Vecima Schedules Q1 Results and AGM

VICTORIA, BRITISH COLUMBIA--(Marketwire - Nov. 1, 2011) - Vecima Networks Inc. ("Vecima" or "the Company") (TSX:VCM), today announced that it has scheduled its fiscal 2012 first quarter earnings news release and conference call to be held on December 9, 2011 at 1 p.m. ET to discuss the results for the three month period ending September 30, 2011.

The Canadian Securities Administrators ("CSA") has extended the regular filing deadline by 30 days for TSX-listed companies who are filing their first interim financial report under IFRS. For issuers with a June 30^th year end, their filings must be made on or before December 14, 2011.

In addition, Vecima today announced that it will hold its 2011 Annual Meeting of Shareholders on December 7, 2011 in Victoria, B.C. Notice of the meeting and record date have been filed on SEDAR (www.sedar.com) and meeting materials will be distributed to shareholders by mid-November.

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 solutions enable service providers to meet the needs of 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 also 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". In addition, the Company continues to focus on developing products to address emerging markets, such as Voice over Internet Protocol, fibre to the home and IP video. www.vecima.com

Forward-Looking Statements

Certain statements in this press release may constitute forward-looking statements within the meaning of applicable securities laws. All statements other than statements of historical fact are forward-looking statements. Vecima disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.