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

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To: Shumway who wrote (876)4/21/1999 8:10:00 AM
From: Shumway  Read Replies (2) of 1848
 
Good News: WaveRider Signs Canadian Distribution Agreement

Reseller Orders 100 NCL135 Wireless IP Routers

TORONTO--(BUSINESS WIRE)--April 21, 1999--WaveRider Communications Inc. (OTC BB:WAVC), a leading global provider
of wireless Internet products, has signed an authorized reseller agreement with EECOL Electric Ltd. of Calgary, Alberta, Canada.
This agreement includes a minimum commitment to purchase 100 NCL135 wireless IP routers over the next twelve months.

EECOL will warehouse the NCL135 and market WaveRider's product line to VARs and other direct customers, providing customers with access to product and
support. WaveRider will provide EECOL staff with product training and introduce EECOL to new and existing VARs in Western Canada.

''This agreement represents an excellent example of our distribution channel strategy,'' says WaveRider's vice president North American sales David Quinn. ''Our
relationship with EECOL allows us to reach VARs and other end-users across Canada through its extensive network of stocking locations and affiliates.''

''We are very excited by WaveRider's distribution model,'' adds EECOL Electric's president/COO Alf Gabert. ''WaveRider's distribution strategy and wireless network
products represent a solid partnership combining our ability to provide access to resellers and other end-users nationwide as well as expand our Data Communications
division with an excellent wireless solution.''

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 2.4 GHz connections between Local Area Networks (LAN) and the Internet as well as LAN-to-LAN connectivity.

EECOL Electric Ltd. services the data communications and electrical material supply requirements of industries from 50 locations across Western Canada and South
America.

EECOL Electric Ltd.

www.eecol.com

About WaveRider Communications Inc.

Founded in 1997, 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.

Contact:

WaveRider Communications Inc.
Investor Relations, 888/533-1910
or
WaveRider Corporate Communications
Michelle Fowler, 416/502-3204
mfowler@waverider.com
info@waverider.com
www.waverider.com
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