DragonWave (DRWI) Increases Q1 2015 Growth Expectations

DragonWave Inc. (NASDAQ: DRWI) a leading global supplier of packet microwave radio systems for mobile and access networks, announced today revised revenue expectations for its first quarter fiscal year 2015. DragonWave now expects revenue to show growth of approximately 60% over the revenue achieved in Q4 FY14. These revised revenue expectations are preliminary, have not been reviewed by DragonWave's external auditors, and are subject to completion of customary quarterly closing and internal and external review procedures. Revenue in this release is determined in accordance with U.S. generally accepted accounting principles.

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