DragonWave Inc.
TSX : DWI
NASDAQ : DRWI

DragonWave Inc.

February 14, 2012 09:26 ET

JAB Broadband Selects DragonWave's Horizon Quantum to Significantly Expand the WISP's Network Capacity in Seven States

JAB Broadband to Purchase an Additional 200 DragonWave Horizon Links as a Cornerstone Strategy to Meet a Surge of New Customers and Growing Demand for High Speed Service

OTTAWA, CANADA--(Marketwire - Feb. 14, 2012) - New innovative technologies have made Wireless Internet Service Providers (WISPs) a competitive solution for residents and businesses looking for reliable, high-speed Internet services. DragonWave Inc., (TSX:DWI)(NASDAQ:DRWI) a leading global supplier of packet microwave radios and JAB Broadband, a top-tier WISP with a notable track record of growth, today announced the purchase of an additional mix of 200 DragonWave Horizon links to support JAB's aggressive network upgrade initiatives currently underway.

Since 2005, DragonWave and JAB Broadband's business relationship has continually evolved as the WISP pursued an active expansion plan that saw hundreds of DragonWave links deployed in its network. Explaining its decision to base its current upgrade program on the Horizon products, JAB asserts that DragonWave provides the most innovative, reliable and advanced platforms that perform as promised, also noting they are the most capable of leveraging new emergent technologies.

"We've rigorously tested a range of licensed wireless backhaul solutions and DragonWave has consistently come out on top," said Bret Westwood, Vice President of Network Operations for JAB Broadband. "Using DragonWave's innovative Quantum links, we can dramatically increase our capacity at the tower while leveraging the product's dual-link capabilities to greatly reduce our tower rents and capital costs. The Quantum's graceful upgrade path, high capacity, and cost advantages are critical to our current effort to upgrade our entire network. With dramatic increases in customer usage, we need to be prepared for the future and DragonWave is key to that end.

DragonWave's Horizon line of packet microwave systems delivers the highest levels of spectral efficiency and reliability for carrier-grade delivery of advanced applications and services. An uncompromised product design delivers pure packet microwave performance with software-scalable, ultra-low latency transport of up to 4 Gbps per link. Extremely easy to deploy and manage, DragonWave products deliver carrier-grade (99.999% availability) interference-free performance in next-generation IP networks.

"Over the past few years, there has been continued accelerated end-user demand for higher speed Internet, driven by video streaming, gaming and other Internet applications," said Peter Allen, President and CEO, DragonWave. "While some view this as a challenge, we're encouraged by innovative service providers like JAB Broadband who are seizing the opportunity to utilize DragonWave products to greatly improve their WISP services, grow their business and future-proof their networks to stay ahead of the anticipated continued demand for even greater bandwidth delivery."

About JAB Broadband

JAB Broadband, through its subsidiaries, provides fixed wireless broadband internet and digital voice telephone services to residential and business customers in Colorado, Wyoming, Utah, Idaho, Texas and Illinois. The company was founded in 2005 and is headquartered in Englewood, Colorado. The company provides service to 110,000+ subscribers and has experienced rapid growth both through acquisitions and growing the organic market in its service areas.

About DragonWave

DragonWave® is a leading provider of high-capacity packet microwave solutions that drive next-generation IP networks. DragonWave's carrier-grade point-to-point packet microwave systems transmit broadband voice, video and data, enabling service providers, government agencies, enterprises and other organizations to meet their increasing bandwidth requirements rapidly and affordably. The principal application of DragonWave's products is wireless network backhaul. Additional solutions include leased line replacement, last mile fiber extension and enterprise networks. DragonWave's corporate headquarters is located in Ottawa, Ontario, with sales locations in Europe, Asia, the Middle East and North America. For more information, visit http://www.dragonwaveinc.com.

DragonWave® and Horizon® are registered trademarks of DragonWave Inc.

Forward-Looking Statements

Certain statements in this release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include statements as to DragonWave's growth opportunities and the potential benefits of, and demand for, DragonWave's products. These statements are subject to certain assumptions, risks and uncertainties, including our view of the relative position of DragonWave's products compared to competitive offerings in the industry. Readers are cautioned not to place undue reliance on such statements. DragonWave's actual results, performance, achievements and developments may differ materially from the results, performance, achievements or developments expressed or implied by 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 U.S. and Canadian securities regulatory authorities. DragonWave assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

Contact Information