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

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To: Shumway who wrote (797)3/12/1999 7:57:00 AM
From: Shumway  Read Replies (1) of 1848
 
NEWS: 1st. commercial internet access service launched using NCL135
WaveRider's ISP JetStream Launches Wireless Internet Service -

TORONTO--(BUSINESS WIRE)--March 12, 1999--WaveRider Communications Inc. (OTC Bulletin Board:WAVC - news),
a leading global provider of wireless Internet products, has announced the launch of the first commercial wireless Internet service
using the company's NCL135 wireless bridge/router.

JetStream Internet Services is now offering high speed Internet access in the community of Salmon Arm, British Columbia. This new service is aimed at satisfying the
needs of businesses looking for higher speed Internet access. Coupled with unlimited Internet access to multiple users, the service includes a virtual corporate
website and 30 e-mail accounts for a monthly cost of $299.

''Our new high speed service provides us with a very competitive product offering in the Internet access marketplace said Tim Zboyovsky, JetStream's General
Manager. Running at speeds up to 100 times faster than dialup access services this service provides ISP's with an opportunity to offer higher speed services without
having to involve the telephone company in the delivery of those services.

Charles Brown, WaveRider's VP Marketing added that ''JetStream's business model in providing this service is applicable to all ISPs. We've seen growing interest
in our NCL135 amongst the ISP business community and believe that this application will help fuel product sales.'' Brown went on to say that it seemed fitting that
WaveRider's first NCL based service should be in Salmon Arm where the company was founded and had its first sales.

The NCL135 is a high-capacity wireless bridge integrating proven technologies into a single, self-contained enclosure. The NCL135 is WaveRider's first product
and provides wireless high-speed 2.4GHz connections between Local Area Networks (LAN) and the Internet as well as LAN to LAN connectivity to the Internet.

About WaveRider Communications Inc.

Founded in 1997 and headquartered in Toronto, WaveRider is a leading wireless technology company that develops, manufactures and markets products for data
communications and Wireless Internet Networking (WIN). WaveRider's high performance products use frequency hopping, spread spectrum technology coupled
with time division multiple access techniques and operate in the license-free 900MHz and 2.4GHz ISM frequency bands. JetStream Internet Services is a wholly
owned subsidiary of WaveRider.

Visit our Web Site: www.waverider.com or email us at info@waverider.com

Contact:

For Investor Relations call: (888) 533-1910
WaveRider Corporate Communications
Michelle Fowler
(416) 502-3204
(mfowler@waverider.com)
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