Vecima Hires CFO, 'YourLink' PrezVecima Hires CFO, 'YourLink' Prez

VICTORIA, British Columbia -- Dr. Surinder Kumar, Chairman and Chief Executive Officer of Vecima Networks Inc. ("Vecima" or "the Company") (TSX:VCM), the Last Mile Solution(R) for broadband wired and wireless networks, is pleased to announce the appointment of Mr. John Hanna to Chief Financial Officer and the appointment of Vecima's former CFO, Mr. Mike Barry, to President of YourLink, Vecima's wholly owned wireless internet service provision company.

In his new role, Mr. Barry will be responsible for managing YourLink's extensive wireless operations in Saskatchewan and eight cable companies in British Columbia. Founded in 2003, YourLink uses Vecima equipment to deliver wireless internet and cable television services to over 18,000 subscribers in Western Canada. In the first nine months of Vecima's 2010 fiscal year, YourLink grew by 13% to account for CND $9.1 million, or 11% of total sales, compared to $8.0 million, or 9% of sales, in the same period a year earlier. Vecima's believes YourLink has significant growth potential and Mr. Barry's role will be to realize this potential as well as manage and monetize other strategic assets such as Vecima's wireless spectrum holdings.

"Mike has been a valued and dedicated member of Vecima's executive team since joining the Company in 2000 and contributed vitally to such major milestones as the Company's Initial Public Offering in 2005," said Dr. Kumar. "With his deep understanding of our YourLink and Vecima's strategic assets, Mike is ideal for his new role."

Vecima Networks Inc. (Toronto: VCM)