14:16:26 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



DragonWave Inc
Symbol DWI
Shares Issued 75,246,283
Close 2014-10-21 C$ 1.28
Market Cap C$ 96,315,242
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DragonWave receives follow-on order in India

2014-10-22 08:12 ET - News Release

Mr. Peter Allen reports

DRAGONWAVE RECEIVES FOLLOW ON ORDERS IN INDIA

DragonWave Inc. has received follow-on purchase orders for Horizon Compact+ from a major Indian telecom and broadband service provider.

"We are pleased to have received additional orders from this key Indian customer to further build out their 4G network," said DragonWave president and chief executive officer Peter Allen. "India is a very important market, and our solutions are ideally placed to deliver cost-effective capacity for operators who are modernizing their networks to deliver 4G services."

DragonWave Horizon Compact+ uniquely offers a combination of 2048 QAM modulation, together with the industry's only bandwidth accelerator bulk compression capability, to deliver unsurpassed spectral efficiency. After extensive customer testing of DragonWave's Horizon Compact+ it was determined that it was an excellent fit to build a high-capacity backbone to support a leading 4G network.

We seek Safe Harbor.

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