Form 6-K DRAGONWAVE INC For: Nov 07
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
Report Of Foreign Private Issuer
Pursuant To Rule 13a-16 Or 15d-16 Of
The Securities Exchange Act Of 1934
FOR THE MONTH OF NOVEMBER, 2016
COMMISSION FILE NUMBER: 001-34491
DRAGONWAVE INC.
(Translation of registrants name into English)
411 Legget Drive, Suite 600
Ottawa, Ontario, K2K 3C9
Canada
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
xForm 20-F oForm 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934: o Yes x No
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a
The following exhibits are issued by DragonWave Inc.:
Exhibit Number |
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Description |
99.1 |
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Press Release dated November 7, 2016 DragonWave and Tier One Argentinian Operator Partner in Network Modernization |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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DRAGONWAVE INC. | |
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(Registrant) | |
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By: |
/s/ Patrick Houston |
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Name: |
Patrick Houston |
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Title: |
Chief Financial Officer |
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Date: November 7, 2016 |
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Exhibit 99.1
FOR IMMEDIATE RELEASE
DRAGONWAVE AND TIER ONE ARGENTINIAN OPERATOR PARTNER IN NETWORK MODERNIZATION
Providing Backhaul Scalability for LTE Services and Network Expansion
Ottawa, Canada, November 7, 2016 - DragonWave Inc. (TSX: DWI; NASDAQ: DRWI) a global supplier of packet microwave radio systems, today announced the company has signed an extension to a multi-million dollar project with a Tier 1 mobile operator in Argentina together with its local partner Trans Industrias Electronicas S.A. This represents DragonWaves largest project in Argentina, a country where the company is pursuing further growth and development with its extensive portfolio offering.
The new customers legacy TDM radios are being replaced with DragonWave Harmony Trunk radios in order to provide backhaul scalability needed to support its ongoing LTE deployments. Turning up Harmony Trunk in 500 Mbps and 1 Gbps configurations enables the carrier to deliver increased high capacity data services in its mobile network today, while also establishing a solid foundation to support further expansion of its wireless network. DragonWave is working with local partner Trans Industrias Electronicas S.A. to provide an end-to-end solution that includes engineering, deployment and in-country support. The Harmony Trunk solution was selected for its high capacity, long reach, and all-indoor capabilities that suited the end customers network environments.
DragonWave was selected after determining that the Harmony Trunk solution best met the operators capacity and reach requirements, said Alfredo Eimer, CEO of Trans Industrias Electronicas S.A. Our partnership with DragonWave provides our valued customer with the local services and support they expect from their vendors so that they can continue to provide high-quality, reliable service delivery to its growing customer base.
The DragonWave Harmony Trunk is a hybrid microwave solution that enables operators to migrate from full-TDM, to Hybrid, to full-IP via a simple software configuration, and to transport TDM and IP signals natively over the air without any encapsulation or mapping.
Harmony Trunk is uniquely suited to support this key customers capacity requirements for its LTE network deployment, said Peter Allen, CEO, DragonWave. Its also rewarding to establish yet another direct relationship with a customer previously purchasing equipment through Nokia and Siemens, and is in step with our plans to directly serve our end customers by delivering and supporting next-generation DragonWave products to meet operators network growth requirements.
To learn more about DragonWave, visit us at www.dragonwaveinc.com, read our blog, and follow us on Twitter, Facebook and LinkedIn.
About DragonWave
DragonWave® is a leading provider of high-capacity packet microwave solutions that drive next-generation IP networks. DragonWaves 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 DragonWaves portfolio is wireless network backhaul, including a range of products ideally
suited to support the emergence of underlying small cell networks. Additional solutions include leased line replacement, last mile fiber extension and enterprise networks. DragonWaves 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.
Forward-Looking Statements
Certain statements in this release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include statements as to DragonWaves growth opportunities and the potential benefits of, and demand for, DragonWaves products. These statements are subject to certain assumptions, risks and uncertainties, including our view of the relative position of DragonWaves products compared to competitive offerings in the industry. Readers are cautioned not to place undue reliance on such statements. DragonWaves actual results, performance, achievements and developments may differ materially from the results, performance, achievements or developments expressed or implied by such statements. Risk factors that may cause the actual results, performance, achievements or developments of DragonWave to differ materially from the results, performance, achievements or developments expressed or implied by such statements can be found in the public documents filed by DragonWave with U.S. and Canadian securities regulatory authorities. DragonWave assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.
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