DragonWave Inc. Sets Date for Release of Fiscal Year 2009 First Quarter Results

    FOR:  DRAGONWAVE INC.

AIM, TSX SYMBOL:  DWI

June 27, 2008

DragonWave Inc. Sets Date for Release of Fiscal Year 2009 First Quarter Results

OTTAWA, ONTARIO--(Marketwire - June 27, 2008) - DragonWave Inc. (TSX:DWI)(AIM:DWI) will release its
fiscal 2009 first quarter results on July 10, 2008 after the market closes in North America.  The
company will discuss the results on a conference call July 11, 2008 at 8:30 a.m. eastern time (1:30
GMT). Presentation material and a webcast link will be made available from the Investor Relations
portal of DragonWave's web site at http://www.dragonwaveinc.com/ir-events.asp

/T/

Conference Call Details:

- Beginning at 8:30 a.m., EDT

- Toronto Dial In Number:      416-883-7132

- Toll Free Dial In Number:    1-888-205-4499

- UK Dial In Number:           00-800-8358-7000

- Participant Pass Code:       57891#

/T/

For a replay of the call, it will be made available on DragonWave Inc. web site, through the Investor
Relations portal.

About DragonWave

DragonWave(TM) is a leading provider of high-capacity wireless Ethernet equipment used in emerging IP
networks. DragonWave designs, develops, and markets carrier-grade microwave radio frequency networking
equipment that wirelessly transmit broadband voice, video and other data.  DragonWave's wireless
Ethernet products, which are based on a native Ethernet platform, function as a wireless extension to
an existing fibre-optic core telecommunications network. The principal application for DragonWave's
products is the backhaul function in a wireless communications network. Additional applications for
DragonWave's products include point-to-point transport in private networks, including municipal and
enterprise networks. DragonWave's corporate headquarters is located in Ottawa, Ontario, with sales
locations in Europe, Middle East and North America. The company's Web site is
http://www.dragonwaveinc.com



-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

DragonWave Inc.
Russell Frederick
Chief Financial Officer
613-599-9991 ext. 2253
rfrederick@dragonwaveinc.com

OR

DragonWave Inc.
Bruce Chick
Director, Investor Relations
613-599-9991 ext. 2517
bchick@dragonwaveinc.com

OR

Canaccord Adams Limited
Andrew Chubb
44 20 7050 6500


SUBJECT:   ERP


                                                                
DragonWave Inc.

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