commented: "We are
pleased to establish this relationship
with Dekolink Wireless, a subsidiary of
Elisra Corporation of Israel. The
amplifier we are developing for this
digital repeater system is an extension
of our Smart power amplifier family and
will utilize new digital pre-distortion
technology to achieve the desired
results. Given the projected efficiency
and performance specifications of the
digital repeater system, we believe the
new repeater will make a valuable
contribution to the wireless
infrastructure market."

"We were impressed with Unity`s next
generation of highly efficient Smart Power Amplifiers and believe that their digital pre-distortion
development initiatives could provide an optimal power amplifier solution for our digital repeater
system," stated Dekolink`s CEO Rami Hasarchi. "Designing an integrated digital solution that
incorporates our own unique digital filters with the digital amplifiers will provide an elegant and
practical solution to economically extend wireless network coverage for our customers."

Digital Pre-Distortion is a technique that utilizes digital signal processing (DSP) technology
programmed to constantly monitor the performance of the power amplifier and make corrections
to the signal in real-time - optimizing the linearity, or performance, of the output signal.

"We are proud to participate in the development of this innovative repeater system," added Dr.
Nart Bajj, Vice President of Engineering of Unity Wireless Corporation. "We believe that
combining our next generation of Smart Power Amplifiers, with Dekolink`s complementary
digital technology and expertise in repeater system development, will result in a new repeater
system offering better performance than currently available, while also improving multi-carrier
capability of the repeater. This should lead to improved signal strength and service quality for
mobile subscribers and additional flexibility for wireless service providers upgrading their
existing networks."

About Dekolink Wireless Ltd.

Dekolink Wireless Ltd. is a leading manufacturer of high-quality RF coverage solutions
designed to maximize wireless network coverage in difficult RF environments and complex
settings. Dekolink Wireless specializes in extending RF radio coverage to rural areas, office
buildings, subways, tunnels, and shadowed areas. Their product line of tower-mounted
amplifiers, band and channel selective repeaters, fiber interfaced repeaters, and boosters
provides affordable solutions for first, second and third generation wireless networks.

About Unity Wireless Corporation

www.unitywireless.com

Unity Wireless is one of the world`s leading developers of Smart Power Amplifier technology.
Our single-carrier and multi-carrier power amplifier products deliver world-class efficiency and
performance with field-proven quality and reliability in thousands of base stations and repeaters
around the world.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Except for the historical information contained herein, the matters discussed in this press
release are forward-looking statements involving risks and uncertainties that could cause actual
results to differ materially from those in such forward-looking statements. Forward looking
statements with respect to Unity include statements regarding the capabilities of the combined
product and the duration of the relationship with Dekolink. Factors that could cause Unity`s
actual results to differ materially from anticipated results include risks and uncertainties as:
changes in Dekolink`s business plan or general market conditions that may adversely impact
revenue generated by the agreement or result in the early termination of the agreement; the
risks associated with technical difficulties or delays in product introductions and improvements;
unforeseen incompatibility between the Unity`s technology and that of Dekolink; product
development, product pricing or other initiatives of the Unity`s competitors; the possibility that
our potential customers will defer purchasing decisions due to economic, political or other
conditions or will purchase products offered by the Unity`s competitors; and other risks and
uncertainties detailed in the Unity`s Annual Report on Form 10-KSB and other reports filed with
the Securities and Exchange Commission. Unity disclaims any intention or obligation to update
or revise any forward-looking statements, whether as a result of new information, future events
or otherwise.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.

Contact:

Unity Wireless Corporation
James E. Carruthers, 604/267-2716
Email: [e-mail]
Website: www.unitywireless.com
or
Osprey Partners
Mike Mulshine, 732/292-0982
Email: [e-mail]



Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Lands Significant Order From The
Chinese Giant: ZTE Corporation-Targeting China
Unicom`s CDMA Network
Friday November 22, 8:02 am ET

BURNABY, British Columbia--(BUSINESS WIRE)--Nov. 22, 2002--Unity Wireless Corporation
(OTCBB:UTYW - News; TSX:UWC - News), a leading provider of power amplifiers to the
wireless industry, announced today that the Company has been awarded an order to supply
China`s ZTE Corporation with power amplifiers for use in China Unicom`s CDMA wireless
network. The value of the order is approximately US$900,000 and scheduled for delivery in the
current quarter and the first quarter 2003.

Ilan Kenig, CEO of Unity Wireless
stated, "This order is a true milestone
for Unity Wireless. ZTE, by its size
and calibre, is one of the world`s
largest manufacturers of wireless
network base stations and it is a great
honor for us to work with them in
support of China Unicom`s recent
decision to expand their CDMA
network in China. We are very proud of
this achievement and look forward to
widening our relationship with ZTE in
the future."

Unity`s power amplifier is designed to
be highly efficient and to require
minimal tuning during production,
making it economical to produce and
provide a cost effective base station amplifier solution for customers worldwide. This amplifier
passed ZTE`s field performance, reliability and quality requirements in May of this year after
undergoing vigorous field trials and testing procedures. This order marks the transition from
development to production stage of the Company`s product development cycle after many
months of designing, testing, prototyping, sampling and evaluating conducted by both Unity
Wireless and its customer.

"I am very exited and encouraged by the level of sales activity with our customers, both under
supply agreements and otherwise, given our transition this year from short production runs and
small orders in the first quarter to the multi-year, multi-million dollar supply agreements. As of
today, this order from ZTE increases our confirmed orders in hand to total over US$1,800,000,"
commented Unity`s Vice President of Sales Chris Neumann. "It is great to see our investment
in product, technology and market development begin to return such a substantial reward."

ZTE Corporation is one of China`s largest telecommunications equipment providers whose
product lines include switching centres and interface and mobile telecommunications
equipment. ZTE is also participating in the research and development of China`s third
generation mobile telecommunications technology and has also obtained state granted
licenses to produce GSM and CDMA mobile phones and equipment.

"This is a significant milestone for Unity Wireless toward reaching its goal of being the world
leader in power amplifier technology," added Kenig. "Further, it is an achievement that could
only have been realized through the dedicated efforts of every employee of Unity Wireless."

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is one of the world`s leading developers of Smart Power Amplifier technology.
Our single-carrier and multi-carrier power amplifier products deliver world-class efficiency and
performance with field-proven quality and reliability in thousands of base stations and repeaters
around the world.

This press release contains statements that constitute "forward-looking statements" within the
meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors that may cause
the Company`s actual results, performance or achievements, or developments in our industry,
to differ materially from the anticipated results, performance or achievements expressed or
implied by such forward looking statements. Forward-looking statements in this release include
statements regarding: the Company`s ability to produce and deliver its power amplifiers in the
current quarter and the first quarter of 2003, the Company`s ability to widen its relationship with
ZTE in the future, the Company achieving and reaching its goal of being the world leader in
power amplifier technology, the Company`s ability to produce its power amplifiers economically,
reliably and in an amount sufficient to meet demand, if any, the impact of the acceptance o f
the product by ZTE Corporation on obtaining additional orders in China and the market
acceptance for the new product, both in China and abroad. Factors that could cause actual
results to differ materially from anticipated results include risks and uncertainties as to: the
ability of the Company to recruit and retain the necessary engineering staff and management
personnel to develop products for new and existing markets; the risks associated with technical
difficulties or delays in product introduction, delivery and improvements; product development,
product pricing or other initiatives of the Company`s competitors; the ability of the Company to
adjust to shifts in the focus of technological development in the wireless telecommunications
industry; the possibility that our potential customers will defer purchasing decisions due to
economic, political or other conditions or will purchase products offered by the Company`s
competitors; (insert specific risk factors which may prevent the delivery of these units ) the
ability of investors to meet their obligations under the stock purchase agreements; and other
risks and uncertainties detailed in the Company`s Annual Report on Form 10-KSB and other
reports filed with the Securities and Exchange Commission. The Company disclaims any
intention or obligation to update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.

Contact:

Unity Wireless Corporation
James Carruthers, 604/267-2716
[e-mail]
www.unitywireless.com
or
Osprey Partners
Mike Mulshine, 732/292-0982
[e-mail]



Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Closes First Round of Fund Raising
Over CAD$800,000
Monday November 25, 1:07 pm ET

BURNABY, British Columbia--(BUSINESS WIRE)--Nov. 25, 2002--Unity Wireless Corporation
(OTCBB:UTYW - News; TSX VENTURE:UWC - News), a leading provider of power amplifiers to
the wireless industry, announced today it has closed the first round of its previously announced
Convertible Debenture private placement offering by issuing Debentures with a principal value of
C$813,385.

The Debenture pays simple interest at 10% per annum and matures March 15, 2004. The
principal amount of each Unit is convertible into common shares at CAD$0.15 per share at any
time at the election of the Unit holder, though the Company has the right to prepay the principal
amount and interest in cash with no penalty at any time, which would cancel the conversion
right. In conjunction with the convertible debentures the Company has issued a total of
5,422,567 warrants. Each warrant will entitle the holder to purchase one additional common
share at CAD$0.15 per share and expire March 15, 2004. Any shares obtained through
conversion or upon the exercise of warrants would be restricted for a period of at least 4 months
from the date of issue of the debentures. The Company paid finders fees to eligible parties
equal to 10% of principal Debenture amounts raised by issuing 475,590 restricted common
shares at CAD$0.15. The Debenture will be secured by a general security interest granted by
both the Company and its subsidiary in all of their assets.

As part of the financing, the Company has agreed to file, within 90 days of closing, a
registration statement with the Securities and Exchange Commission qualifying the resale of
the shares of common stock issuable upon conversion of the debentures and upon exercise of
the warrants.

The Company anticipates closing on further funds within the next several weeks raising up to a
maximum of CAD$2,250,000 through the offering. There is no assurance that any additional
funds will be raised under this offering.

None of the securities described herein have been registered under the Securities Act of 1933,
as amended (the "Securities Act"). None of the securities described herein may be offered or
sold in the United States or to, or for the account or benefit of, U.S. persons absent registration
or an applicable exemption from registration requirements.

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is one of the world`s leading developers of Smart Power Amplifier technology.
Our single-carrier and multi-carrier power amplifier products deliver world-class efficiency and
performance with field-proven quality and reliability in thousands of base stations and repeaters
around the world.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.

Contact:

Unity Wireless Corporation
James E. Carruthers, 604/267-2716
Email: [e-mail]
Website: www.unitywireless.com
or
Osprey Partners
Mike Mulshine, 732/292-0982
Email: [e-mail]



Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Corporation: Change of Annual General
Meeting Date
Thursday December 12, 8:06 am ET

BURNABY, British Columbia--(BUSINESS WIRE)--Dec. 12, 2002--Unity Wireless Corporation
(OTCBB: UTYW - News; TSX Venture: UWC - News), a provider of power amplifiers to the
wireless industry, announces that it has postponed its next Annual General Meeting, which had
previously been scheduled for December 19, 2002. The new meeting date has tentatively been
scheduled for April 15, 2003. The notice and proxy with respect to the new meeting date will be
provided within the times, and in accordance with the provisions, of the Company`s articles of
incorporation, by-laws and applicable regulatory requirements. The material shareholders have
received recently by mail is not relevant to the new Annual General Meeting and should be
disregarded. Please contact the Company`s Secretary, Mr. Andrew Chamberlain at (780)
423-3661 with any questions regarding the Annual General Meeting.

About Unity Wireless Corporation
www.unitywireless.com

Unity Wireless is one of the world`s leading developers of Smart Power Amplifier technology.
Our single-carrier and multi-carrier power amplifier products deliver world-class efficiency and
performance with field-proven quality and reliability in thousands of base stations and repeaters
around the world.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this
release.

Contact:

Unity Wireless Corporation
James E. Carruthers, 604/267-2716
[e-mail]
www.unitywireless.com
or
Osprey Partners
Mike Mulshine, 732/292-0982
[e-mail]



Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Technology is Feature Cover Story of
December Issue of the Prestigious Microwave Journal
Thursday December 19, 3:22 pm ET

BURNABY, British Columbia--(BUSINESS WIRE)--Dec. 19, 2002--Unity Wireless Corporation
(OTCBB:UTYW - News; TSX VENTURE:UWC - News), a provider of power amplifiers to the
wireless industry, is proud to announce that its advanced technology for power amplifiers was
selected as a feature cover story in the wireless industry trade publication, Microwave Journal.

Microwave Journal reaches 50,000 professional readers in North America and 120 countries
around the world with its editorial content being the most respected in its field. Tailored to the
needs of readers, it features the latest in technical information, special reports, new product
information and news. According to Microwave Journal, its technical features are the most
respected and widely used articles of any trade journal and Microwave Journal is the only
journal to peer review technical features before publication to ensure that they are accurate,
timely and useful to the reader.

The cover story features Unity`s multi-carrier 3G (Third Generation) Feedforward linear power
amplifier and the Company`s proprietary Direct Distortion Control (DDC) technology. A
minimalist approach in the unique design has yielded an amplifier that has achieved high power
output, excellent linearity performance and low cost to satisfy today`s tough requirements for
the emerging 3G W-CDMA market.

The distinguishing features of Unity`s design include the patent-pending DDC technology. The
DCC circuit works specifically with CDMA-type modulation schemes, including W-CDMA,
cdma2000 and IS-95 and is being adapted for use in the Company`s Smart Power Amplifier line
of products currently in development.

For more information about Microwave Journal or to view their related product feature article on
Unity`s power amplifiers, please see its website at www.mwjournal.com

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is one of the world`s leading developers of Smart Power Amplifier technology.
Our single-carrier and multi-carrier power amplifier products deliver world-class efficiency and
performance with field-proven quality and reliability in thousands of base stations and repeaters
around the world.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.

Contact:

Unity Wireless Corporation
James E. Carruthers, 604/267-2716
Email: [e-mail]
Website: www.unitywireless.com
or
Osprey Partners
Mike Mulshine, 732/292-0982
Email: [e-mail]



Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless to Open Office in Shenzhen China;
Unity`s High Level of Business Activity in China
Requires a Full Time Presence
Friday March 7, 8:02 am ET

BURNABY, BRITISH COLUMBIA--Unity Wireless Corporation (OTCBB: UTYW - News; TSX:
UWC - News), a provider of power amplifiers to the wireless industry, announced that it has
established a full time presence in China, with the opening of an office in Shenzhen.

Ilan Kenig, President and CEO of Unity
Wireless Corporation commented, "We
are delighted with the business
opportunities that are developing for
Unity in China and across Asia. Our
decision to put an office in Shenzhen
was based on our belief that a full time
presence in the region will allow us to
much better serve our existing
customers, and will give confidence to a
number of potential new customers of
our commitment to meet their
continuing needs for advanced and
innovative RF power amplifiers as their
wireless communications infrastructure
grows over the next few years."

Having just returned from China, Unity`s
Vice President of Sales, Chris Neumann, stated that, "The major communications companies
in China are not only working on the building and expanding of wireless networks in China, but
are leading and managing wireless infrastructure implementations across Asia."

Mr. Neumann added that, "Unity Wireless is already working with ZTE Corporation, targeting
China Unicom`s CDMA wireless network, and we are actively participating in a number of other
wireless projects in China, other Asian countries, and in Western Europe. We believe that we
have the right RF power amplifiers products to satisfy their needs, and we believe that having a
representative on site in Shenzhen, China will help to ensure Unity`s involvement with many
additional projects and providers in this region of the world."

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is one of the world`s leading developers of Smart Power Amplifier technology.
Our single-carrier and multi-carrier power amplifier products deliver world-class efficiency and
performance with field-proven quality and reliability in thousands of base stations and repeaters
around the world.

This press release contains statements that constitute "forward-looking statements" within the
meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors that may cause
the Company`s actual results to differ materially from the anticipated results expressed or
implied by such forward looking statements. Forward-looking statements in this release include
statements regarding the proposed establishment of a new office in Shenzhen, China and the
impact of such office on the Company`s relations with and sales to existing and potential
customers in China and Asia. Factors that could cause actual results to differ materially from
anticipated results include risks and uncertainties such as: general market conditions that may
adversely impact revenue generated by the Company in its current sales market sand in China
and Asia; the ability of the Company to timely deliver sufficient pr
oduct; product development, product pricing or other initiatives of the Company`s competitors;
the possibility that our potential customers will defer purchasing decisions due to economic,
political or other conditions or will purchase competitors` products; and other risks and
uncertainties detailed in the Company`s Annual Report on Form 10-KSB and other reports filed
with the Securities and Exchange Commission. The Company disclaims any intention or
obligation to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.

Contact:

Unity Wireless
James E. Carruthers
Phone: [phone]
Email: [e-mail]
Website: www.unitywireless.com
or
Osprey Partners
Mike Mulshine
Phone: [phone]
Email: [e-mail]



Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Reports Pick Up in Revenue Related
Projects
Friday April 4, 8:01 am ET

Company`s Backlog Grows as Market for Wireless Amplifiers Shows Signs of
Life

BURNABY, British Columbia--(BUSINESS WIRE)--April 4, 2003--Unity Wireless Corporation
(OTCBB: UTYW - News; TSX Venture: UWC - News), a provider of power amplifiers to the
wireless industry, is pleased to announce that the Company`s current orders in production are
approximately US$1.2 million.

Unity Wireless reported that a number of
its clients from both North American and
Europe have recently placed about
US$600,000 in new orders for its RF
Power Amplifier products, and about
US$600,000 of the orders are production
backlog coming from clients in the Far
East, particularly China. The majority
comes from an earlier supply contract
received from China`s ZTE Corporation
for RF Power Amplifiers for use in China
Unicom`s CDMA wireless network. This
remaining portion of the ZTE requirement
is being shipped during the first two
weeks of April.

The Company indicated that the ZTE
production release, when coupled with
the recent new orders, has positioned the Company for what is expected to be a strong 2nd
quarter.

Ilan Kenig, President and CEO of Unity Wireless Corporation commented, "Over the last
several quarters Unity Wireless has been taking overt actions to gain a Global sales presence
and to strategically seek strong, potentially long lasting contract relationships with first tier
wireless infrastructure companies, and I am pleased to say that our global selling strategy is
now starting to bear fruit!"

Mr. Kenig explained that, "While I must emphasize that the wireless industry is still slow, the
recent orders activity reflects progress in our clients` projects with various broader field trials.
And, while we are seeing delays in many projects, we have every reason to believe that
essentially all of these projects are moving forward, and we remain confident that Unity will
experience a steady increase in business as we progress through this year."

Mr. Kenig added that, "We are a relatively new provider, with some advanced technology, and
we are starting to be recognized as a quality source of RF Power Amplifiers for the wireless
market. If one were to measure opportunity by the volume of major worldwide projects putting
our amplifiers through `field trials`, one would realize that we have a bright future indeed."

About Unity Wireless Corporation

Unity Wireless is one of the world`s leading developers of Smart Power Amplifier technology.
Our single-carrier and multi-carrier power amplifier products deliver world-class efficiency and
performance with field-proven quality and reliability in thousands of base stations and repeaters
around the world.

This press release contains statements that constitute "forward-looking statements" within the
meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors that may cause
the Company`s actual results to differ materially from the anticipated results expressed or
implied by such forward looking statements. Forward-looking statements in this release include
statements that:

(a) Unity will experience a steady increase in business as we progress through this
fiscal year; and
(b) Unity`s customers will proceed with their proposed projects and proceed with their
projected purchases of Unity`s products.

Factors that could cause actual results to differ materially from anticipated results include risks
and uncertainties such as: general market conditions that may adversely impact revenue
generated by the Company in its current sales markets; the continued slowdown in the
wireless and telecommunication market that could delay expenditures on telecommunications
equipment, including the Company`s products, the ability of the Company to timely deliver
sufficient product, competitive product and a competitively priced product, product development
or other initiatives of the Company`s competitors; the possibility that our potential customers
will defer or delay purchasing decisions due to economic, political or other conditions or will
purchase competitors` products; and other risks and uncertainties detailed in the Company`s
Annual Report on Form 10-KSB and other reports filed with the Securities and Exchange
Commission. The Company disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future events or otherwise.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this
release.

Contact:

Unity Wireless Corporation
James E. Carruthers, 604/267-2716
[e-mail]
www.unitywireless.com
or
Osprey Partners
Mike Mulshine, 732/292-0982
[e-mail]



Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Announces Results for Fiscal 2002
Monday April 7, 8:14 am ET

Company Came Through Major Transition and Redirection

Sees Market Recovery in Progress

BURNABY, British Columbia--(BUSINESS WIRE)--April 7, 2003--Unity Wireless Corporation
(OTCBB:UTYW - News; TSX Venture:UWC - News) a provider of power amplifiers to the
wireless industry, announced financial results for the fiscal year ended December 31, 2002. All
figures are stated in US dollars.

The Company`s Net Sales of RF
amplifiers in fiscal 2002 decreased by
16% to $2,991,971 from $3,554,770 in
2001. In 2002, the Company incurred a
net loss of $2,665,242, as compared to
the fiscal 2001 net loss of $1,979,212,
which included non-cash stock-based
compensation expenses of $655,454
and a gain from discontinued operations
of $267,504. Cost of goods during fiscal
2002 was $2,723,526 representing 91%
of sales, or a gross margin of 9%,
including an inventory write down of
$74,000 for inventory related to
discontinued product lines.

Research and development expenses
for fiscal 2002 increased by 69%, or
$584,856, to $1,427,343, or 48% of Net Sales. The increase in R&D expenses was primarily
due to increased research and development activities and related expenditures resulting from
the larger number of engineering personnel on staff and the increased projects for development
of additional amplifier products during 2002 versus 2001.

General and administrative expenses in fiscal 2002 decreased by 32%, or $597,636, to
$1,246,510 from $1,844,146 in 2001. This significant reduction was primarily the result of better
control of non-essential overhead expenses and reduced stock compensation expense. The
Company anticipates these expenses to decrease further during fiscal 2003 as a result of
further cost control measures that have been implemented.

Ilan Kenig, CEO of Unity Wireless Corporation explained, "To better understand how difficult a
year 2002 really was for Unity Wireless, one must realize that the we lost almost 100% of our
previous business by the end of the first quarter of 2002. The Korean market, representing
about 87% of 2001 revenues, and a North American customer, Repeater Technologies,
representing about 6% of 2001 revenues, had both evaporated. Starting April 1, 2002 we started
to aggressively build a new client base with the goal of developing strong long-term
relationships that could result in contracts to provide 50% to 100% of the amplifiers for any
specific project. We set about developing new amplifiers to meet the specifications of a number
of potentially very large projects, deployed our new amplifiers into field trials and now are
positioned for mass production orders."

Mr. Kenig added that, "One of our new clients, China`s ZTE Corporation, is a first tier systems
integrator that we are now supplying with mass produced amplifiers for the CDMA China
Unicom networks, and we see this program continuing to grow in 2003. We are also now
starting to see purchases from US-based clients that are growing in volume."

"Today Unity Wireless is more diversified geographically and we are no longer under the risks
associated with having a single client holding 85% of our business, as was the case in 2001,"
commented Mr. Kenig. He added that, "As of today our total revenues through Q1 2003, plus
confirmed orders already in production for short term delivery, exceed 50% of all of 2002
revenues, giving us reason to believe that 2003 will be a good year for Unity."

Mr. Kenig then said that, "Unity has gone through a restructuring and has drastically reduced
its overhead, general and administrative and many other expenses. We are very lean, yet still
quite capable of supplying our new and expanding list of clients with world-class amplifier
products. And when the 3G market takes off, we will be positioned to take advantage of that
opportunity."

"In general," added Mr. Kenig, "we anticipate that revenues will increase in 2003 as we make
progress with our focused strategies of achieving higher sales through long-term customer
supply agreements and gaining customer acceptance of our new power amplifier technologies.
We expect that a successful execution of our business strategy will enable us to improve our
margins and move towards profitability in the current year."

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is a leading developer of Smart Power Amplifier technology. Our single-carrier
and multi-carrier power amplifier products deliver world-class efficiency and performance with
field-proven quality and reliability in thousands of base stations and repeaters around the world.

This press release contains statements that constitute "forward-looking statements" within the
meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors that may cause
the Company`s actual results to differ materially from the anticipated results expressed or
implied by such forward looking statements. Forward-looking statements in this release include
statements that:

(a) Unity will experience an increase in sales and revenues in this fiscal year;
(b) Unity will experience increased sales from specific customers like ZTE Corporation
and US based clients;
(c) Unity will secure long-term customer supply agreements;
(d) Unity will further reduce its expenses in this fiscal year;
(e) Unity will obtain customer acceptance of its new power amplifier technologies; and
(f) Unity`s gross margins and profitability will improve.

Factors that could cause actual results to differ materially from anticipated results include risks
and uncertainties such as: general market conditions that may adversely impact revenue
generated by the Company in its current sales markets; the continued slowdown in the
wireless and telecommunication market that could delay expenditures on telecommunications
equipment, including the Company`s products, the ability of the Company to timely deliver
sufficient product, the number of competitors with competitively priced products, product
development or other initiatives of the Company`s competitors; the possibility that our current
and potential customers (including ZTE Corporation) will defer or delay purchasing decisions
due to economic, political or other conditions or will purchase competitors` products; the
Company`s ability to raise sufficient funds to pay aged and current payables when payment is
required; and other risks and uncertainties detailed in the Company`s Annual Report on Form
10-KSB and other reports filed with the Securities and Exchange Commission. The Company
disclaims any intention or obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this
release.

Contact:

Unity Wireless
James E. Carruthers, 604/267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732/292-0982
[e-mail]



Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless to Discontinue Listing on TSX-V
Thursday June 5, 8:04 am ET
The Company Will Voluntarily Discontinue its Listing on the Canadian TSX-V

BURNABY, British Columbia--(BUSINESS WIRE)--June 5, 2003--Unity Wireless Corporation (OTCBB:UTYW - News; TSX VENTURE:UWC - News), a provider of power amplifiers to the wireless industry, today announced that its common stock will be delisted from the TSX Venture Exchange (TSX-V), at the Company`s request, effective on the close of business on Friday, June 6, 2003.

The Company said that although it has maintained the dual listing of its common stock on both the OTC Bulleting Board (OTCBB) and the TSX-V, it believes that the decision to delist from the TSX-V is in the best interest of the Company and its shareholders.

In addition, the Company indicated that since it has received notice from the National Association of Securities Dealers (NASD) of their plans to phase out the OTC Bulletin Board, and replace it with a new, regulated market, the BBX (Bulletin Board Exchange) in January 2004; it is the Company`s plan to apply for listing on this new exchange as soon as the BBX begins accepting listing applications, which is currently scheduled for July 1, 2003. The Company will remain a "reporting issuer" in the Provinces of British Columbia and Alberta.

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is a developer of Smart Power Amplifier technology. Our single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.
Contact:

Unity Wireless
James E. Carruthers, 604/267-2716
[e-mail]
www.unitywireless.com
or
Osprey Partners
Mike Mulshine, 732/292-0982
[e-mail]


Source: Unity Wireless

[Bombenleger]

Unity Wireless Experiences Increased Orders For 3G Products In Europe
Wednesday June 18, 8:07 am ET
The Cougar - 3G-WCDMA Power Amplifier Is Field Proven And Delivers The Best "Size-Power-Price" Ratio On The Market

BURNABY, British Columbia--(BUSINESS WIRE)--June 18, 2003-- Unity Wireless Corporation (OTCBB:UTYW - News), a provider of power amplifiers to the wireless industry, announced today that its has experienced an increase in shipments of its Cougar model power amplifier designed for use in third generation, or 3G, high speed wireless networks and specifically targeting the European 3G UMTS high speed wireless market.

Ilan Kenig, president and CEO of Unity Wireless Corporation commented, "We are pleased to see increased sales in the 3G market in several countries in Europe. This quarter we have shipped many 3G amplifiers targeting the European markets and we are expecting to see further increases in sales in the near future.(i) Our research has shown that no other single channel 3G power amplifier available today can match the size-power-price ratio of our Cougar 3G model power amplifier."

Senior RF Engineers Igor Bolouchaev and Mark Finlay explained that "the Cougar model power amplifier from Unity Wireless is an innovative 12-Watt WCDMA single channel power amplifier designed to meet the challenges presented by today`s sophisticated 3G wireless networks. Each Cougar power amplifier combines a small physical footprint with high performance characteristics usually only found in bigger, more complex and expensive power amplifiers."

Unity Wireless has sold hundreds of the Cougar model power amplifiers, which is a field proven power amplifier solution that has become a reliable and attractive package for European and US-based network vendors and system integrators. This product acceptance is evidenced by repeat orders from customers supplying systems for field trial purposes and for full-scale 3G network rollouts.

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is a developer of Smart Power Amplifier technology. Our single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

This press release contains statements that constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company`s actual results to differ materially from the anticipated results expressed or implied by such forward looking statements. Forward-looking statements in this release are indicated with the symbol "(i)" and include the statement that the Company expects to see further increases in sales in the near future.

Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: general market conditions that may adversely impact revenue generated by the Company in its current sales markets; the continued slowdown in the wireless and telecommunication market that could delay expenditures on telecommunications equipment, including the Company`s products; the ability of the Company to timely deliver sufficient product; the number of competitors with competitively priced products; product development or other initiatives of the Company`s competitors; the possibility that our current and potential customers will defer or delay purchasing decisions due to economic, political or other conditions or will purchase competitors` products; the Company`s ability to raise sufficient funds to pay aged and current payables when payment is required; and other risks and uncertainties detailed in the Company`s Annual Report on Form 10-KSB and other reports filed with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:

Unity Wireless
James E. Carruthers, 604/267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732/292-0982
[e-mail]


Source: Unity Wireless

[Bombenleger]

Unity Wireless Ships Power Amplifiers Worth More Than US$1 Million In First Two Months Of Second Quarter
Friday June 20, 8:02 am ET
Unity Is Seeing Improvements In Margins As Volume Increases With Shift From Field Trials To Production For Network Rollouts

BURNABY, British Columbia--(BUSINESS WIRE)--June 20, 2003-- Unity Wireless Corporation (OTCBB:UTYW - News), a provider of power amplifiers to the wireless industry, is pleased to announce that its has shipped power amplifiers exceeding US$1 million to customers in the first two months of the second quarter.

Ilan Kenig, president and CEO of Unity Wireless Corporation stated that, "Our strategy to position Unity Wireless with more customers across the globe continues with a diversified client base in the United States, Canada, China, India, Europe and Israel. For us, this has meant higher volume orders by each client than earlier sales of samples and prototypes required to pass field trials. These higher production volumes also contribute to an improvement in our gross margins. A trend we hope will continue."

The Company`s effort to diversify its customer base over the last year has resulted in a growing mix of customers in different markets, each requiring different technology. Unity Wireless now offers a broad family of power amplifier solutions for both second and third generation (2G and 3G) CDMA and WCDMA requirements to customers in many distinct geographic markets.

"We are encouraged that several of our customers around the world are now progressing with their projects in the field and placing production orders for higher volumes of our amplifiers," said Raffi Antepyan, senior vice president of Unity Wireless. "It again provides further evidence of our product`s acceptance in the field."

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is a developer of Smart Power Amplifier technology. Our single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.
Contact:

Unity Wireless
James E. Carruthers, 604/267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732/292-0982
[e-mail]


Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless and Israeli Partner Win C$700,000 Toward Technology Development Partnership
Wednesday June 25, 8:05 am ET

BURNABY, British Columbia--(BUSINESS WIRE)--June 25, 2003--Unity Wireless Corporation (OTCBB:UTYW - News), a provider of power amplifiers to the wireless industry, is proud to announce that the Company and an Israeli-based technology partner have been awarded a C$700,000 repayable grant, split equally between the companies, from the Canada-Israel Industrial R&D Foundation (CIIRDF) toward joint development of a fully-integrated digital repeater system.

Ilan Kenig, President and CEO of Unity Wireless Corporation commented, "We are delighted to have been granted this award after a very long and intense due diligence process. Being awarded the grant, we believe, further validates our technology development roadmap and is truly rewarding."

The project will combine the latest innovations in digital signal filtering from Israel with Unity`s next generation of highly efficient Smart Power Amplifiers that utilize digital pre-distortion technology. Combined, these technologies should produce a highly integrated and compact digital repeater system that, initially targeting the US third generation (3G) wireless infrastructure market, is highly anticipated to economically extend wireless network coverage.

"After thoroughly reviewing the application presented by Unity Wireless and their Israeli-based partner, our board has determined that their project has both the technical merit and market relevance which makes this partnership an ideal candidate for the CIIRDF program," stated Henri Rothschild, President of CIIRDF. "We are also pleased to report that Unity Wireless` joint proposal received the highest evaluation score ever achieved by a CIIRDF applicant in the history of the fund."

CIIRDF, an organization with offices in Canada and Israel receives funds from both governments in order to promote technology and business partnerships between the two countries. Projects must pass a rigorous evaluation to ensure they are technically innovative, and the partner companies must demonstrate they have the depth to complete and deliver the products.

The grant awarded under the CIIRDF program is payable upon the completion of certain milestones over the course of the project`s expected development span and repayable by the participating companies as a percentage of sales.

About CIIRDF www.ciirdf.ca

The Canada-Israel Industrial Research and Development Foundation (CIIRDF) was established in 1994 to promote collaborative R&D between firms in both countries. With Israel`s highly sophisticated research base, Israeli companies are ideal R&D partners for Canadian firms. Under the terms of the Memorandum of Understanding on Bilateral Cooperation in Private Sector Industrial Research and Development that created CIIRDF, the governments of Israel and Canada initially contributed $1 million per year for a three-year period. Their commitment was renewed in February 1997 for another three years and again in 2000 for an additional five-year period.

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is one of the world`s leading developers of Smart Power Amplifier technology. Our single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.
Contact:

Unity Wireless
James E. Carruthers, 604/267-2716
[e-mail]
www.unitywireless.com
or
Osprey Partners
Mike Mulshine, 732/292-0982
[e-mail]


Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Provides Second Quarter Update
Tuesday July 15, 8:11 am ET
Expects Q2 2003 Revenues of Between US$1.65 and US$1.7 Million, Anticipates Best Quarterly Results Ever Based on Strong Orders From Customers Worldwide


BURNABY, British Columbia--(BUSINESS WIRE)--July 15, 2003-- Unity Wireless Corporation (OTCBB:UTYW - News), a provider of power amplifiers to the wireless industry, today announced that revenues for the second quarter of 2003 are expected to be in the range of US$1.65 million to US$1.7 million. Management anticipates positive operating income for the quarter.
Ilan Kenig, President and CEO of Unity Wireless Corporation commented, "We exceeded our own estimates for the quarter by focusing on both technology and customer diversification. We anticipate that our business will continue to improve in the near term."

Revenues for the second quarter 2003 increased approximately 360% over revenues in the first quarter of 2003 and increased by more than approximately 480% over second quarter 2002 revenues. The Company`s previous quarterly sales record was US$1,482,494 reported in the first quarter 2002.

During the quarter the Company shipped its power amplifier products to nine customers in the United States, China, Europe, Canada and Israel for use in second generation (2G), 2.5G and third generation (3G) wireless networks. Shipments to customers in the United States led the way at approximately 50% of revenues, while the Company`s customers in China represented over 30% of sales in the second quarter with approximately 20% of revenues coming from the balance of the Company`s markets. The Company shipped six different models of its power amplifiers during the quarter.

The Company expects to publish final results for the second quarter on or before August 14, 2003.

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is one of the world`s leading developers of Smart Power Amplifier technology. Our single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Forward-looking statements are based on the company`s current expectations and are subject to market and competitive factors and the other risks and uncertainties indicated from time to time in the company`s filings with the Securities and Exchange Commission. Actual results can differ materially. The company makes no commitment to disclose any revisions to forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604/267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732/292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Welcomes Industry Veterans Myer Bentob & Jeff Joseph
Tuesday August 12, 8:08 am ET
Unity Wireless Gains Tremendous Industry Experience with the Appointments of Myer Bentob as Executive Vice Chairman and Jeff Joseph as System Sales Manager


BURNABY, British Columbia--(BUSINESS WIRE)--Aug. 12, 2003-- Unity Wireless Corporation (OTCBB:UTYW - News), a provider of power amplifiers to the wireless industry, today announced that wireless industry veterans Myer Bentob and Jeff Joseph have joined the Company bringing a combined 50 years of relevant industry experience to the Company`s board of directors and management team. Mr. Bentob joins the board as Executive Vice Chairman and Mr. Joseph takes the position of System Sales Manager.
Ilan Kenig, President and CEO of Unity Wireless Corporation, commented, "I believe we are truly fortunate that Myer and Jeff have agreed to join our Company. As we are attracting new customers and evaluating new opportunities, the experience that Myer and Jeff bring to our company is immense and well timed. They have a terrific understanding of the technology and market landscape and I believe they can accelerate Unity`s rise to a meaningful market share in our industry."

Myer Bentob has many significant accomplishments to his credit, earned throughout his 35+ year career in the wireless telecommunications industry. After founding Mitec Telecom in the mid 1970s, Myer spent the following 28 years nurturing and growing Mitec from its humble beginnings as a one-man operation, to a world-class global business with annual revenues in excess of C$100 million. Prior to founding Mitec, he was for varying periods -- the Director of Engineering and Marketing at Andrew`s Canadian Operations, a system engineer at Canadian Marconi, and a research engineer at Marconi Research Labs UK.

"I am delighted to be joining Ilan and his team at Unity Wireless and I am excited about the prospects they currently have with significant global players in the wireless industry. After closely evaluating Unity`s technology, product line, supply agreements and current customer prospects, I firmly believe they have a significant technological edge in their marketplace and I am looking forward to exploiting that edge and seeing Unity through its next stage of growth through my active participation on the board," commented Mr. Bentob. "I believe that I can make a real contribution to Unity at this time and I look forward to furthering its success in the wireless industry"

Jeff Joseph`s career in the wireless industry spans nearly 20 years and most recently he was Director of North American Sales and Marketing for Mitec Telecom. During his 14 years with Mitec, Jeff was responsible for many of the company`s growth initiatives. In recent years, Jeff was responsible for driving Mitec`s North American sales from C$43 million to C$65 million, including the negotiation and delivery of Development and Supply agreements with Nokia, Ericsson, and Nortel. Jeff`s particular strengths lie in the development of strong relationships with major accounts and managing research and development assets to reflect the needs of customers.

About Unity Wireless Corporation

Unity Wireless is one of the world`s leading developers of Smart Power Amplifier technology. Our single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world. For more information, please visit us online: www.unitywireless.com .

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Forward-looking statements are based on the company`s current expectations and are subject to market and competitive factors and the other risks and uncertainties indicated from time to time in the company`s filings with the Securities and Exchange Commission. Actual results can differ materially. The company makes no commitment to disclose any revisions to forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[GoldHändchen]

Endlich mal wieder Hammerzahlen von Unity so muß es weiterlaufen....... (macht Lust auf mehr!)


Unity Wireless Announces Second Quarter 2003 Results
Friday August 15, 9:40 am ET
Sales Up 521% to US$1,701,021 over Second Quarter 2002
Gross Margins hit 42%; Net Earnings of $205,570 or $0.006 per share


BURNABY, British Columbia--(BUSINESS WIRE)--Aug. 15, 2003-- Unity Wireless Corporation (OTCBB: UTYW - News), a provider of power amplifiers to the wireless industry, today announced results for the second quarter ended June 30, 2003.
Net sales in the quarter increased by 521% or $1,427,265, to $1,701,021 from $273,756 in the second quarter of 2002 and increased 390%, or $1,354,154, sequentially over first quarter 2003 sales of $346,867. Net earnings for the second quarter were $205,570, or $0.006 per share compared to a net loss of $1,382,045, or $0.043 per share, in the second quarter of 2002 and a loss of $421,354, or $0.01 per share, in the first quarter 2003.

Cost of goods sold during the second quarter of 2003 were $989,425 leaving a gross margin of $711,596, or 42% of net sales, representing an increase from a negative gross margin of 173,639 or (63)% of net sales for the second quarter of 2002.

Other Highlights include:

Increased sales to customers in multiple market areas including: Canada, the United States, Europe and Asia
Record production-quality sales to China`s ZTE Corporation for use in China Unicom`s CDMA wireless network
Increased shipments of third generation, or 3G, Cougar model power amplifiers specifically targeting the European 3G UMTS high speed wireless market
C$350,000 loan awarded from the Canada-Israel Industrial R&D Foundation (CIIRDF) toward development of a fully-integrated digital repeater system
Ilan Kenig, Unity Wireless Corporation`s President and Chief Executive Officer, commented, "We are proud that we achieved record revenues in this quarter although we do recognize that our revenues may continue to fluctuate as sales and product development cycles mature in the future."

"Positive changes reflected in our quarterly performance on a year-over-year and quarter-over-quarter basis are directly attributable to our refocused sales strategy as well as our expense reduction and personnel restructuring efforts," added Dallas Pretty, Unity`s Director of Finance.

Complete results for the second quarter ended June 30, 2003 are contained in the Company`s report on Form 10Q-SB for the second quarter. This report may be accessed at the Securities and Exchange Commission`s website at www.sec.gov or at our website at www.unitywireless.com

[Bombenleger]

Unity Wireless Finalist in Deloitte & Touche`s Canadian Technology Fast 50
Thursday August 21, 8:09 am ET
Rankings Due Out October 1 for Prestigious Annual Award Honoring the 50 Fastest Growing Technology Companies in Canada


BURNABY, British Columbia--(BUSINESS WIRE)--Aug. 21, 2003-- Unity Wireless Corporation (OTCBB: UTYW - News), a provider of power amplifiers to the wireless telecommunications industry, announced that it has been named to the 2003 Deloitte & Touche Canadian Technology Fast 50 program, a ranking of the 50 fastest growing technology companies in Canada. Rankings are based on the percentage of growth in fiscal revenues from 1998-2002.
Ilan Kenig, President and CEO of Unity Wireless commented, "We are extremely honored to be ranked among some of the fastest growing technology companies in Canada. Being named to the Canadian Fast 50 list is truly a testament to the dedication and commitment of each of Unity`s stakeholders that have all played their own part in helping us to achieve this award."

The Deloitte & Touche Canadian Technology Fast 50, now in its sixth year, is a prestigious annual award honoring the 50 fastest growing Canadian technology companies and the only award specifically for technology companies in Canada. Winners of this award vary from size to sector; they include large and small, public and private companies, from all technology industry segments including software, hardware, communications, wireless, and life sciences.

"To succeed during prosperous times is one thing; to succeed in adversity is much more challenging, and that`s exactly what the Deloitte & Touche Canadian Technology Fast 50 winners have done," said Garry Foster, National Director, Technology, Media & Telecommunications, Deloitte & Touche. "We applaud Unity Wireless for its tremendous accomplishments during economically challenging times and for being one of the elite Fast 50 companies in Canada."

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is one of the world`s leading developers of Smart Power Amplifier technology. Our single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

About Deloitte & Touche

Deloitte & Touche (www.deloitte.ca) is Canada`s leading professional services firm, providing a full range of assurance and advisory, financial advisory, tax and consulting services through more than 6,600 people in more than 46 locations across the country. We are dedicated to helping our clients and our people excel. Deloitte & Touche is part of Deloitte Touche Tohmatsu, a global leader in professional services with more than 119,000 people in over 140 countries.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Forward-looking statements are based on the company`s current expectations and are subject to market and competitive factors and the other risks and uncertainties indicated from time to time in the company`s filings with the Securities and Exchange Commission. Actual results can differ materially. The company makes no commitment to disclose any revisions to forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
www.unitywireless.com
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Announces the Release of its New Efficiency Enhanced Power Amplifier
Tuesday November 11, 8:09 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--Nov. 11, 2003--Unity Wireless Corporation (OTCBB:UTYW - News), a developer of fully integrated RF subsystems and power amplifiers, is pleased to announce that it has completed a significant milestone in the development of its Smart Power Amplifier having achieved a significant increase in operating efficiency.
Ilan Kenig, President and CEO of Unity Wireless Corporation commented, "We believe that base stations and repeaters utilizing Unity`s efficiency enhanced power amplifiers can reduce the operating expense of wireless service providers as their transmission infrastructure would require less power to achieve the same levels of performance. Helping our customers save energy is beneficial for them and the environment as well."

