Globalive Wireless Chooses DragonWave to Deliver Next Generation Technology in Multimillion Dollar 3G Network Build
OTTAWA, ONTARIO, Jul 10 (MARKET WIRE) --
DragonWave Inc.(TSX: DWI) a global supplier of high-capacity, wireless
native Ethernet backhaul solutions for mobile and access networks, today
announced Globalive Wireless Management Corp. has selected DragonWave to
provide high-capacity, cost effective next generation wireless backhaul
for its high speed packet access network in support of Globalive's
commitment to bring more value and innovation to Canadian consumers.
"As we build Canada's newest wireless network, our commitment is to
provide Canadian consumers with unmatched value", asserts Ken Campbell,
CEO of Globalive Wireless Management Corp. "For that, we need
future-ready technology that enables the delivery of high-capacity,
cost-effective IP-based services."
New IP applications are quickly exceeding the capacity of existing
networks. DragonWave's made-in-Canada Horizon Compact product allows
companies to meet the growing demand for more bandwidth without the
expense of building or expanding a fibre backbone.
"After a rigorous search of global suppliers, we selected Canadian
network solutions leader DragonWave for its innovative, Ethernet-based
alternative to the more expensive leased-line and fibre optic
infrastructure favored by legacy carriers", explains Mr. Campbell. He
adds that "Globalive Wireless is always looking for opportunities to
engage Canadian suppliers."
DragonWave Horizon and AirPair products operate in both licensed and
unlicensed radio frequencies between 6 and 38 GHz. An uncompromised
product design delivers pure "packet" microwave performance with software
scalable, ultra-low latency transport of up to 1.6 Gbps per link.
Extremely easy to deploy and manage, DragonWave products deliver
carrier-grade (99.999%) interference-free performance in next-generation
IP networks.
"We are excited to have been selected for the Globalive 3G network. This
win represents our largest Canadian network to date and it is
particularly pleasing that our solutions, which have been entirely
developed in our Ottawa based R&D facilities, will be used in our home
market. This is an important showcase network for us", says DragonWave
President and CEO Peter Allen. Adds Globalive CEO Ken Campbell, "We are
not only pleased to be making a significant investment in Canadian
technology, but also to be creating Canadian jobs in an innovative sector
at a time when our country needs them the most. This is exactly in line
with Canada's need to transform itself into a more competitive,
knowledge-based economy."
About Globalive Wireless Management Corporation
Globalive Wireless is Canada's newest provider of wireless communications
services. The Company will provide voice, text and data services to
Canadians on a next-generation all IP wireless network and is committed
to offering a level of service presently not available in Canada.
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
Forward Looking Statements
Certain statements in this release constitute forward-looking statements
or forward-looking information within the meaning of applicable
securities laws. These statements are subject to certain assumptions,
risks and uncertainties. Readers are cautioned not to place undue
reliance on such statements. Risk factors that may cause the actual
results, performance, achievements or developments of DragonWave to
differ materially from the results, performance, achievements or
developments expressed or implied by such statements can be found in the
public documents filed by DragonWave with Canadian securities regulatory
authorities. In particular, actual results could differ materially from
those expressed in such statements. For a list of risk factors, please
refer to DragonWave's Annual Information Form which is available on
www.sedar.com. DragonWave assumes no obligation to update or revise any
forward-looking statements or forward-looking information, whether as a
result of new information, future events or otherwise, except as
expressly required by law.
Contacts:
DragonWave Inc.
Nadine Kittle
Marketing Communications
613-599-9991 ext 2262
nkittle@dragonwaveinc.com
Interprose Public Relations
(for DragonWave)
Becky Obbema
408-778-2024
Becky.Obbema@interprosepr.com
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