DragonWave Inc.

DragonWave Inc.

July 10, 2009 07:45 ET

Globalive Wireless Chooses DragonWave to Deliver Next Generation Technology in Multimillion Dollar 3G Network Build Across Canada

Canadian Firm Selected From Field of Leading Global Wireless Network Solution Suppliers

OTTAWA, ONTARIO--(Marketwire - July 10, 2009) - DragonWave Inc.(TSX:DWI) a global supplier of high-capacity, wireless native Ethernet backhaul solutions for mobile and access networks, today announced Globalive Wireless Management Corp. has selected DragonWave to provide high-capacity, cost effective next generation wireless backhaul for its high speed packet access network in support of Globalive's commitment to bring more value and innovation to Canadian consumers.

"As we build Canada's newest wireless network, our commitment is to provide Canadian consumers with unmatched value", asserts Ken Campbell, CEO of Globalive Wireless Management Corp. "For that, we need future-ready technology that enables the delivery of high-capacity, cost-effective IP-based services."

New IP applications are quickly exceeding the capacity of existing networks. DragonWave's made-in-Canada Horizon Compact product allows companies to meet the growing demand for more bandwidth without the expense of building or expanding a fibre backbone.

"After a rigorous search of global suppliers, we selected Canadian network solutions leader DragonWave for its innovative, Ethernet-based alternative to the more expensive leased-line and fibre optic infrastructure favored by legacy carriers", explains Mr. Campbell. He adds that "Globalive Wireless is always looking for opportunities to engage Canadian suppliers."

DragonWave Horizon and AirPair products operate in both licensed and unlicensed radio frequencies between 6 and 38 GHz. An uncompromised product design delivers pure "packet" microwave performance with software scalable, ultra-low latency transport of up to 1.6 Gbps per link. Extremely easy to deploy and manage, DragonWave products deliver carrier-grade (99.999%) interference-free performance in next-generation IP networks.

"We are excited to have been selected for the Globalive 3G network. This win represents our largest Canadian network to date and it is particularly pleasing that our solutions, which have been entirely developed in our Ottawa based R&D facilities, will be used in our home market. This is an important showcase network for us", says DragonWave President and CEO Peter Allen. Adds Globalive CEO Ken Campbell, "We are not only pleased to be making a significant investment in Canadian technology, but also to be creating Canadian jobs in an innovative sector at a time when our country needs them the most. This is exactly in line with Canada's need to transform itself into a more competitive, knowledge-based economy."

About Globalive Wireless Management Corporation

Globalive Wireless is Canada's newest provider of wireless communications services. The Company will provide voice, text and data services to Canadians on a next-generation all IP wireless network and is committed to offering a level of service presently not available in Canada.

About DragonWave

DragonWave™ is a leading provider of high-capacity wireless Ethernet equipment used in emerging IP networks. DragonWave designs, develops, and markets carrier-grade microwave radio frequency networking equipment that wirelessly transmit broadband voice, video and other data. DragonWave's wireless Ethernet products, which are based on a native Ethernet platform, function as a wireless extension to an existing fibre-optic core telecommunications network. The principal application for DragonWave's products is the backhaul function in a wireless communications network. Additional applications for DragonWave's products include point-to-point transport in private networks, including municipal and enterprise networks. DragonWave's corporate headquarters is located in Ottawa, Ontario, with sales locations in Europe, Middle East and North America. The company's Web site is http://www.dragonwaveinc.com

Forward Looking Statements

Certain statements in this release constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws. These statements are subject to certain assumptions, risks and uncertainties. Readers are cautioned not to place undue reliance on such statements. Risk factors that may cause the actual results, performance, achievements or developments of DragonWave to differ materially from the results, performance, achievements or developments expressed or implied by such statements can be found in the public documents filed by DragonWave with Canadian securities regulatory authorities. In particular, actual results could differ materially from those expressed in such statements. For a list of risk factors, please refer to DragonWave's Annual Information Form which is available on www.sedar.com. DragonWave assumes no obligation to update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by law.

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