DragonWave Inc. Sets Date to Release Fiscal Year 2008 Third Quarter Results

    FOR:  DRAGONWAVE INC.

AIM, TSX SYMBOL:  DWI

December 20, 2007

DragonWave Inc. Sets Date to Release Fiscal Year 2008 Third Quarter Results

OTTAWA, ONTARIO--(Marketwire - Dec. 20, 2007) - DragonWave Inc. (TSX:DWI)(AIM:DWI) will release its
fiscal year 2008 third quarter results on January 10, 2008 after the market closes in North America.
The company will discuss the results on a conference call January 11, 2008 at 8:30 a.m. eastern time
(1:30 p.m. BST).  Presentation material and a webcast link will be made available from the Investor
Relations portal of DragonWave's web site at http://www.dragonwaveinc.com/financialreports.asp.

Conference Call Details:

- Beginning at 8:30 a.m., EDT, (1:30 p.m. BST)

- Local call: 416-915-9040

- Toll free North American: 1-866-261-3038

- Toll free United Kingdom: 08-08-234-1382

A replay of the call will be made available at http://www.dragonwaveinc.com, through the Investor
Relations portal.

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


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FOR FURTHER INFORMATION PLEASE CONTACT:

DragonWave Inc.
Russell Frederick
Chief Financial Officer
613-599-9991 ext. 2253
[e-mail]

OR

DragonWave Inc
Nadine Kittle
Media Relations
613-599-9991 ext. 2262
[e-mail]

OR

Canaccord Adams Limited
Chris Bowman
44 20 7050 6500

OR

Weber Shandwick Financial
John Moriarty
020 7067 0736
Mob: [phone]
[e-mail]

								
DragonWave Inc.