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

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To: Fred Mussler who wrote (810)3/18/1999 8:58:00 AM
From: Millshare  Read Replies (1) of 1848
 
WAVC -- news

hursday March 18, 8:08 am Eastern Time

Company Press Release

WaveRider Signs VAR Agreement for Mexico; Sakbel Purchases VAR
Starter Kit

TORONTO, ONTARIO--WaveRider Communications Inc. (OTC BB: WAVC), a leading global provider of wireless Internet products, have signed a VAR
agreement with Sakbel S.A. de C.V. of Mexico City, Mexico. Sakbel has also a placed an initial order with WaveRide r for five NCL135 wireless IP routers.

Sakbel will be working with WaveRider to obtain regulatory approvals for the NCL135 in Mexico. Prior to obtaining approvals, the initial NCL135's will be
deployed in various pilot networks as Sakbel prepares to market the NCL135 to customers throughout Mexico. They will be using the NCL135 for wireless
Internet access and corporate LAN-to-LAN connectivity applications.

''Sakbel is an excellent example of the success of WaveRider's innovative sales program which is designed to attract market leading VAR's,'' says WaveRider's
director of International Sales Mike Orloff. ''Sakbel's knowledge of the Mexican telecommunication s industry and Internet market, combined with their expertise
as a systems integrator, provides WaveRider with a strong position in the Mexican market.''

As part of the VAR agreement, Sakbel recently participated in a training seminar held at WaveRider's Toronto facility. The seminar provided background on
wireless systems, equipment and customer requirements and included information on design, installat ion, configuration and support of a NCL135 network. The
training seminar is part of WaveRider's program to build effective distribution channels that offer complete customer support for its products and wireless solutions.

The NCL135 is a high-capacity wireless IP router 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 t he Internet as well as LAN-to-LAN connectivity.

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 f requency hopping, spread spectrum technology coupled
with time division multiple access techniques and operate in the license-free 900MHz and 2.4GHz ISM frequency bands.

Contact:

WaveRider Communications Inc.
Investor Relations
1-888-533-1910
or
WaveRider Communications Inc.
Michelle Fowler
Corporate Communications
(416) 502-3204
Website: www.waverider.com
E-mail: info@waverider.com or mfowler@waverider.com

More Quotes and News:
Waverider Communications Inc (OTC BB:WAVC - news)
Related News Categories: networking, telecom
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