"We have been able to accomplish a major improvement in efficiency. In order to achieve any given output power we will need only half of the power transistors required to achieve the same performance," stated Senior Vice President & CTO Raffi Antepyan. "We feel that this is a major milestone in our corporate history and expect that it will have a great impact in the industry."

"Currently, a selected group of tier one and tier two wireless network system vendors are awaiting these new power amplifiers for their internal evaluation," added Jeff Joseph, Unity`s Senior Systems Sales Manager. "This is extremely positive from a marketing perspective as efficiency equals savings and reliability in the eyes of our customers. We feel that we now have a product of sufficient calibre that will be very attractive to today`s leading wireless network vendors."

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading developer of fully integrated RF subsystems and Smart Power Amplifier technology. Our single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Forward-looking statements are based on the company`s current expectations and are subject to market and competitive factors and the other risks and uncertainties indicated from time to time in the company`s filings with the Securities and Exchange Commission. Actual results can differ materially. The company makes no commitment to disclose any revisions to forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Announces Results for the Third Quarter Ended September 30, 2003 and Provides an Overview of the Company`s Current Business
Thursday November 13, 8:42 pm ET


BURNABY, British Columbia--(BUSINESS WIRE)--Nov. 13, 2003--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of fully integrated RF subsystems and power amplifiers, announced results for its third quarter and nine months ended September 30, 2003, as reported in the Company`s Form 10Q-SB filed today with the Securities and Exchange Commission. The Company also provided an overview of its current business.
ADVERTISEMENT


RESULTS FOR THE THIRD QUARTER AND NINE MONTHS ENDED SEPTEMBER 30, 2003

Net sales for the nine months ended September 30, 2003 remained relatively constant at $2.156 million from $2.157 million for the nine months ended September 30, 2002. However, third quarter sales decreased by $292 thousand from the third quarter of last year and $1.59 million from the prior quarter. These decreases are primarily a factor of the slowness in the realization of projects from the Company`s customer base.

Despite sales remaining relatively constant, costs of sales, net of stock-based compensation and write-down of $190,616 in inventory, decreased by 20% or $369 thousand, resulting in a gross margin of 32% for the nine months ended September 30, 2003 compared to 15% for the nine months ended September 30, 2002. The decrease in cost of sales and increase in gross margin were primarily a factor of cost control measures that reduced material costs, wages and benefits, sub-contract labor and testing equipment costs.

Total operating expenses for the nine months ended September 30, 2003, net of stock-based compensation, were $1.69 million, a 41% decrease from $2.84 million for the nine months ended September 30, 2002. Contributing to the decline, net of stock-based compensation, sales and marketing, decreased by 59% or $240 thousand, and general and administrative expenses, excluding facility and corporate expenses, decreased by 61% or $399 thousand. The decrease relates primarily to ongoing efforts to control operating costs, while ensuring adequate investment is made to support business growth.

Net loss for the nine months ended September 30, 2003, net of stock-based compensation, was $1.14 million, a 53% decrease from $2.44 million for the nine months ended September 30, 2002.

Overall, our results show that while sales for the nine-month periods remained relatively constant our ongoing efforts to control costs has improved our gross margins from 18% to 32% and reduced our net loss for the period by 53% or $1.3 million.

Complete results for the third quarter ended September 30, 2003 as reported on Form 10Q-SB are available on the SEC`s EDGAR database at www.sec.gov.

CURRENT BUSINESS OVERVIEW

A significant milestone recently achieved was the release of the Company`s first efficiency enhanced power amplifiers developed under its Smart Power Amplifier program. Initial results demonstrate that base stations and repeaters utilizing Unity`s efficiency enhanced power amplifiers could reduce the operating expense of wireless service providers as their transmission infrastructure would require less power to achieve the same levels of performance. Currently, a selected group of tier 1 and tier 2 wireless network system vendors are awaiting these new power amplifiers for their internal evaluation.

Unity Wireless is also proud to announce the receipt of a purchase order and development project from a new tier 1 customer for an integrated RF power amplifier and subsystem. While the relationship is still relatively new, to date Unity Wireless has met or exceeded this customer`s development requirements and management anticipates production orders in fiscal 2004.

In addition to the milestones mentioned above, management has also identified significant market opportunities that involve expanding the Company`s current product line to include more integrated RF products. These products would combine the latest power amplifier technology with additional RF components in fully integrated RF subsystems. "In my experience, tier 1 and tier 2 wireless network vendors and OEM`s are more approachable with a fully integrated solution," commented Myer Bentob, Unity`s Executive Vice Chairman. "We feel that many significant opportunities are now before us that we can provide both technology and development cycles that can attract and retain business from tier 1 and tier 2 customers."

Ilan Kenig, Unity`s President and CEO stated, "As we have often reported, we believe that we have set Unity upon a course for a promising future. We have taken steps this year to enhance our products, to expand our list of customers and industry partners, and to reduce expenses, all in an effort to put our Company in position to benefit from an anticipated turnaround in the wireless infrastructure industry. However, any significant increase in revenue remains entirely dependant on increased capital spending by wireless network operators."

"I can assure our investors that many challenges still lie ahead. We must work hard to stabilize our revenues and strengthen both our balance sheet and working capital positions in order that we may better capitalize on both present and future opportunities," continued Kenig. "Notwithstanding these challenges, in my two years here at Unity Wireless, I have never been more confident that we can overcome any challenge presented, and are on the right path to take a significant role in the wireless industry."

About Unity Wireless (www.unitywireless.com)

Unity Wireless is a leading developer of fully integrated RF subsystems and Smart Power Amplifier technology. Our single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Forward-looking statements are based on the company`s current expectations and are subject to market and competitive factors and the other risks and uncertainties indicated from time to time in the company`s filings with the Securities and Exchange Commission. Actual results can differ materially. The company makes no commitment to disclose any revisions to forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless Corporation
James E. Carruthers, 604-267-2716
Email: [e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
Email: [e-mail]
Website: www.unitywireless.com



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Signs Development Agreement with North American Tier-One Customer
Tuesday January 6, 9:20 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--Jan. 6, 2004--Unity Wireless Corporation (OTCBB:UTYW - News), a developer of fully integrated wireless subsystems and power amplifiers, today announced that it has signed an agreement with a North American tier-one customer to develop and manufacture fully-integrated wireless subsystems for base stations applications. The units to be developed and manufactured will be used for the customer`s internal evaluation and product certification.
This agreement follows the Company`s success in meeting this customer`s qualification standards in `proof-of-concept` subsystems delivered in September and October.

Ilan Kenig, President and CEO of Unity Wireless Corporation commented, "Our relationships with customers such as the one mentioned in this release and our tier-one customer in China, we think demonstrate that we can provide a completely integrated solution for both medium and larger sized customers. We believe that successful relationships with our larger customers will lead to increased production volumes and increased and more predictable revenues."

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading developer of fully integrated wireless sub-systems and Smart Power Amplifier technology. The Company`s single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Forward-looking statements are based on the company`s current expectations and are subject to market and competitive factors and the other risks and uncertainties indicated from time to time in the company`s filings with the Securities and Exchange Commission. Actual results can differ materially. The company makes no commitment to disclose any revisions to forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless Corporation
James E. Carruthers, 604-267-2716
Email: [e-mail]
or
Osprey Partners
Michael A. Mulshine, 732-292-0982
Email: [e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Begins 2004 with Orders Exceeding US$1 Million
Thursday January 15, 8:02 am ET
Company Expects 2004 to Be a Year of Growth, as the Wireless Sector Shows Signs of Life


BURNABY, British Columbia--(BUSINESS WIRE)--Jan. 15, 2004-- Unity Wireless Corporation (OTCBB:UTYW - News), a developer of power amplifiers and fully integrated wireless subsystems, today announced a backlog of more than US $1 million in purchase orders for delivery during the first quarter of 2004.
Ilan Kenig, President and CEO of Unity Wireless Corporation, commented, "We are pleased that several orders delayed in the third and fourth quarters of 2003 are being released for development and production, and that we are also receiving new orders that we expected to receive in January. We think that these early results reflect a general increase of activity in the wireless sector, and that they suggest positive results in 2004 for our Company."

The Company`s order backlog consists of power amplifiers and of newly designed integrated wireless subsystems. The backlog includes:

A production order for several hundred power amplifiers from an OEM (Original Equipment Manufacturer) vendor of fixed wireless networks that is an existing customer. This product was developed, evaluated and certified by this customer in 2002. Management anticipates additional production orders from this customer in 2004.
The Company mentioned in its announcement on January 6 2004, that it has developed a new integrated wireless subsystem for a new North American tier-one customer. In the first quarter of 2004, the Company expects to deliver a number of pre-production units to this customer for evaluation and certification. If the evaluation is favorable and the Company`s product is certified, management expects that significant demand for this product could materialize should the customer successfully market and sell the complete product to its customers.
In the first quarter of 2004, the Company also expects to deliver a number of pre-production power amplifier units for evaluation and certification by two new customers. Both customers are OEM vendors of wireless network equipment. One is based in Europe while the other is headquartered in North America. If the evaluations are favorable and the Company`s products receive certification, the Company may receive production orders from either or both of these customers this year.
While current orders can be easily fulfilled by existing manufacturing resources, the Company is negotiating with established ISO certified Contract Electronics Manufactures (CEMs) on terms that will allow the Company to increase its production capacity.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading developer of fully integrated wireless subsystems and Smart Power Amplifier technology. The Company`s single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Forward-looking statements are based on the company`s current expectations and are subject to market and competitive factors and the other risks and uncertainties indicated from time to time in the company`s filings with the Securities and Exchange Commission. Actual results can differ materially. The company makes no commitment to disclose any revisions to forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless Corporation
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Announces Appointments to New Sales Roles
Tuesday February 24, 8:02 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--Feb. 24, 2004--Unity Wireless Corporation (OTCBB:UTYW - News; Germany:WKN#924385), a developer of integrated wireless subsystems and power amplifiers, today announced that Jeff Joseph has assumed the newly created role of "Director of Sales - Eastern Americas and Europe," and that Rick Byrd has assumed the newly created role of "Director of Sales - Western Americas, Asia and the Middle East." Mr. Joseph previously served as the Company`s Senior Systems Sales Manager and Mr. Byrd previously served as the Company`s Vice President - Business Development.
Ilan Kenig, President and CEO of Unity Wireless stated, "Both Jeff and Rick have shown leadership and effectiveness in seeing to it that that our customers receive high levels of service. The new positions were created to facilitate our response to increasing numbers of inquiries from customers and potential customers, as well as our interaction with customers throughout the sales cycle."

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading developer of integrated wireless subsystems and Power Amplifier technology. The Company`s single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Forward-looking statements are based on the company`s current expectations and are subject to market and competitive factors and the other risks and uncertainties indicated from time to time in the company`s filings with the Securities and Exchange Commission. Actual results can differ materially. The company makes no commitment to disclose any revisions to forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Signs Supply Agreement With China`s ZTE Corporation
Wednesday February 25, 8:50 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--Feb. 25, 2004--Unity Wireless Corporation (OTCBB:UTYW - News; Germany:WKN#924385), a developer of integrated wireless subsystems and power amplifiers, today announced an agreement with China`s ZTE Corporation to supply power amplifiers for one of ZTE`s CDMA base station models.
Unity Wireless has received ZTE`s first order released under the supply agreement for approximately US$780,000. Based on current production forecasts, revenues to Unity under the agreement in 2004 could total approximately US$3.0 million.

Rick Byrd, Director of Sales - Western Americas, Asia and the Middle East commented, "This supply agreement is significant for Unity Wireless as it follows a production order for this product that Unity delivered to ZTE in 2003. We look forward to expanding our relationship with ZTE, and will service them locally through our customer support office in Shenzhen, China."

ZTE signed the agreement with Unity Wireless based on certain metrics achieved by the Company, including competitive pricing, product reliability, volume production capacity and flexible delivery schedules. Meeting these metrics was achieved through production cost reductions, while maintaining flexible operations and supply chain management processes.

The contract announcement was made in Shenzhen, China where Unity`s President and CEO Ilan Kenig was present to confirm Unity`s commitment to expand its presence in the region. "China is a strategically important market for us and this supply agreement comes at a time when we are committed to further investment in the region," said Mr. Kenig.

ZTE Corporation is a globally operating telecommunications equipment manufacturer and network solution provider. Listed on the Shenzhen Stock Exchange in 1997, the company initially specialized in providing customized network solutions for telecom carriers worldwide. Today, ZTE develops and manufactures telecommunications equipment for fixed, mobile, data and optical networks, intelligent networks and next generation networks, as well as mobile handsets. Based in Shenzhen, China, ZTE Corporation comprises 13 institutes and 13 holding companies in all parts of the world, employing around 13,000 people. In the financial year 2002, the company generated revenue worth US$1.33 billion.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading developer of integrated wireless subsystems and Power Amplifier technology. The Company`s single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Forward-looking statements are based on the company`s current expectations and are subject to market and competitive factors and the other risks and uncertainties indicated from time to time in the company`s filings with the Securities and Exchange Commission. Actual results can differ materially. The company makes no commitment to disclose any revisions to forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless Corporation
James E. Carruthers, 604-267-2716
Email: [e-mail]
Website: www.unitywireless.com
or
Osprey Partners
Mike Mulshine, 732-292-0982
Email: [e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Signs Manufacturing Agreement
Tuesday March 2, 8:01 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--March 2, 2004--Unity Wireless Corporation (OTCBB:UTYW - News; Germany:WKN#924385), a developer of integrated wireless subsystems and power amplifiers, today announced that it has signed a manufacturing agreement with APEX-Micro Manufacturing Corporation of Delta, British Columbia. Under the agreement, Apex-Micro will manufacture electronic assemblies locally for final testing and assembly by Unity Wireless.
APEX-Micro has been engaged in sophisticated contract manufacturing for more than 30 years. Its facility is certified to ISO 9001 - 2000 quality standards for all operations from component management through engineering and process control.

Unity`s local outsourcing capability with APEX-Micro will enable the Company to produce greater volumes and increase its flexibility in planning for customer production orders. It will also allow Unity`s engineering and operations groups to continue their focus on new product development and technology innovation.

Ilan Kenig, President and CEO of Unity Wireless, commented, "This agreement should give us the flexibility in our production planning and capacity that we need to meet our current production forecasts."

Negotiations are also underway with a global contract electronics manufacturing company for an agreement that will give Unity Wireless the capability to produce and deliver its products near its customers wherever they are located worldwide.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading developer of integrated wireless subsystems and Power Amplifier technology. The Company`s single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Forward-looking statements are based on the company`s current expectations and are subject to market and competitive factors and the other risks and uncertainties indicated from time to time in the company`s filings with the Securities and Exchange Commission. Actual results can differ materially. The company makes no commitment to disclose any revisions to forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Announces New Director of Engineering and Director of Global Supply and Quality Assurance
Tuesday March 16, 8:30 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--March 16, 2004--Unity Wireless Corporation (OTCBB: UTYW - News; Germany: WKN#924385), a developer of wireless subsystems and power amplifiers, today announced the promotions of Mark Finlay to the position of Director of Engineering and Shimon Yaffe to the position of Director of Global Supply and Quality Assurance.
Mark Finlay joined Unity Wireless in 2002 as a Senior RF Engineer, and was later appointed Engineering Group Leader. Before joining Unity Wireless, Mark had over 14 years of experience in roles ranging from RF research and design to the management and implementation of wireless infrastructure products for international clientele. He holds a Bachelor of Applied Science from the University of British Columbia.

"I look forward to the additional responsibilities in our management team and to seeing to it that our customers get the most possible support from our engineering group," said Mr. Finlay. "We are expanding our engineering team as part of this process."

Shimon Yaffe has most recently been responsible for Unity`s partnerships with service providers, component suppliers and contract manufacturers helping to build a solid foundation for the Company`s quality assurance initiatives. Since receiving his degree in Industrial Management Engineering from Israel`s Institute of Technology (Technion) in 1987, Mr. Yaffe has held prior positions within the technology industry from production supervisor through to production manager and chief operating officer roles.

Mr. Yaffe noted, "We are experiencing greater recognition in the marketplace with tier-one customers around the world and will work hard to continue to produce and deliver quality products that consistently meet and exceed our customer`s expectations."

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading developer of integrated wireless subsystems and Smart Power Amplifier technology. The Company`s single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Forward-looking statements are based on the company`s current expectations and are subject to market and competitive factors and the other risks and uncertainties indicated from time to time in the company`s filings with the Securities and Exchange Commission. Actual results can differ materially. The company makes no commitment to disclose any revisions to forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless Corporation
James E. Carruthers, 604-267-2716
Email: [e-mail]
Website: www.unitywireless.com
or
Osprey Partners
Mike Mulshine, 732-292-0982
Email: [e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Introduces New Line of Integrated RF Subsystems
Wednesday March 17, 8:00 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--March 17, 2004--Unity Wireless Corporation (OTCBB:UTYW - News; Germany:WKN#924385), a developer of wireless subsystems and power amplifiers, is pleased to introduce its new line of integrated wireless RF (radio frequency) subsystem products designed for base station applications.
Unity`s new line of products take separate hardware and software components that constitute a typical three-sector RF front-end and combine them into a highly integrated system that is both smaller in size and more cost effective. One of these new products will be utilized in a live QUALCOMM (Nasdaq:QCOM - News) product demonstration in their booth #3931 at the CTIA Wireless 2004 exhibition and trade show that will take place in Atlanta, GA March 22-24.

CTIA WIRELESS 2004 is the largest, most comprehensive show in the wireless industry and the premier venue to exchange ideas, create partnerships and collaborate to bring wireless telecommunications to new heights. This global event draws attendees from dozens of different industries in more than 80 countries around the world, serving every aspect of wireless -- providers, users, developers, buyers and manufacturers.

Representatives from Unity Wireless will be available throughout the three-day event at the Canada West Telecom Group booth #4568. For more information about the CTIA Wireless 2004 show, visit www.ctiawireless2004.com.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading developer of integrated wireless subsystems and Smart Power Amplifier technology. The Company`s single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.



--------------------------------------------------------------------------------
Contact:
Unity Wireless Corporation
James E. Carruthers, 604-267-2716
[e-mail]
www.unitywireless.com
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Announces Appointments of Myer Bentob to Executive Chairman and Dallas Pretty to CFO
Wednesday March 24, 7:00 am ET
WKN 924385


BURNABY, British Columbia--(BUSINESS WIRE)--March 24, 2004-- Unity Wireless Corporation (OTCBB: UTYW - News; Germany: WKN#924385), a developer of integrated wireless subsystems and power amplifiers, announced today the appointment of Myer Bentob to the position of Executive Chairman and that he will assume the responsibilities of Chairman Mark Godsy who is stepping down from the board of directors. In addition, Dallas Pretty has been appointed the Company`s Chief Financial Officer.
"I am pleased to serve as Executive Chairman of Unity Wireless and am enthusiastic about what the future can hold for our Company," said Myer Bentob. "We continue to strengthen our foundation as an organization and are well positioned to attract new opportunities and customers."

Myer Bentob joined Unity Wireless in August 2003 as Executive Vice Chairman and brings tremendous experience earned throughout his 35+year career in the wireless telecommunications industry to his expanded role within the Company.

Founder, former CEO and Chairman of Unity Wireless Mark Godsy is stepping down from the Company`s board of directors. "I am delighted that Myer is joining the Company as its Executive Chairman," stated Mark Godsy. "I think Myer`s appointment represents a great testament to the quality and commitment of the team at Unity Wireless. I wish to personally thank the many individuals who over the years have helped create the Company`s very promising future."

Director Ken Maddison commented, "On behalf of the board and executive management team at Unity Wireless, we would like to sincerely thank Mark for his many years of service to our Company. He has always been a strong proponent of shareholder interests and in seeing our Company grow into something to be proud of. We wish him the very best."

At the same time, the board also announced the appointment of Dallas Pretty to the position of Chief Financial Officer. Mr. Pretty is a Chartered Accountant with over 10 years of experience in both public and private companies and brings a strong understanding of strategic business development, public and private financing, internal and external financial reporting, human resources, and facilities management. Since earning his CA designation at international accounting firm KPMG, he has worked in senior management roles with local technology companies.

"Working as an advisor and consultant to Unity Wireless for the last year has given me a good understanding of its business process, prospects and challenges," said Mr. Pretty. "I am looking forward to working closely with Ilan Kenig and the rest of the team to capitalize on what looks to be a bright future."

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading developer of integrated wireless subsystems and power amplifier technology. The Company`s single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Forward-looking statements are based on the company`s current expectations and are subject to market and competitive factors and the other risks and uncertainties indicated from time to time in the company`s filings with the Securities and Exchange Commission. Actual results can differ materially. The company makes no commitment to disclose any revisions to forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless Corporation
James E. Carruthers, 604-267-2716
Email: [e-mail]
Website: www.unitywireless.com
or
Osprey Partners
Mike Mulshine, 732-292-0982
Email: [e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Reviews the CTIA Wireless 2004 Show
Monday March 29, 11:14 am ET


BURNABY, BRITISH COLUMBIA--(CCNMatthews - Mar 29, 2004) - Unity Wireless Corporation (OTCBB: UTYW; Germany: WKN#924385), a developer of integrated wireless subsystems and power amplifiers, announced that it was pleased with the quality and quantity of business activities and anticipated results from the CTIA Wireless 2004 Exhibition and Trade Show, in Atlanta, Georgia this past week.
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Ilan Kenig, President and CEO of Unity Wireless, commented, "We are impressed with the level of acceptance that our Company and its products received at the CTIA Wireless 2004 show. I am confident that this show will prove positive in both the near and long-term in developing and expanding relationships with customers and potential customers."

At the show, QUALCOMM demonstrated a reference design for a new IP-based, compact, modular CDMA base station system which utilized one of Unity`s integrated 3-sector RF front-end products. QUALCOMM announced it is making this reference design base station available to selected licensees. Unity Wireless is also offering the integrated RF front-end component directly to its customers.

The Company believes that several new projects for an international group of customers should result shortly from the highly productive environment at the show. Other new relationships forged at the show should produce purchase orders for product development within the next few weeks.

"We are encouraged by both the caliber and number of new project and partnership opportunities now available to our Company," added Mr. Kenig.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading developer of integrated wireless subsystems and power amplifier technology. The Company`s single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Forward-looking statements are based on the company`s current expectations and are subject to market and competitive factors and the other risks and uncertainties indicated from time to time in the company`s filings with the Securities and Exchange Commission. Actual results can differ materially. The company makes no commitment to disclose any revisions to forward-looking statements.


--------------------------------------------------------------------------------
Contact:

Unity Wireless
James E. Carruthers
Phone: [phone]
Email: [e-mail]
or
Osprey Partners
Mike Mulshine
Phone: [phone]
Email: [e-mail]
Website: www.unitywireless.com



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Reports Results for the Fourth Quarter and Fiscal Year Ended December 31, 2003
Tuesday March 30, 10:41 am ET


BURNABY, BRITISH COLUMBIA--(BUSINESS WIRE)--March 30, 2004--Unity Wireless Corporation (OTCBB:UTYW - News; Germany: WKN#924385), a developer of integrated wireless subsystems and power amplifiers, announced summary financial results for the fourth quarter and fiscal year ended December 31, 2003.
Net sales for the quarter ended December 31, 2003 were $218,650, down 74% from $835,205 for the same period in 2002. Cost of goods sold for the period decreased 45% to $383,900, including a $191,414 write-down of inventory, from $698,283 in 2002. Net loss for the period increased 194% to $1,728,846 from $587,459 in 2002 due mostly to the above noted inventory write down and a charge of $1,098,685 related to accretion of interest and debt settlements.

The Company`s net sales for the year ended December 31, 2003 were $2,375,128, down 21% from $2,991,971 in 2002. Cost of goods sold in 2003 decreased 19% to $2,035,334 from $2,497,496 in 2002. Net loss in 2003 increased 12% to $3,007,950, or $0.07 per share, from $2,664,841, or $0.08 per share, in 2002.

The decrease in sales for the year was largely due to postponements in customer purchase decisions in the third and fourth quarters of 2003 to early 2004. Net of a $382,039 write-down of inventory, cost of goods sold for 2003 decreased 34% primarily as a result of various efficiencies introduced in the period providing for an effective gross margin of 30%. Contributing to the increase in net loss was also a one-time non-cash adjustment of $1,254,199 due to the accretion of interest and debt settlements.

Ilan Kenig, President and CEO of Unity Wireless commented, "While our 2003 results were not up to our expectations, we are very pleased with the level of revenue and orders already in-hand this year as they already exceed the full fiscal 2003 year`s revenues. We see 2004 as being the year that Unity Wireless becomes a recognized provider to our industry."

The Company`s Form 10K-SB for 2003 contains additional financial information, and can be accessed at the Company`s website or through the Securities and Exchange Commission`s website at www.sec.gov.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading developer of integrated wireless subsystems and Power Amplifier technology. The Company`s single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Forward-looking statements are based on the company`s current expectations and are subject to market and competitive factors and the other risks and uncertainties indicated from time to time in the company`s filings with the Securities and Exchange Commission. Actual results can differ materially. The company makes no commitment to disclose any revisions to forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
Email: [e-mail]
Website: www.unitywireless.com
or
Osprey Partners
Mike Mulshine, 732-292-0982
Email: [e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless

[Bombenleger]

Unity Wireless Announces Changes to Its Board of Directors
Thursday April 15, 8:01 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--April 15, 2004--Unity Wireless Corporation (OTCBB: UTYW - News; Germany: WKN#924385), a developer of integrated wireless subsystems and power amplifiers, announced today that Andrew Chamberlain, the Company`s Corporate Secretary, has been appointed to the board of directors filling the board seat of Casey O`Byrne who recently resigned as director and Vice Chairman.
Joining Unity Wireless in October 2002 as Corporate Secretary, Mr. Chamberlain brings nearly 20 years of legal and corporate administration experience to his position on the board.

Myer Bentob, Executive Chairman of Unity Wireless, commented, "Mr. Chamberlain`s experience with the Company and its board will provide a high degree of continuity with regard to board matters and corporate initiatives."

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading developer of integrated wireless subsystems and Power Amplifier technology. The Company`s single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.



--------------------------------------------------------------------------------
Contact:
Unity Wireless Corporation
James E. Carruthers
[phone]
Email: [e-mail]
OR
Osprey Partners
Mike Mulshine
[phone]
Email: [e-mail]
Website: www.unitywireless.com



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Reports Results for First Quarter 2004
Monday May 17, 10:50 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--May 17, 2004--Unity Wireless Corporation (OTCBB:UTYW - News; Germany:WKN#924385), a provider of integrated wireless subsystems and power amplifiers, announced summary financial results for its first quarter ended March 31, 2004. All amounts are in US dollars.
Net sales for the period ended March 31, 2004 were $760,382, up 119%, or $413,515, from $346,867 for the same period in 2003. Cost of goods sold for the 2004 period increased 36%, or $138,439, to $519,748, from $381,319 in the 2003 period. Loss for the 2004 period increased 57%, or $241,548, to $662,902, or $0.01 per share, from $421,354, or $0.01 per share, in the 2003 period. Loss for the periods include a stock-based compensation expense (recovery) of $294,023 in 2004 versus $(66,083) in 2003.

Current assets increased 94%, or $715,330, to $1,472,836 at March 31, 2004, from $757,506 at December 31, 2003, reflecting increases of $407,248 in accounts receivable and $359,804 in inventory. Current liabilities increased 26% to $1,430,009 at March 31, 2004 from $1,132,985 at December 31, 2003, reflecting increases of $173,441 in accounts payable and $139,871 in short-term borrowings.

After the end of the first quarter, the Company received gross proceeds of $833,871 from the exercise of outstanding warrants.

Dallas Pretty, CFO of Unity Wireless commented, "Although we shipped more than $1 million in product during the first quarter, we did not recognize revenues of $248,640 representing finished goods shipped but still in-transit at the end of the quarter. In the second quarter we have already shipped more than $1 million in product against previously announced orders of $2.1 million and continue to ship production quantities to customers in North America and Asia."

The Company`s Form 10Q-SB for the first quarter ended March 31, 2004 contains additional financial information, and can be accessed at the Company`s website or through the Securities and Exchange Commission`s website at www.sec.gov.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading provider of integrated wireless subsystems and Power Amplifier technology. The Company`s single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Forward-looking statements are based on the company`s current expectations and are subject to market and competitive factors and the other risks and uncertainties indicated from time to time in the company`s filings with the Securities and Exchange Commission. Actual results can differ materially. The company makes no commitment to disclose any revisions to forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless Corporation
James E. Carruthers
[phone]
Email: [e-mail]
Website: www.unitywireless.com
or
Osprey Partners
Mike Mulshine
[phone]
Email: [e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Announces ISO 9001:2000 Quality System Certification
Wednesday June 23, 8:01 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--June 23, 2004--Unity Wireless Corporation (OTCBB:UTYW - News), a developer of integrated wireless subsystems and power amplifiers, announced today that its Quality System has received ISO 9001:2000 certification.
ISO 9001:2000 certification represents an industry-recognized level of quality and service that enables customers to be confident in their decision to partner with Unity Wireless.

The ISO 9001:2000 quality standard places accountability on executive management`s involvement on measurable quality objectives in the Quality System. Additionally, the audit for compliance with the standard examines the extent to which a company`s Quality System contains customer-focused elements, including understanding needs, meeting requirements, keeping customers informed and measuring satisfaction.

"Unity Wireless is committed to providing the highest level of customer satisfaction and quality. Receiving ISO 9001:2000 certification combined with the launch of our recently enhanced MRP (Material Resource Planning) software system demonstrates our focus on meeting customer requirements and on striving to continually improve our products and processes," said Shimon Yaffe, Director of Global Supply and Quality Assurance.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading developer of integrated wireless subsystems and Power Amplifier technology. The Company`s single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Forward-looking statements are based on the company`s current expectations and are subject to market and competitive factors and the other risks and uncertainties indicated from time to time in the company`s filings with the Securities and Exchange Commission. Actual results can differ materially. The company makes no commitment to disclose any revisions to forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless Corporation
James E. Carruthers
[phone]
Email: [e-mail]
Website: www.unitywireless.com
OR
Osprey Partners
Mike Mulshine
[phone]
Email: [e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Press Release Source: Unity Wireless Corporation


Unity Wireless New Product Passes Initial System Qualification Tests with U.S.-Based interWAVE Communications International, Ltd.
Monday July 26, 10:49 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--July 26, 2004--Unity Wireless Corporation (OTCBB:UTYW - News), a developer of integrated wireless subsystems and power amplifiers, announced today that it has introduced a new 20-watt power amplifier designed for use in CDMA 450MHz base stations, and that the new amplifier passed initial system qualification tests by U.S.-based interWAVE Communications International, Ltd. (Nasdaq:IWAV - News).
Rick Byrd, Unity`s Director of Sales, commented, "We are pleased to introduce a product designed for CDMA 450MHz networks and are delighted to be working with interWAVE on their base station requirements. We see significant potential in the CDMA 450MHz market."

CDMA 450MHz networks can be attractive to network operators offering analogue wireless service for rural and lower capacity applications within the 450MHz spectrum. These operators can use CDMA 450MHz networks to upgrade to third generation (3G) digital wireless service without obtaining access to additional spectrum.

"Unity`s 450MHz product passed our initial system qualification tests and could fulfill the power amplifier requirements of our CDMA 450MHz product offering," stated Mr. Lars Lindell, Vice President and General Manager of interWAVE Communications International, Ltd.`s CDMA Group. "We are pleased with the product`s performance to date and are currently evaluating additional products from Unity Wireless."

About interWAVE Communications

interWAVE Communications International, Ltd. is a global provider of compact network solutions and services that offer innovative, cost-effective and scalable networks allowing operators to "reach the unreached." interWAVE solutions provide economical, distributed networks intended to minimize capital expenditures while accelerating customers` revenue generation. These solutions feature a product suite for the rapid and simple deployment of end-to-end compact cellular systems. interWAVE`s portable, mobile cellular networks provide vital and reliable wireless communications capabilities for customers in over 50 countries. The Company`s U.S. subsidiary is headquartered at 2495 Leghorn Street, Mountain View, California, and can be contacted at www.iwv.com or at [phone].

About Unity Wireless, www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated wireless subsystems and Power Amplifier technology. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward-Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Forward-looking statements are based on the company`s current expectations and are subject to market and competitive factors and the other risks and uncertainties indicated from time to time in the company`s filings with the Securities and Exchange Commission. Actual results can differ materially. The company makes no commitment to disclose any revisions to forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless Corporation
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Reports Second Quarter 2004 Results
Friday August 6, 5:07 pm ET
Highest Quarterly Revenues Ever of $2,063,198 Reflect Ramp-up in Sales from China


BURNABY, British Columbia--(BUSINESS WIRE)--Aug. 6, 2004--Unity Wireless Corporation (OTCBB:UTYW - News), a developer of integrated wireless subsystems and power amplifiers, today announced results for its second quarter ended June 30, 2004.
Ilan Kenig, President and CEO of Unity Wireless Corporation, stated, "We have finally begun to realize the revenue potential of our maturing product line that we have developed for an international group of tier-one and tier-two customers. While the second quarter sales point to China as the first market where we are gaining significant growth, production orders in higher volumes are expected from additional customers this year as we continue to establish our position as a credible and reliable supplier of power amplifiers and integrated subsystems in our industry."

Revenues for the three months ended June 30, 2004 were $2,063,198, up $361,177, or 21%, as compared to revenues of $1,701,021 for the same period in 2003. Revenues for the six months ended June 30, 2004 were $2,823,580, up $775,692, or 38%, as compared to revenues of $2,047,888 for the same period in 2003.

Loss in the second quarter of 2004 increased $963,393, to $757,823, as compared to earnings of $205,570 in the second quarter of 2003. Loss in the first half of 2004 increased $1,204,941, to $1,420,725, as compared to a loss of $215,784 in the first half of 2003.

"Losses experienced in the second quarter were largely the result of lower gross margins due to production tooling and various ramp-up, expediting and additional costs associated with initiating volume manufacturing capabilities for a customer in China," commented Dallas Pretty, Unity`s Chief Financial Officer. "While we will continue to experience price and margin pressure in China, we do anticipate that gross margins will improve as products are redesigned for cost savings and as our supply chain management, ramp-up and outsourced manufacturing costs are normalized over the balance of the year."

The Company`s Form 10Q-SB for the second quarter ended June 30, 2004 contains additional financial information, and can be accessed at the Company`s website or through the Securities and Exchange Commission`s website at www.sec.gov.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated wireless subsystems and Power Amplifier technology. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless

[Bombenleger]

Unity Wireless Business Outlook for 2004-2006
Thursday August 12, 7:00 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--Aug. 12, 2004--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of integrated wireless subsystems and power amplifiers, today offered the following update with regard to its current business prospects and its plans for continued growth.
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In the first half of the year the Company exceeded last year`s sales, set an historical quarterly sales record in the second quarter 2004, and current orders total approximately $1.2 million for products deliverable in the third and fourth quarters.

It is important to note how the execution of Unity`s business plan to date has played a key role in the Company`s position today and how they affect the future of Unity Wireless.

2002 - Reorganization

In 2002, Unity Wireless began an aggressive strategy to reorganize its business around the supply of advanced power amplifier and RF (radio frequency) subsystems, being the heart of each wireless base station and repeater, to tier-one and tier-two wireless OEMs (original equipment manufacturers), each with hundreds of millions to billions of dollars in revenue. With that goal in mind, the Company targeted approximately 20 potential customers and set out to develop technology and relationships that would see the Company become a recognized supplier of integrated wireless subsystems and RF power amplifiers, traditionally the most complicated and lucrative components in the wireless network infrastructure.

2003 - Foundation

In 2003 the Company developed and secured advanced power amplifier and RF subsystems technology and personnel, thus creating the foundation to begin the hard and long process of penetrating its target customers. We knew well that once qualified through lab and field trials, the size of the orders could be quite considerable, with the potential of 5`s and 10`s of millions of dollars per year in revenue per product.

2004 - Recognition

Today, we are in the middle of 2004 and our recognition factor is increasing. We now have many projects with 12 recognized players in our marketplace, including such companies as: QUALCOMM Inc., UTStarcom Incorporated, SR Telecom Inc., interWAVE Communications International, Ltd (currently being acquired by Alvarion Ltd.), EMS Wireless (a division of EMS Technologies Inc.), ZTE Corporation, and many more.

While we are not yet able to disclose the names of many of our newer customers for strategic business and competitive reasons, they are well known in our industry.

This current stage of business development is the most demanding and time-consuming as the Company penetrates its target customers. Through this "recognition" year, sales will likely continue to fluctuate due to the cyclical nature of project driven revenues until such time as volume production levels are reached for a number of clients simultaneously. In addition, the Company will incur start-up and one-time costs as it facilitates manufacturing agreements to provide the depth of volume manufacturing capability large volume contracts are likely to require.

Having recently met ISO 9001:2000 quality certification also lends further credibility to our procedures and systems. Unity Wireless is now positioned to supply products in volume capacity and at manufacturing yields that will be acceptable to the Company`s tier-one and tier-two customers.

2005-2006 - Potential for Rapid Growth

With the long anticipated return of capital spending by wireless carriers forecast to begin in earnest in 2005, the Company plans to be well positioned with its products and relationships with key customers that will result in gaining marketshare through 2006. In addition, management believes that recent consolidation of competitors in the Company`s market, having reduced the overall number of potential competitors, appears to have opened new business opportunities for Unity Wireless.

"While we are currently one of the smaller players, we feel that given the size and caliber of our current projects and customers, if we are successful in continuing to fund our operations and our expansion, we should not remain small for long," commented Ilan Kenig, President and CEO of Unity Wireless. "We would like to thank the stockholders, customers and suppliers of Unity Wireless for their continued support and look forward to continually improving and adding stockholder value to our Company that ultimately reflects the solid foundation now in place."

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless

[Bombenleger]

Unity Wireless Qualifies to Supply Flarion Technologies with Power Amplifiers
Wednesday August 18, 8:46 am ET


BURNABY, Britsh Columbia--(BUSINESS WIRE)--Aug. 18, 2004--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of integrated wireless subsystems and power amplifiers, today announced that US-based Flarion Technologies, Inc., the architect of the IP-friendly FLASH-OFDM® wireless broadband system, has qualified Unity Wireless as a provider of power amplifiers designed for use in the Flarion RadioRouter® base station product.
The Flarion system utilizes FLASH-OFDM® (Fast Low-latency Access with Seamless Handoff - Orthogonal Frequency Division Multiplexing) air interface technology to deliver advanced broadband data and packetized voice services in an all IP (internet protocol) based mobile environment.

Through the FLASH-OFDM mobile broadband system, Flarion has created an end-to-end network which includes the RadioRouter base station product line, wireless modems, embedded chipsets, and system software. This end-to-end network can enable licensed operators to overlay Flarion`s technology onto their existing network equipment, enhancing the operator`s ability to offer ubiquitous voice and high-speed data services.

"We are delighted to count Flarion Technologies as one of our customers," commented Unity`s Director of Sales Rick Byrd. "Their unique solution for the delivery of broadband wireless services is attracting the attention of significant customers and investors in our industry and we look forward to a mutually beneficial long-term relationship with them."

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604/267- 2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732/292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Technology & Innovation to Power a Wireless World!
Monday August 23, 7:00 am ET
Unity Wireless Books Additional Orders from SR Telecom for Use in Their Angel Broadband Fixed Wireless Network


BURNABY, B.C.--(BUSINESS WIRE)--Aug. 23, 2004--Unity Wireless Corporation (OTCBB:UTYW - News), a developer of integrated wireless subsystems and power amplifiers, announced today that open purchase orders for its customer SR Telecom (TSX: SRX, Nasdaq: SRXA) total approximately US$250,000 for products scheduled for delivery in the third quarter.
ADVERTISEMENT


Rick Byrd, Unity`s Director of Sales commented, "Having worked with SR Telecom for quite some time, it is gratifying to see them continue to expand and win new business with their angel(TM) product. We believe the market for broadband fixed wireless access products is just beginning to heat up and are proud to be supporting SR Telecom`s role in supplying equipment that wirelessly delivers high-quality voice and high-speed data services to suburban and rural areas."

SR Telecom`s angel is a premier next generation Broadband Fixed Wireless Access product that combines the most advanced multiplexing (OFDM), Transmission (Non Line of Sight-NLOS), and modulation (QAM) technologies to deliver DSL-equivalent data rates and carrier-class voice services within significantly less radio frequency spectrum than other solutions. Additionally, angel`s extensive network management capabilities optimize deployability and operability. Developed in close collaboration with a large service provider, angel boosts subscriber coverage to levels that can exceed 95% of a service provider`s target market area, and remains cost effective in even the smallest applications.

Upon completion and shipment of the power amplifiers currently in production, Unity Wireless will have shipped over $800,000 worth of product for SR Telecom in 2004.

About SR Telecom

SR TELECOM (TSX: SRX, Nasdaq: SRXA) is one of the world`s leading providers of Broadband Fixed Wireless Access (BFWA) technology, which links end-users to networks using wireless transmissions. For over two decades, the Company`s products and solutions have been used by carriers and service providers to deliver advanced, robust and efficient telecommunications services to both urban and remote areas around the globe. SR Telecom`s products have been deployed in nearly 130 countries, connecting nearly two million people.

The Company`s unrivalled portfolio of BFWA products enables its growing customer base to offer carrier-class voice, broadband data and high-speed Internet services. Its turnkey solutions include equipment, network planning, project management, installation and maintenance.

SR Telecom is an active member of WiMAX Forum, a cooperative industry initiative which promotes the deployment of broadband wireless access networks by using a global standard and certifying interoperability of products and technologies.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Closes $1.25 Million Financing
Tuesday September 7, 7:00 am ET


BURNABY, B.C.--(BUSINESS WIRE)--Sept. 7, 2004--Unity Wireless Corporation (OTCBB:UTYW - News), a developer of integrated wireless subsystems and power amplifiers, announced today that it has privately placed $1,250,000 principal amount of two-year 8% secured notes with certain institutional and accredited investors. The secured notes are convertible at $0.20 per share representing a premium to the Company`s recent trading price. Five-year warrants to purchase 3,750,000 shares exercisable at $0.20 per share were also issued in the placement. Net proceeds to the Company were approximately $1.11 million.
Dallas Pretty, Unity Wireless Corporation`s CFO commented, "As we are currently receiving interest from additional tier-one customers, it is imperative that we strengthen our balance sheet in order to prepare for business from these customers and for the volume of production orders expected."

Duncan Capital LLC, an NASD registered broker dealer, served as placement agent for the financing.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Qualifies for Further Tier-One Sales in Asian Market
Monday September 20, 7:00 am ET
Wins Bid to Supply Power Amplifiers to China`s ZTE Corporation - Appoints New Director of Sales, China & Asia


BURNABY, B.C.--(BUSINESS WIRE)--Sept. 20, 2004--Unity Wireless Corporation (OTCBB:UTYW - News), a developer of integrated wireless subsystems and power amplifiers, today announced that in a semi-annual vendor qualification and review process it has won a bid to supply China`s ZTE Corporation with additional power amplifiers in 2004.
Ilan Kenig, President and CEO of Unity Wireless stated, "We are pleased that ZTE expanded our role as a supplier of RF power amplifiers because of the quality of our products and our flexible delivery schedule. We anticipate that because of our success in this bid we will receive approximately $1 million in purchase orders from ZTE during the fourth quarter of this year. These expected orders are in addition to $0.5 million in purchase orders already on-hand for product deliverable in the current quarter."

