DragonWave's Wireless Ethernet Solutions Now Approved for Distribution in Russia

OTTAWA, CANADA, Jan 15 (MARKET WIRE) --
DragonWave Inc. ("DragonWave") (TSX: DWI)(AIM: DWI) a leading global
supplier of next-generation wireless networks, today announced its
AirPair Wireless Ethernet radio product has been approved by Russia's
Ministry of Communications for use throughout Russia.

Cedicom of Russia, a leader in the telecommunication market in Russia and
the CIS countries will offer DragonWave's AirPair Wireless Ethernet
solutions of point-to-point microwave radios designed for IP and carrier
networks. The approval of DragonWave's AirPair product will strengthen
Cedicom's portfolio and allow DragonWave to significantly extend its
market reach in the Russian market. AirPair products help service
providers, enterprises and governments rapidly introduce reliable,
broadband access networks where fiber-optic or copper-line connectivity
is either unavailable or impracticable.

"Russia is seen by many industry experts as a significant growth market
for Broadband wireless," said Peter Allen, President and CEO of
DragonWave. "Global expansion has been a central element of this
company's business plan, so with a strong distribution channel in place
and the next-generation AirPair radio now approved for deployment,
DragonWave is committed to expanding its presence in this market."

"The combination of scalability, ultra-low latency and the ease and speed
with which it can be deployed make AirPair ideal for the rapidly
expanding Russian market," commented Sergey Portnoy, Cedicom Chairman.
"We foresee great interest from service providers across Russia as they
scale to meet growing customer demand."

DragonWave's Horizon and AirPair products operate within both licensed
and unlicensed radio frequencies in the 11-to-38-GHz range, ensuring
interference-free performance for customers' traffic. DragonWave product
solutions provide scalable, ultra-low latency, wire-speed native Ethernet
connectivity up to 800 Mbps full duplex. The systems are extremely easy
to deploy and manage, with a full suite of network management options.
DragonWave has indoor and outdoor deployment options, and is a highly
reliable platform enabling 99.999% service availability.

About DragonWave

DragonWave(TM) is a leading provider of high-capacity wireless Ethernet
equipment used in emerging IP networks. DragonWave designs, develops, and
markets carrier-grade microwave radio frequency networking equipment that
wirelessly transmit broadband voice, video and other data. DragonWave's
wireless Ethernet products, which are based on a native Ethernet
platform, function as a wireless extension to an existing fibre-optic
core telecommunications network. The principal application for
DragonWave's products is the backhaul function in a wireless
communications network. Additional applications for DragonWave's products
include point-to-point transport in private networks, including municipal
and enterprise networks. DragonWave's corporate headquarters is located
in Ottawa, Ontario, with sales locations in Europe, Middle East and North
America. The company's Web site is http://www.dragonwaveinc.com.

Contacts:
DragonWave Inc.
Nadine Kittle
Marketing Communications
613-599-9991 ext 2262
nkittle@dragonwaveinc.com

Canaccord Adams Limited
Chris Bowman / Andrew Chubb
44 20 7050 6500

Interprose Public Relations
(for DragonWave)
Cathy Palmen
408-268-8112
cathy.palmen@interprosepr.com

Weber Shandwick Financial
(for DragonWave)
John Moriarty
Tel: 020 7067 0736
Mob: 07971 402224
jmoriarty@webershandwick.com

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