|
DRAGONWAVE INC. PROVIDES FY2010 ANNUAL REVENUE UPDATE AND SETS DATE FOR RELEASE OF FY2010 SECOND QUARTER RESULTS
Raising FY2010 Annual Revenue Guidance by 20% to $120M
|
9/9/2009 - Ottawa, Canada
|
|
DragonWave Inc. (TSX: DWI), a leading global supplier of packet microwave radio systems for mobile and access networks, today announced that it will release its fiscal 2010 second quarter results on October 8, 2009 after the market closes in North America. The company will discuss the results on a conference call October 9, 2009 at 8:30 a.m. Eastern time. Presentation material and a webcast link will be made available from the Investor Relations portal of DragonWave’s web site at http://www.dragonwaveinc.com/ir-events.asp
Conference Call Details:
o Beginning at 8:30 a.m., EDT
o Local call: 613-212-0152
o Toll free North America: 1-888-205-4499
o Toll free United Kingdom: 00-800-8358-7000
o Participant Pass Code: 37041#
A replay of the call will be made available on the DragonWave Inc. web site, through the Investor Relations portal.
DragonWave also announced today that it has updated its previously issued annual revenue guidance for FY2010. Peter Allen, CEO of DragonWave, said “As we move through the financial close and review process for Q2 we now expect our revenue for the full year FY2010 to exceed $120M. This is an increase of $20M from previous indications by the company and is a result of continued strong business activity.”
All currency amounts in this news release are denominated in Canadian dollars.
DragonWave Incorporated
DragonWave® is a leading provider of high-capacity packet microwave solutions that drive next-generation IP networks. DragonWave’s carrier-grade point-to-point packet microwave systems transmit broadband voice, video and data, enabling service providers, government agencies, enterprises and other organizations to meet their increasing bandwidth requirements rapidly and affordably. The principal application of DragonWave’s products is wireless network backhaul. Additional solutions include leased line replacement, last mile fiber extension and enterprise networks. DragonWave’s corporate headquarters is located in Ottawa, Ontario, with sales locations in Europe, Asia, the Middle East and North America.
DragonWave® and Horizon® are registered trademarks of DragonWave Inc.
The company's Web site is http://www.dragonwaveinc.com.
|
