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DragonWave Goes Remote

November 27, 2012 | Post a comment
   
 
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OTTAWA -- DragonWave Inc., (TSX: DWI; NASDAQ: DRWI) a leading global supplier of packet microwave radios, today announced it has signed a new contract with its existing customer WireIE valued at approximately $1 million in the first year. WireIE is a growing Canadian wholesale network operator that has been deploying DragonWave equipment since its inception to bring Carrier-grade Ethernet services to rural and remote locations. By providing corporate customers robust connectivity that delivers real-time data transfer throughout their corporate ecosystem, WireIE is experiencing significant growth of its Transparent Ethernet Solutions (TES) in rugged environments and is now expanding its opportunities to deliver Carrier-grade Ethernet to remote locations throughout Canada and the Americas. The company’s TES networks also serves government, financial, oil and gas, utilities and other enterprise markets by transporting data real-time over a high-availability, high-bandwidth, secure backbone with performance guarantees.

“Our team has a great deal of positive experience working with DragonWave, as the company has been our supplier since we first launched WireIE,” said Rob Barlow, President & CEO. “Our solution for bringing Carrier Ethernet to remote areas is unique because it demands equipment that can perform reliably in the harshest of outdoor conditions. Our extensive positive experience with DragonWave microwave equipment has allowed us to establish service level agreement contracts that commit us to high performance standards with our customers. This was a key factor in our decision to continue to partner with DragonWave for high-capacity packet microwave radios as the foundation for delivering our services.”

DragonWave Inc. (AIM/Toronto: DWI; Nasdaq: DRWI)

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