DragonWave Inc.
TSX : DWI
AIM : DWI

DragonWave Inc.

July 09, 2008 08:43 ET

DragonWave Selected by Sprint for XOHM's Network Deployments in Baltimore/Washington and Chicago

Sprint to Deploy DragonWave High-Capacity Ethernet Products for WiMAX Backhaul in launch markets

OTTAWA, ONTARIO--(Marketwire - July 9, 2008) - DragonWave Inc. ("DragonWave") (TSX:DWI)(AIM:DWI) a leading global supplier of next-generation wireless networks, today announced that Sprint (NYSE:S) has selected DragonWave's IP backhaul solutions for its XOHM-branded WiMAX mobile-broadband services in North America. DragonWave's Horizon Compact and Horizon Duo products will be deployed initially in the Baltimore/Washington and Chicago markets.

"We are progressing with our deployment of the XOHM mobile broadband network using WiMAX technology and we will include wireless backhaul in our first launch markets" said Doug Smith, Senior Vice President and Chief Technical Operations Officer of Sprint's XOHM business unit. "DragonWave's backhaul products are an important part of our ability to ensure the efficiency and cost effectiveness of the network we are deploying."

DragonWave's native Ethernet radios will provide Sprint's XOHM network with carrier-grade reliability, capacity, throughput and Quality of Service (QoS) for backhauling 4G traffic. The Horizon products provide software controlled scalability, ultra-low latency, wire-speed connectivity up to 1.6 Gbps full duplex, 99.999% service availability and a full suite of network management options. Ring/mesh network architecture coupled with adaptive modulation and integrated antenna solutions enables a 50% reduction in the total life cycle cost compared to conventional designs enabling Sprint XOHM to rapidly and affordably expand their market coverage and meet increased bandwidth requirements.

"Big-name carriers such as Sprint are confronting the backhaul challenges of the mobile Internet, and, consequently, they are increasingly transitioning to lower-cost IP backhaul to support 3G and 4G expansion and booming data rates," said Caroline Gabriel, Research Director and Lead Wireless Analyst with Rethink Research Associates. "Carriers no longer can allow backhaul bottlenecks to slow their mobile-broadband growth plans, so we are seeing heightened uptake for powerful IP backhaul solutions that allow for simple, cost-efficient network rollout."

"We are delighted to be selected by Sprint as a wireless backhaul provider for use in their 4G Mobile Broadband XOHM Network," said Peter Allen, DragonWave's President & CEO. "Our flexible family of high capacity IP based backhaul solutions contribute to the needs of the 4G business case. We are excited to continue to bring these benefits to Sprint XOHM as its nationwide rollout moves forward."

Forward Looking Statements

This release contains certain forward-looking information, including expectations of future business. This information is based on the company's current expectations and assumptions that are subject to a variety of risks and uncertainties that are difficult to predict and that may be beyond DragonWave's control. Actual results could differ materially from those expressed in any forward-looking statements due to factors such as customer demand and timing of purchasing decisions, increased levels of competition, technological changes and the successful development of new products, dependence on third-party manufacturers and suppliers, risks relating to intellectual property infringement claims, and other risks and factors identified in DragonWave's public filings with regulatory authorities. DragonWave assumes no obligation to update these forward-looking statements as a result of new information or future events.

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 fiber-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

Contact Information

  • DragonWave Inc.
    Nadine Kittle
    Marketing Communications
    613-599-9991 ext 2262
    nkittle@dragonwaveinc.com
    or
    Cathy Palmen
    Interprose Public Relations (for DragonWave)
    408-268-8112
    cpalmen@interprosepr.com
    or
    Canaccord Adams Limited
    Andrew Chubb
    (for DragonWave)
    44 20 7050 6500