To further pursue significant business prospects in the Asian markets, Unity Wireless has hired Yan Li Ng as Director of Sales, China and Asia. Ms. Ng has over 15 years of experience in the wireless industry in engineering, marketing and sales, operations, research and development, customer support and other areas. Before joining Unity Wireless, she held positions including Director, Shenzhen Research and Development Centre for Success Information Industry Group Co. Ltd., Chief Technology Officer for Shenzhen Success Electric Technology Corp. Ltd and Vice-President of China Operations for Intra Coastal System Eng. Corp. Ms. Ng has a PH.D. degree in electrical engineering from Qinghua University.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Receives US$500,000 in Orders from North American Customers
Wednesday September 29, 7:00 am ET


BURNABY, B.C.--(BUSINESS WIRE)--Sept. 29, 2004--Unity Wireless Corporation (OTCBB:UTYW - News), a developer of integrated wireless subsystems and power amplifiers, today announced that it has received approximately US$500,000 in new orders from three existing North American customers for products to be shipped in the fourth quarter.
Ilan Kenig, President and CEO of Unity Wireless, stated, "The development of our business relies upon both the establishment of relationships with strategically-important customers and the development of a product to fulfill their specific requirements. This process involves the development of prototypes and pre-production samples through to product qualification and ultimately the receipt of production orders for mature products like those announced today."

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

18-Oct-2004

Change in Directors or Principal Officers



Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On October 12, 2004, Robert Singer, resigned from the board of directors and from the audit committee of the board of directors.

Also on October 12, 2004, Victor Halpert was appointed a director of the Corporation by the board of directors to fill the vacancy caused by the resignation of Mr. Singer.

[Bombenleger]

Unity Wireless Receives Order for Compact Wireless Subsystems from a US-based Tier-One Customer for an Upcoming Commercial Field Trial Deployment
Thursday November 4, 7:00 am ET


BURNABY, B.C.--(BUSINESS WIRE)--Nov. 4, 2004--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of integrated wireless subsystems and power amplifiers, today announced that it has received an order for the Company`s compact, fully integrated RF (radio frequency) front-end wireless subsystem from a US-based tier-one telecom network OEM (original equipment manufacturer). This order, worth more than $200,000, is scheduled to be delivered in the current quarter and will be deployed as part of the customer`s upcoming commercial field trial of a new broadband wireless network.
Rick Byrd, Director of Sales of Unity Wireless commented, "We are very pleased to have received this order. It is a significant milestone for us as it represents the first commercial deployment of our compact, fully integrated wireless subsystem which was first introduced as a live product demonstration to the wireless market at the CTIA Wireless 2004 trade show this past March. This product is easy to install and operate, reduces base station and infrastructure overhaul cost, and yields improved operating efficiencies for network operators. We see strong commercial opportunities for this product line with this customer and others as the wireless world moves to broadband networks."

The RF front-end wireless subsystems being deployed in this field trial are compatible with IP-based CDMA base stations for CDMA2000 1X and 1xEV-DO networks. As a fully integrated product, all the components that constitute a typical RF front-end subsystem of a base station are designed as one cohesive unit to provide performance efficiencies and cost benefits over conventional designs that often utilize components from different manufacturers and suppliers.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Reports Third Quarter 2004 Results
Monday November 8, 7:00 am ET
Results Reflect 91% Improvement in Gross Margins and 20% Reduction in Net Loss over Q2-2004


BURNABY, B.C.--(BUSINESS WIRE)--Nov. 8, 2004--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of integrated wireless subsystems and power amplifiers, today announced results for the three and nine-month periods ended September 30, 2004.
Net sales in the third quarter of 2004 were $1,027,160, an increase of $918,570, or 846%, from $108,590 in the third quarter of 2003. Net sales in the nine months ended September 30, 2004 were $3,850,740, an increase of $1,694,262, or 79%, from $2,156,478 in the same period of 2003.

The gross margin in the third quarter of 2004 was 21% of net sales, an improvement over negative gross margin in the third quarter of 2003. The gross margin in the nine months ended September 30, 2004 was $696,530 or 18% of net sales, a decrease in gross margin from 23% of net sales in the same period of 2003.

Loss for the third quarter ended September 30, 2004 was $605,447, or $476,242 net of stock-based compensation expenses of $129,205. Loss for the same period in 2003 was $1,063,320, or $873,535 net of stock-based compensation expenses of $189,785. Net of stock-based compensation expenses, the loss for the period 2004 decreased by $397,293, or 45%, from the loss in the 2003 period.

Loss for the nine-months ended September 30, 2004 was $2,026,172, or $1,419,699 net of stock-based compensation expenses of $606,473. Loss for the same period in 2003 was $1,279,104, or $873,535 net of stock-based compensation expenses of $189,785. Net of stock-based compensation expenses, the loss for the 2004 period increased by $275,843, or 24%, from the loss in the 2003 period.

"Highlights in the third quarter included qualifying additional products with both new and existing customers and booking more than 50% of sales from North American customers," commented Dallas Pretty, Unity`s Chief Financial Officer. "We exercised tight fiscal control over expenses and bill of materials costs for each product in manufacturing. This fiscal control helped contribute to a 91% improvement in our gross margins and a 20% reduction in our net loss on a sequential quarter-over-quarter basis."

The Company`s Form 10Q-SB for the third quarter ended September 30, 2004 contains additional financial information, and can be accessed at the Company`s website or through the Securities and Exchange Commission`s website at www.sec.gov.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Ranked Number 199 Fastest Growing Technology Company in North America on the 2004 Deloitte Technology Fast 500
Wednesday November 17, 7:00 am ET


BURNABY, BC--(BUSINESS WIRE)--Nov. 17, 2004--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of integrated wireless subsystems and power amplifiers, ranked Number 199 on the Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage revenue growth over five years, from 1999 - 2003. Unity Wireless Corporation revenues grew 1,082 percent during this period.
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Ilan Kenig, President and CEO of Unity Wireless stated, "We are delighted to have made the Deloitte Technology Fast 500 list for the first time. This honor would not be possible if it were not for the commitment of our employees, shareholders and board of directors, all of whom deserve credit for this achievement."

Overall, companies that ranked in the 2004 Technology Fast 500 had growth rates ranging from 329 to 437,115 percent over five years, with an average growth rate of 4,109 percent.

"Growing the top line enough to make the Deloitte Technology Fast 500 is especially meaningful during tough economic times for the technology sector," said Mark A. Evans, national managing partner of Deloitte`s Technology, Media and Telecommunications Group. "We congratulate Unity Wireless Corporation on becoming one of the 500 fastest growing technology companies in North America."

The Fast 500 list is compiled from Deloitte`s 19 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 1999 operating revenues of at least USD$50,000 and CD$75,000 for the United States and Canada, respectively; and 2003 operating revenues must be at least $1 million USD or CD.

Entrants must also be public or private companies headquartered in North America and must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company`s operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies` technology in a unique way does not qualify.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verien (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other`s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche`" "Deloitte Touche Tohmatsu," or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless

[Bombenleger]

Unity Wireless Books Orders Supporting SR Telecom`s angel and symmetry Broadband Wireless Networks
Monday November 29, 7:00 am ET


BURNABY, British Columbia, Nov. 29, 2004 (PRIMEZONE) -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems and power amplifiers, announces new orders from SR Telecom (Vancouver:SRX.V - News) (NasdaqNM:SRXA - News) of approximately $300,000 for products scheduled for delivery in the beginning of 2005, to support their angel(tm) system production and production of their recently announced symmetry(tm) WiMax-ready system, being deployed by Telmex in Argentina.
ADVERTISEMENT


Ilan Kenig, President and CEO of Unity Wireless stated, ``Having been a partner with SR Telecom and on the angel system for many years, we are pleased to see the continued commercial deployment of SR Telecom`s technology.``

SR Telecom`s symmetry is an evolution of the angel product and is the only WiMAX-ready Broadband Wireless Access solution currently on the market that combines the most advanced modulation (OFDMA) with the key WiMAX technologies outlined in the latest draft of the 802.16e standard (including diversity, ARQ and space-time coding) to deliver carrier- class voice and broadband data services. symmetry today delivers on the promise of WiMAX by providing best-in-class spectral efficiency and the highest NLOS range available and provides SME-class service and reliability at price points suitable for residential business cases in addition to SME and SOHO applications -- a first in the industry for NLOS equipment. The symmetry solution also includes an extensive suite of network management tools to optimize deployability and operability.

Unity Wireless has been a partner on the angel system since its initial commercial deployment by Netro Corporation prior to being acquired by SR Telecom.

About SR Telecom http://www.srtelecom.com

SR TELECOM (Vancouver:SRX.V - News) (NasdaqNM:SRXA - News) designs, manufactures and deploys versatile, field-proven Fixed Wireless Access solutions. For over two decades, carriers have used SR Telecom`s products to provide broadband data and carrier-class voice services to end-users in both urban and remote areas around the globe. SR Telecom`s products have been deployed in over 130 countries, connecting nearly two million people.

A pioneer in the industry, SR Telecom works intimately with carriers to ensure that its broadband wireless access solutions directly respond to evolving customer needs. Its turnkey solutions include equipment, network planning, project management, installation and maintenance.

SR Telecom is a principal member of WiMAX Forum, a cooperative industry initiative which promotes the deployment of broadband wireless access networks by using a global standard and certifying interoperability of products and technologies.

About Unity Wireless http://www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words ``believe,`` ``expect,`` ``feel,`` ``plan,`` ``anticipate,`` ``should`` and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Unity Wireless
James E. Carruthers
[phone]
[e-mail]

Osprey Partners
Mike Mulshine
[phone]
[e-mail]


--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Continues to Book New Orders for 2005
Thursday December 16, 7:00 am ET


BURNABY, B.C.--(BUSINESS WIRE)--Dec. 16, 2004--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of integrated wireless subsystems and power amplifiers, today announced the receipt of new purchase orders, from a current US-based customer, for over US$490,000 of products that are scheduled for delivery from early to mid 2005.
Shimon Yaffe, one of Unity`s Directors of Sales stated, "While a small portion of the products covered under these purchase orders are to be delivered this year, the balance of the products are deliverable over a longer period of time. By giving us their purchase order commitments further in advance, customers help us to better manage our supply chain and production planning. This in turn leads to quicker and more efficient support of our customers."

This is the second time in a three-week period that Unity Wireless has received orders that combine both short-term and longer-term purchasing commitments. These orders form only a baseline purchasing commitment and may not reflect the potential business volume anticipated from these customers over the respective time frames.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Lands Order from New North American-Based Tier-1 OEM for Development of New RF Components
Wednesday January 12, 7:00 am ET


BURNABY, B.C.--(BUSINESS WIRE)--Jan. 12, 2005--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of integrated wireless subsystems and power amplifiers, announced today that it has received a purchase order for the development and supply of several RF (radio frequency) Base Station components from a leading, North American-based, Tier-One wireless network original equipment manufacturer (OEM).
Rick Byrd, a Director of Sales at Unity Wireless stated, "We are delighted to have been awarded a purchase order from this new customer, one of North America`s largest and most well respected OEM suppliers of wireless telecommunications equipment. Although the first order is small, all products under this initial purchase order are deliverable in the current quarter. We expect that if these new products are qualified by this customer, volume production would begin later this year."

This order represents the first commercial demand for products in a new line of RF components being developed by Unity Wireless as the Company extends its core engineering capabilities into more product lines and opportunities.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Accepts Resignation of Chairman
Wednesday January 19, 7:00 am ET


BURNABY, B.C.--(BUSINESS WIRE)--Jan. 19, 2005---- Unity Wireless Corporation (OTCBB:UTYW - News), a developer of integrated wireless subsystems and power amplifiers, announced today that on January 14, 2005 its Board of Directors accepted the resignation of Myer Bentob as Executive Chairman and as a director of the Company.
About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

19-Jan-2005

Change in Directors or Principal Officers



Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On January 14, 2005, the Board of Directors accepted the resignation of Myer Bentob as Executive Chairman and as director of the Company.

[Bombenleger]

Unity Wireless Receives Order to Supply Base Station Power Amplifiers for OEM Customer`s Field-Trial Deployment
Thursday January 27, 7:00 am ET


BURNABY, British Columbia, Jan. 27, 2005 (PRIMEZONE) -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems and power amplifiers, announced today that a current customer, an Original Equipment Manufacturer (OEM) of wireless network equipment, has ordered US$100,000 of the Company`s power amplifiers for immediate delivery. The customer will use these amplifier systems in a system field trial of its base stations.
ADVERTISEMENT


Rick Byrd, a Director of Sales at Unity Wireless, commented, ``We announced in July 2004 that we had qualified our product for this customer`s base stations, and we are pleased that the customer is now beginning to win field trials of these base stations with end-users. We anticipate that if the field trials are successful, we will receive production orders for this product beginning later this year.

``Our experience with this customer is representative of three typical stages in our product development for OEM customers. We begin with Product Qualification, the process of product development to the customer`s specification and their approval of the finished design. The Field Trial stage begins when the customer receives an order from an end-user, typically a wireless network operator, for a small number of base stations to evaluate the customer`s complete system. In the final Production phase, both Unity Wireless and its customer tool-up for volume manufacturing and full system deployment.``

About Unity Wireless http://www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words ``believe,`` ``expect,`` ``feel,`` ``plan,`` ``anticipate,`` ``should`` and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Unity Wireless
James E. Carruthers
[phone]
[e-mail]

Osprey Partners
Mike Mulshine
[phone]
[e-mail]


--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Receives New US$840,000 Production Order Increasing Current Orders to More Than US$2.2 million
Monday February 14, 8:00 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--Feb. 14, 2005--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of integrated wireless subsystems and power amplifiers, announced today that it has been awarded an US$840,000 production order from a North American-based Tier-One wireless network Original Equipment Manufacturer (OEM) for new CDMA base station deployment pushing orders to more than US$2.2 million scheduled for delivery in the first and second quarters of 2005.
"Having announced the field trial order for the product related to this new order in November 2004, we are delighted that our customer successfully completed the field trials and is now ramping up production for the delivery of several hundred base stations for deployment in a large and rapidly growing market," commented Rick Byrd, Director of Business Development at Unity Wireless. "We expect to complete delivery of all products under this order during March and April, and will thereby again demonstrate our Company`s ability to meet significant customer needs on a timely basis."

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

14-Feb-2005

Sale of Equity



Item 3.02 Unregistered Sales of Equity Securities.
(a)

On February 11, 2005 Unity Wireless Corporation sold to investors $1,500,000 principal amount of Secured Convertible Promissory Notes ("Notes") and Warrants to purchase 3,750,000 shares of common stock at $0.20 per share ("Warrants"). All amounts are US$.

(b)

The total offering price was $1,500,000. In connection with the financing, the Company paid $150,000 in fees to Duncan Capital LLC ("Duncan") and approximately $2,500 of expenses, excluding fees of the Company`s counsel. The Company also issued to Duncan warrants to purchase 750,000 shares of common stock at an exercise price of $0.20 and in the form of the Warrants sold to investors.


(c)
The company has offered to reduce to $0.15 per share, until April 13, 2005, the exercise price of $0.20 warrants ("prior warrants") previously issued to investors in this offering who also invested in the private placement in August 2004 in which the prior warrants were issued.


(d)
The securities in this offering were issued in a private placement under the exemption set forth in Section 4(2) of the Securities Act of 1993 Act (the "Act") and Rule 506 thereunder from the registration requirements under the Act

(e)

The principal, interest and other amounts owing under the Notes are convertible into common stock at the option of the holders at $0.20 per share. Except as set forth in the next sentence, the principal, interest and other amounts owing under the Notes automatically convert into common stock at $0.20 per share, subject to volume limitations set forth in the Notes, if the closing price of the common stock during a period designated in the Notes is not less than $0.30 per share and a registration statement is then in effect with respect to the sale of the shares of common stock assumable on conversion. The Note owned by any investor will not be automatically converted to the extent that conversion would result in the beneficial ownership by such investor of more than 9.9% of the company`s outstanding common stock

(f)

The Warrants are exercisable at $0.20 per share and expire on February 11, 2010. On notice by the Company the Warrants will expire earlier if the closing price of the common stock during a period designated in the Warrants is not less than $0.40 per share and a registration statement is in effect with respect to the sale of the shares of common stock issuable on exercise. The preceding sentence does not apply to the extent that exercise of warrants by any investor would result in the beneficial ownership by such investor of more than 9.9% of the company`s outstanding common stock The Warrants may be exercised on a cashless basis (i.e., by deducting from the number of shares otherwise issuable on exercise a number of shares that have a then market value equal to the exercise price) after February 11, 2006 so long as no registration statement is in effect with respect to the sale of shares issuable on exercise.

(g)

The foregoing summary of certain terms of the Notes and Warrants is qualified by reference to the actual terms of the instruments that are included as exhibits with this filing.

Item 9.01 Exhibits

Exhibit 4.1 Form of Convertible Note and Purchase Agreement

Exhibit 4.2 Form of Secured Convertible Promissory Note

Exhibit 4.3 Form of Warrant

Exhibit 4.4 Form of Security Agreement

Exhibit 4.5 Form of letter to investors

Exhibit 99.1 Press Release issued by the Registrant on February 14, 2005

[Bombenleger]

Unity Wireless Continues Booking New Orders from China`s ZTE Corporation Current Production Forecasts for 2005 Exceed US$4 Million
Monday March 14, 7:00 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--March 14, 2005--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of integrated wireless subsystems and power amplifiers, announced today that it has received new orders from China`s ZTE Corporation for a product currently shipping to ZTE in volume, as well as for a product that ZTE recently qualified for production. Based on forecasts, Unity Wireless expects that it will deliver in excess of US$4 million for these two products in 2005.
Ms. Yan Ng, Director of Sales - Asia for Unity Wireless commented, "We are proud that ZTE has again selected our company to provide products for ZTE`s base station manufacturing requirements. We look forward to continuing to expand our relationship with ZTE by supporting them with additional product solutions in the near future."

Unity Wireless was successful in winning production orders for its two base station products in a competitive bidding process held in China over the last several weeks. "Our business model allows us to accommodate the aggressive delivery schedules often seen in this market at the same time that we are cost competitive. These factors and a history of quality performing products are key attributes that are contributing to our ability to win more business in the region," added Ms. Ng.

Mr. Ilan Kenig, CEO of Unity Wireless, commented, "We are very pleased indeed with the continued growth of our business relationship with ZTE and other customers in the Asian market. As the trend toward wireless accelerates around the world, we see our company becoming increasingly recognized as a proven provider of quality components and subsystems to tier-one and tier-two customers in Asia, Europe and North America. We think that 2005 will be a year of meaningful growth for our Company as we continue to build shareholder value through our expanding business relationships."

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

24-Mar-2005

Annual Report



Item 6. Management`s Discussion and Analysis or Plan of Operation.
Results of Operations

Years Ended December 31, 2004 and 2003

Sales

Net sales in 2004 were $5,020,560, an increase of $2,645,432 or 111%, from net sales of $2,375,128 in 2003. The increase was largely due to greater sales volume of developed products in 2004 over 2003. Revenues for 2003 were comprised mainly of revenue derived from the sale of engineering samples and prototypes.

Cost of Goods Sold and Operating Expenses

Cost of goods sold during 2004 was 4,204,335, an increase of $2,194,691 or 109%, from $2,009,644 in 2003. The increase of the Cost of goods sold for 2004 corresponds to the 2004 increase in Net Sales. Cost of goods sold includes stock-based compensation expenses of $18,835 in 2004 versus $682 in 2003.

The gross margin for the year ended December 31, 2004 of $816,225 or 16% of net sales represented a slight increase from a gross margin of $365,484 or 15% of net sales for the year ended December 31, 2003. W e anticipate that we will increase our gross margin as sales volumes increase granting the Company addition al purchasing power and anticipated lower per unit costs associated with more standardized production of our products

Research and development expenses for the year ended December 31, 2004 were $1,230,409, an increase of $338,579 or 38%, from $891,830 for the year ended December 31, 2003. This increase primarily reflects the change in the number of engineering personnel on staff during the year in 2004 as a greater number of products were in development for new and existing customers than in the previous year. Research and development expenses include stock-based compensation expenses of $38,385 in 2004 versus $30,932 in 2003.

Sales and marketing expenses for the year ended December 31, 2004 were $559,185, a n increase of $257,963 or 86%, from $301,222 for the year ended December 31, 2003. The increase primarily reflects increased promotional activities, tradeshow activities and travel expenses to visit new customers and distributors. Sales and marketing expenses include stock-based compensation expenses of $63,430 in 2004 versus $7,172 in 2003.

Depreciation and amortization expenses for the year ended December 31, 2004 were $72,596, an increase of $12,290 or 20% from $60,306 in 2003. The increase is primarily due to an increase in depreciable assets leased by the Company in 2004.

Exchange (gain) loss for 2004 was $182,550, an increase $157,398 or 626%, from $25,152 for the year ended 2003. The increase was solely due to the fluctuations in the currency exchange rate between the U.S. and Canada. Our company`s revenues are received in U.S. dollars, while a significant portion of expenses are incurred in Canadian dollars.

Interest expenses for 2004 were $79,705, a decrease of 31,332 or 28%, from $111,037 in 2003. The decrease was the result of less interest bearing loans and convertible debenture s, on average, being outstanding in 2004 compared to 2003.

General and administrative expenses for 2004 were $ 1,680,440, an increase of $589,477 or 54%, from $1,090,963 in 2003. Net of stock-based compensation expenses, results were actually in-line with expenses in 2003. A net increase of $587,159 in stock-based compensation expenses was mostly due to changes in the Company`s accounting policy of stock-based compensation expenses effected in 2004. General and administrative expenses include stock-based compensation expenses of $685,552 in 2004 versus $98,393 in 2003.

Other Income and Expenses

Accretion of interest and debt settlement expenses for 2004 were $269,163, a decrease of $985,036 or 79% from $1,254,199 in 2003. The decrease is the result of fewer promissory note or convertible debt settlement transactions in 2004.

Other earnings in 2004 were $14,133, a decrease of $92,704 or 87 % from $106,837 in 2003. The 2003 balance was the result of one-time transactions including the settlement with a leasing company resulting from the return of certain leased equipment and a gain on the sale of securities held by the Company that had been written off to a value of $nil in previous years.

Liquidity and Capital Resources

During 2004, our cash position increased due to financings completed in the year. The primary use of cash was for our continued operations, which also included non-cash charges in depreciation expense, stock-based compensation and accretion of interest on convertible loans. As a result of the increase in 2004 revenues and the financings completed throughout 2004, accounts receivable and inventory values increased by 308% and 132% respectively. Accounts payable and accrued liabilities also increased by 57% and partially offsets the gain in accounts receivable and inventory. We have on-going communications with our suppliers and are in various stages of discussion with them regarding extended payment terms for their respective outstanding December 31, 2004 accounts payable balances.

Since our inception, we have been dependent on investment capital as our primary source of liquidity. We had an accumulated deficit at December 31, 2004 of $21,822,078. During 2004, we incurred a net loss, inclusive of stock-based compensation expense, of $3,318,998, (2003 - loss of $3,007,950).

Our capital requirements are difficult to plan in light of our current strategy to expand our customer base and to develop new products and technologies. Our operations to date have been primarily financed by sales of our equity securities. As of December 31, 2004, we had working capital of $111,9 51 . We do not expect positive cash flow from operations in the near term. Our operations presently are generating negative cash flow, and we do not expect positive cash flow from operations in the near term. We need to secure additional working capital in the short-term in order to sustain our operations and execute our business plan. Any inability to obtain sufficient capital to sustain our existing operations, to meet commitments or to fund our obligations under our existing sales orders may require us to delay delivery of products, to default on one or more agreements, or to significantly reduce or eliminate sales and marketing, research and development or administrative functions. The occurrence of any of these, or our inability to raise adequate capital, may have a material adverse effect on our business, financial condition and results of operations.

Due to the uncertainty of our ability to meet our current operating and capital expenses, in their report on the annual consolidated financial statements for 2004, our independent auditors included an explanatory paragraph regarding concerns about our ability to continue as a going concern. Our consolidated financial statements contain additional note disclosures describing the circumstances that lead to this disclosure by our independent auditors.

The issuance of additional equity securities by us could result in a significant dilution in the equity interests of our current stockholders.

Other than commitments under existing premises leases for an aggregate of $385,000 through 2009 and capital leases of $312,546 through 2007, we have no material commitments outstanding at December 31, 2004.

We had no material investing activities in 2004.

Inflation/Seasonal Aspects

We do not believe that inflation, had a significant impact on our consolidated results of operations or financial condition. There are no seasonal aspects material to the Company`s business.

NEW ACCOUNTING PRONOUNCEMENTS

In December 2004, the Financial Accounting Standards Board ("FASB") issued revised Statement of Financial Accounting Standards No. 123 entitled "Share-Based Payment" ("FAS No. 123R"). This revised statement addresses accounting for stock-based compensation and results in the fair value of all stock-based compensation arrangements, including options, being recognized as an expense in a company`s financial statements as opposed to supplemental disclosure in the notes to financial statements. The revised Statement eliminates the ability to account for stock-based compensation transactions using APB Opinion No. 25. FAS No. 123R is effective for public entities that do not file as small business issuers as of the beginning of the first interim or annual reporting period that begins after June 15, 2005. FAS No. 123R will be effective for the Corporation commencing July 1, 2005. The Corporation does not expect the adoption of FAS No. 123R to have a material effect on its consolidated financial statements as the Corporation presently expenses stock-based compensation to employees by the fair value method.

In November 2004, the Financial Accounting Standards Board ("FASB") issued Statement of Financial Accounting Standards No. 151 entitled "Inventory Costs - an amendment of ARB No. 43, Chapter 4" ("FAS No. 151"). This statement amends the guidance in ARB No. 43 to clarify the accounting for abnormal amounts of idle facility expense, freight, handling costs and spoilage. FAS No. 151 requires that these items be recognized as current period charges. The Corporation has adopted FAS No. 151, which had no effect on the consolidated financial statements.

In December 2003, the FASB issued FASB Interpretation No. 46 (revised December 2003), Consolidation of Variable Interest Entities, which addresses how a business enterprise should evaluate whether it has a controlling financial interest in an entity through means other than voting rights and accordingly should consolidate the entity. FIN 46R replaces FASB Interpretation No. 46, Consolidation of Variable Interest Entities, which was issued in January 2003.
The Company will be required to apply FIN 46R to variable interest in VIEs created after December 31, 2003. For variable interests in VIEs created before January 1, 2004, the Interpretation will be applied beginning on July 31, 2004.
For any VIEs that must be consolidated under FIN 46R that were created before January 1, 2004, the assets, liabilities and noncontrolling interests of the VIE initially would be measured at their carrying amounts with any difference between the net amount added to the balance sheet and any previously recognized interest being recognized as the cumulative effect of an accounting charge. If determining the carrying amounts is not practicable, fair value at the date FIN 46R first applies may be used to measure the assets, liabilities and noncontrolling interest of the VIE. The Corporation currently has no variable interest entities, hence there is no impact of FIN 46R on these consolidated financial statements.

In May 2003, the Financial Accounting Standards Board ("FASB") issued Statement of Financial Accounting Standards ("FAS") No. 150, "Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity" ("FAS No. 150"), which establishes standards for how an issuer classifies and measures certain financial instruments with characteristics of both liabilities and equity. FAS No. 150 is effective for financial instruments entered into or modified after May 31, 2003. The Corporation has adopted FAS No. 150, which had no effect on the consolidated financial statements.

In April 2003, the FASB issued FAS No. 149, "Amendment of Statement 133 on Derivative Instruments and Hedging Activities" ("FAS No. 149"), which amends and clarifies financial accounting and reporting for derivative instruments, including certain derivative instruments embedded in other contracts, and for hedging activities under FAS No. 133. FAS No.149 is to be applied prospectively for certain contracts entered into or modified after June 30, 2003. The Corporation has adopted FAS No. 149, which had no effect on the consolidated financial statements.

APPLICATION OF CRITICAL ACCOUNTING POLICIES

Our consolidated financial statements and accompanying notes are prepared in accordance with generally accepted accounting principles in the United States.
Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. These estimates and assumptions are affected by management`s application of accounting policies. We believe that understanding the basis and nature of the estimates and assumptions involved with the following aspects of our consolidated financial statements is critical to an understanding of our financials.

Our consolidated financial statements have been prepared on the going concern basis, which assumes the realization of assets and liquidation of liabilities in the normal course of operations. The continuation as a going concern for the foreseeable future is dependent upon the identification and successful completion of additional debt or equity financing or the generation of positive cash flows from operating activities. Our ability to raise financing is, in part, based on market conditions that are outside of our control. If we are not able to continue as a going concern, we would likely not be able to realize on our assets at values comparable to the carrying value or the fair value estimates reflected in the balances set out in the preparation of the consolidated financial statements. Based on the carrying value of assets at December 31, 200 4 , the inability to continue as a going concern would require liquidation of assets not in the normal course that would primarily impact inventory, equipment and goodwill`s recoverable amounts.

Inventory is carried at the lower of cost, determined on an average cost method, and market. Market is considered to be replacement cost for raw materials and net realizable value for work in progress and finished goods. The cost of work in progress and finished goods includes the cost of raw material, direct labor, and an appropriate allocation of related overhead. We provide an allowance that we consider to be reasonable for its non-moving or slow moving inventory items and for items with expected future realizable value lower than cost. Changes in customer demands and requirements in the short term could reduce product demand and prices having a material impact on future realizable value of inventory.

Equipment is recorded at cost less accumulated depreciation. We review these assets for impairments when events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future net cash flows expected to be generated by the asset. As actual future net cash flows are uncertain, the estimation process requires us to make reasonable assumptions about future economic trends and events. These trends and events are substantially outside of our control. To the extent that the expected future cash flows generated by the asset are reduced, we may be required to record an impairment charge against the carrying value of the equipment.

Goodwill is the residual amount that results when the purchase price of an acquired business exceeds the sum of the amounts allocated to the identifiable assets acquired, less liabilities assumed, based on their fair values. Goodwill is allocated as of the date of the business combination to our reporting units that are expected to benefit from the synergies of the business combination.
Goodwill is not amortized and is tested for impairment annually, or more frequently if events or changes in circumstances indicate that the goodwill might be impaired. The impairment test is carried out in two steps. In the first step, the carrying amount of the reporting unit is compared with its fair value. When the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is considered not to be impaired and the second step of impairment test is unnecessary. The second step is carried out when the carrying amount of a reporting unit exceeds its fair value, in which case the implied fair value of the reporting unit`s goodwill is compared with its carrying amount to measure the amount of the impairment loss, if any. The implied fair value of the reporting unit`s goodwill is determined in the same manner as the value of goodwill is determined in a business combination described in the preceding paragraph, using the fair value of the reporting unit as if it was the purchase price. When the carrying amount of a reporting unit exceeds the implied fair value of the goodwill, an impairment loss is recognized in an amount equal to the excess and is presented as a separate line item in the earnings statement before extraordinary items and discontinued operations. We consider ourselves to operate as a single reporting unit. Fair value of the reporting unit is measured by reference to such factors as estimated future cash flows and the market value of our common shares. Changes in these factors could impact future impairment conclusions.

On an ongoing basis, we record our best estimate of our warranty obligations related to products sold. A liability for estimated warranty expense is established by a charge against costs of goods sold at the time revenue is recognized as the products are sold. These estimates are made after the consideration of contractual warranty obligations and historical experience.
The subsequent actual costs incurred for warranty claims serve to reduce the product warranty liability that we have estimated. Unforeseen events, including increased technological difficulties with products, could occur that have not been anticipated in estimating the warranty provision. Additional costs or estimates will be recognized as determinable.

We recognize revenue when criteria specified in generally accepted accounting principles have been met. Specifically, revenue from products is recognized once a sale arrangement exists, delivery has occurred, the revenue is determinable and collectability is reasonably assured, which is upon the later of shipment or when title passes to the customer depending on the contractual terms. We do not enter into sales arrangements having post contract customer support or rights of return. We record deferred revenue when cash is received in advance of the revenue recognition criteria (discussed above) being net.
Although we have no current intention of doing so, changes in our business model could impact the timing of recognition in our consolidated financial statements.

[Bombenleger]

Unity Wireless Reports Results for the Fourth Quarter and the Fiscal Year Ended December 31, 2004
Thursday March 24, 7:00 am ET
Revenue Doubles Year-over-Year


BURNABY, British Columbia--(BUSINESS WIRE)--March 24, 2005--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of integrated wireless subsystems and power amplifiers, announced summary financial results for the fourth quarter and fiscal year ended December 31, 2004.
ADVERTISEMENT


Net sales for the quarter ended December 31, 2004 were $1,169,820, up 435% from $218,650 for the same period in 2003. Cost of goods sold for the period was $1,050,125, an increase of 193% from $358,210 in 2003. Gross margin for the period was 10.2%, an improvement over a negative gross margin in same period in 2003. Loss for the period was $1,292,826, a decrease of 25% from $1,728,846 in 2003. Loss for the period net of stock-based compensation expenses was $1,093,097, a decrease of $633,818, or 37% from $1,726,915 in 2003.

The Company`s net sales for the year ended December 31, 2004 were $5,020,560, up 111% from $2,375,128 in 2003. Cost of goods sold in 2004 was $4,204,335, an increase of 109% from $2,009,644 in 2003. Gross margin for the period was 16.3%, an improvement over a gross margin of 15.4% in same period in 2003. Loss in 2004 was $3,318,998, or $0.04 per share, an increase of 10% from $3,007,950, or $0.07 per share, in 2003. Loss for the period net of stock-based compensation expenses was $2,512,796, a decrease of $357,975 or 12% from a loss of $2,870,771 in 2003.

The increase in sales for the year was largely due to initial production orders for products that were developed by the Company over the last several years. Excluding stock-based compensation expenses, general and administrative expenses remained relatively unchanged year over year. Research and development and sales and marketing expenses rose 38% and 69%, respectively, as the Company continued to invest in new product opportunities.

Ilan Kenig, President and CEO of Unity Wireless commented, "We are pleased that our business experienced strong sales growth for 2004. This trend appears to be increasing in 2005 as orders and production forecasts from customers already exceed $6.2 million. In 2005 we will focus on improving our gross margins by creating more efficient supply chain and volume production management processes. We will also continue to stress the care of our customers as we continue to gain recognition as a provider of wireless subsystems."

Dallas Pretty, CFO of Unity Wireless, further commented, "We are working toward our goal of cash flow positive and profitable operations and are supported in these efforts by our recently completed financing. We are confident that our employee and physical plant infrastructure is substantially adequate to support the increased sales we are expecting."

The Company`s Form 10K-SB for 2004 contains additional financial information, and can be accessed at the Company`s website or through the Securities and Exchange Commission`s website at www.sec.gov.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Launches New Coverage Enhancement Solutions For 3G Wireless Networks
Tuesday May 3, 7:00 am ET
New Product Line Opens up New Large Market Opportunities for More of the Company`s Products


BURNABY, British Columbia--(BUSINESS WIRE)--May 3, 2005--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of integrated wireless subsystems and power amplifiers, announced today that it has launched several new products designed to provide coverage enhancement solutions for CDMA450 and UMTS W-CDMA third generation, or 3G, wireless networks.
Ilan Kenig, President and CEO of Unity Wireless commented, "We are very pleased to offer our first coverage enhancement solution products to OEMs (Original Equipment Manufacturer) and operators of 3G networks. Having traditionally serviced the OEM market, introducing products that are also commonly acquired by network operators has the effect of opening a new and very large market for our products. We believe that our experience supporting OEM customers in competitive markets around the world has provided the strong foundation of products, reference designs and infrastructure required to begin expanding our market share into complementary customer groups and product opportunities."

Coverage enhancement solutions are mostly comprised of turn-key systems that are installed within the wireless network base transmitter station (BTS) infrastructure. These systems improve network performance by strengthening the signals that are sent and received by the BTS. These performance improvements translate into fewer dropped calls, better data throughput and often improve the battery performance of customer phones and data devices. These benefits contribute to improved network quality of service (QOS) and help operators economically optimize their investment in their core network.

"Unity Wireless will also introduce products for cellular and PCS networks in the coming months that will complete a portfolio of coverage enhancement products for the most widely used commercial wireless networks," commented Unity Wireless Chief Technology Officer, Raffi Antepyan. "The UMTS WCDMA solutions are used predominantly throughout Western Europe and Japan while CDMA450 solutions are being deployed in Eastern Europe and Asia. Of note, we believe we are among the first companies to offer coverage enhancement solutions for the rapidly expanding CDMA450 market."

Coverage enhancement solution products include Tower Mounted Amplifiers (TMA), Tower Mounted Boosters (TMB), Bi-Directional Amplifiers (BDA) and related accessories used in both indoor and outdoor applications.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, coverage enhancement solutions, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless

[Bombenleger]

Unity Wireless Reports Results for the First Quarter 2005
Friday May 13, 7:00 am ET
Q1 2005 Revenues up 159% over Q1 2004 Revenues


BURNABY, British Columbia--(BUSINESS WIRE)--May 13, 2005--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of integrated wireless subsystems and power amplifiers, announced financial results for the first quarter ended March 31, 2005.
Highlights include:

Q1 2005 revenues up 159% over Q1 2004 revenues
Q1 2005 revenues up 68% over Q4 2004 revenues
Q1 2005 revenues equal nearly 40% of full fiscal year 2004 revenues
8 new customer projects were qualified for production in Q1 2005
Net sales for the quarter ended March 31, 2005 were $1,967,570, up 159% from $760,382 for the same period in 2004. Cost of goods sold for the period was $1,622,683, an increase of 229% from $493,342 in 2004. Gross margin for the period was 18%, down from 35% in the same period in 2004. Loss for the period was $1,178,175, an increase of 78% from $662,902 in the same period in 2004. Stock-based compensation expenses for the 2005 and 2004 periods were $217,232 and $294,023 respectively.

The sales increase in the first quarter of 2005 reflect two projects that moved through production in increasing volume. These volume production orders carry lower margins than the engineering prototypes and short production runs which comprised most of sales in the first quarter of 2004. Higher expediting and shipping charges associated with the ramp-up in volume production also contributed to lower gross margins.

The major contributor to the increased loss for the period was a 185% increase in research and development expenses as the Company accelerated new product development for time-sensitive customer opportunities. These expenditures raised research and development expenses above typical levels, and included costs to upgrade lab equipment and simulation tools, to increase outsourced contract engineering assignments and to purchase prototyping materials. Except for stock-based compensation expenses, general and administrative expenses and sales and marketing expenses remained relatively unchanged quarter over quarter.

Ilan Kenig, President and CEO of Unity Wireless commented, "The first quarter was unprecedented in the number of new projects qualified and initiated for both new and existing customers. Our current market prospects and our costumer forecasts give us confidence that we will see significant top line growth this year."

Unity Wireless Corporation`s Chief Financial Officer Dallas Pretty stated, "Expenses for the expedited ramp-up of production for two customers in the period contributed to higher costs and reduced margins. We expect that research and development expenses will decline in the next several quarters, and we continue to engage in initiatives that are reducing our costs and are improving efficiencies in our outsourced manufacturing processes. Our goal is to combine these measures with top line growth to improve our margins and achieve profitable operations."

The Company`s Form 10Q-SB for the period ended March 31, 2005 contains additional financial information, and can be accessed at the Company`s website or through the Securities and Exchange Commission`s website at www.sec.gov.

About Unity Wireless www.unitywireless.com

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Lands Initial Production Order from North American-based Tier-1 OEM Customer for New Products Developed in Q1 2005
Wednesday May 25, 7:00 am ET
Two Unity Wireless Products Now Qualified for Production in Four Customer BTS Products


BURNABY, British Columbia--(BUSINESS WIRE)--May 25, 2005--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of integrated wireless subsystems and power amplifiers, announced today that it has qualified two new RF (radio frequency) Base Transceiver Station (BTS) components with a leading, North American-based, Tier-One wireless network original equipment manufacturer (OEM), and that follow-on purchase orders have been received for product deliverable in the current quarter.
Rick Byrd, a Director of Business Development at Unity Wireless, stated "After our customer successfully completed field trials with our products integrated into their BTS, we are pleased to see that initial production orders are now being placed. We anticipate that production orders for these products in greater volume will be placed by the customer beginning in the third quarter of this year."

This product qualification and current order is subsequent to the successful development and supply of prototype units that the company disclosed for this customer in January 2005.

"The initial success of this new line of RF components, in addition to the recently announced line of coverage enhancement solutions, are both results of the Company`s mandate to extend its core engineering capabilities into more product lines and opportunities," commented Unity Wireless Senior Vice President and CTO Raffi Antepyan.

About Unity Wireless www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Retains RK Equity Advisors to Enhance its Investor Relations Activities
Thursday June 2, 7:00 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--June 2, 2005--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of integrated wireless subsystems and power amplifiers, announced today that it has retained RK Equity Advisors to assist the Company in increasing the financial markets` awareness of its business activities and prospects.
Ilan Kenig, President and CEO of Unity Wireless stated, "As our business looks to be progressing as planned, we have begun an initiative to increase the financial markets` awareness of our Company. We believe that Howard Klein, Adam Rosen and their team at RK Equity Advisors offer the right mix of services and came with excellent references. They have a good track record of assisting small and micro-cap companies like ours expand their presence in the financial markets, particularly by creating direct communication between the company and both money managers and top analysts in the industry."

RK Equity Advisors facilitates unfiltered, one-on-one communication between their small- to mid-cap client companies and both buy-side money managers and sell-side analysts. The two principals, Howard Klein and Adam Rosen, have over 25 years combined experience in equity brokerage, investor relations and commercial/securities law and have leveraged over 1,000 relationships within the small/mid-cap and international equity investment community into a new type of "no-nonsense" investor communications firm.

"We think Unity Wireless could very much be an unknown success story waiting to be discovered," commented Howard Klein, Managing Partner of RK Equity Advisors. "Unity`s results and prospects for growth should be of great interest to investors looking for a young and dynamic company with defined market opportunities and products with a lot of potential for future earnings. We are looking forward to working with Unity Wireless and helping to create for them more awareness among a greater number of financial market professionals."

About Unity Wireless www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Ranked 16th in 17th Annual PROFIT100 Ranking of Canada`s Fastest-Growing Companies
Monday June 6, 11:35 am ET


BURNABY, B.C.--(BUSINESS WIRE)--June 6, 2005--Unity Wireless Corporation (OTCBB:UTYW - News), a developer of integrated wireless subsystems and power amplifiers, announced today that it was ranked number 16 in the 17th annual PROFIT100 ranking of Canada`s Fastest Growing Companies by PROFIT: Your Guide to Business Success.
"We`re happy to welcome the 2005 PROFIT 100 winners to the most prestigious group of entrepreneurial businesses in Canada," says Ian Portsmouth, editor. "Canada`s Fastest-Growing Companies are succeeding by knowing what customers really want, then delivering it."

Ranking Canada`s Fastest-Growing Companies by five-year revenue growth, the PROFIT 100 profiles the country`s most successful growth companies. Published in the June issue of PROFIT and online at PROFITguide.com, the PROFIT 100 is Canada`s largest annual celebration of entrepreneurial achievement.

Ilan Kenig, President and CEO of Unity Wireless stated, "We are proud to have again been ranked on the list with some of Canada`s best known and brightest rising stars. Being ranked in a group of high achievers such as our fellow recipients, is a testament to the dedication of our employees, supportive suppliers and partnership with our customers. We believe we have the right foundation to deliver value to our shareholders while supporting our community and country for many years to come."

About PROFIT Magazine:

PROFIT: Your Guide to Business Success, offers news, strategies, tips, interviews and other resources to entrepreneurs leading Canada`s fastest-growing companies. Each year PROFIT--which currently reaches more than 400,000 readers nationally--hosts a number of events that bring together business leaders in the fast-growth segment and champions the interests of those leaders. PROFIT was founded in April 1982 as Canada`s first national magazine geared to entrepreneurs. Visit PROFITguide.com.

About Unity Wireless www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Expands its Coverage Enhancement Solutions Sales Team
Thursday June 9, 8:00 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--June 9, 2005--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, announced today the expansion of its coverage enhancement solutions sales team in North America with the appointment of Mr. Brian Radke as Director of Business Development - Operator Solutions Group, North America.
ADVERTISEMENT


Ilan Kenig, President and CEO of Unity Wireless, stated, "Presently we are expanding our business development team and we are pleased to welcome Brian Radke aboard. With the recent launch of our Coverage Enhancement Solutions products, we are introducing competitive product lines for customers operating and deploying networks in North America. Brian has had direct experience with operators in North America who are buying these types of products and we feel very fortunate that he is now a part of our business development team."

