Mitec to extend expiry date of warrants expiring October 3, 2008

MONTREAL, Sept. 19 /CNW Telbec/ - (TSX: MTM.TO) Mitec Telecom Inc. ("Mitec Telecom" or the "Corporation") announces today that it has extended the term of 4,650,000 common share purchase warrants (the "Warrants") that were issued as part of a private placement which closed on October 18, 2006. Each Warrant is exercisable for one common share in the capital of the Corporation, at an exercise price of $0.10, until October 3, 2008. Given the current turbulent state of the capital markets, Mitec Telecom has extended the expiry date a further 6 months namely, until April 3, 2009 (the "Extension"). Warrants held by insiders are not entitled to the Extension and will expire on October 3, 2008. The effective date of the Extension will be the tenth business day following the date of this press release.

About Mitec Telecom

Mitec Telecom is a leading designer and provider of radio frequency (RF) products for the telecommunications and satellite communications industries, as well as a variety of other sectors. The Corporation sells its products worldwide to network providers for incorporation into high-performing wireless networks used in voice and data/internet communications. Headquartered in Montreal, Canada, the Corporation also operates facilities in California and China. Mitec Telecom Inc. is listed on the Toronto Stock Exchange under the symbol MTM. On-line information about Mitec Telecom is available at www.mitectelecom.com.

Contacts

Mr. Jeffrey Mandel
Director
Investor and Corporate Relations
(514) 694-9000
jeffrey.mandel@mitectelecom.com

Source: Mitec Telecom Inc.