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

To: Shumway who wrote (876)	4/21/1999 8:10:00 AM
From: Shumway	Read Replies (2) \| Respond to 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