Vecima Networks Inc.
TSX : VCM

Vecima Networks Inc.

August 22, 2007 09:30 ET

Vecima Broadband Wireless Internet Network Systems Operational in 12 Countries

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 22, 2007) - Vecima Networks Inc. (TSX:VCM), leading Last Mile Solution® provider for broadband wireless and wired networks, today announces unit delivery and deployment milestones for its Broadband Wireless Internet Network (BWIN™) product series. Based on proven Data over Cable Service Interface Specifications (DOCSIS®) technology for triple play services and first released in 1999 where it was available only in 3.5 GHz, Vecima's BWIN™ line of base stations and CPEs has expanded to offer complete system solutions in 700 MHz, 900 MHz, 1.9 GHz, 2.5 GHz, 3.5 GHz and 5.8 GHz. To date, BWIN™ deliveries exceed 50,000 units and have been deployed within 12 countries situated throughout Asia, Central America, Africa and North America.

Targeting underserved rural and economically developing regions where broadband access had traditionally been unavailable, Vecima generated strong demand for its Canadian manufactured BWIN™ product family offering a cost efficient and rapidly deployable solution relative to laying cable infrastructure. Additional benefits fueling service provider's demand for BWIN™ included low-cost market entry, scalability and portability.

"Our growth into the wireless space has been very positive because of the success of our BWIN™ solutions," remarked Sumit Kumar, VP Corporate Strategy. "To carve space for Vecima in this highly competitive market, we relied heavily on our technical ability to customize client-specific solutions while utilizing our in-house manufacturing to deliver systems in rapid turn-around time. At the same time, we capitalized on positioning our sales and marketing team to focus on specific niche markets. We are very confident in reemploying this strategic outline to maximize our market space in the WiMAX space moving forward."

"Although historically a wired broadband technology, DOCSIS® is a robust platform from which Vecima built its BWIN™ product family. In fact, as the next generation broadband wireless standard, WiMAX leverages the advantages of DOCSIS® by employing much of the MAC technology from the wired predecessor. Vecima's intimate knowledge of DOCSIS® gained through years of experience supplying the cable industry with DOCSIS® upconverters and QAMs continues to be of significant strategic importance to both our BWIN™ and VistaMAX solutions."

Vecima, a Principal Member of the WiMAX Forum, currently has shipped WiMAX compliant gear for trial deployment to 27 customers in 15 countries. Building upon the success of its BWIN™ systems, the company has continued to invest heavily into research and development and sales and marketing of its WiMAX line and is poised to deliver market leading WiMAX systems with mass market adoption.

About Vecima Networks

Vecima Networks Inc. (TSX:VCM) designs, manufactures and sells products that enable broadband access to cable, wireless and telephony networks. Vecima's hardware products incorporate original embedded software to meet the complex requirements of next-generation, high-speed digital networks. Service providers use Vecima's solutions to deliver services to a converging worldwide broadband market, including what are commonly known as "triple play" (voice, video and data) and "quadruple play" (voice, video, data and wireless) services. Vecima's solutions allow service providers to rapidly and cost-effectively bridge the final network segment that connects the system directly to end users, commonly referred to as "the last mile", by overcoming the bottleneck resulting from insufficient carrying capacity in legacy, last mile infrastructures. Vecima's products are directed at three principal markets: Data over Cable, Broadband Wireless and Digital Video. The Company has also developed and continues to focus on developing products to address emerging markets such as Voice over Internet Protocol, fibre to the home and IP video.

Forward-Looking Statements

Certain statements in this news release may constitute forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this news release, such statements are generally identified by the use of such words as "may", "will", "expect", "believe", "plan", "intend" and other similar terminology. These statements reflect Vecima's current expectations regarding future events and operating performance and speak only as of the date of this news release. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors including, but not limited to, the factors discussed under "Risk Factors" in the Company's Annual Information Form dated September 27, 2006 available on SEDAR (www.sedar.com), could cause actual results to differ materially from the results discussed in the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances.

Contact Information