WaveRider Communications Inc.
OTC Bulletin Board : WAVR

WaveRider Communications Inc.

May 31, 2005 14:32 ET

Omni Wireless Group Delivers Wireless Broadband with WaveRider's Systems

TORONTO, ONTARIO--(CCNMatthews - May 31, 2005) -

Wireless networking company establishes community-wide networks in three states; communities now have access to high-speed data and VoIP services

WaveRider Communications Inc. (OTCBB:WAVR), the leader in non-line-of-sight wireless broadband technology and deployments, today announced that Omni Wireless Group, a wireless networking and services company in Nebraska, has deployed wireless broadband networks in three communities using WaveRider's 900 MHz systems.

Omni Wireless Group (Omni) now operates WaveRider systems in Cumberland, Iowa, in Fulda, Minnesota and in Moline, Illinois, with hundreds of subscribers now accessing high-speed voice and data communications via their networks. By the end of 2005, Omni expects to roll out additional networks in ten communities in Minnesota, Iowa, California, Maine and Illinois, for local telecommunications companies that want to extend their networks and deliver advanced services such as voice over IP (VoIP).

"The team we have put together at Omni has extensive experience in deploying wireless broadband systems. We chose WaveRider's products for these roll-outs because of the non-line-of-sight performance, reliability and quick return on investment," said Josh Peterson, Vice President of Operations, Omni Wireless Group. "With the addition of VoIP capabilities and the introduction of the EUM3006 integrated outdoor modem and antenna, WaveRider's products support the advanced features that our customers need and are now even simpler to deploy."

Omni works with municipalities and local telecommunications providers to plan and install their wireless networks, manage their subscribers, and grow their networks over time. The company also provides business and marketing support for service providers to help them integrate their wireless broadband offering with their existing services and to attract new subscribers.

"Omni has achieved early success by identifying regions and network operators that have an immediate need for broadband services and then offering them complete turnkey solutions using WaveRider's products," said Charles Brown, Chief Executive Officer, WaveRider Communications Inc. "We are pleased to be working with Omni because of its commitment to bringing customers the best technology available and backing it up with the professional business and technical support that operators need to succeed."

The world leader in fixed wireless Non-Line-of-Sight Technology

WaveRider's Last Mile Solution®(LMS) is the world's first fixed wireless broadband product to deliver true non-line-of-sight Internet connections in the license-exempt spectrum. WaveRider's LMS systems operate with an indoor-installed modem and antenna, as well as an integrated outdoor modem with Power over Ethernet. Both the indoor and outdoor-installed equipment deliver fast, reliable broadband connections and support advanced applications including Voice over IP (VoIP). WaveRider's product roster also includes its new MobileWAN, which enables portability and mobility for wireless operators and end users on WaveRider wireless networks.

WaveRider's systems have been deployed by hundreds of service providers in the United States, Canada, South America, the Caribbean and other international markets. WaveRider's customers have made wireless broadband service accessible to hundreds of thousands of potential subscribers worldwide.

About Omni Wireless Group

Omni Wireless Group (www.omniwg.com) helps municipalities, telephone companies, and private businesses to expand their services to include 'anything wireless'. OWG's team of professional engineers, project managers, and industry are experts in all matters wireless from cellular to Internet.

About WaveRider Communications Inc.

WaveRider Communications Inc. (www.waverider.com) is a leader in broadband wireless deployments and technologies. WaveRider's Last Mile Solution® non-line-of-sight 900 MHz and 5.8 GHz networks enable communications providers to establish full-saturation coverage networks, deliver advanced communications services, and generate a rapid return on their investment. WaveRider is committed to the development of standards-based wireless technologies that support advanced applications and address the needs of the North American and International markets. WaveRider is traded on the OTC Bulletin Board, under the symbol WAVR.

Except for the historical statements made herein, this release contains forward-looking statements that involve risks and uncertainties including the risks associated with the effect of changing economic conditions, trends in the development of the Internet as a commercial medium, market acceptance risks, realizing expected revenue, technological development risks, and seasonality. Risk factors also include the company's ability to secure additional financing; the company's ability to commercialize its products; the company's ability to compete successfully in the future against existing or new competitors; the company's ability to protect its intellectual property and the assurance that the rights granted under patents or copyrights that may be issued will provide sufficient protection to its intellectual property rights; the company's success in enhancing existing products and developing new products to keep up with the technological advances in the data communications industry; the continued availability of the license-exempt spectrum which is based on regulation by U.S. and foreign governments; the company's ability to avoid significant product liability exposure; the company's dependence on a limited number of third party manufacturers; the company's ability to execute its business plan and generate an overall profit and other risk factors detailed in the Company's filings with the Securities and Exchange Commission, including the company's annual report on Form 10-KSB as amended. Due to these factors, actual results could differ materially from those expressed in forward looking statements by the company.

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