May 13, 2003

News Release: Signs Contract Valued at CAN$5.6 Million

Mitec Telecom Inc., a leading designer and provider of wireless network products for the telecommunications industry, announced that its BEVE subsidiary has been awarded an extension of an existing supply agreement that calls for it to supply point-to-point tactical radio equipment for defence use to a major European customer. The contract is valued at approximately CAN$5.6 million and deliveries are schedule to occur during the Company's second and third quarters. 'While our Swedish subsidiary is undergoing a restructuring process, its customers continue to demonstrate their support and confidence in the products and expertise it offers,'said Rajiv Pancholy, Mitec's President and CEO. 'BEVE is continuing to carry out normal business operations, and this new order will take it well into the new fiscal year.'

In March 2003, as part of its corporate strategy to streamline global manufacturing operations and improve its balance sheet, Mitec announced that its BEVE subsidiary had filed a Stoppage of Payments order to provide it with the opportunity to restructure its operations.

About Mitec Telecom

Mitec Telecom is a leading designer and provider of wireless network products for the telecommunications industry. The Company sells its products worldwide to network providers for incorporation into high-performing wireless networks used in voice and data/Internet communications. Additionally, the Company provides value-added services from design to final assembly and maintains test facilities covering a range from DC to 60 GHz. Headquartered in Montreal, Canada, the Company also operates facilities in the United States, Sweden, the United Kingdom and China.

Mitec Telecom Inc. is listed on the Toronto Stock Exchange under the symbol MTM. On-line information about Mitec is available at mitectelecom.com.

Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.



CONTACT: TEL: (514) 694-9000 Ext. 2186 Mitec Telecom Inc.

Mr. Keith Findlay, Executive Vice

President, Finance and CFO

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TEL: (514) 731-0000 Maison Brison, Mr. Scott Lawrence

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