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DragonWave, WireIE Announce Supply Agreement

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DragonWave Inc., (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 Solutionsa (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.

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