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<TITLE>FOR IMMEDIATE RELEASE</TITLE>
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<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>UNITED STATES</B></P>
<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>Washington, DC &nbsp;20549</B></P>
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<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>FORM 8K</B></P>
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<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>CURRENT REPORT</B></P>
<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>Pursuant to Section 13 OR 15 (d) of the Securities Exchange Act of 1934</B></P>
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<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center>Date of Report (Date of earliest event reported) <B>December 29, 2006</B></P>
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<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>Unity Wireless Corporation</B></P>
<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center>(Exact name of registrant as specified in its charter)</P>
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<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>Delaware</B></P>
<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center>(State or other jurisdiction of incorporation)</P>
<P style="margin-top:0pt; margin-bottom:2pt; font-family:Times New Roman; font-size:8pt" align=center><BR></P>
<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>0-30620</B></P>
<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center>Commission File Number)</P>
<P style="margin-top:0pt; margin-bottom:2pt; font-family:Times New Roman; font-size:8pt" align=center><BR></P>
<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>91-1940650</B></P>
<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center>(IRS Employer Identification No.)</P>
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<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>7438 Fraser Park Drive, Burnaby, BC Canada &nbsp;V5J 5B9</B></P>
<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center>(Address of principal executive offices and Zip Code)</P>
<P style="margin-top:0pt; margin-bottom:2pt; font-family:Times New Roman; font-size:8pt" align=center><BR></P>
<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>(800) 337-6642</B></P>
<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center>(Registrant&#146;s telephone number, including area code)</P>
<P style="margin-top:0pt; margin-bottom:2pt; font-family:Times New Roman; font-size:8pt" align=center><BR></P>
<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>not applicable</B></P>
<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center>(Former name or former address, if changed since last report)</P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:8pt" align=justify>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<I>see </I>General Instruction A.2. below):</P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:8pt" align=justify>&nbsp;</P>
<P style="margin-top:0pt; margin-bottom:-15pt; text-indent:18pt; line-height:15pt; font-family:Times New Roman; font-size:8pt" align=justify><FONT FACE="Wingdings">o</FONT></P>
<P style="margin:0pt; text-indent:36pt; line-height:13pt; font-family:Times New Roman; font-size:8pt" align=justify>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:8pt" align=justify>&nbsp;</P>
<P style="margin-top:0pt; margin-bottom:-15pt; text-indent:18pt; line-height:15pt; font-family:Times New Roman; font-size:8pt" align=justify><FONT FACE="Wingdings">o</FONT></P>
<P style="margin:0pt; text-indent:36pt; line-height:13pt; font-family:Times New Roman; font-size:8pt" align=justify>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:8pt" align=justify>&nbsp;</P>
<P style="margin-top:0pt; margin-bottom:-15pt; text-indent:18pt; line-height:15pt; font-family:Times New Roman; font-size:8pt" align=justify><FONT FACE="Wingdings">o</FONT></P>
<P style="margin:0pt; text-indent:36pt; line-height:13pt; font-family:Times New Roman; font-size:8pt" align=justify>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
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<P style="margin-top:0pt; margin-bottom:-15pt; text-indent:18pt; line-height:15pt; font-family:Times New Roman; font-size:8pt" align=justify><FONT FACE="Wingdings">o</FONT></P>
<P style="margin:0pt; text-indent:36pt; line-height:13pt; font-family:Times New Roman; font-size:8pt" align=justify>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
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<P style="margin-top:4pt; margin-bottom:4pt; line-height:10pt; font-family:Times New Roman; font-size:8pt"><B>Item 3.02 Unregistered Sales of Equity Securities.</B></P>
<P style="margin:0pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=justify>Pursuant to the Subscription Agreement the Company on December 23, 2006 sold to private investors 10,944,400 common shares, in the aggregate principal amount of $984,996, and warrants to purchase 16,416,600 shares of common stock at $0.10 per share (&#147;Warrants&#148;). </P>
