DragonWave Inc.

DragonWave Inc.

December 20, 2007 10:53 ET

DragonWave Inc. Sets Date to Release Fiscal Year 2008 Third Quarter Results

OTTAWA, ONTARIO--(Marketwire - Dec. 20, 2007) - DragonWave Inc. (TSX:DWI)(AIM:DWI) will release its fiscal year 2008 third quarter results on January 10, 2008 after the market closes in North America. The company will discuss the results on a conference call January 11, 2008 at 8:30 a.m. eastern time (1:30 p.m. BST). Presentation material and a webcast link will be made available from the Investor Relations portal of DragonWave's web site at http://www.dragonwaveinc.com/financialreports.asp.

Conference Call Details:

- Beginning at 8:30 a.m., EDT, (1:30 p.m. BST)

- Local call: 416-915-9040

- Toll free North American: 1-866-261-3038

- Toll free United Kingdom: 08-08-234-1382

A replay of the call will be made available at http://www.dragonwaveinc.com, through the Investor Relations portal.

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

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