Brian worked at REMEC Inc. for fours years as Corporate Sales-Account Manager and as the Coverage Distribution Systems-Manager of Marketing and Sales. In these positions, he was responsible for business development and sales of wireless and microwave subsystems and custom components for commercial and military communications systems. Brian`s scope of work included the qualification of new products with operators of wireless networks in the United States and Canada and the subsequent pricing, training and customer support requirements following initial sales. Prior to joining REMEC, Brian was the Director of Coverage Solutions for Repeater Technologies Inc., a developer of CDMA network repeaters. Before Repeater Technologies, Brian was an Account Manager at Ortel Corporation, an early innovator of PCS off-air and fiber-fed repeater products and in building distributed antenna systems (DAS). Brian holds a Bachelor of Electrical Engineering from the Georgia Institute of Technology.

"Unity Wireless has successfully established itself in some of the most price competitive markets in the world and has consistently met demanding quality and delivery targets for its products. This Company`s track record made the decision to join Unity Wireless an easy one as it is a great opportunity for me to utilize my sales and engineering background in coverage enhancement solutions," commented Mr. Radke. "I am looking forward to helping Unity Wireless establish a presence in the coverage enhancement solutions market and feel that we have a strong business case for wireless network operators to give us a try."

With the addition of Brian to the business development team at Unity Wireless, Rick Byrd`s title will become Director of Business Development, OEM Solutions Group. Also changing titles is James Carruthers, who as Marketing Manager will assume responsibility for marketing the Company and its products worldwide in addition to identifying trends and strategic partnership opportunities.

About Unity Wireless www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
Unity Wireless
James E. Carruthers, 604-267-2716
[e-mail]
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Completes Shipment of Current Product for New Business Opportunity with Existing North American Tier-1 Customer
Tuesday July 19, 10:53 am ET


BURNABY, British Columbia, July 19, 2005 (PRIMEZONE) -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, announced today that it completed the US$120,000 sale and delivery of fully integrated wireless subsystems to a North American-based tier-1 customer.
ADVERTISEMENT


The systems that Unity supplied to this customer are part of a compact 3G (third generation) CDMA base station that is now being actively marketed to government end-users for an all IP (internet protocol)-based mobile solution for tactical or first responder situations. Including the sale announced today, Unity Wireless has recognized more than US$1 million from sales of this system since the company announced the project in March 2004. Systems sold to date have been primarily deployed for field trials with operators of commercial wireless networks. Sale into the government market is an attractive new business opportunity for the company.

Ilan Kenig, President and CEO of Unity Wireless, stated, ``We are pleased to see that our customer has begun to market this product to government communications customers after investing in the development and deployment of systems for operators of commercial wireless networks. As quite often happens in our industry, we start with the development of the product followed by the sale of tens of units, hundreds of units and ultimately thousands of units. This product is still very early in its lifecycle and we feel confident that revenue opportunities will continue to grow over the foreseeable future.``

About Unity Wireless, http://www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words ``believe,`` ``expect,`` ``feel,`` ``plan,`` ``anticipate,`` ``should`` and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:

Unity Wireless
Dallas Pretty
[phone]
[e-mail]

Osprey Partners
Mike Mulshine
[phone]
[e-mail]


--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Receives US$320,000 Purchase Order for Customer`s New Business Opportunity
Monday July 25, 9:11 am ET


BURNABY, British Columbia, July 25, 2005 (PRIMEZONE) -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers, and coverage enhancement solutions, announced today that it received a US$320,000 purchase order for power amplifiers from a North American-based tier-1 OEM (original equipment manufacturer) of wireless networks and telecommunications equipment.
ADVERTISEMENT


The power amplifiers ordered by this customer are the same model as power amplifiers Unity Wireless previously sold to this customer for incorporation into their CDMA base station, but are for a new end-user of this customer`s CDMA base station product and represents a new business opportunity for the customer. The previous sales of this product occurred in late 2004, when the customer bought approximately US$300,000 for a field trial, and in February 2005, when the customer bought approximately US$800,000 for their initial commercial deployment of CDMA base stations that incorporate product from Unity Wireless.

Ilan Kenig, president and CEO of Unity Wireless, stated, ``This is another example of a common sales cycle in our industry and illustrates how successful deployment by a customer can increase our revenue potential as they create new business opportunities in multiple markets for their products. Including the order announced today, this customer has now purchased and ordered approximately US$1.5 million of product for field trials and early commercial deployment. We believe that this product is very early in its life cycle and that revenue opportunities should continue to grow significantly.``

Unity Wireless has since qualified three additional products with this customer. All four are now generating revenue.

About Unity Wireless http://www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends, and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words ``believe,`` ``expect,`` ``feel,`` ``plan,`` ``anticipate,`` ``should,`` and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:

Unity Wireless
Dallas Pretty
[phone]
[e-mail]

Osprey Partners
Mike Mulshine
[phone]
[e-mail]

[Bombenleger]

Unity Wireless Ships CDMA 450 Coverage Enhancement Solution for 3G Cellular Operator Field Trial in Southeast Asia
Friday July 29, 7:00 am ET


BURNABY, British Columbia, July 29, 2005 (PRIMEZONE) -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, announced today that it shipped a comprehensive coverage enhancement solution to a Southeast Asian wireless 3G network operator for a live CDMA 450MHz TMA system field trial.
ADVERTISEMENT


The coverage enhancement solution kit from Unity Wireless will help this 3G network operator to enhance the uplink performance of its base station infrastructure. The kit includes tower mounted amplifiers (TMAs) and related accessories that help amplify incoming signals from cell phones, data cards and other subscriber devices. This improvement can lead to quality of service benefits including reduced bit error rates and reduced dropped or uncompleted calls. The improvement can also increase the ``talk time`` of subscriber devices, since these devices often consume less power to transmit their signals to the base station as a result of extra amplification of the incoming signal at the cell site.

Ilan Kenig, President and CEO of Unity Wireless, stated, ``We are pleased to report this field trial, which if successful could represent significant revenues for our coverage solutions group. CDMA 450 MHz networks were once viewed as a niche market, but are now an attractive opportunity because of the growing number of operators deploying these networks.``

About Unity Wireless http://www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words ``believe,`` ``expect,`` ``feel,`` ``plan,`` ``anticipate,`` ``should`` and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Unity Wireless Corporation
Dallas Pretty
[phone]
[e-mail]

Osprey Partners
Mike Mulshine
[phone]
[e-mail]


--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Completes Development and Implementation of Automated Test Equipment
Wednesday August 3, 10:30 am ET
Technology expected to increase gross margins and production capacity at head office


BURNABY, British Columbia, Aug. 3, 2005 (PRIMEZONE) -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, announced today that it has completed the development and implementation of new, state-of-the-art, automated test equipment at the Company`s headquarters. The Company expects that utilizing the new equipment will increase gross margins and production capacity.
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The process of manufacturing many of the wireless subsystems sold by Unity Wireless involves a complex testing procedure prior to delivery to the customer. This work is not handled by the Company`s contract manufacturer and is completed at the Company`s headquarters. By employing automated testing stations that are both constantly monitored and calibrated, many steps in this test procedure are now consolidated into one. This automation can significantly reduce the time required to physically test each unit and directly impacts both the cost per unit as well as production capacity.

Ilan Kenig, President and CEO of Unity Wireless, stated, ``We began a pilot program with this equipment earlier this year and were impressed with its efficiency in providing rapid, consistent and well documented test results. As we anticipate that many of the products we have qualified with existing customers will ship in greater volume, we expect that our new automated test equipment will have a positive effect on our business in both quality and financial terms.``

Photos of the new automated testing equipment can be found on our website at http://www.unitywireless.com and by selecting the ``Facility Images`` icon at the bottom of the home page.

About Unity Wireless, http://www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words ``believe,`` ``expect,`` ``feel,`` ``plan,`` ``anticipate,`` ``should`` and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Unity Wireless
Dallas Pretty
[phone]
[e-mail]

Osprey Partners
Mike Mulshine
[phone]
[e-mail]


--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Receives Power Amplifier Order for Customer`s New 450MHz Base Station
Monday August 8, 1:32 pm ET


BURNABY, British Columbia, Aug. 8, 2005 (PRIMEZONE) -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, announced today that it has received a US$75,000 order for a newly developed power amplifier solution from an existing US-based customer for deployment in their new base station product configuration at 450 MHz.
ADVERTISEMENT


Power amplifiers used in this customer`s base station are comprised of both hardware and software developed by Unity Wireless to provide a reliable, high performance and completely integrated solution that integrates easily into the customer`s base station design.

Ilan Kenig, President and CEO of Unity Wireless, stated, ``This order represents the beginning of a new deployment by this customer, whose project appears to be gaining momentum in several countries where we see significant market opportunities for 3G (third generation) wireless networks in the 450 MHz frequency band. As with many of our products, there is the potential for significantly larger orders if our customer makes sizable sales of its wireless infrastructure solution to end users. We are very fortunate to have established a relationship with this client over the last couple of years and look forward to supporting their new base station product.``

About Unity Wireless http://www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words ``believe,`` ``expect,`` ``feel,`` ``plan,`` ``anticipate,`` ``should`` and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Unity Wireless
Dallas Pretty
[phone]
[e-mail]

Osprey Partners
Mike Mulshine
[phone]
[e-mail]


--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Reports Results for the Second Quarter 2005
Thursday August 11, 9:00 am ET
Gross Margins Reach 29 Percent for Second Quarter; Revenue Up 30 Percent for 6-Month Period


BURNABY, British Columbia, Aug. 11, 2005 (PRIMEZONE) -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, reported today summary financial results for the three and six-month periods ended June 30, 2005.
ADVERTISEMENT


Revenues for the second quarter of 2005 were $1,716,888 compared to $2,063,198 in the same period in 2004. The gross margin of $492,862, or 28.7 percent, for the second quarter of 2005 represented an increase in gross margin from $229,224, or 11.1 percent, for the second quarter of 2004. Loss for the second quarter of 2005 was $1,365,404 compared to $757,823 for the same period in 2004. Net of stock-based compensation and other non-cash items of $749,950 and $197,461, respectively, loss for the second quarter of 2005 was $615,454 compared to $560,362 for the same period in 2004.

Revenues for the first six-months of 2005 were $3,684,458, up 30 percent, compared to $2,823,580 in the same period in 2004. The gross margin of $837,749, or 22.7 percent of net sales, for the first half of 2005 represented an increase from a gross margin of $496,264, or 17.6 percent of net sales, for the first half of 2004. Loss for the first six-months of 2005 was $2,543,579 compared to $1,420,725 for the same period in 2004. Net of stock based compensation and other non-cash items of $1,171,785 and $541,223, respectively, loss for the first six-months of 2005 was $1,371,794 compared to $879,502 for the same period in 2004. The major contributor to the increased loss was a 193 percent increase in research in development expenses, incurred mostly in the first quarter, as the Company accelerated new product development for time-sensitive customer opportunities. These expenditures raised research and development expenses above typical levels, and included costs to upgrade lab equipment and simulation tools, to increase outsourced contract engineering assignments and to purchase prototyping materials.

Ilan Kenig, President and CEO of Unity Wireless stated, ``We have been focusing on initiatives to reduce our costs and improve efficiencies in our manufacturing and testing processes and are proud to report that these initiatives have significantly contributed to our third sequential, quarter-over-quarter improvement in gross margins. If we are as successful at driving top line revenue growth, continue to capitalize on current product opportunities, and are able to maintain current levels of operating expenses and gross margins we will ultimately be rewarded by improved bottom line performance and profitability.``

The Company`s Form 10Q-SB for the period ended June 30, 2005 contains additional financial information, and can be accessed at the Company`s website or through the Securities and Exchange Commissions website at http://www.sec.gov.

About Unity Wireless http://www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words ``believe,`` ``expect,`` ``feel,`` ``plan,`` ``anticipate,`` ``should`` and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.

Non-GAAP Financial Information

This press release contains certain non-GAAP financial information as defined by the U.S. Securities Commission Regulation G. Pursuant to the requirements of this regulation, a reconciliation of this financial information to our financial statements as prepared under generally accepted accounting principles in the United States (GAAP) is included in this press release. Unity`s management believes that the disclosure of this non-GAAP financial information is useful to our investors and the investment community since certain non-cash charges and expenses may not be reflective of future expenses.



UNITY WIRELESS CORPORATION
CONSOLIDATED STATEMENT OF OPERATIONS
RECONCILIATION OF PRO FORMA RESULTS

--------------------------------------------------------------------
Three months ended
June 30,
2005
--------------------------------------------------------------------
Original Adjustment Pro Forma

Net sales $ 1,716,888 $ -- $ 1,716,888
Cost of goods sold 1,224,026 (8,762)(a) 1,215,264
--------------------------------------------------------------------
492,862 8,762 501,624

Expenses:
Research and development 530,197 (16,959)(a) 513,238
Government grant 25,753 -- 25,753
Sales and marketing 187,983 (15,609)(a) 172,374
Depreciation and
amortization 53,846 (53,846)(b) --
Exchange (gain) loss 66,982 -- 66,982
Interest expense,
excluding accretion of
interest and debt
settlement 76,273 (56,070)(c) 20,203
General and
administrative 463,091 (144,563)(a) 318,528
---------------------------------------------------------------------
1,404,125 (287,047) 1,117,078
---------------------------------------------------------------------
Operating loss
for the period (911,263) 295,809 (615,454)

Accretion of interest
and debt settlement (454,141) 454,141(d) --

Other income -- -- --
---------------------------------------------------------------------

Loss for the period $(1,365,404) $ 749,950 $ (615,454)

(a) -- This represents stock-based compensation.
(b) -- This represents costs related to the amortization
of equipment and intangible assets.
(c) -- This represents shares issued in settlement
of interest expense.
(d) -- This represents accretion of interest and debt
settlement related to convertible debentures.

--------------------------------------------------------------------
Three months ended
June 30,
2004
--------------------------------------------------------------------
Original Adjustment Pro Forma

Net sales $ 2,063,198 $ -- $ 2,063,198
Cost of goods sold 1,833,974 (8,201)(a) 1,825,773
---------------------------------------------------------------------
229,224 8,201 237,425

Expenses:
Research and development 395,732 (14,769)(a) 380,963
Government grant 30,948 -- 30,948
Sales and marketing 144,456 (21,862)(a) 122,594
Depreciation and
amortization 14,216 (14,216)(b) --
Exchange (gain) loss (15,682) -- (15,682)
Interest expense,
excluding accretion of
interest and debt
settlement 3,345 -- 3,345
General and
administrative 414,032 (138,413)(a) 275,619
---------------------------------------------------------------------
987,047 (189,260) 797,787
---------------------------------------------------------------------

Operating loss
for the period (757,823) 197,461 (560,362)

Accretion of interest
and debt settlement -- -- --

Other income -- -- --
---------------------------------------------------------------------

Loss for the period $ (757,823) $ 197,461 $ (560,362)

(a) -- This represents stock-based compensation.
(b) -- This represents costs related to the amortization
of equipment and intangible assets.
(c) -- This represents shares issued in settlement
of interest expense.
(d) -- This represents accretion of interest and debt
settlement related to convertible debentures.


UNITY WIRELESS CORPORATION
CONSOLIDATED STATEMENT OF OPERATIONS
RECONCILIATION OF PRO FORMA RESULTS

---------------------------------------------------------------------
Six Months Ended
June 30,
2005
---------------------------------------------------------------------

Original Adjustment Pro Forma

Net sales $ 3,684,458 $ -- $ 3,684,458
Cost of goods sold 2,846,709 (11,988)(a) 2,834,721
---------------------------------------------------------------------
837,749 11,988 849,737

Expenses:
Research and development 1,248,449 (37,284)(a) 1,211,165
Government grant 55,267 -- 55,267
Sales and marketing 262,274 39,459(a) 301,733
Depreciation and
amortization 93,912 (93,912)(b) --
Exchange (gain) loss 42,038 -- 42,038
Interest expense,
excluding accretion of
interest and debt
settlement 131,039 (79,527)(c) 51,512
General and
administrative 953,128 (393,312)(a) 559,816
---------------------------------------------------------------------
2,786,107 (564,576) 2,221,531
---------------------------------------------------------------------

Operating loss for the
period (1,948,358) 576,564 (1,371,794)

Accretion of interest
and debt settlement (595,221) 595,221(d) --

Other income -- -- --
---------------------------------------------------------------------

Loss for the period $(2,543,579) $ 1,171,785 $(1,371,794)

(a) -- This represents stock-based compensation.
(b) -- This represents costs related to the amortization
of equipment and intangible assets.
(c) -- This represents shares issued in settlement
of interest expense.
(d) -- This represents accretion of interest and debt
settlement related to convertible debentures.

---------------------------------------------------------------------
Six months ended
June 30,
2004
---------------------------------------------------------------------
Original Adjustment Pro Forma

Net sales $ 2,823,580 $ -- $ 2,823,580
Cost of goods sold 2,327,316 (9,120)(a) 2,318,196
---------------------------------------------------------------------
496,264 9,120 505,384
Expenses:
Research and development 648,105 (21,573)(a) 626,532
Government grant 42,354 -- 42,354
Sales and marketing 278,863 (47,446)(a) 231,417
Depreciation and
amortization 26,562 (26,562)(b) --
Exchange (gain) loss (1,349) -- (1,349)
Interest expense,
excluding accretion of
interest and debt
settlement 14,523 -- 14,523
General and
administrative 884,671 (399,129)(a) 485,542
---------------------------------------------------------------------
1,893,729 (494,710) 1,399,019
---------------------------------------------------------------------

Operating loss for the
period (1,397,465) 503,830 (893,635)

Accretion of interest
and debt settlement (37,393) 37,393(d) --

Other income 14,133 -- 14,133
---------------------------------------------------------------------

Loss for the period $(1,420,725) $ 541,223 $ (879,502)

(a) -- This represents stock-based compensation.
(b) -- This represents costs related to the amortization
of equipment and intangible assets.
(c) -- This represents shares issued in settlement
of interest expense.
(d) -- This represents accretion of interest and debt
settlement related to convertible debentures.



Contact:


Unity Wireless
Dallas Pretty
[phone]
[e-mail]

Osprey Partners
Mike Mulshine
[phone]
[e-mail]


--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Fully Integrated Front-End Wireless Subsystems are Being Deployed Along U.S. Gulf Coast to Support the Restoration of Wireless Communications Following Hurricane Katrina
Thursday September 8, 9:40 am ET


BURNABY, British Columbia, Sept. 8, 2005 (PRIMEZONE) -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, today announced that one of its U.S.-based tier-one telecom network OEM (original equipment manufacturer) customers has been purchasing the Company`s fully integrated RF (radio frequency) front-end compact wireless subsystems for immediate deployment along the U.S. Gulf Coast to support the restoration of wireless network communications services following the destruction caused by Hurricane Katrina.
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Ilan Kenig, President and CEO of Unity Wireless commented, ``We are working round the clock to produce as many of our systems that are required to help restore wireless coverage in the wake of the devastation caused by Hurricane Katrina. The compact IP-based fully integrated subsystems are easy to deploy, install and operate and are an ideal solution to restoring coverage. We are proud to be a partner with our OEM customer in doing what we can to help restore vital communication services to the area.``

The compact IP-based RF front-end wireless subsystems are used in modular CDMA base stations for CDMA2000 1X and 1xEV-DO networks. As a fully integrated product, all the components that make up a base station RF front-end are designed as one cohesive unit providing both performance efficiencies and cost benefits over conventional designs.

About Unity Wireless http://www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words ``believe,`` ``expect,`` ``feel,`` ``plan,`` ``anticipate,`` ``should`` and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Unity Wireless
Dallas Pretty
[phone]
[e-mail]

Osprey Partners
Mike Mulshine
[phone]
[e-mail]


--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Releases Updated Business Outlook for 2005
Monday September 26, 11:33 am ET


BURNABY, BC--(MARKET WIRE)--Sep 26, 2005 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, today released this summary of business activities and its outlook for the balance of 2005.
Highlights

-- 2005 Revenues up 30% in the first six months over 2004, as previously
reported
-- Expenses stabilized across the company
-- Record number of products qualified with customers in multiple
configurations
-- New coverage enhancement solutions product line - first field trials
now underway with cellular operators
-- Consolidation in the market this year and last has created a rare
window of opportunity for Unity Wireless in the marketplace
ADVERTISEMENT


Ilan Kenig, President and CEO of Unity Wireless, commented, "Our biggest asset is the relationship we have with our customers, having earned our way over time into very strategic supply positions. Qualifying our products for volume manufacturing has meant a tremendous investment of both time and money on behalf of both us and our customers. This investment is not made lightly as the development of any new project by our customers must meet their business case to justify the resources required. For us, the business case must include significant potential for large production volume.

"Unity Wireless develops custom made solutions for its customers. During the development and qualification process we work very closely with our customers` engineering teams. Successfully completing projects requires intensive efforts by both sides and it is not a case where we develop a solution and someone else gets the business. The simple fact is that when our customers make the sales and are shipping, we are shipping.

"The industry is large. Our customers are large. The projects are large. If our customers gain traction in their respective opportunities, their efforts should contribute to strong growth for Unity Wireless, since our products are an integral part of the wireless networks developed and sold by our customers.

"The significant consolidation of competitors in our industry during the last two years has served to create a vacuum. Customers now have fewer choices of suppliers of products like those Unity Wireless develops. This has opened a rare window of opportunity for Unity Wireless as the Company is forming alliances both here and abroad with companies also looking to capitalize on the void left in the supply chain due to this consolidation. The quality and caliber of potential customers and partners currently discussing new opportunities are more substantial than ever before in our history.

"The increase in sales year-over-year represents the progress our customers are making with their marketing efforts that we expect will eventually lead to much more significant production volume orders for Unity Wireless. While forecasting revenue is challenging in our industry, since it is based entirely on the forecasts made by the customers, we think that becoming a significant player in our marketplace is more a question of when, not if," concluded Mr. Kenig.

While the industry roll-out of new 3G wireless networks based on CDMA and WCDMA is still in progress, it appears that new broadband wireless networks based on OFDM or Flash-OFDM standards are strong contenders for greater mass-market deployments over the next few years. Unity Wireless has multiple products qualified with its OEM (original equipment manufacturer) customers in the most widely used commercial wireless standards for mobile or fixed wireless communications.

In planning for the future, earlier this year the Company split its business development initiatives into two main areas. The OEM Solutions Group is focused on custom designed solutions for developers and manufacturers of wireless networks. The Operator Solutions Group is focused primarily on more `off-the-shelf` coverage enhancement solutions for operators of wireless networks. These two groups have different sales strategies and customer support requirements, but are singularly focused on delivering products that exceed our customer`s expectations of performance and value.

The Company is now shipping products on a regular basis to OEMs, including ZTE Corporation, UTStarcom, Lucent, QUALCOMM and Flarion, among others. Work is underway on developing products for several more internationally recognized tier-one and tier-two OEM customers and before the end of this year, the Company expects to have several more products qualified for volume production.

Focus on products for the OEM Solutions Group has also begun to change. Many of the most recent new product opportunities involve much more complex system developments in both hardware and software integration, where before Unity Wireless would be tasked to make just a single component. The Company has added the experienced personnel that can allow the Company to respond to a much greater breadth of project opportunities than ever before.

The Operator Solutions Group has already started to generate some momentum toward contributing revenue this year. The Company`s first field trial of coverage enhancement solutions products is now underway with a 3G wireless network operator in Southeast Asia, and several more opportunities are being pursued in the region. The Company also expects to begin the process of field trials with several North America-based wireless network operators before the end of the year. Based on initial presentations to these customers, Unity Wireless is optimistic that sales to this new market opportunity will begin prior to year-end.

Dallas Pretty, Chief Financial Officer, commented that, "We expect that present staffing levels should substantially support all current projects in development and growth in both development and production orders anticipated through 2006. We have streamlined and enhanced our ability to quickly respond to the needs of our customers by automating some of the more complex and time consuming elements of the manufacturing process as well as working with every link in our supply chain to shorten our lead-times and optimize our production process. With these elements of our operations now in place, we expect that the Company will become cash flow positive when quarterly revenues exceed $3 million."

About Unity Wireless www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
For More Information Contact:
Dallas Pretty
CFO
Unity Wireless
[phone]
Email Contact

Mike Mulshine
Osprey Partners
[phone]
Email Contact



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Awarded Development Project by New North American-Based Tier-One Customer
Tuesday September 27, 12:44 pm ET


BURNABY, BC--(MARKET WIRE)--Sep 27, 2005 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, announced today that it has received its first development order on a new product for a large, North American-based tier-one telecom company.
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Ilan Kenig, President and CEO of Unity Wireless commented, "This is the first project from a very large customer that we directly attribute to the void in our market left by recent industry consolidation. In many instances, former strategic suppliers to our customers and potential customers have become competitors of these customers, and customers are seeking alternative partners to meet their wireless subsystem needs over the long-term. We aim to take advantage of this window of opportunity to gain traction with new customers -- such as the customer that awarded us the development order we`re announcing today -- relatively quickly."

The product announced today could represent meaningful revenue in 2006 if the product is qualified for production at year-end when Unity expects to complete development.

About Unity Wireless www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.



Contact:
For More Information Contact:
Dallas Pretty
CFO
Unity Wireless
[phone]
Email Contact

Mike Mulshine
Osprey Partners
[phone]
Email Contact



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Named One of Canada`s Fastest Growing Technology Companies in 2005 Deloitte Canadian Technology Fast 50 Program
Friday September 30, 1:57 pm ET


BURNABY, British Columbia, Sept. 30, 2005 (PRIMEZONE) -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, has been named to Deloitte`s prestigious Canadian Technology Fast 50, the annual program which recognizes excellence, innovation and the fastest growing tech companies in Canada. Rankings are based on percentage of growth in fiscal year revenues over five years, from 2000-2004.
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Ilan Kenig, President and CEO of Unity Wireless commented, ``We are proud to have been named to the Fast 50 list for the second time in three years. Given that we feel our most significant growth is still ahead of us, we look forward to see how we continue to rank among our peers in Canada while continuing to contribute to the growth of the wireless community in BC as an increasingly larger exporter of great Canadian technology.``

Unity Wireless` increase in revenues of 828.13 percent from 2000 to 2004 resulted in a 18th ranking overall in the Canadian Technology Fast 50.

``The Deloitte Canadian Technology Fast 50 companies have shown the strength, vision and temerity to succeed despite a very challenging technology environment,`` said Garry Foster, National Director, Technology, Media & Telecommunications, Deloitte. ``We applaud the successes of Unity Wireless and acknowledge their place as one of the very few to accomplish such a fast growth rate over the past five years.``

Winners of the 15 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America`s top 500 fastest growing technology companies. For more information on the Fast 50 or Fast 500 programs visit http://www.fast50.ca or http://www.fast500.com.

About Deloitte

Deloitte, one of Canada`s leading professional services firms, provides audit, tax, consulting, and financial advisory services through more than 6,100 people in 47 offices. Deloitte operates in Quebec as Samson Belair/Deloitte & Touche s.e.n.c.r.l. The firm is dedicated to helping its clients and its people excel. Deloitte is the Canadian member firm of Deloitte Touche Tohmatsu. Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other`s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names ``Deloitte,`` ``Deloitte & Touche,`` ``Deloitte Touche Tohmatsu,`` or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

About Unity Wireless http://www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.



Contact:
Unity Wireless
Dallas Pretty, CFO
[phone]
[e-mail]

Osprey Partners
Mike Mulshine
[phone]
[e-mail]


--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Victor Halpert Joins Ariel Way Board of Directors
Thursday October 13, 10:28 am ET


VIENNA, Va., Oct. 13 /PRNewswire-FirstCall/ -- Ariel Way, Inc. (OTC Bulletin Board: AWYI - News), a technology and services provider for highly secure global communications solutions and technologies, announced today that Victor Halpert has been appointed as an independent director. Halpert was also designated chairman of the company`s audit and finance committees.
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Arne Dunhem, Ariel Way chairman and CEO, said, "We are very pleased that Victor has agreed to join our board as an independent director. He has an excellent background and experience in debt and equity investment banking, and he has strong working relationships with major technology and emerging markets institutional investors. He is also highly experienced in board work from both public and private technology companies, and we believe he will bring a strong work ethic, ethical judgment and an independent voice to our board of directors."

Halpert said, "I am pleased to become part of Ariel Way in my position as outside board member and chairman of the audit and finance committees. Arne and his team have accomplished a great deal in the past several months, and I look forward to assisting the continued growth of Ariel Way in 2005 and beyond."

Halpert is the managing member of a hedge fund, Halpert Capital, LLC. Prior to founding Halpert Capital, LLC, he was a director of equity research at Salomon Smith Barney, a division of Citigroup, focusing on technology companies from 1999-2003. At Salomon, Halpert managed a highly ranked team (based on Institutional Investor and Extel surveys), covering U.S.-listed technology companies. Halpert has published numerous research reports, including regular reviews and earnings reports, in-depth industry analysis and market comments on dozens of companies. He has maintained strong working relationships with major technology and emerging markets institutional investors. He led efforts in obtaining debt and equity investment banking mandates to more than $2 billion in capital raising, and he assisted in more than $2 billion of M&A transactions. Prior to Salomon, Halpert was a vice president at Robertson Stephens. At Robertson Stephens, Halpert managed a successful equity research team, covering telecommunications hardware and software companies from 1998-1999. Prior to that, between 1995 and 1997, he was vice-president of equity research for Salomon Brothers in London and New York and was a senior equity research analyst at Israel Equity Research & Management in Chicago.

Halpert is on the board of directors of Top Image Systems (Nasdaq: TISA - News), Unity Wireless (OTC Bulletin Board: UTYW - News) and Israel Technology Acquisition (OTC Bulletin Board: ISLT - News). In addition, Halpert is a board member of a number of U.S.-based private companies. Halpert has a bachelor`s of science degree in Accounting from State University of New York, College at New Paltz, NY, a master`s of science in accounting from the University of Illinois at Chicago, Graduate Business School and an M.B.A. from the University of Chicago Graduate Business School.

About Ariel Way

Ariel Way is a technology and services company providing highly secure global communications solutions and technologies. The company is focused on developing innovative and secure technologies, acquiring and growing advanced emerging technology companies and national and global communications service providers. The company also intends to create strategic alliances with companies with complementary product lines and service industries. More information about Ariel Way can be found at http://www.arielway.com .



A profile on Ariel Way can be found at
http://www.hawkassociates.com/arielway/profile.htm .


An online investor relations kit containing Ariel Way press releases, SEC filings, current Level II price quotes, interactive Java stock charts and other useful investor relations information can be found at http://www.americanmicrocaps.com . Investors may contact Frank Hawkins or Julie Marshall, Hawk Associates, at [phone], e-mail: [e-mail] .

Forward-Looking Statements: Certain statements made in this press release concerning Ariel Way, Inc. and its future operations and acquisitions are forward-looking statements. Although such statements are based on current expectations, they are subject to a number of future uncertainties and risks, and actual results may differ materially. The uncertainties and risks include, but are not limited to, the acquisition of the private company Ariel Way, Inc. and additional potential acquisitions and the ability of the public company Ariel Way, Inc. to execute effectively its business plan and develop a successful business. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to beliefs, plans, expectations, anticipations or intentions regarding the future. The company assumes no obligation to update information concerning the forward-looking statements contained herein.




--------------------------------------------------------------------------------
Source: Ariel Way, Inc.

[Bombenleger]

Unity Wireless Licenses QUALCOMM`s RepeaterOne CDMA and WCDMA Repeater Technology
Thursday October 20, 10:28 am ET


BURNABY, British Columbia, Oct. 20, 2005 (PRIMEZONE) -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, today announced that it has signed a repeater license agreement with QUALCOMM Incorporated (NasdaqNM:QCOM - News). The royalty bearing agreement grants Unity Wireless rights to develop products based on QUALCOMM`s RepeaterOne(tm) technology.
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Ilan Kenig, President and CEO of Unity Wireless commented, ``RepeaterOne has many distinctive capabilities that benefit cellular operators deploying 3G wireless networks using WCDMA or CDMA2000 1X and 1xEV-DO standards, as well as for operators of CDMAOne networks. The RepeaterOne technology enables smart solutions for wireless network coverage enhancement in addition to measurement of call traffic through the repeater -- all at highly attractive price points. We anticipate that this new family of products will begin to contribute significantly to our 2006 sales.``

A repeater is part of the wireless network infrastructure and is often used to augment signal coverage at the edges of a cell, or in cases where terrain, such as valleys or buildings, limit the signals sent and received by a Base Transceiver Station (BTS). Repeaters are also used to augment cellular coverage inside buildings where signals from an outdoor BTS may not provide optimal performance due to the challenges of signals penetrating the building envelope. Where improved signal coverage is desired, repeaters can be deployed in these areas at a fraction of the cost of a BTS, making them a cost-effective method of improving signal coverage.

Richard Dean, Vice President of Engineering at QUALCOMM, commented, ``We are pleased that Unity Wireless has chosen to license our RepeaterOne technology and welcome them as part of our distinguished group of worldwide licensees. Unity Wireless is taking the initiative to provide its customers with leading-edge technology and we look forward to supporting them in their efforts to make RepeaterOne the industry standard for repeaters in 3G CDMA networks.``

About QUALCOMM

QUALCOMM Incorporated (http://www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P 500 Index and is a 2005 FORTUNE 500(r) company traded on The Nasdaq Stock Market(r) under the ticker symbol QCOM.

QUALCOMM and RepeaterOne(tm) are registered trademarks of QUALCOMM Incorporated.

About Unity Wireless (http://www.unitywireless.com)

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words ``believe,`` ``expect,`` ``feel,`` ``plan,`` ``anticipate,`` ``should`` and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:

Unity Wireless Corp.
Dallas Pretty, CFO - Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]


--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Ships Coverage Enhancement Systems to Two Large North-American Wireless Network Operators for Evaluation and Field Trials
Thursday November 10, 3:45 pm ET


BURNABY, BC--(MARKET WIRE)--Nov 10, 2005 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions systems, today announced that it has shipped coverage enhancement systems to two large North-American wireless network operators for evaluation and field trials.
ADVERTISEMENT


Ilan Kenig, President and CEO of Unity Wireless, commented, "This is a milestone for us as we have built relationships with these large network operators to the point where they have committed to take the initiative, time and effort to qualify our products for use in their networks. If we successfully qualify our systems with these customer we will have the opportunity to generate greater sales for our coverage enhancement solution business segment."

The evaluations disclosed in this release are of the Company`s Tower Mounted Amplifiers (TMA) and related accessories. These products are part of the Coverage Enhancement Solutions product line from Unity Wireless. This family of products is used by operators of wireless networks to improve cellular network coverage, enhance call capacity and provide optimal data throughput for their customers.

About Unity Wireless www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Unity Wireless Contacts:
Dallas Pretty
CFO - Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp

[Bombenleger]

Unity Wireless Reports Results for the Third Quarter 2005
Monday November 14, 10:38 am ET


BURNABY, BC--(MARKET WIRE)--Nov 14, 2005 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, reported today summary financial results for the three and nine-month periods ended September 30, 2005.
ADVERTISEMENT


Revenue for the third quarter ended September 30, 2005 was $949,700 compared to $1,027,160 in the same period in 2004. The gross margin of $201,865, or 21.26%, for the third quarter of 2005 declined from a gross margin of $223,590, or 21.76%, for the third quarter of 2004. Loss for the third quarter of 2005 was $1,017,538 compared to $605,447 for the same period in 2004. Net of stock based compensation and other non-cash expenses of $390,805 in the 2005 period and $165,099 in the 2004 period, loss for the third quarter of 2005 was $626,733 compared to $440,348 for the same period in 2004.

Revenue for the nine-month period ended September 30, 2005 was $4,634,158, up 20.34%, compared to $3,850,740 in the same period in 2004. The gross margin of $1,039,614, or 22.43% of net sales, for the nine month period ended of 2005 increased from a gross margin of $719,854, or 18.69% of net sales, for the nine month period ended of 2004. Loss for the nine-month period was $3,561,117 compared to $2,026,172 for the same period in 2004. Net of stock based compensation and other non-cash expenses of $1,562,590 in the 2005 period and $706,322 in the 2004 period, loss for the nine-month period was $1,998,527 compared to $1,319,850 for the same period in 2004.

Ilan Kenig, President and CEO of Unity Wireless, stated, "Revenues were lower than anticipated because certain expected orders were postponed. We did, however, increase the scope of our potential growth as we diversified both our product portfolio and customer base. Several products are now qualified for multiple base station configurations with multiple OEM customers and are ready for ramp-up when we receive production orders. Our Operator Solutions Group has several evaluation and field trials underway in North America for our tower mounted amplifier (TMA) products, and the Group is also developing new coverage solutions for specific customer opportunities in North America and Europe. We feel that penetrating the operator market segment with these products in a meaningful way can be accomplished more quickly than it has taken to penetrate the OEM market."

The Company`s Form 10Q-SB for the period ended September 30, 2005 contains additional financial information, and can be accessed at the Company`s website or through the Securities and Exchange Commissions website at www.sec.gov.

About Unity Wireless www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.

Non-GAAP Financial Information

This press release contains certain non-GAAP financial information as defined by the U.S. Securities Commission Regulation G. Pursuant to the requirements of this regulation, a reconciliation of this financial information to our financial statements as prepared under generally accepted accounting principles in the United States (GAAP) is included in this press release. Unity`s management believes that the disclosure of this non-GAAP financial information is useful to our investors and the investment community since certain non-cash charges and expenses may not be reflective of future expenses.

Three months ended
------------------
September 30, 2005
Original Adjustment Pro-Forma

Net sales $ 949,700 $ - $ 949,700
Cost of goods sold 747,835 (6,165)(a) 741,670
----------- ----------- -----------
201,865 6,165 208,030

Expenses:
Research and development 393,744 (9,001)(a) 384,743
Government grant 14,245 - 14,245
Sales and marketing 134,573 (9,091)(a) 125,482
Depreciation and amortization 79,546 (79,546)(b) -
Exchange (gain) loss (6,909) - (6,909)

Interest expense, excluding
accretion of interest and
debt settlement 72,838 (57,632)(c) 15,206
General and administrative 415,389 (113,393)(a) 301,996
----------- ----------- -----------
1,103,426 (268,663) 834,763
----------- ----------- -----------

Operating loss for the
period (901,561) 274,828 (626,733)

Accretion of interest and
debt settlement (115,977) 115,977(d) -

Other income - - -
----------- ----------- -----------

Loss for the period ($ 1,017,538) $ 390,805 ($ 626,733)

(a) -- This represents stock-based compensation.
(b) -- This represents costs related to the amortization of equipment
and intangible assets.
(c) -- This represents shares issued in settlement of interest expense.
(d) -- This represents accretion of interest and debt settlement related
to convertible debentures.



Three months ended
------------------
September 30, 2004
Original Adjustment Pro-Forma

Net sales $ 1,027,160 $ - $ 1,027,160
Cost of goods sold 803,570 (5,608)(a) 797,962
----------- ----------- -----------
223,590 5,608 229,198

Expenses:
Research and development 243,524 (8,043)(a) 235,481
Government grant 15,407 - 15,407
Sales and marketing 96,207 8,638 (a) 104,845
Depreciation and amortization 15,812 (15,812)(b) -
Exchange (gain) loss 69,628 - 69,628

Interest expense, excluding
accretion of interest and
debt settlement 26,843 - (c) 26,843
General and administrative 341,651 (124,192)(a) 217,459
----------- ----------- -----------
809,072 (139,409) 669,663
----------- ----------- -----------

Operating loss for the period (585,482) 145,017 (440,465)

Accretion of interest and debt
settlement (20,082) 20,082(d) -

Other income 117 - 117
----------- ----------- -----------


Loss for the period ($ 605,447) $ 165,099 ($ 440,348)
----------- ----------- -----------

(a) -- This represents stock-based compensation.
(b) -- This represents costs related to the amortization of equipment
and intangible assets.
(c) -- This represents shares issued in settlement of interest expense.
(d) -- This represents accretion of interest and debt settlement related
to convertible debentures.


UNITY WIRELESS CORPORATION
CONSOLIDATED STATEMENT OF OPERATIONS
RECONCILIATION OF PRO FORMA RESULTS

Nine months ended
------------------
September 30, 2005
Original Adjustment Pro-Forma

Net sales $ 4,634,158 $ - $ 4,634,158
Cost of goods sold 3,594,544 (18,153)(a) 3,576,391
----------- ----------- -----------
1,039,614 18,153 1,057,767

Expenses:
Research and development 1,642,193 (46,285)(a) 1,595,908
Government grant 69,512 - 69,512
Sales and marketing 396,847 30,368(a) 427,215
Depreciation and
amortization 173,458 (173,458)(b) -
Exchange (gain) loss 35,129 - 35,129
Interest expense, excluding
accretion of interest and
debt settlement 203,877 (137,159)(c) 66,718
General and administrative 1,368,517 (506,705)(a) 861,812
----------- ----------- -----------
3,889,533 (833,239) 3,056,294
----------- ----------- -----------

Operating loss for the
period (2,849,919) 851,392 (1,998,527)

Accretion of interest and
debt settlement (711,198) 711,198(d) -

Other income - - -
----------- ----------- -----------

Loss for the period ($ 3,561,117) $ 1,562,590 ($ 1,998,527)

(a) -- This represents stock-based compensation.
(b) -- This represents costs related to the amortization of equipment and
intangible assets.
(c) -- This represents shares issued in settlement of interest expense.
(d) -- This represents accretion of interest and debt settlement related
to convertible debentures.



Nine months ended
------------------
September 30, 2004
Original Adjustment Pro-Forma

Net sales $ 3,850,740 $ - $ 3,850,740
Cost of goods sold 3,130,886 (14,728)(a) 3,116,158
----------- ----------- -----------
719,854 14,728 734,582


Expenses:
Research and development 891,629 (29,616)(a) 862,013
Government grant 57,761 - 57,761
Sales and marketing 373,471 (38,808)(a) 334,663
Depreciation and amortization 42,374 (42,374)(b) -
Exchange (gain) loss 68,279 - 68,279
Interest expense, excluding
accretion of interest and
debt settlement 41,366 - (c) 41,366
General and administrative 1,227,921 (523,321)(a) 704,600
----------- ----------- -----------
2,702,801 (634,119) 2,068,682
----------- ----------- -----------
Operating loss for the
period (1,982,947) 648,847 (1,334,100)

Accretion of interest and
debt settlement (57,475) 57,475(d) -

Other income 14,250 - 14,250
----------- ----------- -----------

Loss for the period ($ 2,026,172) $ 706,322 ($ 1,319,850)


(a) - This represents stock-based compensation.
(b) - This represents costs related to the amortization of equipment and
intangible assets.
(c) - This represents shares issued in settlement of interest expense.
(d) - This represents accretion of interest and debt settlement related
to convertible debentures.



Contact:
For More Information Contact:
Dallas Pretty
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp

[Bombenleger]

Unity Wireless Signs Three Year Master Supply Agreement With North American-Based Tier-1 OEM Customer -- Expected Revenue to Exceed US$3.5 Million for the First Product in the Agreement`s Initial 12 Month Period
Thursday December 15, 9:45 am ET


BURNABY, BC--(MARKET WIRE)--Dec 15, 2005 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, today announced that it has signed a Master Supply Agreement with a North American-based Tier-1 OEM (original equipment manufacturer). The agreement covers delivery, pricing, warranty and other commercial details for power amplifiers that the customer may buy from Unity Wireless over the next three years.

Based on the customer`s production forecast, Unity Wireless expects revenue under the agreement to exceed US$3.5 million for the first product expected to be shipped in volume over the agreement`s initial 12-month period. The customer`s forecast is based on its initial deployment of systems for sales it has made in several European markets.

Ilan Kenig, President and CEO of Unity Wireless, commented, "This Master Supply Agreement is the result of a close partnership we developed with this customer over several years. We are delighted to have reached this significant milestone as it reflects substantial investment by both sides for engineering and product development. We look forward to expanding our relationship if this customer secures sales in additional territories and for different product configurations."

