DragonWave Inc DRWIQ

DragonWave Announces Significant Traction

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October 26, 2016 08:30 ET DragonWave Announces Significant Traction with Recenlty Launched Harmony Enhanced MC Product First major orders for Enhanced MC support a Tier 1 operator, enterprise and distribution channels OTTAWA, CANADA--(Marketwired - Oct. 26, 2016) - DragonWave Inc. (TSX:DWI)(NASDAQ:DRWI) a global supplier of packet microwave radio systems, today announced it has completed more than 10 successful trials with Harmony Enhanced MC, successfully operating at double the capacity of a traditional microwave system, while enabling smaller antennas. These trials have resulted in multiple order activity and demand from 8 customers that include a Tier 1 carrier, enterprise end-users and distributors. First production shipments of the Harmony Enhanced MC will occur this fiscal quarter (Q3FY17), and will continue to ramp up through the 4th fiscal quarter. DragonWave's Harmony Enhanced MC product leads the market with the combination of its dual channel capability and industry leading system gain, as well as its advanced network security capabilities. The Harmony Enhanced MC offers multi-gigabit backhaul capacities, allowing the scalability of LTE network, and providing the backbone for future 5G deployments. The industry leading system gain significantly improves total cost of ownership by enabling reduced antenna sizes. Field trials accomplished throughput rates of over 2 Gb/s in a single radio. Harmony Enhanced Multi-Channel provides operators with deployment flexibility to use smaller antennas, minimizing load on mounting structures, and enabling future network scalability. In a field deployment of Harmony Enhanced Multi-Channel, DragonWave has demonstrated how the radio's gain can support a 50 Km link with only a 2' (.6M) antenna. "DragonWave is pleased with the rapid adoption our industry leading Harmony Enhanced MC platform" said Greg Friesen, Vice President, Product Management, DragonWave. "Harmony Enhanced MC addresses major operator hurdles by providing a doubling in capacity, while significantly reducing total cost of ownership through a reduction in antenna size. This capability allows operators to scale LTE networks and prepare for the launch of 5G deployments"