DragonWave Inc.

DragonWave Inc.


November 14, 2006 12:01 ET

DragonWave and Cedicom Sign Strategic Partnership to Expand Russian and CIS Markets

OTTAWA, CANADA--(CCNMatthews - Nov. 14, 2006) - DragonWave Inc a leading global supplier of next-generation wireless networks, today announced the signing of a strategic partnership agreement with Cedicom of Russia, a leader in the telecommunication market in Russia and the CIS countries. Under the agreement Cedicom will offer DragonWave's AirPair Wireless Ethernet solutions of point-to-point microwave radios designed for IP and carrier networks. The agreement will strengthen Cedicom portfolio and allow DragonWave to significantly extend its market reach in the Russian market.

"Cedicom is pleased to align with DragonWave and we are excited to add the AirPair high capacity, low latency, IP/Ethernet products to the solutions we offer our customers," said Youry Guinossian, General Director of Cedicom. "We strive to provide our network of customers with the best wireless solutions available that matches the market requirements and this product is an excellent fit."

Cedicom works with more than 200 operators in Russia and the CIS countries allowing them to carry out a "turn-key" networks construction in wireless access and will act as a supplier of DragonWave's broadband wireless Ethernet solutions. Cedicom will sell DragonWave's entire AirPair product line to its network of customers that require superior backhaul application solutions.

"We expect Russia to be an important market for next generation wireless systems", said Peter Allen, President and CEO of DragonWave "and we are delighted to be working with Cedicom who have a formidable presence within the Russian Telecoms market."

DragonWave's AirPair product operates within both licensed and unlicensed radio frequencies of 11-to-38-GHz range, ensuring interference-free performance for customers' traffic. The DragonWave solution provides scalable, ultra-low latency, wire-speed native Ethernet connectivity up to 500 Mbps full duplex. The system is extremely easy to deploy and manage, with a full suite of network management options. AirPair has indoor and outdoor deployment options, and is a highly reliable platform enabling 99.999% service availability.

About DragonWave:

DragonWave Inc. is a leading innovator in wireless metro Ethernet networks offering high capacity broadband wireless systems for network operations and service providers. The company has achieved customer recognition for quality, innovation, and technical advances in delivering wireless point-to-point networks for the transport of data, voice and video communication systems, including comprehensive service and support. Our products meet the demands of a wide range of applications and offer service providers with "invest as you grow" scalability to leverage profitable growth. DragonWave's products are widely deployed in more than 20 countries, with over 3000 systems across a range of customers. DragonWave's corporate headquarters are located Ottawa, Ontario, and have sales locations in Europe and North American. The company's Web site is http://www.dragonwaveinc.com

About Cedicom:

Cedicom is a private company started in 1996 specializing in the telecommunication market. Cedicom designs and installs networks for broadband wireless access operators. Cedicom also provides consulting services for frequency allocation for operators in the Russian Federation and CIS countries territory. Cedicom's company headquarters are located in Moscow. The company's Web site is http://www.cedicom.ru

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