Spectrum Signal Processing Inc.
TSX : SSY
NASDAQ : SSPI

Spectrum Signal Processing Inc.

October 24, 2005 14:00 ET

Spectrum Signal Processing Obtains US General Services Administration Listing

COLUMBIA, MARYLAND--(CCNMatthews - Oct. 24, 2005) - Spectrum Signal Processing (USA) Inc., a subsidiary of Spectrum Signal Processing Inc. (TSX:SSY)(NASDAQ:SSPI), today announced the listing of its products and services in the U.S. Government's General Services Administration (GSA) catalogue.

The GSA helps federal agencies acquire space, products and services by contracting with federal and commercial sources. The GSA assists buyers by negotiating large multi-user contracts and leveraging the volume of the federal market to drive down prices. From a seller's perspective, the GSA offers businesses the opportunity to sell increased volumes of products and services to federal agencies through its contract vehicles.

Most GSA contracts are for standard services and commercial-off-the-shelf (COTS) products and services including a wide range of communications electronics products and professional engineering services. Spectrum has listed a number of its COTS products and engineering services in the GSA catalogue. The listing will allow all branches of the US government, including military and civilian agencies, to purchase Spectrum's software-defined radio products and services in a timely, efficient manner.

"Our GSA listing will streamline direct sales to the US government and help us to shorten the sales cycle for such transactions," stated James P. Atkins, President of Spectrum Signal Processing (USA) Inc. "Our government customers will receive Spectrum's leading software defined radio products on most favorable pricing terms and will also benefit from this established contracting vehicle offered by the GSA."

ABOUT THE US GENERAL SERVICES ADMINISTRATION

The U.S. GSA is a centralized federal procurement, property management and policy agency created by congress to improve government efficiency and help federal agencies better serve the public. GSA acquires, on behalf of federal agencies, office space, equipment, telecommunications, information technology, supplies and services. It also plays a key role in developing and implementing government-wide policies. GSA's 13,000 associates provide services and solutions for the office operations of more than one million federal workers in more than 8,000 buildings the government owns and leases in 2,000 U.S. communities.

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 applications engineering services and modified commercial-off-the-shelf platforms to the US Government, its allies and its prime contractors. For more information on Spectrum and its flexComm™ product line, please visit www.spectrumsignal.com.

This news release contains forward-looking statements related to sales of the Spectrum Signal Processing Inc. flexComm product line. Although Spectrum has received orders for shipping flexComm product, development delays and customer issues could delay shipments. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties, including the timely development and acceptance of Spectrum's new products, the impact of competitive products and pricing, availability of components, changing market conditions and the other risks detailed from time to time in other company filings. Actual results may differ materially from those projected. These forward-looking statements represent the company's judgment as of the date of this release and Spectrum may or may not update these forward-looking statements in the future. Readers are referred to Spectrum's assumptions and risk factors set out in the most current Form 20-F filed with the Securities and Exchange Commission and the British Columbia Securities Commission.

™ flexComm is a trademark of Spectrum Signal Processing Inc.

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