Bay Street News

DragonWave Announces Election of Directors

OTTAWA, CANADA–(Marketwired – June 22, 2016) – DragonWave Inc. (TSX:DWI)(NASDAQ:DRWI), a leading global supplier of packet microwave radio systems for mobile and access networks, announced today that all of management’s nominees listed in the management proxy circular of DragonWave dated May 20, 2016 were elected as directors of DragonWave to hold office until the next annual general meeting of shareholders of DragonWave or until their successors are elected or appointed.

The detailed results of the vote for the election of directors held at DragonWave’s 2016 Annual General Meeting of Shareholders on June 22, 2016 are set out below.

Name of Nominee Votes For Votes Withheld
Number of Votes Percentage of Votes Number of Votes Percentage of Votes
Peter Allen 660,506 95.27% 32,796 4.73%
Cesar Cesaratto 661,353 95.39% 31,949 4.61%
Claude Haw 658,661 95.00% 34,641 5.00%
Lori O’Neill 659,804 95.17% 33,498 4.83%

Final voting results on all matters voted at the 2016 Annual General Meeting of Shareholders have been filed with Canadian securities regulators.

About DragonWave

DragonWave® is a leading provider of high-capacity packet microwave solutions that drive next-generation IP networks. DragonWave’s carrier-grade point-to-point packet microwave systems transmit broadband voice, video and data, enabling service providers, government agencies, enterprises and other organizations to meet their increasing bandwidth requirements rapidly and affordably. The principal application of DragonWave’s products is wireless network backhaul. Additional solutions include leased line replacement, last mile fiber extension and enterprise networks. DragonWave’s corporate headquarters is located in Ottawa, Ontario, with sales locations in Europe, Asia, the Middle East and North America. For more information, visit http://www.dragonwaveinc.com.

DragonWave®, Horizon® and Avenue® are registered trademarks of DragonWave Inc.

Media Contact:
Nadine Kittle
Marketing Communications
DragonWave Inc.
nkittle@dragonwaveinc.com
613-599-9991 ext. 2262

Becky Obbema
Interprose Public Relations
(for DragonWave)
Becky.Obbema@interprosepr.com
(408) 778-2024

Investor Contact:
Peter Allen
President & CEO
DragonWave Inc.
Investor@dragonwaveinc.com
613-599-9991 ext. 2222