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Microcap & Penny Stocks : WaveRider WAVC NASDAQ ISP Wide Area Wireless Internet

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To: Ron Everest who started this subject5/3/2001 2:38:49 PM
From: Chisy   of 1848
 
Great News:
WaveRider Introduces High Performance NCL1170 Wireless Bridge/Router

TORONTO, ONTARIO, MAY 3, 2001 (CCN Newswire via COMTEX) -- Proprietary
WaveRider Technology Offers Transmit Power Of 25 Decibels And Eliminates The
Need For External Amplifiers

WaveRider Communications Inc. (NASDAQ: WAVC), a global provider of fixed
wireless Internet access products, today launched its NCL1170, the latest
advancement in the WaveRider NCL wireless bridge/router family. The NCL1170
enables Internet Service Providers, carriers and organizations to establish a
network of high-speed communication links between multiple points and to form
the basis to build out larger, more advance networks.

The NCL1170 delivers data throughput speeds up to 8 megabits per second (Mbps)
with over-the-air data transfer rates of 11 Mbps. It is the first 11 Mbps
wireless bridge/router to offer transmit power up to +25 dBm (decibels), which
eliminates the need for external amplifiers.

"The NCL1170 offers excellent radio performance, enabling high-speed data
transfer to more points over greater distances," said Charles Brown, Vice
President, Sales and Marketing, WaveRider Communications Inc.

WaveRider's NCL1170 received Industry Canada approval in February 2001 and was
granted Federal Communications Commission (FCC) approval in March. WaveRider
will submit the new product for Ministry of Information Industry (MII) approval
in China this month.

NCL1170 Product Features

The NCL1170 enables reliable broadband connections between two or more corporate
computer networks, outlying offices, and the Internet. The NCL1170 uses Direct
Sequence Spread Spectrum (DSSS) technology and operates in the license-exempt
2.4 GHz band.

The +25 dBm transmit power offered by the NCL1170 eliminates the need for
expensive external amplifiers. Traditionally, users would deploy amplifiers to
increase the range of their wireless bridge/router signal, which typically
introduce noises and signal compression that can actually degrade the radio
performance.

The high performance radio enables the NCL1170 to support wireless
communications to 30 stations each at distances up to 10-miles. Under FCC
regulations, a single NCL1170 can provide coverage for a service area of more
than 150 square miles using an omnidirectional antenna.

Easy network upgrades

"The NCL1170 is a cost-effective business solution for any sized company," said
Brown. "Service providers can introduce wireless connectivity to a small number
of commercial customers, and easily upgrade to a more sophisticated network that
includes advanced network management features without having to replace the
original NCL1170 equipment at the customer site."

With a simple software upgrade, performed remotely from the operator's site, the
NCL1170 can be converted to an end-user modem that is compatible with
WaveRider's Last Mile Solution(R) (LMS) family of products. This feature enables
operators to expand or upgrade their wireless networks to WaveRider's LMS
advanced network-managed systems, protecting the operator's initial investment
in its NCL1170 network.

About WaveRider Communications Inc.

WaveRider Communications, Inc. (www.waverider.com) is a leading wireless
information technology company that develops, manufactures and markets products
for data communications and Wireless Internet Networking (WIN). WaveRider's high
performance products use direct sequence spread spectrum technology coupled with
time division duplexing techniques. NCL Series Wireless Bridges and Routers
provide the wireless connection between single or multiple computer networks.
WaveRider is traded on the NASDAQ National Market, under the symbol WAVC. For
more information, visit waverider.com.

This release contains forward-looking statements that involve risks and
uncertainties, including the risks associated with the effect of changing
economic conditions, trends in the development of the Internet as a commercial
medium, market acceptance risks, technological development risks, seasonality
and other risk factors detailed in the Company's filings with the Securities and
Exchange Commission.

CONTACT: WaveRider Communications Inc.
Carolyn Anderson
Media Relations
(416) 502-2978
canderson@waverider.com
or
WaveRider Communications Inc.
Hugo Idler
Investor Relations
(416) 502-3265
hugoidler@waverider.com
Visit our Web Site: www.waverider.com
or
GCI Group for WaveRider
Kim Evans
(415) 974-7237
kevans@gcigroup.com
or
GCI Group for WaveRider
Don Blair
(416) 486-5910
dblair@gcigroup.com

Copyright (C) 2001, Canadian Corporate News. All rights reserved.

NEWS RELEASE TRANSMITTED BY CCN NEWSWIRE - A SERVICE OF ITG
-0-

INDUSTRY KEYWORD: CMT - Communications Technology
SUBJECT CODE: PDT - NEW PRODUCTS/SERVICES
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