Rick Byrd, Senior Director of Business Development at Unity Wireless, said, "The customer`s production forecast for its initial European sales demonstrates that even initial deployments can generate considerable revenue opportunities for us. This agreement, and its expected initial revenue, also demonstrate the benefit of highly integrating our products into a customer`s systems -- so that when they win significant business -- so can we."

About Unity Wireless www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Unity Wireless Contacts:

Dallas Pretty
CFO - Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp

[Bombenleger]

Unity Wireless Receives Purchase Orders From an Existing North American Tier-One OEM Customer
Thursday December 22, 9:45 am ET


BURNABY, BC--(MARKET WIRE)--Dec 22, 2005 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, today announced that it has received two purchase orders from an existing customer that is a North American-based tier-one original equipment manufacturer of wireless networks.
One purchase order is for product that the Company previously developed for this customer. The second order is for the development of a new wireless subsystem. The combined orders are valued at US$66,000 and are scheduled to ship in the first quarter of 2006.

Ilan Kenig, President and CEO of Unity Wireless, commented, "This customer`s ongoing demand for current product, as well as their desire to have us develop additional products for them, signals to us that we are making progress on winning more business with this customer moving forward."

About Unity Wireless www.unitywireless.com

ADVERTISEMENT


Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Unity Wireless Contacts:
Dallas Pretty, CFO
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp

[Bombenleger]

Unity Wireless Receives Purchase Order From a Japanese Tier-One OEM to Supply 3G Multi-Carrier Power Amplifiers
Tuesday January 3, 9:45 am ET


BURNABY, BC--(MARKET WIRE)--Jan 3, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, today announced that it has received a purchase order for 3G multi-carrier power amplifiers that utilize Unity Wireless` proprietary efficiency enhancement technology. The power amplifiers will be evaluated in a second phase of product qualification for a 3G base station configuration that is being developed by the customer, a Japanese tier-one original equipment manufacturer (OEM) and developer of communications solutions and information technology products.
ADVERTISEMENT


Ilan Kenig, President and CEO of Unity Wireless, commented, "This order represents two significant milestones in our business development strategy. It supports our decision to develop `greener` technology that improves the energy efficiency of power amplifiers and is beneficial both commercially and environmentally. It is also a milestone that our first penetration into this new market is to a leading Japanese base station manufacturer that traditionally focuses on local supply."

Power amplifiers used in commercial wireless network base stations are typically inefficient in power consumption. Improvements in energy efficiency can translate into meaningful financial savings to a network that operates this equipment 24/7.

"We are glad that after two years of careful testing, our customer made its strategic decision to move toward qualifying our efficiency-enhancing technology in a 3G base station configuration," added Raffi Antepyan, CTO at Unity Wireless.

About Unity Wireless www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Unity Wireless Contacts:
Dallas Pretty
CFO - Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp

[Bombenleger]

Unity Wireless Receives Purchase Order From China`s ZTE Corporation
Thursday January 5, 12:31 pm ET


BURNABY, BC--(MARKET WIRE)--Jan 5, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, today announced that it has received a purchase order from China`s ZTE Corporation for a new product that ZTE recently qualified for production. The order is scheduled to ship in the first quarter 2006.
Ilan Kenig, President and CEO of Unity Wireless commented, "Our recent qualification of this product for a new ZTE base station configuration has increased our addressable market opportunities for this important customer."

About Unity Wireless www.unitywireless.com

ADVERTISEMENT


Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Unity Wireless Contacts:
Dallas Pretty
CFO - Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp

[Bombenleger]

Unity Wireless Receives $1.2 Million Purchase Order for Power Amplifiers Under Recently Announced Master Supply Agreement
Wednesday January 11, 10:26 am ET


BURNABY, BC--(MARKET WIRE)--Jan 11, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, today announced that it has received a $1.2 million purchase order from a North American tier-one wireless equipment OEM (original equipment manufacturer). This is the first order that Unity Wireless has received under a recently announced master supply agreement with this customer.
About Unity Wireless www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.



Contact:
Unity Wireless Contacts:
Dallas Pretty
CFO
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp

[Bombenleger]

Unity Wireless Receives US$770,000 Order for Products to Support WiMax and Fixed Wireless Systems
Wednesday January 18, 9:45 am ET


BURNABY, BC--(MARKET WIRE)--Jan 18, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of integrated wireless subsystems, power amplifiers and coverage enhancement solutions, today announced that it has received a purchase order from a current North American-based OEM customer for US$770,000 in wireless products deliverable over the next 12-months. The customer will purchase these products to support WiMax and fixed wireless deployments in 2006.
About Unity Wireless www.unitywireless.com

Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.



Contact:
Unity Wireless Contacts:
Dallas Pretty
CFO
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp

[Bombenleger]

Unity Wireless Retains The Investor Relations Group of New York
Friday February 3, 9:17 am ET


BURNBABY, B.C.--(BUSINESS WIRE)--Feb. 3, 2006--Unity Wireless Corporation (OTCBB: UTYW - News) has retained The Investor Relations Group, Inc. (IRG), based in New York City, to serve as its financial relations and corporate communications firm. IRG`s mandate will be to increase investor awareness of Unity Wireless within the North American markets. The Company`s retention of IRG is part of its continuing investor relations efforts.
ADVERTISEMENT


Ilan Kenig, President and CEO of Unity Wireless, commented, "By focusing on advanced technology and close customer relationships, we are attracting a growing list of tier-one and tier-two customers. We are now at the point where we need the support of a full-time investor relations firm to assist us in communicating news to our stockholders and to raise the profile of the company within the investment community. We are pleased to have hired IRG to represent us."

Effective today, investor inquiries relating to the Company may be directed to The Investor Relations Group, New York, N.Y., Telephone: [phone], Fax: [phone].

About Unity Wireless Corporation

Unity Wireless is a leading ISO 9001:2000 certified developer of integrated RF (radio frequency) subsystem solutions for wireless communications networks. Integrated RF subsystems are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless delivers RF subsystem solutions for the networks of today and tomorrow. The Company`s integrated subsystems, single-carrier and multi-carrier power amplifier products deliver world-class efficiency and performance with field-proven quality and reliability in thousands of base stations and repeaters around the world. For more information please visit www.unitywireless.com.

About The Investor Relations Group, Inc.

The Investor Relations Group, Inc., (IRG) founded in 1996, represents select publicly traded companies, with a unique specialization for assisting those in the small-cap sector. IRG is a full-service corporate communications company offering services for its portfolio companies that include shareholder communications and serving as primary contact for the investing community. IRG also houses a full-service public relations arm that specializes in building awareness of its companies. For further information, please visit the company`s website at www.investorrelationsgroup.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Relations Group, Inc.
Vince Daniels/James Carbonara
212-825-3210

--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless to Acquire Wireless Broadband System Developer and Supplier
Friday February 10, 8:00 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--Feb. 10, 2006--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of wireless systems and coverage-enhancement solutions, has signed a definitive agreement to acquire Israeli-based Avantry Ltd. Avantry develops and supplies wireless point-to-point microwave radio-for-broadband backhaul solutions for wireless and wireline communications networks.
ADVERTISEMENT


The acquisition, which is subject to certain standard terms and conditions, will broaden the Unity Wireless product line and customer base and will allow for cross-selling opportunities that are expected to increase revenues. The Company believes that revenues from the acquisition, combined with an expected increase in worldwide sales in its existing core business, could result in 2006 revenues that are significantly greater than those generated in fiscal 2005. In addition, joint-integration initiatives are expected to bring the Company closer to profitability. The combination of certain sales, marketing and product distribution activities is expected to help reduce overhead costs and create better operational efficiency throughout the entire organization.

The prospective acquisition of Avantry will bring to Unity Wireless a broad transmission product line that integrates microwave radio systems aimed at carrying flexible combinations of SDH, PDH voice and data and Ethernet traffic. Avantry systems are widely installed and supported in more than 25 countries through an extensive network of VARs, distributors and OEM`s. Its customer base includes major national cellular and fixed-network operators, ISPs, and a variety of enterprises, government agencies and prestigious vendors.

The purchase agreement provides for a purchase price of $1,750,000 in notes that are convertible at $0.25 per share and are due April 15, 2007, and 600,000 warrants that are exercisable at $0.40 per share. The transaction has been approved by the boards of directors of both companies, and is expected to close within 90 days.

Ilan Kenig, President and CEO of Unity Wireless, commented, "Avantry`s products complement our coverage-solutions business by offering proven, carrier-grade wireless backhaul solutions in addition to offering a line of scalable voice and data transmission solutions for both OEM and enterprise customers. According to published market research, the market for this equipment is expected to exceed $5 billion this year. Entering this market through the acquisition of Avantry, with its mature product lines, should help us accelerate our top-line growth as we can now provide a broader line of products to new and existing customers. I am pleased to welcome Avantry`s excellent team into the Unity Wireless family."

"Our team is excited about this transaction and looks forward to making a positive contribution to the success of Unity Wireless," said Avantry CEO Dror Wertman. "We feel that the business cultures of the organizations are well aligned, which should facilitate a rapid and smooth integration of our business. Together, we are positioned to grow our business in new markets and with new opportunities, while the combined customer and revenue base adds up to a very respectable organization."

Benny Maidan, Partner of venture capital company Formula Ventures and current Chairman of Avantry, added, "While Avantry is gaining commercial market share on its own, we definitely see the benefit the combination, with its inherent synergies, could have on accelerating Avantry`s growth. Furthermore, we have significant confidence in Ilan and his team at Unity Wireless to successfully integrate Avantry`s dedicated individuals and management team into an organization positioned to capitalize on the many opportunities in the wireless markets."

About Avantry (www.avantry.com)

Avantry is a leader in the area of advanced broadband business transmissions. With solid technological foundations in digital microwave radio, optical and Ethernet networking, Avantry enables rapid and cost-effective high-capacity network connectivity for mobile cellular infrastructure, fixed networks, private networks and enterprises.

About Unity Wireless (www.unitywireless.com)

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. The products that Unity Wireless develops and sells are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile, and from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in thousands of wireless products around the world.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisition of Avantry, difficulty in integrating Avantry, inability to raise the funds necessary for the Company`s continued operations, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company`s most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
The Investor Relations Group
Vince Daniels or James Carbonara, 212-825-3210
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]

--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Form 8-K for UNITY WIRELESS CORP


--------------------------------------------------------------------------------

17-Feb-2006

Entry into Material Agreement, Financial Statements and Exhibits



ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
Effective February 15, 2006, the Company entered into a merger agreement (the "Agreement") dated February 7, 2006 with Avantry Ltd., an Israeli corporation ("Avantry"), for the merger of Avantry into Unity Wireless Microwave Systems Ltd., a newly formed Israeli corporation that is wholly owned by Unity Wireless Corporation ("Unity Wireless").

At the closing Unity will issue to the shareholders of Avantry convertible promissory notes of Unity (the "Notes") in the aggregate principal amount of USD $1,750,000 and warrants to purchase an aggregate of 600,000 shares of common stock at an exercise price of USD $.40 a share (the "Warrants"). Both the form of Notes and the form of Warrants are attached as exhibits to the Agreement.
Unity will also guaranty certain liabilities of Avantry at the Closing.

The agreement contains standard representations and warranties. Certain shareholders of Avantry have agreed to indemnify Unity against misrepresentations and breaches of warranty, but Unity can look only to the consideration paid by Unity to such shareholders to recover on these obligations.

The closing of the transaction is subject to standard closing conditions, including regulatory approvals.

A copy of the Agreement is attached as Exhibit 2.1 and a copy of a related agreement by shareholders of Avantry is attached as Exhibit 2.2. The foregoing description of the Agreement is qualified in its entirety by reference to the full text of the exhibits. A copy of the press release issued by Unity on February 10, 2006 is furnished herewith as Exhibit 99.1.





ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits


Exhibit Description
2.1 Merger Agreement dated February 7,
2006 by and among Unity Wireless
Corporation, Unity Wireless
Microwave Systems Ltd. and Avantry
Ltd.
2.2 Letter Agreement dated February 7,
2006 by certain shareholders of
Avantry in favor of Unity Wireless
Corporation.
99.1 Press Release dated February 10,
2006 by Unity Wireless Corporation

[Bombenleger]

Unity Wireless Completes US $2.2 Million Three-Year Debt Financing by Institutional Investors
Monday March 6, 8:00 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--March 6, 2006--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of wireless systems and coverage-enhancement solutions, today announced that it has completed a US $2.2 million three-year debt financing by institutional investors. Unity Wireless plans to use the proceeds from the transaction for general corporate purposes.
ADVERTISEMENT


Unity Wireless issued US $2.2 million of 8% secured convertible debentures due February 28, 2009. The debentures are convertible into common stock at $0.16 per share. Unity Wireless also issued to the investors warrants to purchase an aggregate of 6,875,000 common shares at an exercise price of $0.16 per share. Additional information on the financing is contained in an 8-K report that Unity Wireless is filing with the SEC at www.sec.gov.

Ilan Kenig, President and CEO of Unity Wireless, commented, "We think that with the financing complete, we are well positioned to execute our growth strategy. Taking into account expected synergies from our proposed Avantry acquisition, we think that revenues in 2006 for the combined companies could be more than twice our revenues in 2005. This would underscore to the investor community that Unity Wireless is a serious contender in the wireless infrastructure market."

"We are pleased with the Company's developments since we and our institutional investors made our initial investments, commented Mr. David Fuchs, Senior Managing Director of Cambria Capital, an NASD registered broker dealer that served as placement agent for the financing. "We are very confident in the business model and growth prospects for Unity Wireless, and believe that the Company is well positioned in the wireless infrastructure market."

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. The types of products that Unity Wireless develops and sells are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile, and from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in thousands of wireless products around the world. For more information about Unity Wireless, visit www.unitywireless.com.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisition of Avantry, difficulty in integrating Avantry, inability to raise the funds necessary for the Company's continued operations, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
The Investor Relations Group
Vince Daniels / James Carbonara, 212-825-3210
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]

--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

6-Mar-2006

Entry into Material Agreement, Financial Obligation Matter, Sale of Equity



Item 1.01 Entry into a Material Definitive Agreement
On February 28, 2006, Unity Wireless Corporation (the Company) entered into a Securities Purchase Agreement under which the Company sold to private investors $2,200,000 principal amount of Secured Convertible Notes and warrants to purchase 6,875,000 shares of common stock at $0.16 per share. All amounts are US$. See Item 3.02 for further information.





Item 2.03 Creation of a Direct Financial Obligation
On February 28, 2006, the Company entered into the Securities Purchase Agreement referred to in Item 1.01 under which the Company sold to private investors $2,200,000 principal amount of Secured Convertible Notes and warrants to purchase 6,875,000 shares of common stock at $0.16 per share. All amounts are US$. See Item 3.02 for further information.





Item 3.02 Unregistered Sales of Equity Securities.
(a)

Pursuant to the Securities Purchase Agreement referred to in Items 1.01 and 2.03, the Company on February 28, 2006 sold to private investors $2,200,000 principal amount of Secured Convertible Notes ("Notes") and warrants to purchase 6,875,000 shares of common stock at $0.16 per share ("Warrants"). All amounts are US$.

(b)

The securities referred to in this Item 3.02 were issued in a private placement under the exemption set forth in Section 4(2) of the Securities Act of 1993 Act (the "Act") and Rule 506 thereunder from the registration requirements under the Act.


(c)
The Notes bear interest at the rate of 8% per annum. Interest is payable quarterly beginning July 1, 2006 in cash or, subject to certain conditions, in registered common stock valued at 85% of the then volume weighted average price.
The principal amount of the Notes is due on February 28, 2009 and is secured by all of the assets of the Company. The maturity date may accelerate and the Company may incur penalties on the occurrence of certain default events, including the failure by the stockholders of the Company to approve an amendment to the certificate of incorporation that increases the number of authorized shares of common stock from 150 million to 300 million. The Notes are convertible into common stock at the option of the holders at $0.16 per share, provided that until July 1, 2006 the Notes are convertible into a maximum aggregate of 10,000,000 shares of common stock. Subject to certain conditions, the conversion price will be reduced on an unweighted basis if the Company issues equity securities at an effective price of less than $0.16 per share.
Also, subject to certain conditions, the Company can force conversion of the Notes if the volume weighted average price of the common stock is at least $0.32 for 20 consecutive trading days.


(d)
The Warrants are exercisable at $0.16 per share and expire on February 28, 2011.
Subject to certain conditions, the exercise price will be reduced on an unweighted basis if the Company issues equity securities at an effective price of less than $0.16 per share. In addition, subject to certain conditions, the Warrants will expire unless exercised within a specified number of days after the Company gives due notice that the volume weighted average price of the common stock was at least $0.32 for 20 consecutive trading days. The Warrants may be exercised on a cashless basis (i.e., by deducting from the number of shares otherwise issuable on exercise a number of shares that have a then market value equal to the exercise price) after February 28, 2007 so long as no registration statement is in effect with respect to the sale of shares issuable on exercise.

(e)

The Company has agreed to file a registration statement to register all of the shares of common stock issuable upon conversion of the Notes and exercise of the Warrants. The registration statement will also cover shares that the Company may propose to issue in payment of interest on the Notes.

(f)

In connection with the financing, the Company reduced from $0.20 to $0.16 the per share conversion price of $1,200,000 principal amount of secured convertible notes previously issued to investors in the offering ("prior notes"), and reduced from $0.20 to $0.10 the per share exercise price of 2,500,000 warrants previously issued to these investors. The investors extended the maturity date of the prior notes from August 31, 2006 (as to $250,000 principal amount) and February 11, 2007 (as to $950,000 principal amount) to February 28, 2009.

(g)

In connection with the financing, the Company paid $176,000 in fees to Cambria Capital, LLC ("Cambria") and approximately $10,000 of expenses, excluding fees of the Company's counsel. The Company also issued to Cambria warrants to purchase 1,375,000 shares of common stock at an exercise price of $0.16 per share and in the form of the Warrants.

(h)

The foregoing summary is qualified by reference to the provisions of the agreements and instruments that are included as exhibits with this filing.

Item 9.01 Exhibits

Exhibit 4.1 Form of Security Purchase Agreement

Exhibit 4.2 Form of Secured Convertible Note

Exhibit 4.3 Form of Warrant

Exhibit 4.4 Form of Security Agreement

Exhibit 4.5 Form of Subsidiary Guarantee Agreement

Exhibit 4.6 Form of Registration Rights Agreement

Exhibit 10.1Agreement with Cambria Capital, LLC dated January 13, 2006

Exhibit 99.1 Press Release issued by the Registrant on March 6, 2006

[Bombenleger]

Unity Wireless Ships First Order to North American Regional Wireless Network Operator
Wednesday March 8, 8:30 am ET
New Customer Represents New Sales Opportunity for Unity Wireless


BURNBABY, British Columbia--(BUSINESS WIRE)--March 8, 2006--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of wireless systems and coverage-enhancement solutions, announced today that it has shipped coverage enhancement systems to a regional North American-based wireless network operator. This new customer selected Unity Wireless due to its product's low noise figure and Unity's flexibility in delivery. Although the initial order is relatively small, the Company expects that it will continue to ship coverage enhancement solutions to this customer for the balance of 2006 as they continue to expand their network.

These products are part of Unity's Coverage Enhancement Solutions product line. This family of products is used by operators of wireless networks to improve cellular network coverage, enhance call capacity and provide optimal data throughput for their subscribers. The solutions include tower-mounted amplifiers, bias-T, power distribution units and related accessories for a 1900 MHz CDMA cellular network. Unity's coverage enhancement solutions can be used to improve the receive sensitivity of a base station, thereby maximizing its coverage area. Other quality of service benefits include lower bit error rates, reduced dropped calls and improved battery life for subscribers' mobile devices.

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. The types of products that Unity Wireless develops and sells are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile, and from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in thousands of wireless products around the world. For more information about Unity Wireless, visit www.unitywireless.com.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisition of Avantry, difficulty in integrating Avantry, inability to raise the funds necessary for the Company's continued operations, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
The Investor Relations Group
Vince Daniels / James Carbonara, 212-825-3210
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]

--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Receives Purchase Order from a North American OEM Customer for CDMA450 Power Amplifiers
Friday March 10, 8:30 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--March 10, 2006--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of wireless systems and coverage-enhancement solutions, announced today that it has received a purchase order from an existing North American-based OEM customer for power amplifiers designed for use in the customer's CDMA 450MHz base station. The purchase is a follow-on order for a previously qualified product and represents the continued deployment of this customer's network infrastructure.
ADVERTISEMENT


CDMA 450MHz networks can provide operators of older analog NMT450 networks a path to cost-effectively upgrade their infrastructure to offer third generation (3G) digital wireless service without obtaining access to additional spectrum. The excellent spectral efficiency that CDMA 450 networks provide for larger coverage areas makes them economical to deploy in new markets with limited fixed and wireless infrastructure, where operators are already providing basic telecommunications services.

Unity Wireless has six products in production for CDMA450 networks for five OEM customers, including power amplifiers, duplexers and tower mounted amplifiers. The Company expects additional orders throughout 2006 for these CDMA450 portfolio products in support of customer network deployments.

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. The types of products that Unity Wireless develops and sells are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile, and from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in thousands of wireless products around the world. For more information about Unity Wireless, visit www.unitywireless.com.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisition of Avantry, difficulty in integrating Avantry, inability to raise the funds necessary for the Company's continued operations, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
The Investor Relations Group
Vince Daniels / James Carbonara, 212-825-3210
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]

--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Commences Production Volume Shipments to North American-based Tier-1 OEM Customer under a Master Supply Agreement
Thursday March 16, 11:47 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--March 16, 2006--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of wireless systems and coverage-enhancement solutions, announced today that it has begun shipping 450MHz base station power amplifiers to a North American-based Tier-1 OEM customer under a previously announced master supply agreement.
ADVERTISEMENT


The Company's products are in support of this OEM customer's deployment of a new 450MHz wireless network in certain European markets. The customer has provided an updated forecast that confirms its guidance in December 2005 that this product should represent approximately US$3.5 million in sales in the first year.

Unity Wireless is well positioned as a leader with a complete 450MHz product line and is shipping 450MHz power amplifiers, low noise amplifiers (LNA), tower-mounted amplifiers (TMA) and duplexers to several base station OEM customers. These customers are deploying commercial networks in several markets around the world in projects that are in various stages of deployment. The Company expects that sales of these products and other 450MHz products in the Company's portfolio will continue to grow as a percentage of product sales this year.

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. The types of products that Unity Wireless develops and sells are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile, and from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in thousands of wireless products around the world. For more information about Unity Wireless, visit www.unitywireless.com.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisition of Avantry, difficulty in integrating Avantry, inability to raise the funds necessary for the Company's continued operations, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
The Investor Relations Group
Vince Daniels/James Carbonara, 212-825-3210
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]

--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless to Supply China's ZTE Corporation with Power Amplifiers for Three Base Station Configurations
Tuesday March 21, 9:30 am ET
According to Client's Forecast - over $3.0 Million in Sales Expected This Year, with $275,000 Already Released to Production


BURNABY, British Columbia--(BUSINESS WIRE)--March 21, 2006--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of wireless systems and coverage-enhancement solutions, today announced that it has won a significant portion of a bid to supply China's ZTE Corporation with power amplifiers for the production of 450MHz, 800MHz and 1,900MHZ base stations in 2006.
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Unity Wireless has already received purchase orders under the bid for more than $275,000 of products to be delivered beginning immediately. Based on ZTE's production forecast, the company expects that revenues from the bid will exceed $3 million through the balance of 2006. Each product was previously qualified by ZTE, and sales of these products to ZTE will represent ongoing revenue for products currently in production.

Ms. Yan Ng PhD, Director of OEM Business Development in the Asia Pacific region, commented, "The China market has always been important for Unity Wireless. We maintain a local office and customer support personnel in China to provide this growing market with superior customer support. Winning this bid strengthens our position in this market, and positions us to further expand our market share when China releases 3G licenses."

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. The types of products that Unity Wireless develops and sells are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. For more information about Unity Wireless, visit www.unitywireless.com.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisition of Avantry, difficulty in integrating Avantry, inability to raise the funds necessary for the Company's continued operations, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
The Investor Relations Group
Vince Daniels/James Carbonara, 212-825-3210
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]

--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless to Showcase Solutions for OEMs and Operators of Wireless Networks at CTIA Wireless 2006 in Las Vegas - April 5th to 7th
Tuesday March 28, 9:24 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--March 28, 2006--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of wireless systems and coverage-enhancement solutions, will showcase its solutions for OEMs and Operators of wireless networks at the largest North American wireless trade show, CTIA Wireless 2006, from April 5th to 7th in Las Vegas, Nevada.
Solutions on display will showcase Unity Wireless products for CDMA, GSM, UMTS and OFDM technologies in frequencies from 450MHz to 3,500MHz. Unity Wireless will also display Point-to-Point PDH microwave solutions for wireless backhaul in 7GHz to 38GHz configurations. The Company's stand is located within the Canadian Pavilion, booth number 5103-4B.

A partial list of products on display will include:

Power amplifiers and RF front-ends.
LNA and multiplexer products.
Coverage solutions products including TMAs, TMBs and distributed base station systems.
PDH Microwave and optical Point-to-Point fixed wireless systems.
Interested parties attending the show can book meetings with senior management and product line managers by contacting James Carruthers, Director of Marketing, at [phone].

More information about the CTIA Wireless 2006 show can be found at www.ctiawireless.com.

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. The types of products that Unity Wireless develops and sells are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile, and from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in thousands of wireless products around the world. For more information about Unity Wireless, visit www.unitywireless.com.



Contact:
The Investor Relations Group
Vince Daniels/James Carbonara, 212-825-3210
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]

--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

31-Mar-2006

Annual Report



Item 6. Management's Discussion and Analysis or Plan of Operation.
Results of Operations

Years Ended December 31, 2005 and 2004

Sales

Net sales in 2005 were $4,905,579, a decrease of $114,981 or 2.29%, from net sales of $5,020,560 in 2004. This decrease was primarily due to fluctuations in the delivery of our production volume projects.

Cost of Goods Sold and Operating Expenses

Cost of goods sold during 2005 was $3,792,999, a decrease of $411,336 or 9.78%, from $4,204,335 in 2004. Cost of goods sold includes stock-based compensation expenses of $27,265 in 2005 versus $18,835 in 2004.

The gross margin for the year ended December 31, 2005 of $1,112,580 or 22.68% of net sales represented an increase from a gross margin of $816,225 or 16.26% of net sales for the year ended December 31, 2004. This primarily reflects lower per unit purchase costs of product components because of increased purchase volumes, as well as more efficient production processes.

Research and development expenses for the year ended December 31, 2005 were $2,631,598, an increase of $1,401,189 or 113.88%, from $1,230,409 for the year ended December 31, 2004. This increase was primarily due to a substantial increase in the number of research and development projects in 2005. The Stock-based compensation expense for research and development was $57,059 in 2005 versus $38,385 in 2004.

Sales and marketing expenses for the year ended December 31, 2005 were $615,953, an increase of $56,768 or 10.15%, from $559,185 for the year ended December 31, 2004. The increase primarily reflects the engagement of additional sales personnel, increased travel expenses to visit new customers and additional trade show exhibition expenses. Sales and marketing expenses include stock-based compensation recovery of $16,520 in 2005 versus an expense at $63,430 in 2004.

Depreciation and amortization expenses for the year ended December 31, 2005 were $266,267, an increase of $193,671 or 266.78% from $72,596 in 2004. The increase is primarily due to an increase in depreciable assets leased under capital leases.

Exchange loss for 2005 was $103,681, a decrease $78,869 or 43.2%, from $182,550 for the year ended 2004. The increase was due to the fluctuations in the currency exchange rate between the U.S. and Canada.

Interest expenses for 2005 were $276,993, an increase of 197,288 or 247.52%, from $79,705 in 2004. The increase was primarily due to the increase in interest payable on convertible debenture issued in August of 2004 and the first quarter of 2005.

General and administrative expenses for 2005 were $1,805,067, an increase of $124,627 or 7.42%, from $1,680,440 in 2004. General and administrative expenses include stock-based compensation expense of $590,014 in 2005 versus $685,552 for 2004.

Other Income and Expenses

Accretions of interest and debt settlement expenses for 2005 were $888,467, an increase of $619,304 or 230.09% from $269,163 in 2004. This increase reflects the issuance of convertible debentures in August of 2004 and the first quarter of 2005.

Other earnings in 2005 were $nil, a decrease of $14,133 from 2004.

Liquidity and Capital Resources

During 2005, our cash position decreased by $52,500. The primary use of cash was for our continued operations. We had no material investing activities in 2005.

Since our inception, we have been dependent on sales of debt and equity securities as our primary source of liquidity. We had an accumulated deficit at December 31, 2005 of $27,272,486. During 2005, we incurred a net loss, inclusive of stock-based compensation expense and other non cash charges, of $5,450,408 (2004 - loss of $3,318,998). At December 31, 2005, we had a working capital deficit of $1,985,375. Our operations presently generate negative cash flow, and we do not expect positive cash flow from operations in the near term.

We may not be able to obtain additional equity or debt financing on acceptable terms when we need it. We have pledged all of our assets to secure existing borrowings.

Our ability to continue as a going concern is dependent upon obtaining further financing, successful and sufficient market acceptance of our current products and any new product offerings that we may introduce, the continuing successful development of our products and related technologies, and, finally, achieving a profitable level of operations. The issuance of additional equity securities by us could result in a significant dilution in the equity interests of our current stockholders.

Due to the uncertainty of our ability to meet our current operating and capital expenses, in their report on the annual consolidated financial statements for 2005, our independent auditors included an explanatory paragraph regarding concerns about our ability to continue as a going concern. Our consolidated financial statements contain additional note disclosures describing the circumstances that lead to this disclosure by our independent auditors.

Inflation/Seasonal Aspects

We do not believe that inflation had a significant impact on our consolidated results of operations or financial condition. There is no seasonal aspects material to the Company's business.

NEW ACCOUNTING PRONOUNCEMENTS

In November 2005, the FASB issued FSP FAS 115-1 and FAS 124-1, ''The Meaning of Other-Than-Temporary Impairment and Its Application to Certain Investments'' (''FSP 115-1''), which provides guidance on determining when investments in certain debt and equity securities are considered impaired, whether that impairment is other-than- temporary, and on measuring such impairment loss. FSP 115-1 also includes accounting considerations subsequent to the recognition of an other-than temporary impairment and requires certain disclosures about unrealized losses that have not been recognized as other-than-temporary impairments. FSP 115-1 is required to be applied to reporting periods beginning after December 15, 2005 and is required to be adopted in the first quarter of fiscal 2006. The impact of the adoption of FSP 115-1 will have on the Corporation's consolidated financial statements is not yet determinable.

In June 2005, the Emerging Issues Task Force ("EITF") reached a consensus on EITF Issue No. 05-6, "Determining the Amortization Period for Leasehold Improvements Purchased after Lease Inception or Acquired in a Business Combination" ("EITF 05-6"). EITF 05-6 requires that leasehold improvements that are placed in service significantly after and not contemplated at or near the beginning of the lease term be amortized over the shorter of the useful life of the assets or a term that includes required lease periods and renewals that are deemed to be reasonably assured at the date the leasehold improvements are purchased. EITF 05-6 was effective for the fourth quarter of 2005. EITF 05-6 did not have a significant impact on the Corporation's consolidated financial statements.

In May 2005, the FASB issued SFAS No. 154, "Accounting Changes and Error Corrections - a replacement of APB Opinion No. 20 and FASB Statement No. 3" ("SFAS No. 154"). SFAS No. 154 requires retrospective application as the required method for reporting a change in accounting principle, unless impracticable or a pronouncement includes specific transition provisions. SFAS No. 154 also requires that a change in depreciation, amortization or depletion method for long-lived, nonfinancial assets be accounted for as a change in accounting estimate effected by a change in accounting principle. This statement carries forward the guidance in APB Opinion No. 20, "Accounting Changes," for the reporting of the correction of an error and a change in accounting estimate. SFAS No. 154 is effective beginning January 1, 2006. SFAS No. 154 is not expected to have a significant impact on the Corporation's consolidated financial statements.

In March 2005, the FASB issued Interpretation No. 47 (FIN 47), "Accounting for Conditional Asset Retirement Obligations-an interpretation of FASB Statement No. 143." FIN 47 clarifies that an entity is required to recognize a liability for the fair value of a conditional asset retirement obligation when incurred if the liability's fair value can be reasonably estimated. The FIN also clarifies when an entity would have sufficient information to reasonably estimate the fair value of an asset retirement obligation. FIN 47 was effective in the fourth quarter of 2005. FIN 47 did not have a significant impact on the Corporation's consolidated financial statements.

In December 2004, the Financial Accounting Standards Board ("FASB") issued revised Statement of Financial Accounting Standards No. 123 entitled "Share-Based Payment" ("FAS No. 123R"). This revised statement addresses accounting for stock-based compensation and results in the fair value of all stock-based compensation arrangements, including options, being recognized as an expense in a company's financial statements as opposed to supplemental disclosure in the notes to financial statements. The revised Statement eliminates the ability to account for stock-based compensation transactions using APB Opinion No. 25. FAS No. 123R is effective for public entities that do not file as small business issuers as of the beginning of the first interim or annual reporting period that begins after December 15, 2005. FAS No. 123R will be effective for the Corporation commencing January 1, 2006. The Corporation does not expect the adoption of FAS No. 123R to have a material effect on its consolidated financial statements as the Corporation presently expenses stock-based compensation to employees by the fair value method.

In November 2004, the Financial Accounting Standards Board ("FASB") issued Statement of Financial Accounting Standards No. 151 entitled "Inventory Costs - an amendment of ARB No. 43, Chapter 4" ("FAS No. 151"). This statement amends the guidance in ARB No. 43 to clarify the accounting for abnormal amounts of idle facility expense, freight, handling costs and spoilage. FAS No. 151 requires that these items be recognized as current period charges. The Corporation has adopted FAS No. 151, which had no effect on the consolidated financial statements.

APPLICATION OF CRITICAL ACCOUNTING POLICIES

Our consolidated financial statements and accompanying notes are prepared in accordance with generally accepted accounting principles in the United States.
Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. These estimates and assumptions are affected by management's application of accounting policies. We believe that understanding the basis and nature of the estimates and assumptions involved with the following aspects of our consolidated financial statements is critical to an understanding of our financials.

Our consolidated financial statements have been prepared on the going concern basis, which assumes the realization of assets and liquidation of liabilities in the normal course of operations. The continuation as a going concern for the foreseeable future is dependent upon the identification and successful completion of additional debt or equity financing or the generation of positive cash flows from operating activities. Our ability to raise financing is, in part, based on market conditions that are outside of our control. If we are not able to continue as a going concern, we would likely not be able to realize on our assets at values comparable to the carrying value or the fair value estimates reflected in the balances set out in the preparation of the consolidated financial statements. Based on the carrying value of assets at December 31, 2005, the inability to continue as a going concern would require liquidation of assets not in the normal course that would primarily impact inventory, equipment and goodwill's recoverable amounts.

Inventory is carried at the lower of cost, determined on an average cost method, and market. Market is considered to be replacement cost for raw materials and net realizable value for work in progress and finished goods. The cost of work in progress and finished goods includes the cost of raw material, direct labour, and an appropriate allocation of related overhead. We provide an allowance that we consider to be reasonable for its non-moving or slow moving inventory items and for items with expected future realizable value lower than cost. Changes in customer demands and requirements in the short term could reduce product demand and prices having a material impact on future realizable value of inventory.

Equipment is recorded at cost less accumulated depreciation. We review these assets for impairments when events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future net cash flows expected to be generated by the asset. As actual future net cash flows are uncertain, the estimation process requires us to make reasonable assumptions about future economic trends and events. These trends and events are substantially outside of our control. To the extent that the expected future cash flows generated by the asset are reduced, we may be required to record an impairment charge against the carrying value of the equipment.

Goodwill is the residual amount that results when the purchase price of an acquired business exceeds the sum of the amounts allocated to the identifiable assets acquired, less liabilities assumed, based on their fair values. Goodwill is allocated as of the date of the business combination to our reporting units that are expected to benefit from the synergies of the business combination.
Goodwill is not amortized and is tested for impairment annually or more frequently if events or changes in circumstances indicate that the goodwill might be impaired. The impairment test is carried out in two steps. In the first step, the carrying amount of the reporting unit is compared with its fair value. When the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is considered not to be impaired and the second step of impairment test is unnecessary. The second step is carried out when the carrying amount of a reporting unit exceeds its fair value, in which case the implied fair value of the reporting unit's goodwill is compared with its carrying amount to measure the amount of the impairment loss, if any. The implied fair value of the reporting unit's goodwill is determined in the same manner as the value of goodwill is determined in a business combination described in the preceding paragraph, using the fair value of the reporting unit as if it was the purchase price. When the carrying amount of a reporting unit exceeds the implied fair value of the goodwill, an impairment loss is recognized in an amount equal to the excess and is presented as a separate line item in the earnings statement before extraordinary items and discontinued operations. We consider ourselves to operate as a single reporting unit. Fair value of the reporting unit is measured by reference to such factors as estimated future cash flows and the market value of our common shares. Changes in these factors could impact future impairment conclusions.

On an ongoing basis, we record our best estimate of our warranty obligations related to products sold. A liability for estimated warranty expense is established by a charge against costs of goods sold at the time revenue is recognized as the products are sold. These estimates are made after the consideration of contractual warranty obligations and historical experience.
The subsequent actual costs incurred for warranty claims serve to reduce the product warranty liability that we have estimated. Unforeseen events, including increased technological difficulties with products, could occur that have not been anticipated in estimating the warranty provision. Additional costs or estimates will be recognized as determinable.

We recognize revenue when criteria specified in generally accepted accounting principles have been met. Specifically, revenue from products is recognized once a sale arrangement exists, delivery has occurred, the revenue is determinable and collectability is reasonably assured, which is upon the later of shipment or when title passes to the customer depending on the contractual terms. We do not enter into sales arrangements having post contract customer support or rights of return. We record deferred revenue when cash is received in advance of the revenue recognition criteria (discussed above) being net.
Although we have no current intention of doing so, changes in our business model could impact the timing of recognition in our consolidated financial statements.

[Bombenleger]

Unity Wireless Opens a Sales and Customer Support Office in the UK
Wednesday April 5, 9:45 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--April 5, 2006--Unity Wireless Corporation (OTCBB: UTYW - News), a developer of wireless systems and coverage-enhancement solutions, announced today that it has opened a sales and customer support office in the United Kingdom to service OEM, operator and distributor customers in the European, Middle Eastern and African (EMEA) regional markets.
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James Carruthers, Director of Marketing at Unity Wireless stated, "Having initiated projects with several network operators and strategic partners in Europe over the last year, we have received a great deal of interest from existing and potential customers in EMEA markets in recent months and felt the timing was right to establish a presence in the region. Opening an EMEA office will allow us to better facilitate business development activities that we have started and demonstrate our serious commitment to serving customers and partners in these markets."

Unity Wireless has recently recruited and hired business development professionals whom had been responsible for managing strategic accounts and distribution channels in the EMEA markets prior to joining the Company. Based in Aylesbury UK, the Company's EMEA operations will be primarily focused on providing coverage enhancement and microwave backhaul solutions to the region's operators, original equipment manufacturers, distributors and value added resellers.

Mr. Carruthers further added, "We are now well positioned to capitalize on these new projects, and we believe that Unity Wireless can become a credible alternative source of coverage enhancement solutions for network operators as we continue to grow our business in the EMEA markets."

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. The types of products that Unity Wireless develops and sells are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile, and from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in thousands of wireless products around the world. For more information about Unity Wireless, visit www.unitywireless.com.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisition of Avantry, difficulty in integrating Avantry, inability to raise the funds necessary for the Company's continued operations, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
The Investor Relations Group
Vince Daniels / James Carbonara
212-825-3210
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]

--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

12-May-2006

Quarterly Report



Item 2. Management's Discussion and Analysis or Plan of Operation
The following discussion of the financial condition, changes in financial condition, and results of operations of Unity Wireless Corporation should be read in conjunction with our most recent financial statements and notes appearing: (1) in this Form 10-QSB; and (2) the Form 10-KSB for the year ended December 31, 2005 filed on March 31, 2006.

The financial statements have been prepared on the going concern basis under which an entity is considered to be able to realize its assets and satisfy its liabilities in the ordinary course of business. Operations to date have been primarily financed by borrowing and equity transactions. Our future operations are dependent upon the identification and successful completion of additional long-term or permanent equity financing, the continued support of creditors and stockholders, and, ultimately, the achievement of profitable operations. There can be no assurances that we will be successful. If we are not, we will be required to reduce operations or liquidate assets. We will continue to evaluate our projected expenditures relative to our available cash and to seek additional means of financing in order to satisfy our working capital and other cash requirements. The auditors' report on the audited consolidated financial statements for the fiscal year ended December 31, 2005 contained in the 10-KSB filed on March 31, 2005, includes an explanatory paragraph that states that as we have suffered recurring losses from operations, substantial doubt exists about our ability to continue as a going concern. The audited consolidated financial statements or the interim quarterly unaudited consolidated financial statements included with this quarterly report do not include any adjustments relating to the recoverability of assets and classification of assets and liabilities that might be necessary should we are unable to continue as a going concern.

Forward-Looking Statements

This quarterly report contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks in the section entitled "Risk Factors", that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

Our financial statements are stated in United States Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles.

In this quarterly report, unless otherwise specified, all dollar amounts are expressed in United States dollars. All references to "CDN$" refer to Canadian dollars and all references to "common shares" refer to the common shares in our capital stock.

As used in this quarterly report, the terms "we", "us", "our", and "Unity" mean Unity Wireless Corporation, unless otherwise indicated.

General

We make high power radio frequency amplifiers and related subsystems used in both mobile and fixed wireless networks. We have developed over 40 models of our products that are used in cellular, personal communication services (PCS), paging, wireless local loop (WLL) and third generation (3G) networks. Almost all of our products are custom made or adapted to satisfy each customer's particular requirements covering a range of average output power levels (from 2 watts to 80 watts) and a number of different operating frequency bands.

Most of our products are high power amplifiers and related subsystems used in base transceiver stations (BTS or base stations), to amplify signals sent from the network to a terminal such as a cell phone. We also make products used in signal repeaters and tower-top antenna systems that are used to extend and enhance wireless network coverage.

Results of Operations

Three months Ended March 31, 2006 and March 31, 2005

Sales

Net sales in the first quarter of 2006 were $1,141,630, a decrease of 41.98% or $825,940, from $1,967,570 in the first quarter of 2005. This decrease was primarily due to fluctuations in the delivery of our production volume projects to our customers.

Cost of Goods Sold and Operating Expenses

Cost of goods sold during the first quarter of 2006 was $881,296 resulting in a gross margin of $260,334 or 22.80% of net sales, compared to $1,622,683 in the first quarter of 2005 resulting in a gross margin of $344,887, or 17.53% of net sales. The increase in gross margin percentage is primarily due to improved pricing for material costs and other efficiencies achieved through manufacturing outsourcing arrangements entered into since the first quarter of 2005. Cost of goods sold includes stock-based compensation expense of $6,549 in the first quarter of 2006 versus $3,226 in the first quarter of 2005.

Research and development expenses in the first quarter of 2006 were $395,884, a decrease of $322,368 or 44.88%, from $718,252 in the first quarter of 2005.
This decrease was primarily due to additional processes established around the development of new products which has resulted in more effective use of materials and improved labour utilization. Research and development expense includes stock-based compensation expense of $41,001 in the first quarter of 2006 versus $20,325 in the first quarter of 2005.

Sales and marketing expenses in the first quarter of 2006 were $158,298, an increase of $84,007, or 113.08%, from $74,291 in the first quarter of 2005. The increase was primarily due to additional sales initiatives that include additional sales personnel on staff, increased travel expenses to visit new customers and additional trade show exhibition expenses. Sales and marketing expenses include stock-based compensation expense of $10,202 in the first quarter of 2006 versus the recovery of $55,068 in the first quarter of 2005.

