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SR Telecom Issues Statement in Response to Recent Market Activity

Posted on: Friday, 26 November 2004, 18:00 CST

MONTREAL, Nov. 26 /PRNewswire-FirstCall/ -- At the request of Market Regulation Services Inc., the Management of SR Telecom(TM) Inc. (TSX: SRX; Nasdaq: SRXA) issued a statement today confirming that no material corporate developments have transpired since its news release of November 22, 2004.

About SR Telecom

SR TELECOM (TSX: SRX, Nasdaq: SRXA) designs, manufactures and deploys versatile, field-proven Fixed Wireless Access solutions. For over two decades, carriers have used SR Telecom's products to provide broadband data and carrier- class voice services to end-users in both urban and remote areas around the globe. SR Telecom's products have been deployed in over 130 countries, connecting nearly two million people.

A pioneer in the industry, SR Telecom works intimately with carriers to ensure that its broadband wireless access solutions directly respond to evolving customer needs. Its turnkey solutions include equipment, network planning, project management, installation and maintenance.

SR Telecom is a principal member of WiMAX Forum, a cooperative industry initiative which promotes the deployment of broadband wireless access networks by using a global standard and certifying interoperability of products and technologies.

FORWARD-LOOKING STATEMENTS

Except for historical information provided herein, this press release may

contain information and statements of a forward-looking nature concerning

the future performance of the Company. These statements are based on

suppositions and uncertainties as well as on management's best possible

evaluation of future events. Such factors may include, without excluding

other considerations, fluctuations in quarterly results, evolution in

customer demand for the Company's products and services, the impact of

price pressures exerted by competitors, and general market trends or

economic changes. As a result, readers are advised that actual results

may differ from expected results.

SR TELECOM is a trademark of SR Telecom Inc. All rights reserved 2004.

All other trademarks are property of their owners.

SR TELECOM INC.

CONTACT: David Adams, Senior Vice-President, Finance and CFO, (514)335-4035; Scott Lawrence, Maison Brison, (514) 731-0000,scott@maisonbrison.com


Source: PRNewswire-FirstCall

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