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WaveRider adds new integrated outdoor modem to its Last Mile Solution® family

EUM3006 offers the most flexible and cost-effective solution for 900MHz system deployments; smart-diversity antenna enhances performance

(EMAILWIRE.COM, January 12, 2005 ) TORONTO – WaveRider Communications Inc. (OTC BB: WAVR), the leader in non-line-of-sight wireless broadband technology and deployments, today announced the addition of the EUM3006, an integrated outdoor modem for its 900 MHz Last Mile Solution® (LMS) product family. The new modem enables WaveRider operators to expand their service areas, reach even more subscribers, and enjoy greater flexibility in customer deployments.

The EUM 3006 is an integrated outdoor modem which combines WaveRider’s award winning non-line-of-sight modem technology, and a high-gain smart-diversity antenna designed specifically for outdoor deployments in a weatherproof package. The EUM3006 delivers higher RF power for greater signal strength and features easy installation through the use of a hand-held portable alignment tool. The EUM3006 is equipped with industry standard 802.3af Power over Ethernet (PoE). The new product also includes a simple set-up menu, which can enable subscribers to self-install their EUM3006 modems.

“With the addition of the EUM3006, WaveRider’s LMS family now offers more flexibility for customer installations than other 900 MHz broadband wireless systems,” said Charles Brown, Executive Vice President, WaveRider Communications Inc. “Operators can now perform outdoor installations of WaveRider’s non-line-of-sight equipment as easily as the indoor installations on which they have built successful business models.”

WaveRider’s EUM3006 is ideal for longer range deployments and in areas where there are severe barriers to line-of-sight wireless connections. The EUM3006 can be operated on the same base stations as WaveRider’s EUM3004 wireless modem and indoor antennas, enabling operators to reach new customers without having to invest in additional infrastructure or base stations.

“Many of our customers, including telecommunications and utility companies, internet service providers and municipal governments, have developed large subscriber bases using WaveRider’s non-line-of-sight equipment,” said Brown. “The introduction of our EUM3006 integrated outdoor unit will enable them to reach new customers and continue to grow their business.”

“We believe our customers will be pleased with the performance of our EUM3006. The smart -diversity antenna and the higher RF transmit power, permitted under the FCC’s new regulations, will improve signal quality for longer range deployments,” said Rod Cronin, Director, Customer and Technical Support, WaveRider Communications Inc.

Smart-Diversity Antenna
The EUM3006 integrated outdoor modem uses WaveRider’s smart-diversity antenna, which improves the signal quality for longer range installations by reducing the signal fade caused by multipath. The smart-diversity antenna can operate in either vertical or horizontal polarization mode and will automatically select the best polarization to use on a packet-by-packet basis.

WaveRider will showcase its EUM3006 integrated outdoor modem at the Wireless Communications Association’s 11th Annual International Symposium and Business Expo at the Fairmont Hotel in San Jose, California from January 12 to 14, 2005.

Last Mile Solution® system flexibility
WaveRider’s LMS family offers network operators a high level of flexibility for the deployment and management of their networks compared to other 900 MHz systems. In September, 2004, WaveRider introduced “Open Access Networking” capabilities to its LMS family, which enables operators of WaveRider networks to give other service providers access to their networks to re-sell broadband services in their markets.

“As the wireless broadband market grows, network operators require more choice in the deployment and management of their networks. We believe that, with the addition of the EUM3006, our recently launched “Open Access Networking” capabilities and the non-line-of-sight capabilities of our products, WaveRider offers operators the flexibility they need to reach their goals,” added Brown.

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, and product performance which enables broadband connections through buildings, tree canopies and other line-of-sight barriers. WaveRider’s LMS systems have been deployed by more than 275 wireless broadband service providers in the United States, Canada, the Caribbean and Latin America. WaveRider’s customers have now made wireless broadband service accessible to hundreds of thousands of potential subscribers.

About WaveRider Communications Inc.
WaveRider Communications Inc. (www.waverider.com) is a leader in broadband wireless deployments and technologies. WaveRider’s Last Mile Solution® non-line-of-sight 900 MHz networks enable communications providers to establish full-saturation coverage networks and generate a rapid return on their investment. WaveRider is committed to the development of standards-based wireless technologies that support advanced applications and address the needs of both the North American and International markets. WaveRider is traded on the OTC Bulletin Board, under the symbol WAVR.

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WaveRider Corporate Communications:
Marcia Newell
416.502.3265 (corpcomm@waverider.com)

Except for the historical statements made herein, this release contains forward-looking statements that involve risks and uncertainties including the risks associated with the effect of changing economic conditions, trends in the development of the Internet as a commercial medium, market acceptance risks, realizing expected revenue, technological development risks, and seasonality. Risk factors also include the company’s ability to secure additional financing; the company’s ability to commercialize its products; the company’s ability to compete successfully in the future against existing or new competitors; the company’s ability to protect its intellectual property and the assurance that the rights granted under patents or copyrights that may be issued will provide sufficient protection to its intellectual property rights; the company’s success in enhancing existing products and developing new products to keep up with the technological advances in the data communications industry; the continued availability of the license-exempt spectrum which is based on regulation by U.S. and foreign governments; the company’s ability to avoid significant product liability exposure; the company’s dependence on a limited number of third party manufacturers; the company’s ability to execute its business plan and generate an overall profit and other risk factors detailed in the Company's filings with the Securities and Exchange Commission, including the company’s annual report on Form 10-KSB as amended. Due to these factors, actual results could differ materially from those expressed in forward looking statements by the company.


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WaveRider
Marcia Newell
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