September 9, 2008
DragonWave Signs Agreement With Brightstar Corp to Distribute Horizon and AirPair Products in Caribbean and Latin American Markets
OTTAWA, CANADA--(Marketwire - Sept. 9, 2008) - DragonWave Inc. ("DragonWave") (TSX:DWI)(AIM:DWI), a leading global supplier of next- generation wireless networks, today announced they have signed an agreement with Brightstar Corporation, a global leader in customized distribution and integrated supply chain solutions for the wireless industry. Through the agreement, Brightstar will distribute DragonWave's Horizon and AirPair high-capacity wireless Ethernet backhaul solutions of point-to-point microwave radios in the Caribbean and Latin American markets.
Brightstar operates in 50 countries on six continents, and was chosen due to its extensive geographic footprint throughout the Latin American and Caribbean region. Other factors in the company's selection included Brightstar's significant operator customer base, depth of local knowledge, and dedicated sales team focused on selling complex solutions that network operators require.
"Brightstar is pleased to add DragonWave to our network infrastructure portfolio. Our new relationship will allow us to offer next generation IP based integrated fixed broadband wireless network solutions throughout the Caribbean and Latin America," said John Bonadurer, general manager of Network Infrastructure for Brightstar. "Our partnership will enhance both companies' positions within these markets."
"We are delighted to be working with Brightstar." said Peter Allen, DragonWave's President and CEO. "This will allow DragonWave to expand its market presence into this exciting growth region."
About Brightstar Corp.
Brightstar Corp. is a global leader in customized distribution and integrated supply chain solutions for the wireless industry. With global headquarters in Miami, FL, Brightstar operates sales, distribution and manufacturing facilities in 50 countries on six continents, giving it the largest global reach for its customers. Recently, Brightstar was named a Global Growth Company by the World Economic Forum, an exclusive list of 142 companies recognized for being visionary and fast growing businesses that have exceptional executive leadership and redefining their respective industries. The company provides solutions to more than 30,000, network operators, MVNOs, retailers, resellers, and independent agents around the world, and also represents the world's leading wireless manufacturers. The company exceeded $4.8 billion in gross revenues in 2007. For more information, visit www.brightstarcorp.com.
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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