Telecom Lead America: Wireless
broadband network equipment provider DragonWave will expand its portfolio
with the acquired new products from Nokia Siemens Networks microwave transport
business.

The new products acquired from Nokia Siemens Networks would
be marketed under the names Harmony Radio, Harmony First Mile 200, Harmony Hub
800 and Harmony Trunk.

Under the terms of the amended agreement, DragonWave will
continue the support and development of these products, which will also be sold
via Nokia Siemens Networks under the FlexiPacket brand through its existing
channels as part of its end-to-end mobile broadband solution set.

“The addition of these new products to our portfolio
will significantly expand our product offering and allow us to provide
optimized solutions for any network evolution. We remain committed not only to
our vision for pure packet networks, but also to enabling a smooth transition
from today’s networks to the networks of tomorrow,” said Greg Friesen,
vice president of Product Management.

The Harmony Radio, Harmony First Mile 200 and Harmony Hub
800 products provide a very flexible solution for hybrid TDM and Packet
requirements.

“The Nokia Siemens Networks deal will significantly
boost DragonWave’s resources, bringing an expanded product portfolio,
additional sales support and access to a much broader customer base,” said
Emmy Johnson, Founder & Principal Analyst, Sky Light Research.

DragonWave expands its Horizon Portfolio

Recently, DragonWave expanded its portfolio to deliver
broader frequency coverage and extended application support.

DragonWave added the Horizon S-Series, a sub-6 GHz radio
suited for non-line-of-sight applications such as those required for public
safety and state and local governments, as well as certain microcellular
backhaul applications to its portfolio.

DragonWave’s fourth quarter revenue decreased 39
percent to $9.2 million. Net loss fell to $13.4 million for the fourth quarter
from $18.9 million a year earlier.

Revenue from customers in North America almost halved to
$4.8 million.

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