Spectrum Signal Processing Inc.
TSX : SSY
NASDAQ : SSPI

Spectrum Signal Processing Inc.

July 15, 2005 07:00 ET

Media Advisory: Spectrum Signal Processing to Host 2005 Second Quarter Results Conference Call and Live Audio Webcast

BURNABY, BRITISH COLUMBIA--(CCNMatthews - July 15, 2005) - Spectrum Signal Processing Inc. (TSX:SSY)(NASDAQ:SSPI) will release its second quarter results after market close on Wednesday, July 27, 2005. At 1:30 pm Pacific / 4:30 pm Eastern time the same day, Pascal Spothelfer, Spectrum's President & CEO, will host a conference call to discuss the financial results for the second quarter.

To access the Spectrum Conference Call:

Date: Wednesday, July 27, 2005

Time: 1:30 pm Pacific / 4:30 pm Eastern

Dial-in number: 1.866.898.9626. A replay of the call will be available from July 27, 2005 to August 10, 2005 and can be accessed by dialing 1.416.695.5800 followed by the access code 3159150#.

Web cast: The live audio web cast can be accessed on Spectrum's web site at www.spectrumsignal.com The replay will be available on Spectrum's web site until August 10, 2005.

ABOUT SPECTRUM SIGNAL PROCESSING INC.

Spectrum Signal Processing Inc. (TSX:SSY)(NASDAQ:SSPI) is a leading supplier of software defined platforms for defense electronics applications. Spectrum's products and services are optimized for military communications, signals intelligence, surveillance, electronic warfare and satellite communications applications. Spectrum's integrated, application-ready products provide its customers with compelling time-to-market and performance advantages while mitigating program risk and cost parameters. Spectrum Signal Processing (USA) Inc., based in Columbia, MD, provides application engineering services and modified commercial-off-the-shelf platforms to the US Government, its allies and its prime contractors. More information on Spectrum and its flexComm™ product line is available at www.spectrumsignal.com.

FORWARD-LOOKING SAFE HARBOUR STATEMENT

The above statements contained in this Business Outlook are forward-looking statements that involve a number of risks and uncertainties. In addition to factors discussed above, among other factors that could cause actual results to differ materially are the following: change in business strategy, liquidity and capital resources, reliance on significant customers, inflation and foreign exchange fluctuations, political, business and economic conditions, growth rates of the defense and commercial wireless markets, government budget cycles, changes in customer order patterns, the cost and availability of key components, successful contract negotiations, competitive factors, technology changes, the ability to successfully develop and market new products, the acceptance of new products, pricing pressures, and the ability to grow new defense and commercial wireless business. Readers are referred to Spectrum's assumptions and other risk factors set out in the most current Annual Report filed on Form 20-F with the Securities and Exchange Commission and with the British Columbia Securities Commission. The company wishes to caution readers not to place undue reliance upon any such forward-looking statements, which reflect management's best effort to provide guidance based on all known conditions on the date the statements are made. The company may or may not update these forward-looking statements in the future.

™ flexComm is a trademark of Spectrum Signal Processing Inc.

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