Exchange loss in the first quarter of 2006 increased by $40,418, to an exchange loss of $15,474 from an exchange gain of $24,944 in the first quarter of 2005 due to fluctuations in the currency exchange rate between the U.S. and Canada.

General and administrative expenses in the first quarter of 2006 were $483,519, a decrease of $6,518, or 1.33%, from $490,037 in the first quarter of 2005. General and administrative expenses include stock-based compensation expense of $102,578 in the first quarter of 2006 versus $248,749 in the first quarter of 2005.

Accretion of interest and loss on debt settlement for the first quarter of 2006 were $1,615,965, an increase of $1,474,885, compared to $141,080 in the first quarter of 2005. The increase was primarily due to the interest accretion in relation to convertible debentures issued since August 2004 and loss on debt settlement related to modifications to the terms of the debentures which were issued on August 2004 and February 2005.

Loss in the first quarter of 2006 was $2,574,805, an increase of $1,396,630, or 118.54%, from a loss of $1,178,175 in the first quarter of 2005.

Non-GAAP Financial Information

Certain non-GAAP financial information as defined by the U.S. Securities Commission Regulation G is presented below. Pursuant to the requirements of this regulation, a reconciliation of this financial information to our financial statements as prepared under generally accepted accounting principles in the United States (GAAP) is included. Unity's management believes that the disclosure of this non-GAAP financial information is useful to our investors and the investment community since certain non-cash charges and expenses may not be reflective of future expenses.

Loss for the quarter ended March 31, 2006 was $2,574,805 compared to $1,178,175 in 2005. Net of stock based compensation and other non-cash expenses of $1,891,249 in the quarter ended March 31, 2006 and $429,424 in 2005, loss for the quarter ended March 31, 2006 was $683,556 compared to $748,751 in 2005.


RECONCILIATION OF STATEMENT OF OPERATIONS TO NON-GAAP MEASURES


2006 2005
Loss for the period $ (2,574,805) $ (1,178,175)

Addback:
Stock based compensation 160,330 217,232
Accretion of interest and loss on
debt settlement 1,615,965 141,080
Amortization 63,615 40,066
Shares issued in settlement of
interest 51,339 31,046
Loss for the period, net of non-
cash charges (683,556) (748,751)




Liquidity and Capital Resources

Since our inception, we have been dependent on investment capital as our primary source of liquidity. We had an accumulated deficit at March 31, 2006 of $29,847,291. During the three-month period ended March 31, 2006, we incurred a net loss, after stock-based compensation, of $2,574,805.

During the three-month period ended March 31, 2006, our cash position was increased to $917,819. This increase was primarily due to convertible debentures issued in the period. The primary use of cash was for our continued operations.

During the three-month period ended March 31, 2006, the Corporation issued 816,922 common shares in settlement of $124,513 of accounts payable, 555,555 common shares upon exercise of warrants for cash proceeds of $72,222, and 200,000 common shares upon exercise of options for cash proceeds of $34,000.

Other than leases for premises and equipment commitments for an aggregate of $1,132,093 through 2009, we have no material commitments outstanding at March 31, 2006.

Our capital requirements are difficult to plan in light of our current strategy to expand our customer base and to develop new products and technologies. We do not expect positive cash flow from operations in the near term. We may not be able to obtain additional equity or debt financing on acceptable terms when we need it. We have pledged all of our assets to secure convertible notes that we issued in August 2004, February 2005, March 2005 and February 2006. We may be required to obtain the consent of certain of our investors prior to the issuance of our common stock or common stock equivalents and prior to entering into an agreement to assume certain liabilities. Our operations to date have been primarily financed by sales of our equity securities and debt financing. We are restricted from declaring dividends on our common shares pursuant to Convertible Note and Warrant Purchase Agreements dated August 31, 2004, February 11, 2005, March 24, 2005 and February 28, 2006 for so long as any of these issued convertible notes are outstanding. As of March 31, 2006, we had working capital of $71,673. Our operations presently are generating negative cash flow, and we do not expect positive cash flow from operations in the near term. Our ability to continue as a going concern is dependent upon obtaining further financing, successful and sufficient market acceptance of our current products and any new product offerings that we may introduce, the continuing successful development of our products and related technologies, and, finally, achieving a profitable level of operations. The issuance of additional equity securities by us could result in a significant dilution in the equity interests of our current stockholders. Obtaining commercial loans, assuming those loans would be available, will increase our liabilities and future cash commitments.

Subsequent Events

Avantry acquisition:

Effective February 15, 2006, the Corporation entered into a merger agreement (the "Agreement") dated February 7, 2006 with Avantry Ltd., an Israeli corporation ("Avantry"), for the merger of Avantry into Unity Wireless Microwave Systems Ltd., a newly formed Israeli corporation that is wholly owned by the Corporation.

At the closing the Corporation will issue to the shareholders of Avantry convertible promissory notes of the Corporation in the aggregate principal amount of USD $1,750,000 and warrants to purchase an aggregate of 600,000 shares of common stock at an exercise price of USD $0.40 a share.

The closing of the transaction is subject to standard closing conditions, including regulatory approvals and is expected to close by May 31, 2006.

Inflation

We do not believe that inflation has had a significant impact on our consolidated results of operations or financial condition.

[Bombenleger]

Unity Wireless Describes Status of Acquisitions and Defines Current Acquisition Strategy
Tuesday May 16, 8:00 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--May 16, 2006--Unity Wireless Corporation (OTCBB:UTYW - News), a developer of wireless systems and coverage-enhancement solutions, today announced that it expects to complete its acquisition of Avantry Ltd by May 31, 2006, that it has signed a definitive agreement to acquire coverage solutions developer Celerica, Inc., and that it is in negotiations to acquire a third company. All three companies are based in Israel and are engaged in aspects of the wireless infrastructure business that are complementary to the Company.
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Ilan Kenig, President and CEO of Unity Wireless, commented, "In 2006 and 2007 we forecast an increase of greater than 50% in our current core business. Yet, we feel compelled to take advantage of what we think is a unique opportunity to acquire Israel-based wireless technology companies from credible venture capital firms and instantly add mass to our organization."

If the acquisition of Avantry is augmented by the acquisitions of Celerica and the third company, the three companies would add complementary products, customers and regional strength to the existing business of Unity Wireless. They would bring to Unity Wireless significant wireless network original equipment manufacturer (OEM) and operator accounts in many of the fastest growing markets in the wireless industry today, including China, India, Russia, Taiwan and Indonesia, as well as large operators in the UK, France, Spain and the United States.

The acquisitions would enhance the Company's base station subsystems and coverage solutions product line by including indoor and outdoor repeaters, bi-directional amplifiers as well as complete systems for distributed base station deployments and point-to-point microwave radio. These markets are estimated in published research to exceed US$8 billion per year.

Additional factors are influencing the drive to more aggressively grow Unity Wireless. The consolidation within the wireless industry in the last four years has left no clear 3rd or 4th position North-American-based supplier behind Andrew Corporation and Powerwave Technologies. This has created an opportunity for a growing company to become an attractive alternative for OEMs and operators of wireless networks.

The location of the three companies in Israel should allow for an easier integration of people, resources and assets, while the Company anticipates that its world headquarters and senior management will remain in Canada. Internal supply overlap between all four organizations is expected to help improve overall gross margins and allow the combined company to purchase components and other raw materials at greater discounts. Management expects that this structure, and resulting economies of scale, should enhance the Company's overall competitiveness in the market and lead to profitability in FY2007.

Unity Wireless cannot assure that the Avantry and Celerica acquisitions will be closed, or that the Company will be able to sign a definitive agreement and close the third acquisition on terms presently contemplated.

Preliminary Financial Information

Combined, Avantry and Celerica in 2005 had revenues of US$11.7 million, an average gross margin of 29% and losses of US$8.6 million. The audited balance sheets of the two companies at December 31, 2005 reflect positive net worth of approximately US$3.4 million.

This information is preliminary. The Company will, in reports on Form 8-K, file financial statements for each acquisition within the requisite time after it is closed.

Effect on the Company's Capitalization

Avantry will be acquired for a one-year US$1.75 million note due in May 2007 that is convertible into 7 million shares common stock at $0.25 per share and warrants to purchase 600,000 shares of common stock at US$0.40 per share. The Company will also guaranty US$900,000 of Avantry bank debt.

The agreement with Celerica provides for a purchase price in preferred stock that is equivalent to 20 million shares of common stock and requires that the prior shareholders of Celerica at the closing lend to Celerica US$250,000 on a one-year note. The note will be guaranteed by the Company if it obtains consent from its lenders to make this guaranty.

Terms to acquire the third company are currently in negotiations.

Before giving effect to the pending acquisitions of Avantry and Celerica, Unity Wireless had approximately 93 million shares of common stock issued and outstanding, and approximately 151 million shares of common stock on a fully diluted basis. Assuming that the transactions are completed on the terms presently contemplated, Unity Wireless will have approximately 113 million shares of common stock issued and outstanding (for this purpose treating the preferred stock as having been converted) and approximately 179 million shares of common stock on a fully diluted basis.

The preferred stock to be issued to Celerica would automatically convert into shares of common stock upon authorization of additional shares of common stock by the stockholders of Unity Wireless.

Certain securities issued and to be issued in these transactions have registration rights and resale restrictions. For more information, investors should review copies of the relevant acquisition agreements and related documents as they are filed by the Company with the SEC on Form 8-K reports at www.sec.gov.

"We believe that by combining the exciting growth prospects of our current business with a well executed acquisition strategy, we can achieve our goal to quickly capture a more significant share of the wireless infrastructure market," added Mr. Kenig. "We will remain in control of the resulting organization, and hope to effectively penetrate more meaningful accounts in a short period of time. These acquisitions would also give us a much stronger revenue base -- one that we expect potential customers will view positively when evaluating Unity Wireless for larger opportunities. We believe these acquisitions could add significant value to our business in the short-term as well as into the future."

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
The Investor Relations Group
Vince Daniels or James Carbonara, 212-825-3210
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]

--------------------------------------------------------------------------------
Source: Unity Wireless

[Bombenleger]

Unity Wireless Expects to Ship Nearly US$1 Million in Power Amplifiers to China's ZTE Corporation Through the End of June 2006
Monday June 5, 8:27 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--June 5, 2006--Unity Wireless Corporation (OTCBB:UTYW - News), a developer of wireless systems and coverage-enhancement solutions, today announced that it expects to have shipped nearly US$1 million in power amplifier products to China-based ZTE Corporation during the period starting in March and ending at the end of the second quarter on June 30, 2006.
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These products were ordered by ZTE under the winning bid that Unity Wireless announced March 21, 2006, and reflect a portion of the 450 MHz, 800 MHz and 1900 MHz power amplifier requirements of this customer.

Ilan Kenig, President and CEO of Unity Wireless, commented, "We noted in March that production forecasts indicated potential ZTE revenue of US$3.0 million for the year. As we will have shipped nearly a third of the anticipated orders within a quarter of winning the initial bid, we remain confident in that forecast. We think that new products in the design and qualification process could also contribute to additional revenue from this customer over the balance of the year."

Mr. Kenig commented further, "While we are pleased with the progress we are making towards completing the acquisitions of Avantry, Celerica and a third Israel-based wireless company, we also anticipate strong organic growth in 2006 because of ZTE and other customers who look to us to fulfill more of their power amplifier, subsystem and coverage enhancement product requirements."

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investors:
The Investor Relations Group
Vince Daniels or James Carbonara, 212-825-3210
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]

--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Updates Orders for WiMAX and Fixed Wireless Products
Wednesday June 7, 10:19 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--June 7, 2006--Unity Wireless Corporation (OTCBB:UTYW - News), a developer of wireless systems and coverage-enhancement solutions, has shipped US$450,000 of a US$770,000 order from a North American-based OEM customer announced January 18, 2006. The Company expects to ship the balance of US$320,000 in the third quarter. It was earlier anticipated and announced that this customer's purchase of products to support its WiMAX and fixed wireless deployments would be delivered over the course of the full-year 2006.
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Ilan Kenig, President and CEO of Unity Wireless, commented, "We are pleased that another of our customers is meeting, or in this case exceeding, its own forecast for our products required this year and helps to support our expectation of strong organic growth in 2006."

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor:
The Investor Relations Group
Vince Daniels/James Carbonara, 212-825-3210
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]

--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Receives Purchase Orders Against Previously Announced Supply Agreement
Friday June 9, 9:54 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--June 9, 2006--Unity Wireless Corporation (OTCBB:UTYW - News), a developer of wireless systems and coverage-enhancement solutions, has received purchase orders against a supply agreement with a North American tier-one customer announced December 15, 2005 that are consistent with the customer's production forecast of US$3.5 million in revenue for all of 2006. Shipments under the supply agreement will exceed US$800,000 by the end of June and the balance is expected to be released to production and shipped during the 3rd and 4th quarters of 2006.
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Ilan Kenig, President and CEO of Unity Wireless, commented, "There is a reasonably good chance that this customer's purchases will exceed its forecast for the year. The positive outlook on sales to this customer contributes to our belief that we will achieve strong organic revenue growth this year in our core product lines."

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
The Investor Relations Group
Vince Daniels/James Carbonara, 212-825-3210
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]

--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Closes Acquisition of Avantry Ltd.
Wednesday June 14, 9:38 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--June 14, 2006--Unity Wireless Corporation (OTCBB:UTYW - News), a developer of wireless systems and coverage-enhancement solutions, announced today that the acquisition of Avantry Ltd., a Israel-based point-to-point microwave radio developer, closed June 8, 2006. Avantry, at the time of closing, had open purchase orders worth approximately US$400,000 that are scheduled to ship to customers prior to June 30, 2006.
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Ilan Kenig, President and CEO of Unity Wireless, commented, "We are pleased to announce the closing of this transaction and proud to welcome the Avantry employees into the Unity Wireless family. We are looking forward to completing the two other previously announced acquisitions over the next several weeks and presenting a more sizable organization to our market."

The acquisition of Avantry brings to Unity Wireless a broad transmission product line, integrating microwave radio systems aimed at carrying flexible combinations of SDH, PDH voice and data and Ethernet traffic. Avantry systems are installed and supported in over 25 countries worldwide through a network of VARs, distributors and OEM's. Its customer base includes major national cellular and fixed networks operators, ISP's, government agencies and enterprises around the world.

"Many of Avantry's customers and distributors have also responded positively to our efforts to integrate the sales and related business development resources," commented Dror Wertman, CEO of Avantry. "We do believe that there is significant potential to unlock greater sales opportunities across the combined product lines and markets now that Unity Wireless and Avantry have become one."

Unity Wireless is now preparing to stock inventory and spares for the Avantry product line as well as perform customer-support and field-support related functions for customers in the Americas out of Unity Wireless' headquarters in Canada.

"In the coming months Unity Wireless intends to launch additional point-to-point products that should give our customers and distributors more choice in selecting the right point-to-point radio solution for their application," commented James Carruthers, Vice President of Marketing at Unity Wireless. "We expect that adding new products while strengthening our field and customer support infrastructure will result in much greater revenue opportunities in many of our key markets."

Avantry had audited 2005 revenues of US$9.5 million, a loss of US$2.5 million, and had positive net assets of US$0.5 million at December 31, 2005. The company has had the backing of an international group of venture capital investors whose investments in the development of Avantry's point-to-point microwave radio technologies exceeded US$60 million.

"Restructuring at the Avantry facility has begun and should be completed within 30 days. It is anticipated that over the course of the next several months, the capital burn-rate that existed at Avantry prior to our acquisition will be significantly reduced and that its business will positively contribute to our overall profitability targeted in 2007," added Dallas Pretty, CFO of Unity Wireless. "We also anticipate that the acquisition of the two additional companies currently underway will facilitate even greater economies of scale across the entire operations infrastructure in Israel."

Terms of the acquisition were unchanged from the initial terms announced on February 10, 2006 whereby Unity Wireless acquired Avantry for a US$1,750,000 note due April 15, 2007 and convertible into shares of common stock at $0.25 per share in addition to 600,000 warrants exercisable at $0.40 per share. Additional information may be found on Form 8-K's filed by Unity Wireless with respect to this transaction.

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investors:
The Investor Relations Group
Vince Daniels or James Carbonara, 212-825-3210
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]

--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

14-Jun-2006

Completion of Acquisition or Disposition of Assets, Creation of a Direct Fina



Item 2.01. Completion of Acquisition or Disposition of Assets
On June 8, 2006, the Company completed the merger by and among the Company, Unity Wireless Microwave Systems Ltd. ("UW Microwave"), an Israeli corporation and a wholly owned subsidiary of the Company, and Avantry Ltd. ("Avantry"), pursuant to the terms of a merger agreement entered into by and among the parties effective February 15, 2006 ("Merger Agreement").

The purchase price consisted of convertible promissory notes of the Company (the "Notes") in the aggregate principal amount of USD $1,750,000 that are convertible into common stock at $0.25 per share, and warrants to purchase an aggregate of 600,000 shares of common stock at an exercise price of USD $.40 a share (the "Warrants").

In order to obtain the required consent of Bank Hapoalim to the merger UW Microwave assumed a $900,000 debenture to Bank Hapoalim that requires repayments up to March 31, 2007 and accrues interest at libor plus 2.5% per annum. The Company guaranteed this debenture. The debenture is secured by substantially all of the assets of UW Microwave.

The foregoing description is qualified in its entirety by reference to the Merger Agreement and the related documents, copies of which are attached hereto in the list of exhibits below and are incorporated herein by reference.





Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
See item 2.3 for information on a $900,000 debenture that was issued by a subsidiary of the Company and that has been guaranteed by the Company.

The foregoing description is qualified in its entirety by reference to the agreements and instruments, copies of which are attached hereto in the list of exhibits below and are incorporated herein by reference.





Item 9.01. Financial Statements and Exhibits
(a) Financial Statements of the Business Acquired

The financial statements required by Item 9.01(a) of Form 8-K will be filed by amendment within 71 calendar days after the date this report on Form 8-K.

(b) Pro Forma Financial Information

The pro forma financial statements required by Item 9.01(b) of Form 8-K will be filed by amendment within 71 calendar days after the date this report on Form 8-K.

(d) Exhibits


Exhibit Description
2.1 Merger Agreement dated February 7,
2006 by and among Unity Wireless
Corporation, Unity Wireless
Microwave Systems Ltd. and Avantry
Ltd. ("Merger Agreement"),
incorporated by reference to the
company's Form 8-K filed with the
Securities and Exchange Commission
on February 17, 2006
2.2 Amendment to the Merger Agreement
2.3 Letter Agreement dated February 7,
2006 by certain shareholders of
Avantry in favor of Unity Wireless
Corporation, incorporated by
reference to the company's Form 8-K
filed with the Securities and
Exchange Commission on February 17,
2006
4.1 Form of Note
4.2 Form of Warrant
10.1 Form of Debenture by and between
Unity Wireless Microwave Systems
Ltd. and Bank Hapoalim dated June
7, 2006
10.2 Form of Guarantee Agreement by and
between Unity Wireless Corporation
and Bank Hapoalim dated June 7, 2006
10.3 Form of Bank Agreement by and among
Unity Wireless Corporation, Unity
Wireless Microwave Systems Ltd. and
Bank Hapoalim dated June 7, 2006
99.1 Press Release dated June 14, 2006 by
Unity Wireless Corporation

[Bombenleger]

Unity Wireless Receives Additional Purchase Orders Against Previously Announced Supply Agreement
Thursday June 15, 9:43 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--June 15, 2006--Unity Wireless Corporation (OTCBB:UTYW - News), a developer of wireless systems and coverage-enhancement solutions, received new purchase orders against a supply agreement with a North American tier-one customer announced December 15, 2005 and recently updated per the Company's press release dated June 9, 2006.
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Total shipments since signing the agreement in December 2005 are now expected to exceed US$1 million by the end of June 2006. As previously noted, the balance of the anticipated US$3.5 million value of the supply agreement is expected to be released to production and shipped during the 3rd and 4th quarters of 2006.

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investors:
The Investor Relations Group
Vince Daniels/James Carbonara, 212-825-3210
or
Osprey Partners
Mike Mulshine, 732-292-0982
[e-mail]

--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Expands Customer Support and Manufacturing Operations in China
Wednesday June 21, 9:25 am ET


BURNABY, BC--(MARKET WIRE)--Jun 21, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of wireless systems and coverage-enhancement solutions, has expanded its customer support and manufacturing operations in Shenzhen, China to support delivery of products to customers in the region, and has added additional depth to its China-based customer support team.
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Ilan Kenig, President and CEO of Unity Wireless, commented, "It has been our plan for some time to expand our operations capability in China and to further enhance our available resources to better support our customers. These efforts have inherent cost-savings, increase our production capacity, and, with our business continuing to grow, strengthen our ability to meet the product requirements of our customers now and for the foreseeable future."

It is anticipated that the cost savings associated with the expansion of the Company's operations in China will positively impact gross margins beginning in the current quarter.

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties including, without limitation, inability to complete any proposed transactions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Unity Wireless Receives Orders for Integrated Wireless Subsystems From North American-Based Customer Supporting Preparations for Hurricane Season
Thursday June 22, 9:00 am ET


BURNABY, BC--(MARKET WIRE)--Jun 22, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of wireless systems and coverage-enhancement solutions, has received purchase orders for its integrated wireless subsystem product from a North American-based wireless network customer. These integrated wireless subsystems form a substantial component of a rapidly deployable, compact base station being readied for deployment by the customer in preparation for use during the present hurricane season.
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Ilan Kenig, President and CEO of Unity Wireless, commented, "We are pleased that we can play a supporting role in the general readiness of the United States wireless industry if called upon to respond quickly to restore wireless service in areas that may be affected by the aftermath of natural disasters such as hurricanes. These orders follow similar ones last year where our systems were deployed throughout the US gulf coast region in the wake of Katrina. We believe that these new orders are an indicator of how useful these systems were in helping to facilitate recovery efforts and look forward to additional deployments for these systems under more normal circumstances as well."

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties including, without limitation, inability to complete any proposed transactions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
Vince Daniels
James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Unity Wireless Closes Acquisition of Celerica Ltd.
Thursday July 6, 9:00 am ET


BURNABY, BC--(MARKET WIRE)--Jul 6, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of wireless systems and coverage-enhancement solutions, closed its acquisition of Celerica Ltd., an Israel-based developer of coverage enhancement solutions for 2G and 3G wireless networks, effective July 4, 2006.
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Ilan Kenig, President and CEO of Unity Wireless, commented, "We are pleased to announce the closing of this transaction and welcome the Celerica employees into the Unity Wireless family. We are looking forward to completing our strategic acquisition plan, previously announced May 16, 2006, over the next several weeks and presenting a much stronger company to our market."

The acquisition of Celerica brings to Unity Wireless a unique line of coverage enhancement solutions that are being used today by operators of UMTS 3G networks in Europe and Asia. Often referred to in the industry as "distributed antenna systems" or "remote RF heads" mainly utilizing unlicensed free space optics (FSO) and 5.8Ghz microwave links, these systems allow operators to cost-effectively expand their coverage footprint by remotely distributing the capacity of centrally located base stations. In addition, several elements within the Celerica product lines are also marketable as stand-alone products.

"As a result of this transaction, we are seeing the potential of significantly increasing our opportunities with existing customers," commented Nissim Atias, CEO of Celerica Ltd. "We are very excited about this transaction and looking forward to play a role in a much bigger organization."

Celerica had audited 2005 revenues of US$2.2 million, a loss of US$6.1 million, and had positive net assets of US$2.9 million at December 31, 2005. The company has had the backing of an international group of venture capital investors whose investments in the development of Celerica's coverage enhancement products exceeded US$30 million.

"Restructuring Celerica is somewhat complete and the capital burn-rate that existed prior to our transaction has been reduced significantly. As we have said previously, the transactions currently underway are expected to create greater economies of scale across the entire operations infrastructure and are pleased with our efforts made so far," added Dallas Pretty, CFO of Unity Wireless.

Terms of the acquisition were unchanged from the initial terms announced on February 10, 2006 whereby Unity Wireless acquired Celerica Ltd. for preferred shares that upon conversion will represent 20 million shares of common stock. Additional information may be found on Form 8-K's filed by Unity Wireless with respect to this transaction.

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties including, without limitation, inability to complete any proposed transactions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:

James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Unity Wireless to Acquire Wireless Network Coverage Enhancement Solutions Developer Celletra Ltd.
Wednesday July 19, 9:00 am ET


BURNABY, BC--(MARKET WIRE)--Jul 19, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of wireless systems and coverage-enhancement solutions, has signed a definitive agreement to acquire Celletra Ltd., provider of coverage and capacity enhancement solutions for wireless communications networks. Celletra's audited revenues for its fiscal year ended December 31, 2005 were US$7.2 million, with positive net assets of US$5.6 million. Unaudited revenue for the six-month period ended June 30, 2006 was approximately US$5 million.
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Ilan Kenig, President and CEO of Unity Wireless, commented, "Celletra has a proven track record as a developer and supplier of coverage enhancement solutions to operators of wireless networks and is led by an experienced group of wireless industry professionals. We are pleased to have the Celletra team joining the Unity Wireless family and are confident that they will contribute their experience and expertise towards making our company a stronger entity as we complete this important stage of our strategic acquisition plan announced May 16, 2006. The addition of Celletra's business rounds out the product lines Unity Wireless can now offer to both its OEM and cellular operator customers."

Mr. Kenig added, "We are now working on consolidating the three companies, Celletra, Celerica and Avantry, into one location, which is intended to increase efficiencies in operations and provide substantial cost savings. With nearly US$24 million in combined sales across all four companies in 2005, and greater levels projected for 2006 and 2007, we intend to leverage the strengths that each company contributes and be of much greater value to our customers, partners and stockholders. These efforts are expected to result in a stronger consolidated business within a short period of time."

The acquisition of Celletra will bring to Unity Wireless a broad range of coverage enhancement systems that are used to improve capacity and coverage in CDMA, GSM and WCDMA wireless networks. With a historical emphasis on indoor and outdoor repeaters in various power configurations, Celletra's customer base includes major national cellular operators mainly in India, Asia Pacific, South and Central America.

"Our team is very excited by the prospect of becoming part of a larger organization, and together creating a sizeable wireless supplier. We look forward to jointly addressing the tremendous opportunities presented to us as we join the Unity Wireless team and complete the integration of the three companies as soon as possible," said Celletra's CEO Shaike Schatzberger. "This transaction is expected to provide all of us with a stronger foundation that helps to expand our growing business."

Celletra is backed by leading venture capital funds, including Star Ventures, Gemini, Infinity, Mofet Technology Fund and Clal.

David (Dede) Goldschmidt, current Chairman of Celletra and CEO and Managing Partner of Mofet Technology Fund, added, "We are proud of Celletra's accomplishments with its current product mix, technological achievements and its recognition by some very significant cellular operators. Watching the trends in the industry, we are strong proponents of the consolidation strategy of Unity Wireless and are confident that this transaction will create many natural synergies and lead to what we believe will be a very competitive company in the wireless infrastructure market."

Terms of the definitive agreement will require Unity Wireless to issue preferred shares convertible into 70 million shares of common stock. There is also an earn-out bonus of 20 million shares of common stock and warrants to purchase 40 million shares of common stock at prices ranging from US$0.20 to US$0.30 should Celletra's business meet certain performance milestones in 2006. Excluding shares of common stock underlying warrants, shares issued pursuant to this transaction are subject to resale restrictions for a minimum 12-month period and will be released in 12 equal amounts monthly over the following 13 to 24 months. The transaction has been approved by the boards of directors of both companies, and is expected to close within 60 days.

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties including, without limitation, inability to complete any proposed transactions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Unity Wireless Lands Product Development Order From North American Tier-1 Customer
Monday July 31, 9:00 am ET


BURNABY, BC--(MARKET WIRE)--Jul 31, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of wireless systems and coverage-enhancement solutions, has received a purchase order worth approximately US$180,000 from an existing North American Tier-1 customer for the development and delivery of new products for system qualification during the month of August and subsequent field trials scheduled for this year.
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Ilan Kenig, President and CEO of Unity Wireless, commented, "This is a very important project for Unity Wireless in terms of its potential size. We believe this contract highlights our ever expanding partnership with this customer and the greater support we are now providing as we take a more important role in the development of this new version of their successfully deployed broadband wireless network."

The new products being developed are designated for a new broadband wireless access network requirement that, if the customer is successful in winning the order from a specific wireless network operator, could represent a substantial production revenue opportunity for Unity Wireless.

"We believe that this opportunity has the potential to be very significant project for our company," noted Rick Byrd, Vice President, Sales - OEM Solutions at Unity Wireless. "We are very proud of the close relationship we have established with this customer during the last several years and we are pleased to be given this opportunity to develop more base station-related products to meet this customer's increasing requirements for new system deployments."

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties including, without limitation, inability to complete any proposed transactions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

14-Aug-2006

Quarterly Report



Item 2. Management's Discussion and Analysis or Plan of Operation
The following discussion of the financial condition, changes in financial condition, and results of operations of Unity Wireless Corporation should be read in conjunction with our most recent financial statements and notes appearing: (1) in this Form 10-QSB; and (2) the Form 10-KSB for the year ended December 31, 2005 filed on March 31, 2006.

The financial statements have been prepared on the going concern basis under which an entity is considered to be able to realize its assets and satisfy its liabilities in the ordinary course of business. Operations to date have been primarily financed by borrowing and equity transactions. Our future operations are dependent upon the identification and successful completion of additional long-term or permanent equity financing, the continued support of creditors and stockholders, and, ultimately, the achievement of profitable operations. There can be no assurances that we will be successful. If we are not, we will be required to reduce operations or liquidate assets. We will continue to evaluate our projected expenditures relative to our available cash and to seek additional means of financing in order to satisfy our working capital and other cash requirements. The auditors' report on the audited consolidated financial statements for the fiscal year ended December 31, 2005 contained in the 10-KSB filed on March 31, 2005, includes an explanatory paragraph that states that as we have suffered recurring losses from operations, substantial doubt exists about our ability to continue as a going concern. The audited consolidated financial statements or the interim quarterly unaudited consolidated financial statements included with this quarterly report do not include any adjustments relating to the recoverability of assets and classification of assets and liabilities that might be necessary should we are unable to continue as a going concern.

Forward-Looking Statements

This quarterly report contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks in the section entitled "Risk Factors", that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

Our financial statements are stated in United States Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles.

In this quarterly report, unless otherwise specified, all dollar amounts are expressed in United States dollars. All references to "CDN$" refer to Canadian dollars and all references to "common shares" refer to the common shares in our capital stock.

As used in this quarterly report, the terms "we", "us", "our", and "Unity" mean Unity Wireless Corporation, unless otherwise indicated.

General

We make high power radio frequency amplifiers and related subsystems used in both mobile and fixed wireless networks. We have developed over 40 models of our products that are used in cellular, personal communication services (PCS), paging, wireless local loop (WLL) and third generation (3G) networks. Almost all of our products are custom made or adapted to satisfy each customer's particular requirements covering a range of average output power levels (from 2 watts to 80 watts) and a number of different operating frequency bands.

Most of our products are high power amplifiers and related subsystems used in base transceiver stations (BTS or base stations), to amplify signals sent from the network to a terminal such as a cell phone. We also make products used in signal repeaters and tower-top antenna systems that are used to extend and enhance wireless network coverage.

Results of Operations

Three months Ended June 30, 2006 and June 30, 2005

Sales

Net sales in the second quarter of 2006 were $1,998,397, an increase of 16.40% or $281,509, from $1,716,888 in the second quarter of 2005. This increase was primarily due to the result of the realization of projects in our customer base and a general improvement in the telecommunication industry.

Cost of Goods Sold and Operating Expenses

Cost of goods sold during the second quarter of 2006 was $1,597,679 resulting in a gross margin of $400,718 or 20.05% of net sales, compared to $1,224,026 in the second quarter of 2005 resulting in a gross margin of $492,862, or 28.70% of net sales. This decrease in gross margin percentage is primarily the result of the high portion of sales related to China in which the margins were lower due to the competition pressures. Cost of goods sold includes stock-based compensation expense of $4,862 in the second quarter of 2006 versus $8,762 in the second quarter of 2005.

Research and development expenses in the second quarter of 2006 were $495,749, a decrease of $34,448 or 6.50%, from $530,197 in the second quarter of 2005. This decrease was primarily the result of additional processes established around the development of new products which has resulted in more effective use of materials and improved labor utilization. Research and development expense includes stock-based compensation expense (recovery) of ($1,323) in the second quarter of 2006 versus $16,959 in the second quarter of 2005.

Sales and marketing expenses in the second quarter of 2006 were $296,769, an increase of $108,786, or 57.87%, from $187,983 in the second quarter of 2005.
This increase was primarily to the result of additional sales initiatives that include additional sales personnel on staff, increased travel expenses to visit new customers and additional trade show exhibition expenses. Sales and marketing expenses include stock-based compensation expense of $18,974 in the second quarter of 2006 versus the expenses of $15,609 in the second quarter of 2005.

Exchange loss in the second quarter of 2006 was $34,052, a decrease of $32,930, from $66,982 in the second quarter of 2005 due to fluctuations in the currency exchange rate between the U.S. and Canada.

Interest expense for the second quarter of 2006 increased by $39,580 to $115,853 from $76,273 in the second quarter of 2005. This increase was primarily to the result of the increase in interest payable to note holders of the convertible debenture issued in February of 2006.

General and administrative expenses exclude the stock-based compensation expenses in the second quarter of 2006 were $340,680, an increase of $22,152 or 7.00%, from $318,528 in the second quarter of 2005. This increase was primarily the result of the travel and other expenses related to the acquisitions and were not capitalized. General and administrative expenses include stock-based compensation expense of $66,009 in the second quarter of 2006 versus $144,563 in the second quarter of 2005.

Accretion of interest and loss on debt settlement for the second quarter of 2006 were $99,935, a decrease of $354,206, compared to $454,141 in the second quarter of 2005. This decrease was primarily to the result of the modification of the terms of the debentures which were issued in August 2004 and February 2005. The modification of the terms was made on February 28, 2006.

Loss in the second quarter of 2006 was $1,167,404, a decrease of $198,000, or 14.50%, from a loss of $1,365,404 in the second quarter of 2005. This decrease was primarily the result of the general improvement in the operation and the decrease in accretion of interest.

Six months Ended June 30, 2006 and June 30, 2005

Sales

Net sales in the first half of 2006 decreased by 14.78% or $544,431, to $3,140,027 from $3,684,458 in the first half of 2005. This decrease was due to the fluctuations in the delivery of our production volume projects to our customers in the first half of 2006.

Cost of Goods Sold and Operating Expenses

Cost of goods sold during the first half of 2006 was $2,478,975 resulting in a gross margin of $661,052 or 21.05% of net sales, compared to $2,846,709 in the first half of 2005 resulting in a gross margin of $837,749, or 22.73% of net sales. The decrease in gross margin percentage is primarily the result of the high portion of sales related to China in which the margins were lower due to the competition pressures. Cost of goods sold includes stock-based compensation expense of $11,411 in the first half of 2006 versus $11,988 in the first half of 2005.

Research and development expenses in the first half of 2006 were $891,633, a decrease of $356,816 or 28.58%, from $1,248,449 in the first half of 2005. This decrease was primarily to the result of additional processes established around the development of new products which has resulted in more effective use of materials and improved labor utilization. Research and development expense includes stock-based compensation expense of $39,678 in the first half of 2006 versus $37,284 in the first half of 2005.

Sales and marketing expenses in the first half of 2006 were $455,067, an increase of $192,793, or 73.51%, from $262,274 in the first half of 2005. This increase was primarily to the result of additional sales initiatives that include additional sales personnel on staff, increased travel expenses to visit new customers and additional trade show exhibition expenses. Sales and marketing expenses include stock-based compensation expense (recovery) of $29,176 in the first half of 2006 versus ($39,459) in the first half of 2005.

Exchange loss in the first half of 2006 was $49,526, an increase of $7,488, from $42,038 in the first half of 2005 due to fluctuations in the currency exchange rate between the U.S. and Canada.

Interest expense for the first half of 2006 increased by $70,074 to $201,113 from $131,039 in the first half of 2005. This increase was primarily to the result of the increase in interest payable to note holders of the convertible debenture issued in February of 2006.

General and administrative expenses exclude the stock based compensation in the first half of 2006 were $721,621, an increase of $161,805, or 28.90%, from $559,816 in the first half of 2005. This increase was primarily the result of the travel and other expenses related to the acquisitions and were not capitalized. General and administrative expenses include stock-based compensation expense of $168,587 in the first half of 2006 versus $393,312 in the first half of 2005.

Accretion of interest and loss on debt settlement for the first half of 2006 were $1,715,900, an increase of $1,120,679, compared to $595,221 in the first half of 2005. This increase was primarily the result of the interest accretion in relation to convertible debentures issued since August 2004 and loss on debt settlement related to modifications to the terms of the debentures which were issued in August 2004 and February 2005.

Loss in the first half of 2006 increased by 47.12%, or $1,198,630, to $3,742,209, from $2,543,579 in the first half of 2005. The increase was primarily the result of an increase in both sales and marketing expenses, and general and administrative expenses which were spent in order to expand our customer base and complete the acquisition issues respectively. Besides, the increase in accretion of interest also increased the losses in the first half of 2006.

Non-GAAP Financial Information

Certain non-GAAP financial information as defined by the U.S. Securities Commission Regulation G is presented below. Pursuant to the requirements of this regulation, a reconciliation of this financial information to our financial statements as prepared under generally accepted accounting principles in the United States (GAAP) is included. Unity's management believes that the disclosure of this non-GAAP financial information is useful to our investors and the investment community since certain non-cash charges and expenses may not be reflective of future expenses.

Loss for the quarter ended June 30, 2006 was $1,167,404 compared to $1,365,404 in 2005. Net of stock based compensation and other non-cash expenses of $329,782 in the quarter ended June 30, 2006 and $749,950 in 2005, loss for the quarter ended June 30, 2006 was $837,622 compared to $615,454 in 2005.

Loss for the first half of June 30, 2006 was $3,742,209 compared to $2,543,579 in 2005. Net of stock based compensation and other non-cash expenses of $2,221,031 in the first half of 2006 and $1,171,784 in 2005, loss for the first half of 2006 was $1,521,178 compared to $1,371,795 in 2005.


RECONCILIATION OF STATEMENT OF OPERATIONS TO NON-GAAP MEASURES


Three month ended Six month ended
June 30, 2006 June 30, 2005 June 30, 2006 June 30, 2005
Loss for the period $ (1,167,404) $ (1,365,404) $ (3,742,209) $ (2,543,579)

Add back:
Stock based compensation 88,522 185,893 248,852 403,125
Accretion of interest
and loss on debt
settlement 99,935 454,141 1,715,900 595,221
Amortization 89,986 53,846 153,601 93,912
Shares issued in
settlement of interest 51,339 56,070 102,678 79,526

Loss for the period, net
of non-cash charges (837,622) (615,454) (1,521,178) (1,371,795)




Liquidity and Capital Resources

Since our inception, we have been dependent on investment capital as our primary source of liquidity. We had an accumulated deficit at June 30, 2006 of $31,014,695. During the six-month period ended June 30, 2006, we incurred a net loss, after stock-based compensation, of $3,742,209.

During the six-month period ended June 30, 2006, our cash position was increased to $401,904. This increase was primarily due to convertible debentures issued in the period and cash acquired as part of the acquisition of Avanty. The primary use of cash was for our continued operations.

During the six-month period ended June 30, 2006, the Corporation issued 1,575,513 common shares in settlement of $218,336 of accounts payable, 555,555 common shares upon exercise of warrants for cash proceeds of $72,222, 200,000 common shares upon exercise of options for cash proceeds of $34,000.

During the six-month period ended June 30, 2006, we purchased $3,086 in equipment.

Other than leases for premises and equipment commitments for an aggregate of $1,355,559 through 2009, we have no material commitments outstanding at June 30, 2006.

Our capital requirements are difficult to plan in light of our current strategy to expand our customer base and to develop new products and technologies. We do not expect positive cash flow from operations in the near term. We may not be able to obtain additional equity or debt financing on acceptable terms when we need it. We have pledged all of our assets to secure convertible notes that we issued in August 2004, February 2005, March 2005 and February 2006. We may be required to obtain the consent of certain of our investors prior to the issuance of our common stock or common stock equivalents and prior to entering into an agreement to assume certain liabilities. Our operations to date have been primarily financed by sales of our equity securities and debt financing. We are restricted from declaring dividends on our common shares pursuant to Convertible Note and Warrant Purchase Agreements dated August 31, 2004, February 11, 2005, March 24, 2005 and February 28, 2006 for so long as any of these issued convertible notes are outstanding. As of June 30, 2006, we had working deficit of $4,340,904. Our operations presently are generating negative cash flow, and we do not expect positive cash flow from operations in the near term. Our ability to continue as a going concern is dependent upon obtaining further financing, successful and sufficient market acceptance of our current products and any new product offerings that we may introduce, the continuing successful development of our products and related technologies, and, finally, achieving a profitable level of operations. The issuance of additional equity securities by us could result in a significant dilution in the equity interests of our current stockholders. Obtaining commercial loans, assuming those loans would be available, will increase our liabilities and future cash commitments.

Business Combination

On June 8, 2006, the Company completed the merger by and among the Company, Unity Wireless Microwave Systems Ltd. ("UW Microwave"), an Israeli corporation and a wholly owned subsidiary of the Company, and Avantry Ltd. ("Avantry"), pursuant to the terms of a merger agreement entered into by and among the parties effective February 15, 2006 ("Merger Agreement"). Under the term of the Merger Agreement, Unity Wireless Corporation acquired all of the assets of Avantry in exchange for $1,750.000 of convertible promissory notes that are convertible into common stock at $0.25 per shares and warrants to purchase an aggregate of 600,000 shares of common stock at an exercise price of $0.40.

Avantry offers a comprehensive transmission product line of integrated microwave radio and optical transport systems for carrying flexible combinations of voice and data traffic. Avantry's product line offering includes:

•

Radio Ring IP - A point-to-point high capacity microwave radio with integrated SDH ADM and Ethernet Switching technologies.

•

WitLink - A point-to-point low to medium capacity microwave radio for carrying PDH voice and Ethernet traffic.

•

Optisky - A new generation of SDH optical access system integrating voice and data for the Metropolitan Area Network (MAN).

The high technology industry, in which Avantry is involved, is highly competitive and is characterized by the risks of rapidly changing technologies as well as penetration into world market required investment of considerable resources and continuous development efforts. Avantry's future success is dependent upon several factors including the technological quality and price / performance of its products relative to those of its competitors. There can be no assurance that Avantry will be able to maintain the high technological quality of its product or to continue to develop or market its new products effectively.

Subsequent Events

Celerica Inc. acquisition:

Effective May 23, 2006, the Company entered into a merger agreement dated May 15, 2006 with Celerica, Inc., a Delaware corporation ("Celerica"), for the merger of Unity Wireless Acquisition Corp., a Delaware corporation that is wholly owned by the Company, into Celerica. As a result of the merger, Celerica will at the closing become a wholly owned subsidiary of the Company.

At the closing the Company will issue to the Celerica Selling Shareholders (as defined) an aggregate of 20,000 shares of Series A Convertible Non Redeemable Preferred Shares. Each share of the Series A Preferred Stock will automatically convert into 1,000 shares of Common Stock upon the effectiveness of a certificate of amendment to the Certificate of Incorporation duly filed with the Secretary of State of Delaware that increases the authorized number of shares of Common Stock ("Amendment"). The Company agreed that the Amendment will be effected no later than November 15, 2006. The Series A Preferred Stock has a preference on liquidation of $0.16 per share on an as converted basis, and is otherwise substantially equivalent to the common stock.

The closing of the transaction occurred on July 4, 2006.

