DragonWave and Cedicom Sign Strategic Partnership to Expand Russion and CIS Markets

Source: Press Release November 14, 2006 - Ottawa, Canada

DragonWave Inc a leading global supplier of next-generation wireless networks, today announced the signing of a strategic partnership agreement with Cedicom of Russia, a leader in the telecommunication market in Russia and the CIS countries. Under the agreement Cedicom will offer DragonWave’s AirPair Wireless Ethernet solutions of point-to-point microwave radios designed for IP and carrier networks. The agreement will strengthen Cedicom portfolio and allow DragonWave to significantly extend its market reach in the Russian market.

"Cedicom is pleased to align with DragonWave and we are excited to add the AirPair high capacity, low latency, IP/Ethernet products to the solutions we offer our customers,” said Youry Guinossian, General Director of Cedicom. "We strive to provide our network of customers with the best wireless solutions available that matches the market requirements and this product is an excellent fit."

Cedicom works with more than 200 operators in Russia and the CIS countries allowing them to carry out a "turn-key" networks construction in wireless access and will act as a supplier of DragonWave’s broadband wireless Ethernet solutions. Cedicom will sell DragonWave’s entire AirPair product line to its network of customers that require superior backhaul application solutions.

"We expect Russia to be an important market for next generation wireless systems”, said Peter Allen, President and CEO of DragonWave “and we are delighted to be working with Cedicom who have a formidable presence within the Russian Telecoms market.”

DragonWave's AirPair product operates within both licensed and unlicensed radio frequencies of 11-to-38-GHz range, ensuring interference-free performance for customers' traffic. The DragonWave solution provides scalable, ultra-low latency, wire-speed native Ethernet connectivity up to 500 Mbps full duplex. The system is extremely easy to deploy and manage, with a full suite of network management options. AirPair has indoor and outdoor deployment options, and is a highly reliable platform enabling 99.999% service availability.

Cedicom
Cedicom is a private company started in 1996 specializing in the telecommunication market. Cedicom designs and installs networks for broadband wireless access operators. Cedicom also provides consulting services for frequency allocation for operators in the Russian Federation and CIS countries territory. Cedicom’s company headquarters are located in Moscow. The company's Web site is http://www.cedicom.ru.

For more information, visit their website at http://www.cedicom.ru.

DragonWave Incorporated
DragonWave designs, markets and supports broadband, wireless networking products for service providers and enterprises requiring reliable, predictable, interference-free, high-bandwidth transmission of real-time, IP applications. DragonWave products meet the demands of a wide range of applications as well as delivering a value proposition that enables operators and service providers an "invest as you grow" capability that leverages profitable growth. DragonWave is headquartered in Ottawa, Canada's high-technology capital.

The company's Web site is http://www.dragonwaveinc.com.