<P style="margin-top:4pt; margin-bottom:4pt; line-height:10pt; font-family:Times New Roman; font-size:8pt">The securities referred were issued in a private placement under the exemption set forth in Section 4(2) of the Securities Act of 1993 Act (the &#147;Act&#148;) and Rule 506 thereunder from the registration requirements under the Act.</P>
<P style="margin-top:4pt; margin-bottom:4pt; line-height:10pt; font-family:Times New Roman; font-size:8pt">The Company has agreed to file a registration statement to register all of the shares of common stock issued and issuable upon the exercise of the Warrants. &nbsp;</P>
<P style="margin-top:4pt; margin-bottom:4pt; line-height:10pt; font-family:Times New Roman; font-size:8pt">In connection with the financing, the Company paid $59,100 in fees to Meitav Underwriting Ltd. (&#147;Meitav&#148;)&nbsp; &nbsp;&nbsp;The Company also issued to Meitav warrants to purchase 656,664 of common stock at an exercise price of $0.10 per share and in the form of the Warrants. &nbsp;</P>
<P style="margin-top:4pt; margin-bottom:4pt; line-height:10pt; font-family:Times New Roman; font-size:8pt">The foregoing summary is qualified by reference to the provisions of the agreements and instruments that are included as exhibits with this filing.</P>
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<P style="margin:0pt; line-height:10pt; font-family:Times New Roman; font-size:8pt">Item 9.01 Exhibits</P>
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<P style="margin:0pt; line-height:10pt; font-family:Times New Roman; font-size:8pt">Exhibit 4.1 Form of Subscription Agreement</P>
<P style="margin:0pt; line-height:10pt; font-family:Times New Roman; font-size:8pt">Exhibit 4.2 Form of Warrant</P>
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<P style="margin-top:0pt; margin-bottom:2pt; line-height:10pt; font-family:Times New Roman; font-size:8pt">SIGNATURES</P>
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<P style="margin-top:3.35pt; margin-bottom:3.35pt; line-height:10pt; font-family:Times New Roman; font-size:8pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
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<P style="margin-top:3.35pt; margin-bottom:3.35pt; line-height:10pt; font-family:Times New Roman; font-size:8pt">UNITY WIRELESS CORPORATION</P>
<P style="margin-top:3.35pt; margin-bottom:3.35pt; line-height:10pt; font-family:Times New Roman; font-size:8pt">By: /s/ Ilan Kenig</P>
<P style="margin-top:3.35pt; margin-bottom:3.35pt; line-height:10pt; font-family:Times New Roman; font-size:8pt">Chief Executive Officer </P>
<P style="margin-top:3.35pt; margin-bottom:3.35pt; line-height:10pt; font-family:Times New Roman; font-size:8pt">Date: December 29, 2006</P>
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{"company-data": {"conformed-name": "UNITY WIRELESS CORP", "cik": "0001100451", "assigned-sic": "4812", "irs-number": "911940650", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-30620", "film-number": "061306219"}, "business-address": {"street1": "10900 NE 4TH STREET", "street2": "SUITE 2300", "city": "BELLEVUE", "state": "WA", "zip": "96004", "phone": "1800337664"}, "mail-address": {"street1": "10900 NE 4TH STREET", "street2": "SUITE 2300", "city": "BELLEVUE", "state": "WA", "zip": "96004"}, "former-company": {"former-conformed-name": "SONIC SYSTEMS CORP", "date-changed": "19991206"}}
FOR IMMEDIATE RELEASE
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC  20549
FORM 8K
CURRENT REPORT
Pursuant to Section 13 OR 15 (d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
December 29, 2006
Unity Wireless Corporation
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
0-30620
Commission File Number)
91-1940650
(IRS Employer Identification No.)
7438 Fraser Park Drive, Burnaby, BC Canada  V5J 5B9
(Address of principal executive offices and Zip Code)
(800) 337-6642
(Registrant's telephone number, including area code)
not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (
see
General Instruction A.2. below):
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 3.02 Unregistered Sales of Equity Securities.
Pursuant to the Subscription Agreement the Company on December 23, 2006 sold to private investors 10,944,400 common shares, in the aggregate principal amount of $984,996, and warrants to purchase 16,416,600 shares of common stock at $0.10 per share ("Warrants").
The securities referred 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.
The Company has agreed to file a registration statement to register all of the shares of common stock issued and issuable upon the exercise of the Warrants.
In connection with the financing, the Company paid $59,100 in fees to Meitav Underwriting Ltd. ("Meitav")    The Company also issued to Meitav warrants to purchase 656,664 of common stock at an exercise price of $0.10 per share and in the form of the Warrants.
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 Subscription Agreement
Exhibit 4.2 Form of Warrant
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
UNITY WIRELESS CORPORATION
By: /s/ Ilan Kenig
Chief Executive Officer
Date: December 29, 2006