Celletra Inc. acquisition:

Effective July 17, 2006, the Company entered into a purchase agreement dated July 17, 2006 with Celletra, Ltd., an Israel corporation ("Celletra"), for the purchase of Celletra by the Company. As a result of the purchase, Celletra will at the closing become a wholly owned subsidiary of the Company.

At the closing the Company will issue to the Celletra Selling Shareholders (as defined) an aggregate of 70,000 shares of Series B Convertible Non Redeemable Preferred Shares ("Series B Preferred Stock"). Each share of the Series B Preferred Stock will be convertible into 1,000 shares of Common Stock upon the effectiveness of a certificate of amendment to the Certificate of Incorporation duly filed with the Secretary of State of Delaware that increases the authorized number of shares of Common Stock ("Amendment"). An additional 20,000 shares of Series B Preferred Stock and 40 million warrants, at exercise prices ranging from US$0.20 to US$0.30, may also be issuable based on certain performance milestones being met by Celletra in 2006.

The transaction is expected to close at August 31, 2006.

Inflation

We do not believe that inflation has had a significant impact on our consolidated results of operations or financial condition.

[Bombenleger]

Unity Wireless Closes Acquisition of Celletra Ltd.
Friday August 18, 5:45 am ET


BURNABY, BC--(MARKET WIRE)--Aug 18, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a supplier of wireless systems and coverage-enhancement solutions, closed its acquisition of Celletra Ltd., an Israel-based supplier of coverage enhancement solutions for 2G and 3G wireless networks, effective August 17, 2006.
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Ilan Kenig, President and CEO of Unity Wireless, commented, "We are pleased to have closed this transaction as it is an important part of our strategy to more aggressively grow Unity Wireless as was outlined in a release on May 16, 2006. We believe that this acquisition of Celletra, when combined with the recent acquisitions of Avantry and Celerica, will allow us to be a much stronger company and competitor in our market."

The acquisition of Celletra has brought to Unity Wireless a broad range of coverage enhancement systems that are used to improve capacity and coverage in CDMA, GSM and WCDMA wireless networks. With a historical emphasis on indoor and outdoor repeaters in various power configurations, Celletra's customer base includes major national cellular operators mainly in India, the Asia Pacific region, and South and Central America.

Celletra, from its inception, has had the financial backing of venture capital funds, including such firms as Star Ventures, Gemini, Infinity, Mofet Technology Fund and Clal. Celletra's audited revenues for its fiscal year ended December 31, 2005 were US$7.2 million, with positive net assets of US$5.6 million. Unaudited revenue for the six-month period ended June 30, 2006 was approximately US$4.4 million.

Terms of the acquisition were unchanged from the initial terms announced on July 19, 2006. As Celletra has meet the required performance milestones, Unity Wireless has issued preferred shares that are convertible into 90 million shares of common stock and warrants to purchase 40 million shares of common stock at prices ranging from US$0.20 to US$0.30. Excluding shares of common stock underlying warrants, shares issued pursuant to this transaction are subject to resale restrictions for a minimum 12-month period and will be released from restrictions in 12 equal amounts monthly over the following 13 to 24-months.

"With the closing behind us, we continue integration to maximize economies of scale across our combined operations," said Celletra's CEO Shaike Schatzberger. "It has become apparent that we should be able to integrate our operations much quicker than previously anticipated and look forward to making a positive contribution to the success of Unity Wireless in the very near future."

About Unity Wireless

Unity Wireless is a supplier of wireless systems and coverage-enhancement solutions for wireless communications network infrastructure. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties including, without limitation, inability to complete any proposed transactions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Unity Wireless Receives US$400,000 Purchase Order for GSM Repeaters From a Turkish Wireless Network Operator
Monday August 21, 5:33 am ET


BURNABY, BC--(MARKET WIRE)--Aug 21, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a supplier of wireless systems and coverage-enhancement solutions, has received a US$400,000 purchase order for a variety of the Company's GSM Repeaters from a wireless network operator in Turkey. The order is scheduled to be delivered in the current quarter.
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Ilan Kenig, President and CEO of Unity Wireless commented, "We are pleased to see that following our recent acquisitions our repeater product line is gaining recognition in new territories and with new clients around the world. Unity is now positioned as a global-based company with physical operations in several countries around the world, including the USA, Canada, Israel, China, South America, India, the UK, and Taiwan. Our increased ability to support our clients is expected to positively impact our top and bottom lines this year."

Mr. Kenig added, "We are focused intently on driving our sales higher, maximizing product line opportunities and channel partner relationships. With the broader product offering we now have, we expect orders such as this one will become a very frequent event."

Each of these repeaters provide exceptional coverage due to their low noise figures and high gain, while having minimal impact on the donor cell, using wide range gain control for performance optimization. Hermetically sealed enclosures, integrated electronics and built-in test and recovery capabilities also make these repeaters extremely reliable. Additional features include auto level control for power overload protection and an SMS-based NMS (Network Management System) tool that can allow network operators to monitor and control the repeaters remotely through an internal wireless modem.

"The global sales team and distribution network we now have as a result of our recent acquisitions are directly responsible for this order," said David Orton, Vice President, Sales - Coverage Solutions. "After bidding in an open tender to supply this new customer we expect that this will likely be the first of many substantial orders that we will receive this year."

Repeaters are used by operators of wireless networks to fill-in gaps in their coverage areas where the cost to install an entire base station and its related infrastructure is prohibitive. Unity Wireless offers a full range of repeaters in multiple configurations, serving operators of CDMA, GSM and WCDMA (UMTS) networks in 800, 900, 1800, 1900 and 2100 MHz bands. The Company intends to offer additional product lines to support the deployment of WiMax networks using OFDM modulation.

About Unity Wireless

Unity Wireless is a supplier of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties including, without limitation, inability to raise the funds necessary for the continued operations of the Company, changes in external market factors, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Unity Wireless Appoints Three New Directors
Wednesday August 23, 5:45 am ET


BURNABY, BC--(MARKET WIRE)--Aug 23, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a supplier of wireless systems and coverage-enhancement solutions, today announced the appointment of three new members to its board of directors. Joining the board are David Goldschmidt, Ran Shahor and Amir Gal-Or, each having previously served on the board of recently acquired Celletra Ltd. The new directors were appointed under the terms of the acquisition of Celletra.
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"We are pleased to welcome these seasoned directors to our board," commented Ken Maddison, Unity Wireless' audit committee chairman and board member. "Having previously served on the board of Celletra, they are very familiar with our industry, its trends and what is required to be successful in today's competitive market. We believe Messer's. Goldschmidt, Shahor, and Gal-Or will make positive contributions to our board by providing the support, guidance and wisdom gained in their professional careers."

Mr. David Goldschmidt is Chief Executive Officer of Mofet Israel Technology Fund, a publicly traded Israel-based venture capital fund. Prior to joining Mofet in 2001 as Managing Partner, Mr. Goldschmidt served as Vice President for ADC Telecommunications (Israel), a global supplier of broadband equipment and solutions for communications providers. In his previous position, Mr. Goldschmidt managed the Business Development group for Teledata Communications Ltd. which was later acquired by ADC. Prior to joining Teledata in 1992, Mr. Goldschmidt served for more than eight years in the Israel Defense Force (IDF), specializing in the field of data collection and analysis. Mr. Goldschmidt holds a B.Sc. in Physics & Mathematics, and an M.Sc in Solid State Physics from the Tel Aviv University, Israel.

Mr. Ran Shahor is a Managing Partner of Star Ventures, an Israel-based venture capital firm. Prior to joining Star Ventures, Mr. Shahor served for 25 years in the IDF where he held the rank of Brigadier General in the Intelligence Corps. During the last 5 years in this position, Mr. Shahor was in charge of a technology unit which was responsible for managing a substantial portion of the R&D activities conducted by the IDF. Prior to this, Mr. Shahor served as the Military Secretary for Israel's Defense Minister. Mr. Shahor holds a Law Degree from the Tel Aviv University Law School and an Executive MBA from Tel Aviv University's Recanati Business School. Mr. Shahor also sits on the boards of Ezchip Technologies Ltd. and Wavion Ltd.

Mr. Gal-Or is a Managing Partner of Infinity Venture Capital, an Israel-based venture capital firm. Prior to joining Infinity Venture Capital, Mr. Gal-Or was CEO of MATI High Tech Group/MATI Raanana, and was the Chairman of the Board for the nationwide Israeli Business Development Center (BDC) network. Prior to MATI, Mr. Gal-Or founded and sold two high-tech startup companies. Mr. Gal-Or holds an MBA from Tel Aviv University and a BA in Economics and Business Administration, and graduated from a Harvard University program in venture capital and private equity investments. He also serves as a director or observer of the boards of Shellcase, Proneuron, and Beepcard.

"On behalf of the incoming directors and as the former Chairman of Celletra, I wish to express our excitement and desire to help the team at Unity Wireless to achieve their goal of taking a significant position in the vacancy created in the wireless market," said Mr. Goldschmidt. "Unity Wireless, in our eyes, appears to be in a very good position to grow and we are proud to be a part of the team making it happen."

About Unity Wireless

Unity Wireless is a supplier of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties including, without limitation, inability to complete any proposed transactions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp

[Bombenleger]

Unity Wireless Receives US$275,000 Purchase Orders From WiMax Network OEM Customer
Thursday August 24, 5:45 am ET


BURNABY, BC--(MARKET WIRE)--Aug 24, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of wireless systems and coverage-enhancement solutions, has received a purchase order worth approximately US$275,000 from an existing OEM customer for the immediate supply of power amplifiers.
The product, a 4 Watt power amplifier for use in 3.5 GHz WiMax-ready OFDM base stations, was previously qualified by the customer and is a field-proven performer with thousands deployed in broadband wireless networks worldwide.

This purchase order is a release under a US$770,000 order originally announced January 18, 2006.

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.



Contact:
Investor Contact:
James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Unity Wireless Receives Purchase Order From Mexican Wireless Network Operator for CDMA Repeaters Worth US$186,000
Tuesday August 29, 5:45 am ET


BURNABY, BC--(MARKET WIRE)--Aug 29, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of wireless systems and coverage-enhancement solutions, has received a new purchase order worth approximately US$186,000 from an existing wireless network operator customer in Mexico for the immediate supply of two types of 20 Watt CDMA repeaters.
ADVERTISEMENT


Repeaters are used by operators of wireless networks to fill-in gaps in their coverage areas where the cost to install an entire base station and its related infrastructure is prohibitive. Unity Wireless offers a full range of repeaters in multiple configurations serving operators of CDMA, GSM and WCDMA (UMTS) networks in 800, 900, 1800, 1900 and 2100 MHz bands.

Once the service frequency and output power is determined to provide the desired coverage, the operator can choose from a variety of options available to get the voice and data traffic to and from the repeater site, a term known as backhaul. These options include non-conventional methods such as licensed and unlicensed microwave links, frequency translating links and free space optics (FSO) links in addition to conventional methods such as off-air, fiber-fed and frequency translating versions.

The ability to offer so many backhaul options to a customer is one of the unique advantages Unity Wireless now has as a result of its recent acquisitions and puts the customer in greater control of their options to enhance their wireless network coverage.

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.



Contact:
Investor Contact:
James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Antwort auf Beitrag Nr.: 23.785.801 von Bombenleger am 06.09.06 11:05:08

Unity Wireless Consolidates Three Recently Acquired Companies Into One Facility
Wednesday September 6, 5:45 am ET


BURNABY, BC--(MARKET WIRE)--Sep 6, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a supplier of wireless systems and coverage-enhancement solutions, announced today that it has completed the consolidation of the operations of three recently acquired companies into one facility, harmonized its sales and marketing initiatives under the Unity Wireless brand and has completed a corporate restructuring to reduce headcount in redundant positions.
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The combination of consolidating the facilities of the three acquired companies and reducing the employee headcount from approximately 135 to 80 people is expected to result in significant savings for the integrated company.

With the harmonization of the sales and marketing groups completed, cross-selling opportunities are being exploited and are already generating significant interest in many accounts around the world -- particularly in accounts where one of the pre-acquisition companies had a strong presence prior to the transactions. Unity Wireless now has an established presence in many of the most active markets for wireless infrastructure products around the world.

The Company anticipates efficiencies that come from increased levels of business should result in reducing the overall cost of many of the Company's product lines in many different ways. The consolidation of operations and harmonization of the sales and marketing functions across Unity Wireless and the three recently acquired companies are expected to significantly contribute to the ability of Unity Wireless to become profitable.

About Unity Wireless

Unity Wireless is a supplier of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Antwort auf Beitrag Nr.: 23.785.801 von Bombenleger am 06.09.06 11:05:08

Unity Wireless Wins Repeater Deal in South America
Monday September 11, 11:17 am ET


BURNABY, BC--(MARKET WIRE)--Sep 11, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a supplier of wireless systems and coverage-enhancement solutions, has won an open-ended RFQ (request for quotation) tendered by a South American-based wireless network operator to supply repeaters over the next 12 months. Based on information supplied by the customer, the deal is expected to be worth approximately US$300,000, but no firm orders have yet been received.
Repeaters are used by operators of wireless networks to fill in gaps in their coverage areas where the cost to install an entire base station and its related infrastructure would be prohibitive. Unity Wireless offers a full range of repeaters in multiple configurations serving operators of CDMA, GSM and WCDMA (UMTS) networks in 800, 900, 1800, 1900 and 2100 MHz bands.

About Unity Wireless

Unity Wireless is a supplier of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

ADVERTISEMENT





Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Antwort auf Beitrag Nr.: 23.785.801 von Bombenleger am 06.09.06 11:05:08

Unity Wireless Wins Point-to-Point Microwave Order From New Customer in North Africa
Tuesday September 12, 7:05 am ET


BURNABY, BC--(MARKET WIRE)--Sep 12, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a supplier of wireless systems and coverage-enhancement solutions, has received an order for two of the Company's point-to-point microwave radio products, the UNI 50 and UNI 100, from a new customer based in North Africa.
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The best value in the point-to-point microwave radio line-up from Unity Wireless, available in ETSI (outside United States) and FCC (United States)-compliant 7-38 GHz configurations, the UNI 50 is a low-to-medium capacity solution designed to carry a flexible mixture of PDH voice, data, video and Ethernet traffic up to 48 Mbps. The front panel LCD display, with built-in touch-keys, allows for control of local and remote terminals from one location, making the UNI 50 one of the easiest radio solutions to install and maintain.

The UNI 100 from Unity Wireless, is a medium capacity point-to-point microwave radio system designed to carry a flexible mixture of PDH voice, data, video and Ethernet traffic supporting software-configurable capacity of 8-100 Mbps and available in ETSI and FCC-compliant 7-38 GHz configurations.

Field-replaceable plug-in modules that cover most common payload interfaces are available for both the UNI 50 and UNI 100 products adding to their flexibility.

The new North African customer is a distributor of telecom equipment. Common applications for point-to-point microwave radios include: mobile backhaul infrastructure, PTT access and trunk networks, competitive local access networks, and enterprise or campus networks.

About Unity Wireless

Unity Wireless is a supplier of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.



Contact:
Investor Contact:
James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Antwort auf Beitrag Nr.: 23.785.801 von Bombenleger am 06.09.06 11:05:08

Unity Wireless Receives Coverage Solutions Purchase Order for Eastern European Wireless Network Operator
Monday September 25, 6:34 am ET


BURNABY, BC--(MARKET WIRE)--Sep 25, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a supplier of wireless systems and coverage-enhancement solutions, has received a purchase order for the supply of several models of the Company's repeaters used to enhance wireless network coverage. The products ordered, worth US$125,000, are scheduled to ship in the fourth quarter of 2006 and will be used to enhance coverage of the customer's GSM 900 wireless network.
The modular approach to repeater system design used by Unity Wireless provides customers, distributors and partners with flexible, high performance coverage enhancement solutions designed to economically expand wireless network coverage for operators of GSM, CDMA and UMTS networks.

About Unity Wireless

Unity Wireless is a supplier of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.



Contact:
Investor Contact:
James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp

[Bombenleger]

Antwort auf Beitrag Nr.: 23.785.801 von Bombenleger am 06.09.06 11:05:08

The "NEW" Unity Wireless Corporation Updates Stockholders on Its Growth Strategy
Thursday September 28, 5:45 am ET


Recently Completed Acquisition of Three Wireless Technology Companies Puts Unity Wireless on Clear Path of Rapid Growth for Remainder of FY2006 and Beyond; Highlights Include: Consolidated Revenue for FY2006 Expected to Triple FY2005 and Exceed US$15 Million, With FY2007 Consolidated Revenue Expected to Exceed US$30 Million; Profitable Operations Expected Within Q4 of FY2006 and for FY2007


BURNABY, BC--(MARKET WIRE)--Sep 28, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a supplier of wireless systems and coverage-enhancement solutions, today provides an update to its stockholders and the investment community on the Company's business strategy for growth in the highly competitive wireless infrastructure market.
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Ilan Kenig, President and CEO of Unity Wireless, commented, "As we were coming to the end of 2005, we realized that in order to position Unity Wireless as a strong competitor in this market we needed to grow both internally and by identifying strategic, revenue generating, acquisition targets to quickly gain critical mass."

Mr. Kenig added, "By combining synergistic companies, we achieved the critical mass we desired while also re-positioning Unity Wireless with a greater breadth of product offerings and the larger size and capability required to win increasingly larger orders and opportunities. We see this strategy as actually walking in the footsteps of such companies as Powerwave and Andrew, the two largest competitors in our industry."

The following timeline describes the acquisition of three complementary Israeli-based wireless technology companies, together having attracted over US$100 million of investment capital, and the resulting combination of operations:

-- On February 10th Unity Wireless announced that it had signed a
definitive agreement to acquire Avantry Ltd., bringing to Unity Wireless a
complete point-to-point microwave radio product line used to transport
(backhaul) voice and data traffic in wireless and wireline communications
networks. This acquisition closed on June 8, 2006.

-- On May 16th Unity Wireless announced that it had signed a definitive
agreement to acquire coverage solutions developer Celerica, Inc., and that
it was in negotiations to acquire a third company, later to be identified
as Celletra Ltd.

-- On July 6th Unity Wireless announced that it closed on the acquisition
of Celerica Inc. a developer of coverage enhancement solutions for 2G and
3G wireless networks, effective July 4, 2006.

-- On August 18th Unity Wireless announced that it had closed on the
acquisition of Celletra Ltd., a supplier of coverage enhancement solutions
for 2G and 3G wireless networks, effective August 17, 2006.

-- On August 23rd Unity Wireless announced that three new Directors would
join its Board of Directors: David Goldschmidt, Ran Shahor and Amir Gal-Or,
each of them Managing Directors of leading Israeli venture capital funds
and very familiar with the wireless industry having previously served on
the board of recently acquired Celletra Ltd.

-- On September 6th Unity Wireless announced that it had completed the
consolidation of the operations of the three recently acquired Israel-based
companies, Celletra, Avantry and Celerica, into one facility, harmonized
its sales and marketing initiatives under the Unity Wireless brand. With
the combining of workforces and consolidating of the facilities of the
three acquired companies into one location, Unity was able to reduce
employee headcount in Israel from approximately 135 to 80 people.
The recently closed acquisitions will contribute to the Company's rapid growth rate for the remainder of FY2006 and beyond. Consolidated revenue for the full financial year 2006, which includes revenue from continuing operations of Unity Wireless, plus proforma revenue of the acquired companies for the same period, is expected to exceed US$15 million, an increase of three-fold over Unity Wireless Corporation's FY2005 revenue. Management also expects consolidated revenue in FY2007 will double FY2006 to more than $30 million. Based on preliminary analysis and notwithstanding expected and/or unexpected restructuring costs, it is believed that the Company is likely to achieve profitable operations at a point in the fourth quarter of FY2006 with profitable performance expected in FY2007.

Mr. Kenig said, "We are now positioned with an impressive array of product offerings for wireless network operators and OEMs (Original Equipment Manufacturers), and are quickly becoming accepted as a serious 'bidder' for increasingly large wireless systems requirements. Our focus is solely set on Unity Wireless consistently being recognized as the clear '3rd' major provider of infrastructure components and systems, behind such companies as Powerwave and Andrew."

Mr. Kenig added, "Thanks to the support of our stockholders, board of directors, and the confidence vested in Unity Wireless by the leadership and investors in Celletra, Celerica and Avantry, we look to a very bright future for our new combined company."

About Unity Wireless

Unity Wireless is a supplier of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties including, without limitation, inability to complete any proposed transactions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Antwort auf Beitrag Nr.: 23.785.801 von Bombenleger am 06.09.06 11:05:08

Unity Wireless Lands New Product Development Order From OEM Customer
Tuesday October 3, 5:30 am ET


BURNABY, BC--(MARKET WIRE)--Oct 3, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a supplier of wireless systems and coverage-enhancement solutions, has received a new product development order from a current OEM (Original Equipment Manufacturer) customer.
ADVERTISEMENT





Ilan Kenig, President and CEO of Unity Wireless, commented, "This year we have booked approximately US$1.9 million in revenue from this customer with over 85% coming from products in volume production, while the balance of revenue represents new product development. Winning new product development orders such as this one is the first step in qualifying products for additional base station configurations and increases both our short- and long-term growth potential. As our products are integral to the operation of the customer's base station, the more products we have qualified, the more exponential revenue opportunities we have."

The new product being developed for this OEM customer by Unity Wireless is for an existing broadband wireless access network operating in the 2,100 MHz frequency spectrum allocated for third generation, or 3G, advanced wireless services. Unity Wireless currently supplies power amplifiers for this customer's products in other frequency spectrum configurations.

Unity Wireless now has several new product development initiatives underway for this customer ranging from power amplifiers to integrated RF (Radio Frequency) modules in addition to on going production orders for qualified products, in 450, 800, 1,900 and 2,500 MHz frequency configurations.

Ilan Kenig added, "It should be noted that each time one of our OEM customers chose to develop a product for a new opportunity, they are committing to an investment of considerable magnitude over what the cost is to develop just the hardware portion we are responsible for. Therefore, we feel each new product development project we win has the potential to return millions of dollars in revenue over its lifetime."

About Unity Wireless

Unity Wireless is a supplier of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties including, without limitation, inability to complete any proposed transactions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Unity Wireless Wins Bi-Annual Bid to Supply China's ZTE Corporation With a Significant Portion of the Power Amplifiers Required for Several Base Station Configurations
Wednesday October 18, 5:00 am ET


BURNABY, BC--(MARKET WIRE)--Oct 18, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of wireless systems and coverage-enhancement solutions, has been informed by China's ZTE Corporation that Unity Wireless has again been awarded a significant percentage of ZTE's power amplifier requirement used in three models of that customer's wireless network base stations as part of a bi-annual bidding and qualification process.
ADVERTISEMENT


Ilan Kenig, President and CEO of Unity Wireless, commented, "Now in its 5th year, we are proud of the supportive partnership we have made with ZTE which we believe represents the strong foundation we have laid in China. As previously announced, we are expanding our presence in China with our manufacturing facility as well as customer support and regional service center based in Shenzhen. With a strong foundation in place, and the coming release of 3G licenses in China, we believe that Unity Wireless is well positioned to increase its level of business in the region."

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.

Forward Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:

James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Starts Q4 With Over $4 Million in Purchase Orders
Thursday October 19, 5:28 am ET


BURNABY, BC--(MARKET WIRE)--Oct 19, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), an emerging developer of key network components for wireless carriers and OEM sub-components for network infrastructure manufacturers, has announced that it entered the fourth quarter in a strong starting position with purchase orders in excess of $4 million.
ADVERTISEMENT


"We are pleased to see current production orders at these levels so early in the quarter and still expect additional purchase orders to be received in Q4," commented Ilan Kenig, President and CEO of Unity Wireless Systems Corp.

Mr. Kenig continued, "The combined revenues of the 'NEW' Unity Wireless, including its three recently acquired subsidiaries, for the first six months of this year, was $8.8 million. With the last of the three acquisitions being completed on August 14th, at mid-Q3, we anticipate that consolidating the four Unity operations into a single, streamlined corporation for the remainder of FY2006 will contribute significant visible cost savings during the second half of this year."

Final results for the third quarter will be available on or about November 14th. Production orders are generally for products that have been previously qualified by customers and are in production to meet supply chain and production schedules.

About Unity Wireless

Unity Wireless is a developer of key network components for wireless carriers and OEM sub-components for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
Vince Daniels
James Carbonara
The Investor Relations Group
[phone]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Unity Wireless Launches New Line to Waiting Market
Friday October 27, 6:28 am ET


Initial Tier-One Trials Show Excellent Performance


BURNABY, BC--(MARKET WIRE)--Oct 27, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News) this week launched its new line of tower mounted wireless network coverage enhancement amplifiers (TMAs) and multiplexers to a tier-one provider market short on competitive offerings due to recent industry consolidation. A major European carrier, among the first to trial the new line, commented on the superior noise figure and rejection performance, elements which can make a very significant difference in the performance of the cellular network.
ADVERTISEMENT


"One major North American carrier informed us that they purchased 150,000 TMAs last year alone. With market consolidations reducing supplier alternatives to only two or three choices for most major networks, carriers were supportive of Unity's new line and the alternative it gives them," commented Ilan Kenig, President and CEO of Unity Wireless.

Mr. Kenig continued, "Not only does the line show superior technical performance, but our experience and our facilities, already manufacturing for highly competitive Asian markets, have allowed us to offer the new line at a price advantage over the competition."

An additional benefit Unity's new line brings to the tier-one carrier market is that the company is now one of the only manufacturers of TMAs, Bias-Ts, PDUs, and Multiplexers which is independent of an antenna manufacturer. This fact gives the carriers greater choice and competitive pricing on, what is often, a major subcomponent expense.

About Unity Wireless

Unity Wireless is a developer of developer of key network components for wireless carriers and OEM sub-components for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Saftladen]

[Bombenleger]

Two Global Tier-One Carriers Invite Unity Wireless to Participate in Major Bids
Monday October 30, 5:36 am ET


New Product Line Draws Interest From Both Sides of the Atlantic


BURNABY, BC--(MARKET WIRE)--Oct 30, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a world class provider of wireless systems and coverage-enhancement solutions, was invited to participate in, and this week submitted formal responses to two major Request for Quotations (RFQs) from both a North American and a European tier-one wireless carrier. The resulting master standing offer establishes a limited number of successful applicants as approved suppliers for commonly between two to three years. Carriers of this magnitude purchase up to 150,000 tower mounted amplifiers (TMAs) and their related products, Bias Ts, Multiplexers, and Power Distribution Units (PDUs) per year.
ADVERTISEMENT


"An invitation to participate in RFQs of this magnitude is a solid endorsement of Unity's technology and products," commented Ilan Kenig, President and CEO of Unity Wireless. Mr. Kenig continued, "Only a limited field of qualified vendors are given the nod, and provided the extensive documentation that must be submitted as part of the process."

Mr. Kenig commented further that, "These invitations to participate in RFQs from carriers of this size simply confirms our early client feedback regarding our new product line's superior technical performance, environmental durability, and price advantage. We are optimistic about our opportunity to win a portion of this very substantial market."

In addition to RF performance benefits, Unity Wireless has addressed the key issue of corrosion resistance and reliability, a major weakness in similar products up to this point. Unity has adopted a leading edge, robust two-part epoxy paint process tested and used by NASA to withstand harsh environmental conditions.

About Unity Wireless

Unity Wireless is a developer of key network components for wireless carriers and OEM sub-components for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp

[Bombenleger]

Unity Wireless Receives Third Order in $750,000 Program
Thursday November 2, 5:57 am ET


Delivery in Q4-2006 & Q1-2007


BURNABY, BC--(MARKET WIRE)--Nov 2, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a world-class provider of wireless systems and coverage-enhancement solutions, announced today that it has received the third in a $750,000 series of purchase orders to supply a major Middle East wireless network operator with microwave radio links. This latest purchase order, valued at $250,000, is scheduled for delivery across Q4-2006 and Q1-2007.
ADVERTISEMENT


Ilan Kenig, President and CEO of Unity Wireless, commented, "This is a meaningful order for us as it is yet another in a sizable series of POs representing ongoing client satisfaction and support of our microwave line by a key regional wireless operator. We are anticipating follow-on business from this same wireless network operator in the first half of 2007."

Mr. Kenig continued, "The recently acquired microwave product line is now showing the benefits of the greater sales, marketing and customer service resources that the new consolidated Unity Wireless organization provides. We are pleased with the traction we are gaining in the Middle East, South East Asia, and the renewed interest we see in North America."

The best value in the Point-to-Point microwave radio line-up from Unity Wireless, the UNI 50, is a low-to-medium capacity solution designed to carry a flexible mixture of PDH voice, data, video and Ethernet traffic up to 48 Mbps. The front panel LCD display, with built-in touch-keys, allows for control of local and remote terminals from one location, making the UNI 50 one of the easiest radio solutions to install and maintain.

About Unity Wireless

Unity Wireless is a developer of developer of key network components for wireless carriers and OEM sub-components for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Unity Wireless Strategy in South East Asia Yields $1 Million in Orders for Repeater Line Solutions
Monday November 6, 3:00 am ET


BURNABY, BC--(MARKET WIRE)--Nov 6, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a world-class provider of indoor and outdoor repeater solutions for wireless operators, today announced that it is seeing solid return on the first year of South East Asian business development activity with $1,000,000 in repeater line purchase orders from two major carriers in Indonesia and Vietnam. Both POs, which contribute to backlog of more than $4 million at the start of Q4, are scheduled to ship during Q4 2006 and Q1 2007.
ADVERTISEMENT


"After only 12 months of marketing activity, we are already gaining significant traction with orders from major regional carriers in Vietnam and Indonesia. Both countries, as well as several others in the region, are showing further indications of significant growth in 2007," commented Ilan Kenig, President and CEO of Unity Wireless.

In June of this year, executing on the line expansion benefits of its acquisition strategy, Unity Wireless introduced the full 'New Unity' range of products (microwave, free space optics and Tower Mounted Amplifiers) to developing repeater-line regional partners and prospects at CommunicAsia, South East Asia's largest Wireless Industry Trade Show.

"Layering the new products into our existing repeater marketing activities in South East Asia has already yielded significant expressions of interest and trial system orders in a much shorter cycle than could have been achieved if approached as separate companies," said Mr. Kenig. He then added, "We see sales levels accelerating in South East Asia as a direct result of the 'New Unity' full line strategy."

Unity Wireless is now positioned to maintain a significant business development focus for their Coverage Enhancement Products in South East Asia throughout 2007, further supporting and expanding its existing and growing OEM amplifier success in China.

About Unity Wireless

Unity Wireless is a developer of key network components for wireless carriers and OEM sub-components for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp

[Bombenleger]

Another North American Tier-One Wireless Equipment Manufacturer Chooses Unity Wireless
Tuesday November 14, 3:00 am ET


Places Initial PO on Forecasted $700,000 -- $1,000,000 Series of Orders for 2007


BURNABY, BC--(MARKET WIRE)--Nov 14, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a world class provider of coverage enhancement solutions and other major components for wireless operators and manufacturers, today announced that it's OEM group (Original Equipment Manufacturer) has won an agreement to supply a major subcomponent to one of North America's largest wireless manufacturers for a 2007 infrastructure deployment in Ireland. This first purchase order for 90 sites at $144,000 is the initial order in a forecasted $700,000 -- $1,000,000 delivery schedule across 2007 for this one project.
ADVERTISEMENT


"Unity won this major agreement because of our ability to prove ourselves over the last several years on projects for the same account. We have now established ourselves as the prime supplier for their power amplifiers and other solutions, and are making the long awaited jump into their prime projects," commented Ilan Kenig, President and CEO of Unity Wireless.

Mr. Kenig continued, "Our gaining momentum in the North American Tier-Ones is very encouraging. I believe that the strength of the 'New' Unity Wireless combined with years of consistent business development has now given us the critical mass we need to take the company to the next level, and agreements like this support our conclusion."

About Unity Wireless

Unity Wireless is a developer of developer of key network components for wireless carriers and OEM sub-components for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp

[Bombenleger]

Form 10QSB for UNITY WIRELESS CORP


--------------------------------------------------------------------------------

15-Nov-2006

Quarterly Report



Item 2. Management's Discussion and Analysis or Plan of Operation
The following discussion of the financial condition, changes in financial condition, and results of operations of Unity Wireless Corporation should be read in conjunction with our most recent financial statements and notes appearing: (1) in this Form 10-QSB; and (2) the Form 10-KSB for the year ended December 31, 2005 filed on March 31, 2006.

The financial statements have been prepared on the going concern basis under which an entity is considered to be able to realize its assets and satisfy its liabilities in the ordinary course of business. Operations to date have been primarily financed by borrowing and equity transactions. Our future operations are dependent upon the identification and successful completion of additional long-term or permanent equity financing, the continued support of creditors and stockholders, and, ultimately, the achievement of profitable operations. There can be no assurances that we will be successful. If we are not, we will be required to reduce operations or liquidate assets. We will continue to evaluate our projected expenditures relative to our available cash and to seek additional means of financing in order to satisfy our working capital and other cash requirements. The auditors' report on the audited consolidated financial statements for the fiscal year ended December 31, 2005 contained in the 10-KSB filed on March 31, 2006, includes an explanatory paragraph that states that as we have suffered recurring losses from operations, substantial doubt exists about our ability to continue as a going concern. The audited consolidated financial statements or the interim quarterly unaudited consolidated financial statements included with this quarterly report do not include any adjustments relating to the recoverability of assets and classification of assets and liabilities that might be necessary should we are unable to continue as a going concern.

Forward-Looking Statements

This quarterly report contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks in the section entitled "Risk Factors", that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

Our financial statements are stated in United States Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles.

In this quarterly report, unless otherwise specified, all dollar amounts are expressed in United States dollars. All references to "CDN$" refer to Canadian dollars and all references to "common shares" refer to the common shares in our capital stock.

As used in this quarterly report, the terms "we", "us", "our", and "Unity" mean Unity Wireless Corporation, unless otherwise indicated.

General

Unity Wireless products are divided into two main lines; The first is Coverage Enhancement Solutions (CES), such as repeaters, and tower mounted amplifiers, that are utilized by Wireless Network Operators to extend coverage and manipulate capacity so that their overall network performance is enhanced in the most cost effective manner. The second area of Unity's business is supplying high power amplifiers (HPA) and related subsystems to the large Original Equipment Manufacturers (OEM) of base transceiver stations (BTS or base stations). Base stations are the main radio system in any wireless network and Unity has developed over 40 HPA models that are used in cellular, personal communication services (PCS), paging, wireless local loop (WLL) and third generation (3G) BTSs. Almost all of the OEM products are custom made or adapted to satisfy each OEM customer's particular requirements.

Results of Operations

Three months Ended September 30, 2006 and September 30, 2005

Sales

Net sales in the third quarter of 2006 were $1,517,857, an increase of 59.82% or $568,157, from $949,700 in the third quarter of 2005. This increase was primarily due to revenues recorded from the acquired businesses.

Cost of Goods Sold and Operating Expenses

Cost of goods sold in the third quarter of 2006 was $1,098,499 resulting in a gross margin of $419,358 or 27.63% of net sales, compared to $747,835 in the third quarter of 2005 resulting in a gross margin of $201,865, or 21.26% of net sales. The increase in gross margin percentage is primarily the result of the reduced component pricing as our level of component purchases has increased due to increased business activity and cost reductions associated with our China facility which is increasingly performing final assembly for the Company's products. Cost of goods sold includes stock-based compensation expense of $4,151 in the third quarter of 2006 versus $6,165 in the third quarter of 2005.

Research and development expenses in the third quarter of 2006 were $723,935, an increase of $330,191 or 83.86%, from $393,744 in the third quarter of 2005.
This change was primarily the result of decreased expenses due to additional processes established around the development of new products which has resulted in more effective use of materials and improved labor utilization which was offset by additional expenses related to the acquired businesses. Research and development expense includes stock-based compensation expense of $11,791 in the third quarter of 2006 versus $9,001 in the third quarter of 2005.

Sales and marketing expenses in the third quarter of 2006 were $544,031, an increase of $409,458, or 304.26%, from $134,573 in the third quarter of 2005.
This increase was primarily to the result of additional sales initiatives that include additional sales personnel on staff, increased travel expenses to visit new customers and additional expenses relating to the acquired businesses.
Sales and marketing expenses include stock-based compensation expense of $13,820 in the third quarter of 2006 versus the expenses of $9,091 in the third quarter of 2005.

Exchange loss (gain) in the third quarter of 2006 was $5,520, an increase of $12,429, from ($6,909) in the third quarter of 2005 due to fluctuations in the currency exchange rate between the U.S. and Canada.

Interest expense for the third quarter of 2006 was $184,172, an increase of $111,334, from $72,838 in the third quarter of 2005. This increase was primarily to the result of the increase in interest payable to note holders of the convertible debenture issued in February of 2006.

General and administrative expenses in the third quarter of 2006 were $749,708, an increase of $334,319 or 80.48%, from $415,389 in the third quarter of 2005. This increase was primarily the result of the additional expenses relating to the acquired businesses. General and administrative expenses include stock-based compensation expense of $63,460 in the third quarter of 2006 versus $113,393 in the third quarter of 2005.

Accretion of interest and loss on debt settlement for the third quarter of 2006 were $62,829, a decrease of $53,148, compared to $115,977 in the third quarter of 2005. This decrease was primarily due to the result of the modification of the terms of the debentures which were issued in August 2004 and February 2005. The modification of the terms was made on February 28, 2006.

Fair value adjustment on warrants and conversion feature liability of ($54,290) relates to fair value adjustments for the coversion feature and warrant related to convertible debenture financing of $2,200,000, in the amount of $14,118, and to the 40,000,000 warrants issued related to a fair value adjustment relating to the acquisition of Celletra Ltd., in the amount of ($68,408).

Loss in the third quarter of 2006 was $2,349,095, an increase of $1,231,557, or 121.04%, from a loss of $1,017,538 in the third quarter of 2005. The increase was primarily a result of the acquisitions completed in the third quarter of 2006.

Nine months Ended September 30, 2006 and September 30, 2005

Sales

Net sales in the nine month period ended of 2006 were $4,657,884, an increase of 0.51% or $23,726, from $4,634,158 in the nine month period ended of 2005.

Cost of Goods Sold and Operating Expenses

Cost of goods sold during the nine month period ended period of 2006 was $3,577,474 resulting in a gross margin of $1,080,410 or 23.20% of net sales, compared to $3,594,544 in the nine month period ended of 2005 resulting in a gross margin of $1,039,614, or 22.43% of net sales. Cost of goods sold includes stock-based compensation expense of $15,562 in the nine month period ended of 2006 versus $18,153 in the nine month period ended of 2005.

Research and development expenses in the nine month period ended of 2006 were $1,615,568, a decrease of $26,625 or 1.62%, from $1,642,193 in the nine month period ended of 2005. This change was primarily the result of decreased expenses due to additional processes established around the development of new products which has resulted in more effective use of materials and improved labor utilization which was offset by additional expenses related to the acquired businesses. Research and development expense includes stock-based compensation expense of $51,469 in the nine month period ended of 2006 versus $46,285 in the nine month period ended of 2005.

Sales and marketing expenses in the nine month period ended of 2006 were $999,098, an increase of $602,251, or 151.76%, from $396,847 in the nine month period ended of 2005. This increase was primarily to the result of additional sales initiatives that include additional sales personnel on staff, increased travel expenses to visit new customers and additional expenses relating to the acquired businesses. Sales and marketing expenses include stock-based compensation expense (recovery) of $42,996 in the nine month period ended of 2006 versus ($30,368) in the nine month period ended of 2005.

Exchange loss in the nine month period ended of 2006 was $55,046, an increase of $19,917, from $35,129 in the nine month period ended of 2005 due to fluctuations in the currency exchange rate between the U.S. and Canada.

Interest expense for the nine month period ended of 2006 increased by $181,408 to $385,285 from $203,877 in the nine month period ended of 2005. This increase was primarily to the result of the increase in interest payable to note holders of the convertible debenture issued in February of 2006.

General and administrative expenses in the nine month period ended of 2006 were $1,639,916, an increase of $271,399, or 19.83%, from $1,368,517 in the nine month period ended of 2005. This increase was primarily the result of the additional expenses relating to the acquired businesses.. General and administrative expenses include stock-based compensation expense of $232,047 in the nine month period ended of 2006 versus $506,705 in the nine month period ended of 2005.

Accretion of interest and loss on debt settlement for the nine month period ended of 2006 were $1,681,178, an increase of $969,980, compared to $711,198 in the nine month period ended of 2005. This increase was primarily the result of the interest accretion in relation to convertible debentures issued since August 2004 and loss on debt settlement related to modifications to the terms of the debentures which were issued in August 2004 and February 2005.

Fair value adjustment on warrants and conversion feature liability of $591,424 relates to fair value adjustments for the coversion feature and warrant related to convertible debenture financing of $2,200,000, in the amount of $659,831, and to the 40,000,000 warrants issued related to a fair value adjustment relating to the acquisition of Celletra Ltd., in the amount of ($68,408).

Loss in the nine month period ended of 2006 increased by 50.18%, or $1,786,922, to $5,348,039, from $3,561,117 in the nine month period ended of 2005. The increase was primarily a result of the acquisitions completed in the third quarter of 2006.

Non-GAAP Financial Information

Certain non-GAAP financial information as defined by the U.S. Securities Commission Regulation G is presented below. Pursuant to the requirements of this regulation, a reconciliation of this financial information to our financial statements as prepared under generally accepted accounting principles in the United States (GAAP) is included. Unity's management believes that the disclosure of this non-GAAP financial information is useful to our investors and the investment community since certain non-cash charges and expenses may not be reflective of future expenses.

Loss for the quarter ended September 30, 2006 was $2,349,095 compared to $1,017,538 in 2005. Net of stock based compensation and other non-cash expenses of $539,791 in the quarter ended September 30, 2006 and $390,805 in 2005, loss for the quarter ended September 30, 2006 was $1,609,304 compared to $626,733 in 2005.

Loss for the nine month period ended September 30, 2006 was $5,348,039 compared to $3,651,117 in 2005. Net of stock based compensation and other non-cash expenses of $2,017,557 in the nine month period ended September 30 2006 and $1,562,590 in 2005, loss for the nine month period ended September 30, 2006 was $3,130,482 compared to $1,998,527 in 2005.


RECONCILIATION OF STATEMENT OF OPERATIONS TO NON-GAAP MEASURES



Three month ended Nine month ended
30-Sep-06 30-Sep-05 30-Sep-06 30-Sep-05
Loss for the period $ (2,349,095) $ (1,017,538) $ (5,348,039) $ (3,561,117)

Add back:
Stock based compensation 93,222 137,650 342,074 540,775
Accretion of interest and
loss on debt settlement 62,829 115,977 1,681,178 711,198
Fair value adjustment on
warrants
and conversion feature
liability 54,290 - (591,424) -
Amortization 419,444 79,546 573,045 173,458
Shares issued in
settlement of
interest 110,006 57,632 212,684 137,159

Loss for the period, net
of non-
cash charges $ (1,609,304) $ (626,733) $ (3,130,482) $ (1,998,527)




Liquidity and Capital Resources

Since our inception, we have been dependent on investment capital and debt financing as our primary sources of liquidity. We had an accumulated deficit at September 30, 2006 of $32,620,525. During the nine-month period ended September 30, 2006, we incurred a net loss, after stock-based compensation, of $5,348,039.

During the nine-month period ended September 30, 2006, our cash position was increased to $652,236. This increase was primarily due to convertible debentures issued in the period and cash acquired as part of the acquisitions of Avanty, Celletra and Celerica. The primary use of cash was for our continued operations.

During the nine-month period ended September 30, 2006, the Corporation issued 2,925,479 common shares in settlement of $342,642 of accounts payable, 555,555 common shares upon exercise of warrants for cash proceeds of $72,222, and 200,000 common shares upon exercise of options for cash proceeds of $34,000.

During the nine-month period ended September 30, 2006, we purchased $8,574 in equipment.

Other than leases for premises, leased vehicles and equipment commitments for an aggregate of $1,121,724 through 2009, we have no material commitments outstanding at September 30, 2006.

