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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Dragonwave | LSE:DWI | London | Ordinary Share | CA26144M1032 | COM SHS NPV (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 57.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
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0 | 0 | N/A | 0 |
FOR: DRAGONWAVE INC. AIM, TSX SYMBOL: DWI September 9, 2008 Altitude Infrastructure Selects DragonWave to Support WimMAX Growth in France DragonWave's success demonstrates IP Backhaul continues to be the preferred solution for WiMAX Operators OTTAWA, CANADA--(Marketwire - Sept. 9, 2008) - DragonWave Inc. ("DragonWave") (TSX:DWI)(AIM:DWI) a leading global supplier of next-generation point to point microwave radio systems, today announced that Altitude Infrastructure, a subsidiary of Altitude Group, has selected DragonWave products to provide high capacity Ethernet backhaul as part of its rollout of WiMAX broadband services across France. Altitude has pioneered WiMAX service introduction in France. Its first deployments took place in 2004. To date, DragonWave's Ethernet backhaul solution has been selected for four regional deployments in the Departement de la Haute Garonne, Departement des Deux Sevres, Departement du Jura and Departement des Pyrenees Atlantiques. "WiMAX has matured beyond the developmental stage. Today it is being selected as a legitimate broadband access option by more and more French customers. To accommodate this growth we required the highest performance IP backhaul solution available." said Fabrice Ballart, Directeur General with Altitude Infrastructure. "A broad portfolio of frequency options provides the flexibility we need to introduce WiMAX in any region. Its superior payload-per-hertz efficiency means we can optimize our spectrum usage and overall backhaul investment without compromising the end user experience. These benefits have helped fuel our business and provide a better return on network investments." Customer uptake in Altitude Telecom's services has intensified across business and residential markets. The operator recently announced it is accepting hundreds of new orders per month and this year plans to double the number of base stations in its WiMAX network to six hundred. Altitude Infrastructure is deploying DragonWave's AirPair products operating in licensed frequencies between 6 and 38 GHz. These products ensure interference-free performance, ultra-low latency to support real-time services, and scaleable Ethernet connectivity up to 800 Mbps. Extremely easy to deploy and manage, DragonWave products come with a full suite of network management options, and can be engineered to provide 99.999% service availability. The deployment expands DragonWave's growing market presence in Europe. "Operators in more and more markets are validating our IP backhaul solutions as the state-of-the-art, high-capacity transport option for 3G and 4G base stations," said Peter Allen, president and CEO of DragonWave. "We will continue to work closely with Altitude to assist in its expansion plans in France and with WiMAX operators throughout Europe and other international markets." About Altitude Telecom The Altitude Group, wholly owned by its founder Jean-Paul Riviere, is a major French telecoms organization. With its subsidiaries, Altitude Telecom and Altitude Infrastructure, the group provides services and support for business consumers and infrastructure projects run by regional government authorities. For more information please visit www.altitudetelecom.fr. About DragonWave Inc. 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 fiber-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. -30- FOR FURTHER INFORMATION PLEASE CONTACT: DragonWave Inc. Nadine Kittle Marketing Communications 613-599-9991 ext 2262 nkittle@dragonwaveinc.com OR Interprose Public Relations (for DragonWave) Cathy Palmen 408-268-8112 cpalmen@interprosepr.com OR Canaccord Adams Limited Andrew Chubb 44 20 7050 6500 OR Altitude Telecom Xavier Leboulanger 02 76 51 12 11 xavier.leboulanger@altitude.fr OR Presse & Technologies (for Altitude) Emmanuelle Renauld 01 56 56 64 64 erenauld@pressetech.fr DragonWave Inc.
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