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Microcap & Penny Stocks : WaveRider WAVC NASDAQ ISP Wide Area Wireless Internet -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (1820)	4/7/2004 1:48:51 PM
From: da_cheif™	Respond to of 1848

NEWS RELEASE: WaveRider Communications Inc. (OTC Bulletin Board: WAVC) WaveRider announces new global product development strategy -- WiMAX-CertifiedTM* products, advanced non-line-of-sight technologies, and new products for expanded frequencies to drive North American and International growth -- TORONTO, April 7, 2004 – WaveRider Communications Inc. (OTC BB: WAVC), a leader in non-line-of-sight wireless broadband technology and deployments, today announced a new global product development strategy that is expected to drive the company’s continued leadership in the wireless broadband industry. WaveRider’s plan includes the development of WiMAX Certified TM products, new products for licensed and license-exempt spectrum bands, and the evolution of the company’s non-line-of-sight wireless technologies. WaveRider has also joined the WiMAX Forum (www.wimaxforum.org), which is comprised of more than 75 companies including Intel and Fujitsu, and is focused on accelerating IEEE 802.16-based wireless broadband equipment into the marketplace. “WaveRider has a strong record of combining industry standards with innovative engineering to deliver cost-effective wireless broadband products that meet the specific needs of our customers,” said Bruce Sinclair, President and Chief Executive Officer, WaveRider Communications Inc. “We believe our product development initiatives will help WaveRider to increase its share of the North and South American broadband markets and enable entry into new International markets.” WaveRider’s next generation of Last Mile Solution® (LMS) 900 MHz non-line-of-sight products will maintain the product family’s current advantages, including cost-effectiveness, reliability and user features, and will offer additional benefits to operators and users. WaveRider’s LMS is in its third generation utilizing 802.11 standards with patent-pending innovations that have improved its cost-effectiveness and performance. The company plans to evolve its LMS family from 802.11-based products to include WiMAX-CertifiedTM products. “WaveRider’s product development strategy will help the company and its customers to make the transition from the features and performance that wireless broadband equipment is offering today to the performance standards that are being promised by the WiMAX initiative in the future,” Andy Fuertes, Senior Analyst, Visant Strategies. -more- 2/… WaveRider announces new global product development strategy WaveRider also plans to capture new opportunities in markets such as Latin America, the Asia-Pacific region, Europe and Africa, with the introduction of new products for other licensed and license-exempt spectrum bands that support the delivery of broadband communications in those markets. In addition, WaveRider is continuing to develop its patent-pending MIMO smart antenna technologies to increase non-line-of-sight product performance. “WaveRider has generated substantial industry recognition and a large, loyal customer base on the strength of our customer-focused product development strategies,” said Charles Brown, Executive Vice President, WaveRider Communications Inc. “By expanding our offerings, we expect we can continue to grow by delivering the products the global broadband wireless market needs.” The world leader in fixed wireless Non-Line-of-Sight Technology WaveRider’s Last Mile SolutionÒ is the world’s first fixed wireless broadband product to deliver true non-line-of-sight Internet connections in the license-exempt spectrum. WaveRider’s LMS is distinguished in the industry by its user-installed indoor antenna, which enables broadband connections through buildings, tree canopies and other line-of-sight barriers. WaveRider’s LMS systems have been deployed by hundreds of service providers in the United States, Canada, South America, the Caribbean and other international markets. WaveRider’s customers have now made wireless broadband service accessible to hundreds of thousands of potential subscribers across the country. *“WiMAX-Certified” is a registered trademark of the WiMAX Forum. About WaveRider Communications Inc. WaveRider Communications Inc. (www.waverider.com) is a leading global provider of fixed wireless Internet access products. WaveRider’s Last Mile SolutionÒ product family includes its non-line-of-sight 900 MHz wireless system that connects businesses and residential subscribers to the Internet. WaveRider’s NCL Series provides high-speed wireless connections between single or multiple computer networks using the 2.4 GHz band and 900 MHz bands. WaveRider is traded on the OTC Bulletin Board, under the symbol WAVC. -30- WaveRider Corporate Communications: Carolyn Anderson, 416-502-2978 canderson@waverider.com WaveRider Investor Relations: 416-502-3265 investors@waverider.com