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Craig Wireless Announces Change to Board of Directors

^{Published on 2010-12-22 16:46:14 - Market Wire}
 

COACHELLA VALLEY, CA, Dec. 22 /CNW/ - Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) today announced that William Fraser has notified the Company of his resignation as a director, effective immediately.

"We thank Bill for his many contributions to the board of directors and to the Company" said T. Boyd Craig, the President and CEO of Craig Wireless. "He brought valuable and extensive experience to Craig Wireless and we wish him well in his future endeavors."

The Company intends to fill the vacancy created by Mr. Fraser's resignation at or before its upcoming annual general and special meeting of shareholders.

About Craig Wireless Systems Ltd.:

Craig Wireless Systems and its affiliates (collectively, the "CWS Group") offer a broad range of telecommunications services, including, broadband internet access, business connectivity solutions, hosting, security and telecommunications solutions. Through certain members of the CWS Group, Craig Wireless holds or leases licenses for spectrum in the 2.5 GHz, 2.6 GHz or 3.5 GHz bands in Riverside County in Southern California, United States and in Greece. The CWS Group also has spectrum interests in Norway and New Zealand. Spectrum in the 2.5 GHz, 2.6 GHz or 3.5 GHz bands is effective for delivery of point-to-multipoint signals, possesses robust bandwidth capability and supports emerging 4G-based applications, including portable and mobile applications.

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.