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Bullboard - Stock Discussion Forum DragonWave Inc DRWIQ

DragonWave Inc is a Canadian company which provides high-capacity packet microwave solutions that drive next-generation IP (Internet Protocol) networks. It operates through the single segment being Broadband wireless backhaul equipment which includes embedded software. The company's product line includes Harmony, Horizon, Avenue, and NetViewer. The company operates its business in Canada... see more

OTCPK:DRWIQ - Post Discussion

DragonWave Inc > DragonWave Announces Distribution Partnership with Ingram Mi
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Post by Bigpaulbunyon on Mar 13, 2017 7:28pm

DragonWave Announces Distribution Partnership with Ingram Mi

13 Mar 2017 21:00 ET
 
Marketwire Canada

DragonWave's high-capacity Harmony Enhanced solutions now supplied by Ingram Micro for telecommunications, municipalities, and mining projects

OTTAWA, ONTARIO--(Marketwired - March 13, 2017) - DragonWave Inc. (TSX:DWI)(NASDAQ:DRWI), a leading global supplier of packet microwave radio systems for mobile and access networks, today announced it has signed a new Master Sales and Services Agreement with Ingram Micro Australia. The agreement between the two companies will see Ingram Micro expand its wireless vendor portfolio to the Australian channel with the introduction of DragonWave's extensive product portfolio. The new partnership complements DragonWave's Harmony Care commitment to better service existing legacy customers and increases local sales capabilities across the region.

"This new agreement with DragonWave allows us to offer more turnkey network solutions with an unmatched, high-capacity microwave solution" said Felix Wong, Ingram Micro Chief Country Executive ANZ. "We look forward to building our partnership together and offering new, innovative, high-capacity microwave solutions to the channel in Australia".

The award-winning Harmony Enhanced MC is ideally suited to provide high bandwidth rural connectivity in the most cost effective manner possible. It's dual channel capabilities and integrated compression enables the delivery of 4 to 8 Gbps in a single radio, providing fiber-equivalent capacities for rural backhaul without having to install expensive fiber connections.

"Our partnership with Ingram Micro Australia further expands our sales and support capabilities across Australia. Ingram Micro will help launch our new Harmony Enhanced MC product line into very important channel markets where wireless networks are playing an ever-increasing role to augment ongoing National Broadband Network fiber builds," said Peter Allen, DragonWave President and CEO.

About DragonWave

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. For more information, visit https://www.dragonwaveinc.com.

About Ingram Micro

Ingram Micro is the world's largest wholesale technology distributor and a global leader in IT supply-chain and mobile device lifecycle services. As a vital link in the technology value chain, Ingram Micro delivers expertise in technology solutions, mobility, cloud services, and supply chain solutions, enabling its business partners to operate efficiently and successfully in the markets they serve. The company is the only global broad-based IT distributor, serving approximately 170 countries on six continents with the world's most comprehensive portfolio of IT products and services. Ingram Micro helps businesses Realize the Promise of Technology?. For more information, please visit au.ingrammicro.com

Comment by Bigpaulbunyon on Mar 13, 2017 7:58pm
Should be a nice short squeeze in the morning , but we are still left wondering g what is happening .  I was thinking in this Q if revenues were around 15 mil and they retrieved 3-4 mill from last q , they cut costs by 25-30% could they survive another quarter , they need to raise money at higher prices . 
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