Our capital requirements are difficult to plan in light of our current strategy to expand our customer base and to develop new products and technologies. We do not expect positive cash flow from operations in the near term. We may not be able to obtain additional equity or debt financing on acceptable terms when we need it. We have pledged all of our assets to secure convertible notes that we issued in August 2004, February 2005, March 2005 and February 2006. We may be required to obtain the consent of certain of our investors prior to the issuance of our common stock or common stock equivalents and prior to entering into an agreement to assume certain liabilities. Our operations to date have been primarily financed by sales of our equity securities and debt financing. We are restricted from declaring dividends on our common shares pursuant to Convertible Note and Warrant Purchase Agreements dated August 31, 2004, February 11, 2005, March 24, 2005 and February 28, 2006 for so long as any of these issued convertible notes are outstanding. As of September 30, 2006, we had working deficit of $4,753,353. Our operations presently are generating negative cash flow, and we do not expect positive cash flow from operations in the near term.
Our ability to continue as a going concern is dependent upon obtaining further financing, successful and sufficient market acceptance of our current products and any new product offerings that we may introduce, the continuing successful development of our products and related technologies, and, finally, achieving a profitable level of operations. The issuance of additional equity securities by us could result in a significant dilution in the equity interests of our current stockholders. Obtaining commercial loans, assuming those loans would be available, will increase our liabilities and future cash commitments.

Business Combination

a) On June 8, 2006, the Company completed the merger by and among the Company, Unity Wireless Microwave Systems Ltd. ("UW Microwave"), an Israeli corporation and a wholly owned subsidiary of the Company, and Avantry Ltd. ("Avantry"), pursuant to the terms of a merger agreement entered into by and among the parties effective February 15, 2006 ("Merger Agreement"). Under the term of the Merger Agreement, Unity Wireless Corporation acquired all of the assets of Avantry in exchange for $1,750,000 of convertible promissory notes that are convertible into common stock at $0.25 per shares and warrants to purchase an aggregate of 600,000 shares of common stock at an exercise price of $0.40.

Avantry offers a comprehensive transmission product line of integrated microwave radio and optical transport systems for carrying flexible combinations of voice and data traffic. Avantry's product line offering includes:

•

Radio Ring IP - A point-to-point high capacity microwave radio with integrated SDH ADM and Ethernet Switching technologies.

•

WitLink - A point-to-point low to medium capacity microwave radio for carrying PDH voice and Ethernet traffic.

•

Optisky - A new generation of SDH optical access system integrating voice and data for the Metropolitan Area Network (MAN).

The high technology industry, in which Avantry is involved, is highly competitive and is characterized by the risks of rapidly changing technologies as well as penetration into world market required investment of considerable resources and continuous development efforts. Avantry's future success is dependent upon several factors including the technological quality and price / performance of its products relative to those of its competitors. There can be no assurance that Avantry will be able to maintain the high technological quality of its product or to continue to develop or market its new products effectively.

b) On July 3, 2006, the Company completed the merger pursuant to the terms of a merger agreement. Under the term of the Celerica Agreement, the Company acquired the net assets of Celerica in exchange for 20,000 shares of Series A convertible non-redeemable preferred shares. Each share of the Series A preferred stock will automatically convert into 1,000 shares of common stock. The preferred shares have been initially valued at a fair value of $2,000,000 based on multiplying the stock price as of the date of the agreement by the number of common stock that the preferred stock is convertible into.

Celerica specializes in extending RF coverage and optimizing network capacity distribution of mobile communications in urban, suburban and rural areas, using optical wireless, fiber optics and microwave technology.

The high technology industry, in which Celerica is involved, is highly competitive and is characterized by the risks of rapidly changing technologies as well as penetration into world market required investment of considerable resources and continuous development efforts. Celerica's future success is dependent upon several factors including the technological quality and price / performance of its products relative to those of its competitors. There can be no assurance that Celerica will be able to maintain the high technological quality of its product or to continue to develop or market its new products effectively.

c) On August 17, 2006, the Company completed the merger pursuant to the terms of a merger agreement. Under the term of the Celletra Agreement, the Company acquired the net assets of Celletra in exchange for 90,000 shares of Series B convertible non-redeemable preferred shares and warrants to purchase 40,000,000 shares of common stock (or 40,000 shares of Series B Convertible Shares should there not be sufficient authorized shares of common stock). Each share of the Series B preferred stock will automatically convert into 1,000 shares of common stock. The preferred shares have been initially valued at a fair value of $9,000,000 based on multiplying the stock price as of the date of the agreement and the closing date by the number of non contingent and contingent common stock, respectively, which the preferred stock is convertible into. The warrants have been initially valued at a fair value of $2,026,533 calculated using the Black-Scholes valuation model.

Celletra specializes in technology that provides wireless operators with solutions to achieve optimal coverage and to improve coverage and capacity of existing cells.

The high technology industry, in which Celletra is involved, is highly competitive and is characterized by the risks of rapidly changing technologies as well as penetration into the world market required investment of considerable resources and continuous development efforts. Celletra's future success is dependent upon several factors including the technological quality and price / performance of its products relative to those of its competitors. There can be no assurance that Celletra will be able to maintain the high technological quality of its product or to continue to develop or market its new products effectively.

Inflation

We do not believe that inflation has had a significant impact on our consolidated results of operations or financial condition.

[Bombenleger]

Unity Wireless Nears Phase-One Completion of $1.1M India Project for 2006
Tuesday November 21, 8:35 am ET


Unity Chosen as Sole Vendor for Microwave Repeaters by Tier-One Carrier


BURNABY, BC--(MARKET WIRE)--Nov 21, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News) this week released an update on its sole vendor supply agreement for microwave repeaters with one of India's largest wireless network operators. Phase one of this two-stage deployment will be completed by the end of this month with the installation of Unity's microwave outdoor frequency shifting repeaters valued at over $600,000. The network operator forecasts that the final stage order in this $1,100,000 project will be placed in by the end of Q4 or early Q1 2007, with planned installation of the full system to be competed by the end of Q3 2007. Revenues for orders of this type are usually recorded based on negotiated terms starting from the shipping date.
ADVERTISEMENT


"The Indian market is one of the fastest growing wireless markets in the world, adding about a million new subscribers a week. Most of the worldwide wireless integrators are in India already and Unity has positioned itself strategically in this region to benefit from the rapid growth. Providing coverage enhancement equipment to the largest local operators in India is now delivering strong dividends after several years of business development investment by our senior Coverage Enhancement team local support team," said Ilan Kenig, CEO of Unity Wireless.

Mr. Kenig continued, "We believe that our ability to provide competitive products to the Indian market will position Unity as a strategic player in this region. Our proven strength at designing and producing quality products at highly competitive prices has allowed Unity to be successful in both China and India. The move to our new Asian production facility will only enhance our competitive edge. We see great promise for these massive and growing markets for Unity Wireless throughout 2007 and beyond."

About Unity Wireless

Unity Wireless is a world-class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp

[Bombenleger]

Unity Wireless AGM Proxy Vote Shows Resounding Support
Monday November 27, 3:00 am ET


Over 75% of All Shares and 98% of Voted Stock Approve Acquisition Strategy


BURNABY, BC--(MARKET WIRE)--Nov 27, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), today held their Annual and Special General Meeting with over 75% of all shares and over 98% of voted stock supporting the amendment to the Company's Certificate of Incorporation allowing the finalization of Unity's acquisition of three related wireless companies.
Ilan Kenig, CEO of Unity Wireless commented, "This show of solid support for our acquisition growth strategy was extremely important as it:


-- Puts Unity in a stronger position to win global tier-one accounts as a
much larger company
-- Brings incremental sales growth as new, complimentary lines from each
of the acquired companies are layered into existing accounts
-- Provides post-integration efficiencies."
ADVERTISEMENT


Mr. Kenig continued, "We were gratified to see that such a resounding majority of stockholders share our vision and optimism for the New Unity."

Business included the approval of KPMG as auditors for Unity Wireless, the amendment to the Company's Certificate of Incorporation, increasing the number of authorized shares of the Company from 150,000,000 to 400,000,000 shares of common Stock to facilitate the acquisitions, and the ratification of the Board of Directors including, Ilan Kenig, Ken Maddison, Victor Halpert, Doron Nevo, Andrew Chamberlain, and the recently appointed David Goldschmidt, Ran Shahor, and Amir Gal-or.

About Unity Wireless

Unity Wireless is a world class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp

[Bombenleger]

Unity Wireless Prepares for Next $2,000,000 Order Series
Tuesday November 28, 3:00 am ET


Completion of Phase One for Top Russian Carrier Nears Completion


BURNABY, BC--(MARKET WIRE)--Nov 28, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News) this week released an update on its ongoing supply agreement with one of Russia's largest Wireless Network Operators. Phase one of this four-stage, twelve-month deployment will be successfully completed by the end of January with the installation of 15 of Unity's high end outdoor frequency shifting repeaters. The Operator forecasts that the next stage order will be placed in Q1 2007 with planned deployment of the full $2,000,000 series to be competed by the end of the year.
ADVERTISEMENT


"Our client is expanding its urban indoor coverage and outdoor rural coverage. Unity's role in this expansion is to supply them with both indoor and outdoor repeaters as well as TMAs (Tower Mounted Amplifiers)," said Ilan Kenig, CEO of Unity Wireless.

Mr. Kenig continued, "This project further underscores the success of our acquisition and integration strategy with several product lines being layered into the same account and delivering incremental revenue benefits in a shorter time than would be possible otherwise. Next year's scheduled deployment for this customer includes revenue for Unity across three of our product lines -- a great milestone for the unified organization."

About Unity Wireless

Unity Wireless is a world-class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Nokia India Selects Unity Wireless
Thursday November 30, 3:00 am ET


POs Forecast to Exceed $1,000,000 in 2007


BURNABY, BC--(MARKET WIRE)--Nov 30, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News) today announced that it has received a purchase order from Nokia India for the first shipment of repeaters, in a forecasted quarterly series of orders valued at over $1,000,000 annually. This first order is scheduled to ship in the current quarter.
ADVERTISEMENT


"We are extremely excited by this break through into Nokia, a world leader among wireless infrastructure manufacturers, and into India, one of the fastest growing and largest wireless markets globally," commented Ilan Kenig, CEO of Unity Wireless.

When asked what allowed them to win this supply agreement, Mr. Kenig stated, "It was the feature rich, rugged design and better performance of the Unity repeater line at a competitive price point that finally secured the business."

Reiterating Unity's strategy in the region, Mr. Kenig continued, "The Indian market is one of the fastest growing wireless markets in the world adding about a million new subscribers a week. Most of the worldwide wireless integrators are in India already and Unity has positioned itself strategically in this region to benefit from the rapid growth."

Mr. Kenig continued, "We believe that our ability to provide competitive products to Nokia India will position Unity as a strategic player in this region."

About Unity Wireless

Unity Wireless is a world-class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:

David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Unity Wireless Receives Next Order From Leading India Wireless Operator
Tuesday December 12, 7:28 am ET


New $770,000 Order Rapidly Follows Earlier Deployment


BURNABY, BC--(MARKET WIRE)--Dec 12, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News) today announced that it has received a second purchase order of $770,000 for advanced 50 watt frequency shifting repeaters and Unity's line of indoor repeaters from one of India's largest wireless carriers. This second order, scheduled for delivery in Q1 2007, follows quickly on the heels of the first round of repeaters mentioned in our release of November 21, 2006 -- "Unity Wireless Nears Phase-One Completion of $1.1M India Project for 2006."
ADVERTISEMENT


India's wireless telecom market has reached a new high, with net-subscriber additions consistently exceeding four million per month during the first quarter of 2006, according to iSuppli. The mobile subscriber base stood at 96.9 million at the end of April 2006, raising the subscriber penetration rate to 8.5% of India's population. After covering the urban areas, telecom companies in India have begun spreading their wings into the semi-urban and rural areas. The geographic expanse of the country and the dispersed nature of semi-urban and rural areas mean that there is a huge investment required in wireless infrastructure to drive network growth in the coming years.

Unity's client is India's largest integrated communications service provider to the private sector with over 28 million individual consumer, enterprise, and carrier customers. The company operates pan-India across the full spectrum of wireless, wire line, and long distance, voice, data, and internet communication services.

"The Indian market is one of the fastest growing wireless markets in the world. Providing coverage enhancement equipment to the largest local operators in India continues to deliver strong returns for our company," said Ilan Kenig, CEO of Unity Wireless.

Mr. Kenig continued, "We believe that our ability to provide competitive products to the Indian market will continue to position Unity as a strategic player in this region and we see great promise for this massive and growing market for Unity Wireless throughout 2007 and beyond."

About Unity Wireless

Unity Wireless is a world-class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:

David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp

[Bombenleger]

Unity Wireless Receives Next Order From Leading Wireless Carrier -- Momentum Builds in Vietnam
Wednesday December 13, 3:00 am ET


New $520,000 Order Rapidly Follows Q3 Deployment


BURNABY, BC--(MARKET WIRE)--Dec 13, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News) today announced that it has received a second purchase order of $520,000 for advanced 20 watt frequency shifting repeaters from one of Vietnam's largest wireless carriers. This second order, scheduled for delivery in Q1 2007, follows quickly on the heels of the successful deployment of a first round of repeaters mentioned in Unity's release of November 6, 2006 -- "Unity Wireless Strategy in South East Asia Yields $1 Million in Orders for Repeater Line Solutions."
ADVERTISEMENT


"We are very pleased to be positioned at the right time with the right clients in the emerging Vietnam wireless telecom market. The growing momentum of repeat orders and significant deployments from a major national carrier is extremely encouraging for our future in this important region," commented Ilan Kenig, CEO of Unity Wireless.

In the first 11 months of 2005, Vietnam added 4.3 million wireless subscribers, according to the Vietnam VNPT. The 11-month figure posted a year-on-year increase of 17%, raising the total number of mobile telephone subscribers in the country to 14.6 million. Unity Wireless considers Vietnam to be a huge potential market for mobile phones in Southeast Asia.

Mr. Kenig continued, "Our South East Asian sales strategy is gaining momentum at a rapid pace. Supported by the cost advantages from our manufacturing consolidation, Unity Wireless is uniquely situated, both from a business development and a product price point perspective, to be very successful in this expanding, but competitive market."

Due to the need for confidentiality on the larger projects and their staged deployments, both by Unity and our Tier-1 client base, specific company names cannot be released. However, we endeavor to provide the magnitude of the market being serviced and the position and relative size of that client for your reference.

About Unity Wireless

Unity Wireless is a world-class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Gains Momentum in Russian Wireless Market
Monday December 18, 3:00 am ET


Largest Wireless Distributor Signed to Carry Unity's Outdoor and New Indoor Repeater Line to Second Fastest Growing Cell Phone Market in the World


BURNABY, BC--(MARKET WIRE)--Dec 18, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News) this week announced that it has successfully signed a distribution agreement with Russia's largest wireless equipment distribution company. This milestone agreement now gives Unity much needed relationships and access to Russia's tier-1 wireless network operators for the outdoor and new indoor repeater line of products.
ADVERTISEMENT


The cell phone market in Russia is the second fastest growing in the world. In 1999, about one percent of Russians owned a cell phone. Five years later, 90 percent of residents in Moscow and St. Petersburg, had phones and service. Even as the metropolitan markets build out, nearly 60 percent of the country's people still do not have cell phones and live in areas that are too difficult to reach with traditional land lines. Mobile handset sales growth in Russia continues to be one of the fastest in the world.

"The Russian wireless operator market has delivered solid direct revenues for both our microwave and repeater lines over the last two years. Russia has also been in the top three markets globally in TMA (tower mounted amplifier) sales for our largest competitors," commented Ilan Kenig, President and CEO of Unity Wireless.

Mr. Kenig continued, "This agreement with Russia's largest distributor is a milestone for the company giving Unity the support, contacts, and account access needed to take our products to the next level in a large and dynamic market."

About Unity Wireless

Unity Wireless is a world-class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:

David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp

[Bombenleger]

Unity Wireless Concludes Successful Trial With China's Second Largest Carrier
Thursday January 4, 3:00 am ET


Patented Technology Now Moves to Next Stage of Approval


BURNABY, BC--(MARKET WIRE)--Jan 4, 2007 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News) announced this week that it has successfully concluded the first phase 18 month trial of the company's patented synchronized multi source transmission technology with China's second largest wireless carrier. Unity's unique technology overcomes multi path fading and economically increases existing network capacity and coverage.
ADVERTISEMENT


"After our OEM group's great success with one of China's largest wireless equipment manufacturers, ZTE Corp., we are excited about the opportunity to broaden our market reach into China's massive wireless network operators with our new, patented network performance enhancement line," commented Ilan Kenig, President and CEO of Unity Wireless.

Multi path fading occurs in wireless networks when signals bounce off various obstacles, such as buildings or particles in the air, arrive at the destination point and interfere with the signal that arrives directly from the source, lowering or eliminating the strength of both transmissions. With the increasing density of wireless networks globally, network operators must use complicated tools and techniques to minimize multi path fading. Unity Wireless' patented synchronized multi source transmission technology provides wireless network operators an economical way to boost the capability of their existing base station infrastructure by overcoming multi path fading and increasing network capacity.

"We have successfully concluded the lengthy and detailed 18 month field trial for our patented solution and are now moving to the large scale, live network implementation trial," said Mr. Kenig. He continued, "China has two of the three largest wireless network operators in the world, with 296 million and 141 million subscribers, respectively. The potential for our technology is great and fits incrementally into our overall corporate product and market strategy."

About Unity Wireless

Unity Wireless is a developer of developer of key network components for wireless carriers and OEM sub-components for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:

David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Completes Consolidation -- Significant Savings Achieved
Tuesday January 9, 3:00 am ET


Head Count Reduced 50%; Facilities Costs Reduced 50%; Manufacturing Overhead Costs Reduced 60%


BURNABY, BC--(MARKET WIRE)--Jan 9, 2007 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News) today announced that it has completed the consolidation of it's three 2006 acquisitions, achieving head count, facilities, and manufacturing cost savings of at least 50% in all areas.
Through the unification of all four companies, Unity Wireless successfully:


-- Moved production into Unity's Asian manufacturing operation
-- Cut facility costs by over half
-- Realized production labor savings of over 80%
-- Increased production capacity and flexibility
-- Consolidated staff functions and reduced head count from 175 to 85,
despite the addition of 17 staff in our China production group
-- Achieved significant annual equipment lease savings through the
combination of specialized test and production equipment
"With the reorganization process and associated cost reductions now implemented, it is anticipated that the integrated company's rising trend in revenues will be complemented by a drop in Q4 expenses, with even greater savings to be realized in Q1 2007," said Ilan Kenig, CEO of Unity Wireless.

About Unity Wireless

Unity Wireless is a world class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

ADVERTISEMENT


Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:

David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Unity Wireless Begins Installation of Repeaters for Indonesia's Largest GSM Network Operator
Thursday January 25, 9:30 am ET


Part of an Ongoing Contract With PT Telekomunikasi Indonesia and the Singapore Telecom Group's (Singtel) TELKOMSEL


BURNABY, BC--(MARKET WIRE)--Jan 25, 2007 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), and its Indonesian partner IRIL Nusantara Telekomunikasi (INT), today announced that they have begun the installation of a 111-unit repeater order for that country's largest GSM carrier, TELKOMSEL. The most profitable telecommunication company owned by PT Telekomunikasi Indonesia and the Singapore Telecom Group (Singtel), TELCOMSEL has more than 35 million customers throughout Indonesia.
ADVERTISEMENT


First mentioned in Unity's press release of November 6, 2006, when the contract was awarded, the installation of the sites is being executed by IRIL Nusantara Telekomunikasi (INT), and is expected to be completed ahead of schedule.

"Installations are quite challenging due to the remote locations, extreme weather conditions and the lack of adequate infrastructure on site. This requires unique expertise and engineering capabilities of a dedicated staff and support by comprehensive communication equipment," said Mr. Saleh Effendi, Chairman of INT.

"The combination of Unity's robust and competitively priced Celletra repeater technology, with the regional and technical expertise of our Indonesian partner, INT, has resulted in this successful, ongoing contract with PT Telekomunikasi Indonesia and the Singapore Telecom Group's (Singtel) TELKOMSEL," said Ilan Kenig, President and CEO of Unity Wireless.

Mr. Kenig continued, "Unity is experiencing exciting growth in our South East Asian region and we anticipate further breakthroughs as 2007 progresses."

About Unity Wireless

Unity Wireless is a world-class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Unity Wireless Reports Preliminary 2006 Results
Friday February 2, 9:35 am ET


The "NEW" Unity Wireless Continues Strong Growth & Announces Preliminary Pro Forma Revenues of $14.6 Million for 2006 -- Up From $4.9 Million the Prior Year


BELLINGHAM, WA--(MARKET WIRE)--Feb 2, 2007 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News) today announced preliminary 2006 pro forma sales results of $14.6 Million. The company tripled year over year revenues, up from $4.9 million in 2005 and very close to the September pro forma guidance of $15 million.
"Our substantial growth was achieved both organically and through our acquisition strategy," said Ilan Kenig, President and CEO of Unity Wireless.

Mr. Kenig continued, "With the success of our extensive rationalization efforts in the fourth quarter, we continue to anticipate achieving profitable operations in 2007. The company is starting this new fiscal year with a strong order backlog, which our centralized manufacturing group is now ramped up to deliver."

Highlights Since Last Update:

The following represents key business highlights since Unity's last report on business developments:



-- On January 4th Unity Wireless and its Indonesian partner IRIL
Nusantara Telekomunikasi (INT) announced they have begun the installation
of a 111 unit repeater order for that country's largest GSM carrier,
TELKOMSEL. The most profitable telecommunication company owned by PT
Telekomunikasi Indonesia and the Singapore Telecom Group (Singtel),
TELCOMSEL has more than 35 million customers throughout Indonesia.

-- On January 4th Unity Wireless announced it successfully concluded the
first phase 18 month trial of its patented synchronized multi source
transmission technology with China's second largest wireless carrier.
Unity's unique technology overcomes multi path fading and economically
increases existing network capacity and coverage.

-- On December 18th Unity Wireless announced that it signed a
distribution agreement with Russia's largest wireless equipment
distribution company. This milestone agreement now gives Unity much needed
relationships and access to Russia's Tier-1 wireless network operators for
the outdoor and new indoor repeater line of products.

-- On December 14th Unity Wireless announced that it received a second
purchase order of $770,000 for advanced 50 watt frequency shifting
repeaters and Unity's line of indoor repeaters from one of India's largest
wireless carriers.

-- On December 13th Unity Wireless announced that it received a second
purchase order of $520,000 for advanced 20 watt frequency shifting
repeaters from one of Vietnam's largest wireless carriers.

-- On November 30th Unity Wireless announced it has received a purchase
order from Nokia India for the first shipment of repeaters, in a forecasted
quarterly series of orders valued at over $1,000,000 annually.

-- On November 28th Unity Wireless this week released an update on its on
going supply agreement with one of Russia's largest Wireless Network
Operators. Phase one of this four stage, twelve month deployment, will be
successfully completed by the end of January with the installation of 15 of
Unity's high end outdoor frequency shifting repeaters. The Operator
forecasts that the next stage order will be placed in Q1 2007 with planned
deployment of the full $2,000,000 series to be competed by the end of 2007.

-- On November 21st Unity Wireless released an update on its sole vendor
supply agreement for microwave repeaters with one of India's largest
wireless network operators. Phase one of this two stage deployment will be
completed by the November with the installation of Unity's microwave
outdoor frequency shifting repeaters valued at over $600,000.

-- On November 16th Unity Wireless announced that it has received a
$360,000 order from one of North America's largest Base Station
manufacturers, scheduled to ship in Q4 2006 and Q1 2007, for a project with
the Department of Home Land Security. This project is expected to lead to
total 2007 production revenues in excess of $1 million.

-- On November 6th Unity Wireless announced that it is seeing solid
return on the first year of South East Asian business development activity
with $1,000,000 in repeater line purchase orders from two major carriers in
Indonesia and Vietnam.

-- On November 2nd Unity Wireless announced it received the third in a
$750,000 series of purchase orders to supply a major Middle East wireless
network operator with microwave radio links.

-- On October 27th Unity Wireless announced the launch of its new line of
tower mounted wireless network coverage enhancement amplifiers (TMAs) and
multiplexers to a Tier-1 provider market short on competitive offerings due
to recent industry consolidation. A major European carrier, among the
first to trial the new line, commented on the superior noise figure and
rejection performance, elements which can make a very significant
difference in the performance of the cellular network.

-- On October 18th Unity Wireless announced it has been informed by
China's ZTE Corporation that Unity has again been awarded a significant
percentage of ZTE's power amplifier requirement to be used in three models
of their wireless network base stations as part of a bi-annual bidding and
qualification process.
ADVERTISEMENT



The final pro forma results may vary from this preliminary estimate due to delayed revenue recognition or other considerations determined during the course of the company's audit. The pro forma results include results of operations for all the Company's subsidiaries for the full year, while the final audited results will only include the results of operations of the subsidiaries from their respective dates of acquisition. Final 2006 pro forma results are expected to be filed with the SEC as part of the company's 10KSB on or before March 30, 2007.

About Unity Wireless

Unity Wireless is a world class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:

David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Antwort auf Beitrag Nr.: 27.413.173 von Bombenleger am 04.02.07 12:34:28

China Grants Unity Wireless Patent for Microwave & Laser Linked Repeaters
Thursday February 8, 3:00 am ET


20-Year Patent Provides Unity With a Sustainable Competitive Advantage in One of the World's Largest & Fastest Growing Wireless Markets


BELLINGHAM, WA--(MARKET WIRE)--Feb 8, 2007 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News) today announced that China has given certification to Unity's Celerica repeater group for their "Cellular Base Station with Remote Antenna" patent employing microwave and/or free space optics (laser beam) links to connect the remote repeater to the main cellular base station.
"We estimate that today 5% of repeaters globally use microwave or FSO as the communications link back to the cellular base station, as opposed to radio frequency. Unity now has the patent on this segment of the repeater market in China," said Ilan Kenig, President and CEO of Unity Wireless.

Mr. Kenig continued, "Several factors will drive the requirement for microwave and FSO repeaters higher over the coming years:


-- Radio frequency spectrum is a limited commodity and increasingly in
short supply, heightening the demand for Microwave and FSO links.
-- As urban networks increase in RF density, interference and licensing
issues are driving demand for unlicensed and safe FSO links in short
distance applications.
-- Wireless networks in the high growth nations are now expanding
coverage from the urban core out to the countryside requiring longer
distance 'hops' more suited to a microwave link.
We see this patent, in such a key global growth market, as a very significant event in our company's history, and a tool that will grow in its importance as a sustainable competitive advantage for Unity Wireless."

About Unity Wireless

Unity Wireless is a world-class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

ADVERTISEMENT


Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Antwort auf Beitrag Nr.: 27.413.173 von Bombenleger am 04.02.07 12:34:28

Unity Wireless Receives $1.2 Million in New Orders
Thursday February 22, 7:00 am ET


BELLINGHAM, WA--(MARKET WIRE)--Feb 22, 2007 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), today announced that it has received $1,200,000 in new orders. These new orders originating from the company's rapidly growing South East Asian region include products from Unity's Coverage Enhancement Solutions line.
About Unity Wireless

Unity Wireless is a world class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

ADVERTISEMENT


Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Antwort auf Beitrag Nr.: 27.413.173 von Bombenleger am 04.02.07 12:34:28

Unity Wireless Receives Order Series From One of Canada's Largest Carriers - MTS Allstream
Tuesday February 27, 3:00 am ET


BURNABY, BC--(MARKET WIRE)--Feb 27, 2007 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News) today announced that it has received the first three purchase orders in a forecasted series of orders for its high power repeater line to be deployed as part of the MTS Allstream Inc. ("MTS Allstream") wireless network through 2007. As one of Canada's largest telecom carriers, MTS Allstream's network flows all the way from British Columbia to Newfoundland.
ADVERTISEMENT


Repeaters are used by network operators as extended or remote antenna systems from main tower sites in order to cost effectively redirect capacity from low usage areas to congested regions or to extend the signal, and thus coverage area, of the network.

"We are extremely pleased to see Unity's leading-edge repeater product line gaining traction in the North American wireless carrier market with major operators like MTS Allstream," commented Ilan Kenig, CEO of Unity Wireless.

Unity's repeaters are offered across a wide selection of industry frequencies including CDMA, GSM, iDEN, WCDMA 3G, as well as the company's latest R&D release, the Unity WiMax repeater.

About Unity Wireless

Unity Wireless is a world class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, inability to consummate the acquisitions, difficulty in integrating any of the proposed or future acquisitions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:
David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corp.

[Bombenleger]

Antwort auf Beitrag Nr.: 27.413.173 von Bombenleger am 04.02.07 12:34:28

28-Feb-2007

Change in Directors or Principal Officers



Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On February 21, 2007, the Board of Directors accepted the resignation of Ran Shahor as director of the Company. Mr. Shahor had previously been appointed to the Board as a representative of Star Ventures, one of the main Shareholders of Celletra Ltd. that was acquired by Unity Wireless Corp. in 2007. However, as Mr. Shahor had resigned his position with Star Ventures he was required to resign from his Board position at Unity Wireless.

[Bombenleger]

Antwort auf Beitrag Nr.: 27.413.173 von Bombenleger am 04.02.07 12:34:28

Unity Wireless Receives Additional $600,000 Order From India's Largest Mobile Service Brand
Thursday March 1, 3:00 am ET


Brings New '07 POs From This Tier-One Operator to Over $1.5 Million


DELHI, INDIA and BELLINGHAM, WA--(MARKET WIRE)--Mar 1, 2007 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), together with their regional partner Frog Cellsat Pvt. Ltd., today announced that it has received yet another purchase order for over $600,000 from one of India's largest wireless operators. This latest order for Unity's Coverage Enhancement product line brings the total from this tier-one operator for delivery in the first half of 2007 to over $1.5 million.
The wireless phone subscriber base in India has already crossed the 100 million mark and is expected to more than double to 265.2 million subscribers by 2010(1).

"The Indian market is one of the fastest growing wireless markets in the world. Providing coverage enhancement equipment to the largest local operators in India continues to deliver strong returns for our company," said Ilan Kenig, CEO of Unity Wireless.

About Unity Wireless

Unity Wireless is a world class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

ADVERTISEMENT


Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.

(1) Business Standards - Wireless base may double by 2010, Pradipta Mukherjee / Kolkata February 12, 2007



Contact:
Investor Contacts:
David Orton
VP Marketing
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]

Noam Yellin
Middle East Investor Relations
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Antwort auf Beitrag Nr.: 27.413.173 von Bombenleger am 04.02.07 12:34:28

Unity Wireless Enters Fast Growth Africa Market
Monday March 5, 5:30 am ET


Recent Focus on African Business Brings First Orders of Approximately $200,000


BELLINGHAM, WA--(MARKET WIRE)--Mar 5, 2007 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News) today announced that its regional African business development strategy, launched late last year, has rapidly brought in first orders of approximately $200,000. These are the first in a series of orders that are expected to continue as the clients deploy their networks.
ADVERTISEMENT


Unity's systems are being deployed in South Africa and Cameroon supporting the continent's strong Internet Service Provider network expansion in an area of the world where geography and climate make reliable wire line deployment impractical.

While Internet uptake is growing strongly, market penetration is still very low due to the lack of reliable phone lines. In early 2006 ISP subscriber accounts across the continent were estimated at between 5.5 and 6 million, up significantly from around 2 million a year earlier. Most of the ISP subscriber growth is based in Northern Africa and South Africa. However, each computer with an Internet or e-mail connection in Africa on average supports 3 to 4 users(1).

"We are pleased to see the growing recognition of Unity's product line in new global regions and applications. With these first orders from Africa, coming so quickly after the launch of our marketing effort, we are looking forward to accelerating success throughout this territory in 2007," said Ilan Kenig, CEO of Unity Wireless.

About Unity Wireless

Unity Wireless is a world class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.

(1) budde.com.au -- 2006 African Broadband and Internet Market report, 2007 Paul Budde Communication Pty Ltd.



Contact:
Investor Contacts:
David Orton
VP Marketing
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]

Noam Yellin
Middle East Investor Relations
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Antwort auf Beitrag Nr.: 27.413.173 von Bombenleger am 04.02.07 12:34:28

Unity Wireless Receives $1,000,000 Purchase Order From Nokia India
Wednesday March 21, 3:00 am ET


DELHI, INDIA and BELLINGHAM, WA--(MARKET WIRE)--Mar 21, 2007 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), together with their regional partner Frog Cellsat Pvt. Ltd., today announced that it has received a $1,000,000 purchase order from Nokia India for products in Unity's Coverage Enhancement Solutions line.
ADVERTISEMENT


This new order follows shortly on the November 30th release -- "Nokia India Selects Unity Wireless" -- and broadens the wireless giant's adoption of Unity's products to a second line.

"India's current wireless subscriber base is approximately 146.54 million, with subscription growth for 2007 expected to be around 75 percent," commented Ilan Kenig, CEO of Unity Wireless. Mr. Kenig commented further, "We are extremely pleased to be participating in this explosive growth market with such a company as Nokia India, who is now a customer for several of our product lines."

Konark Trivedi, CEO of Frog Cellsat Pvt. Ltd., said, "The ability of Unity and Frog Cellsat to provide robust products with superior local integration services and technical support will position our group as a strong player in this region."

About Unity Wireless

Unity Wireless is a world-class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contact:

David Orton
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]

Noam Yellin
Middle East Investor Relations
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Antwort auf Beitrag Nr.: 27.413.173 von Bombenleger am 04.02.07 12:34:28

Unity Wireless Introduces New Management Team
Monday March 26, 6:05 am ET


BELLINGHAM, WA--(MARKET WIRE)--Mar 26, 2007 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), today announced the appointment of the company's new President and Chief Operating Officer, Mr. Nissim Atias.
ADVERTISEMENT


"Nissim brings to the company executive experience within cellular operators, as well as an extensive technical background in the wireless infrastructure industry. This unique combination of credentials touches all aspects of Unity's business. We are looking forward to the positive influence of his leadership being felt throughout the organization," said Ilan Kenig, CEO of Unity Wireless.

Mr. Atias served as the Technical Director of Network Control and Network Management Systems at Cellcom, Israel's largest Cellular provider, followed by Senior Executive roles within the Wireless Network Technology company, Celerica. As well as an Executive MBA from Tel Aviv University, Nissim holds a Bachelor of Science in Electrical Engineering, and a Master of Science from Technion - Israel Institute of Technology, in Electrical Engineering, specializing in computers, microwave and communication technologies.

Mr. Atias commented, "I am very pleased to be a part of this exciting global wireless company, and I am looking forward to the challenges of this role as we enter a period of rapid growth and change in the New Unity Wireless."

About Unity Wireless

Unity Wireless is a world-class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contacts:
David Orton
VP Marketing
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]

Noam Yellin
Middle East Investor Relations
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Antwort auf Beitrag Nr.: 27.413.173 von Bombenleger am 04.02.07 12:34:28

Oceana Partners Initiates Coverage on Unity Wireless Corporation
Wednesday March 28, 9:14 am ET


NEW YORK, NY--(MARKET WIRE)--Mar 28, 2007 -- Oceana Partners, LLC today announced that it has initiated research coverage on Unity Wireless Corporation (OTC BB:UTYW.OB - News). Unity Wireless develops and markets worldwide, mission-critical base station subsystems and coverage enhancement solutions for wireless networks and cellular operators. The company's base station subsystems provide the heart of the base station, the most significant system in a multi-billion dollar network, and its coverage enhancement solutions enable cellular operators to efficiently expand coverage.
Patricia Giberson, Oceana's Research Director, stated that, "the market for Unity's products is very large. Global wireless penetration forecasts, such as the World Cellular Technology Forecast from 3G Americas LLC, project global wireless subscribers will grow from 2.5 billion in 2006 to 4.1 billion by 2011. With this kind of growth comes a need for base station subsystems and enhanced coverage in both mature and emerging markets."

Unity's growth is expected to accelerate in 2007 with a strong backlog from 2006, expanded product offerings, and significant OEM and customer relationships.

The complete 19-page "Initial Research Report" is available at: Report

About Oceana Partners, LLC www.oceanapartners.com

Oceana Partners, LLC is an NASD/SIPC investment banking firm and broker/dealer dedicated to providing innovative, professional financial services to, and quality research on, emerging growth companies in the middle, small, and micro-cap markets. The firm strives to identify under-researched, small-cap and micro-cap equities and to increase awareness of these stocks among investors with a high risk orientation. Oceana attempts to identify companies that have reached an inflection point, from which the covered company is expected to enjoy outsized growth in sales and profitability.

About Unity Wireless Corporation www.unitywireless.com

Unity Wireless is a world-class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers.

ADVERTISEMENT


Disclosure:

This report is based on Oceana's independent analysis and judgment. Information, opinions or recommendations contained in this research report are for advisory and information purposes. The facts and information utilized in this research report have been obtained from sources believed to be reliable, but Oceana neither guarantees nor represents the accuracy or completeness of the information.

It is not a recommendation for any particular investor to purchase or sell any particular security. The information contained in this report is subject to change without notice. Oceana and its affiliated persons may hold positions in the securities of its client, but they are prohibited from selling any securities of an Oceana client during the service period to that client. A more complete disclosure is included in the report.

Patricia D. Giberson, the analyst contributing to this report, certifies that the views expressed in this report are an accurate representation of her personal views about the Company and its publicly traded securities.

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. To comply fully with the requirements of this law, Oceana cautions all investors that such forward-looking statements are not guarantees of future performance. Such statements are subject to a number of uncertainties and factors which may cause results to differ materially from those expressed in such forward-looking statements. Readers are urged to do due diligence and to consult the Company's SEC filings to better understand the inherent risks with the Company's securities. No forward-looking statements are a guarantee of future results or events.



Contact:
Contact:
Patricia D. Giberson
Director of Equity Research
Oceana Partners LLC
Tel: [phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Oceana Partners, LLC

[Bombenleger]

Antwort auf Beitrag Nr.: 27.413.173 von Bombenleger am 04.02.07 12:34:28

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Press Release Source: Unity Wireless Corporation


Unity Wireless Begins Deliveries to Vietnam's Largest Wireless Carrier -- MobiFone
Wednesday April 4, 3:00 am ET


HANOI, VIETNAM and BELLINGHAM, WA--(MARKET WIRE)--Apr 4, 2007 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), and its regional integration partner, Indo-China Technologies (IC), today announced that delivery of the second order for the company's 20 watt frequency shifting repeaters to Vietnam's largest wireless carrier, VMS's MobiFone, has commenced. As announced in a December 13, 2006 release, this second order followed quickly on the heels of the successful deployment of a first round of repeaters in the fourth quarter of 2006.
ADVERTISEMENT


Vietnam Mobile Telecom Services Company (VMS), a state-owned company under Vietnam Posts and Telecommunications Corporation, and operating under the brand name MobiFone, is the largest network operator in Vietnam with 5 million subscribers and 1,500 base stations.

"We are very well positioned for continued growth in this rapidly developing South East Asian market with our strong regional integration partner, Indo-China Technologies (IC), and robust, cost competitive repeaters at a key time in Vietnam's wireless industry development," commented Michael Manor, EVP Sales - Coverage Enhancement Solutions at Unity Wireless.

Vietnam added 4.3 million wireless subscribers in the first 11 months of 2005, according to the Vietnam Posts and Telecommunications Group, raising the total number of mobile telephone subscribers in the country to 14.6 million.

Mr. Son and Mr. Quang, co-owners of Indo-China Technologies (IC), said, "We are obviously pleased with the ongoing orders from Vietnam's largest wireless network operator. The installation and commissioning of these repeaters are often in challenging locations with minimal infrastructure. The skills of our integration team, combined with the quality of the Unity repeaters, have resulted in the ongoing success of this project."

Mr. Manor added, "Vietnam and Indonesia continue to grow in sales and importance for Unity Wireless. We are also seeing solid developments with key players in Taiwan and Thailand. We anticipate that South East Asia will also soon deliver opportunities in our point to point and TMA lines, further accelerating our revenue growth in this market."

About Unity Wireless

Unity Wireless is a world-class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contacts:

David Orton
VP Marketing
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]

Noam Yellin
Middle East Investor Relations
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Antwort auf Beitrag Nr.: 27.413.173 von Bombenleger am 04.02.07 12:34:28

Unity Wireless Continues Its Introduction of the New Management Team
Thursday April 5, 6:30 am ET


Highly Experienced Wireless Professional, Michael Manor, Appointed to Executive Vice President, Sales of Coverage Enhancement Solutions


BELLINGHAM, WA--(MARKET WIRE)--Apr 5, 2007 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News) today announced the appointment of Michael Manor to Executive Vice President, Sales - Coverage Enhancement Solutions.
ADVERTISEMENT


"Michael has over 30 years of experience in international wireless communications from a technical perspective as well as an extensive sales, marketing, and management background. Additionally, his ability to speak several languages and his comfort operating in many countries will be a tremendous asset to our global sales team," said Ilan Kenig, CEO of Unity Wireless.

Mr. Manor was most recently Executive VP of Sales for Celletra. Prior to Celletra he served as VP Global Marketing of Geotek, a US-based mobile communications company, where he was also President of the Israel division. His commercial sales and marketing career has included tenures at Rafel, where Michael served as Head of the Communication Department, Head of Electronics Division, and Marketing Director at corporate level. Michael began his career in the Israeli navy as an electronics engineer. Mr. Manor has a BSC and MSC in Electrical Engineering from Technion Haifa, and postgraduate courses from the University of California, San Diego.

Mr. Manor commented, "The opportunity to lead a global sales team with a strong breadth of proven, leading edge products, at such an exciting time in worldwide wireless expansion, is a challenge that I am looking forward to. I anticipate strong growth for Unity this year as new market business development efforts begin to pay dividends."

About Unity Wireless

Unity Wireless is a world class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contacts:

David Orton
VP Marketing
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]

Noam Yellin
Middle East Investor Relations
[phone]
[e-mail]



--------------------------------------------------------------------------------
Source: Unity Wireless Corporation

[Bombenleger]

Antwort auf Beitrag Nr.: 27.413.173 von Bombenleger am 04.02.07 12:34:28

Global Tier-One Wireless Manufacturers & Operators Request Technical Trials of New Unity Wireless Product
Tuesday April 10, 3:00 am ET


Limited Competition and Market Leading Size Give Unity's 450MHz TMA Line the Edge


BELLINGHAM, WA--(MARKET WIRE)--Apr 10, 2007 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News) this week launched its new 450Mz band line of Tower Mounted Amplifiers. Added to their existing 450MHz HPA (High Power Amplifier), this new line of TMAs has quickly generated significant interest and, to date, four technical trial requests from two of the world's largest wireless original equipment manufacturers, as an integrated part of their own base station and antenna system.
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The 450MHz band has traditionally had comparatively limited use, with deployment in Eastern Europe, Russia, South East Asia, and Africa. Consequently there are few full line manufacturers of product in this band. Recently, the accelerating demand for wireless in these regions, combined with ever shrinking available frequency spectrum, has resulted in increased demand for 450MHz products, and Tier-One operators and wireless equipment manufacturers are looking for suppliers.

"Unity Wireless is in the great position of having a full line of products in this 450MHz frequency at the right time to meet the growing demand," commented Nissim Atias, President and Chief Operating Officer of Unity Wireless.

"Not only are we one of only a few manufacturers to offer a full line of product in this frequency, but our TMAs market leading design and size gives us a very significant size and weight advantage over competitive products," said Mr. Atias. He continued, "In a market where the space and weight on a cellular tower is at an ever increasing cost to the operator, our products significant size and weight advantage saves them money while our technical performance continues to be among the best in the industry."

About Unity Wireless

Unity Wireless is a world-class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.



Contact:
Investor Contacts:
David Orton
VP Marketing
Unity Wireless
[phone]
[e-mail]

Mike Mulshine
Osprey Partners
[phone]
[e-mail]

Noam Yellin
Middle East Investor Relations
[phone]
[e-mail]



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Source: Unity Wireless Corporation