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DragonWave Inc. Announces Date for Release of FY2010 Third Quarter Results

OTTAWA, CANADA--(Marketwire - Dec. 14, 2009) - DragonWave Inc. (TSX:DWI)(NASDAQ:DRWI) a leading global supplier of packet microwave radio systems for mobile and access networks, today announced that it will release its fiscal 2010 third quarter results on January 7, 2010 after the market closes in North America. The company will discuss the results on a conference call January 8, 2010 at 8:30 a.m. Eastern Time. Presentation material and a webcast link will be available at [ http://www.dragonwaveinc.com/irevents.asp ]

Conference Call Details:

- Beginning at 8:30 a.m., EST
- Local call: 613-212-0152
- Toll free North America: 1-888-205-4499
- Toll free United Kingdom: 00-800-8358-7000
- Participant Pass Code: 34594#

A replay of the call will be available on the DragonWave Inc. web site, through the Investor Relations portal.

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, the Middle East and North America. For more information, visit [ http://www.dragonwaveinc.com ].

DragonWave^® and Horizon^® are registered trademarks of DragonWave Inc.