Redline receives a lifeline

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Redline Communications, a Canadian manufacturer of Fixed and Mobile WiMAX equipment announced that it received $10 Millions (Canadian) financing loan from the Ontario Ministry of Economic Development.

“This government loan will help Redline remain at the forefront of the broadband wireless industry worldwide, and allow it to further grow its design and development capability for ‘Fourth Generation’ (4G) commercial, military and government broadband wireless networks,” said Mihnea Moldoveanu, Redline’s Founder and Chief Strategy Officer.

Forefront?

I think it should beĀ  “Keeping our heads above water”.

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