WaveRider Communications' Last Mile Solution Receives FCC Approval

Business Wire, March 2, 2000

Business Editors

TORONTO--(BUSINESS WIRE)--March 2, 2000

(OTC Bulletin Board:WAVC)

LMS2000 Radio Units Now Certified

WaveRider Communications Inc. (OTC BB:WAVC), a global provider of fixed wireless Internet access products, has received Federal Communications Commission (FCC) approval for the radio systems in its LMS2000 fixed wireless Internet access system.

"This approval of the LMS2000 radio systems is significant for WaveRider as this product represents the first wide scale commercial offering in our Last Mile Solution(R) product family," says WaveRider's president/CEO Bruce Sinclair. "The LMS product family provides network operators, such as Local Exchange Carriers and Internet Service Providers with a cost effective, highly scalable wireless Internet network upon which they can offer Internet services for both business customers and consumers. With the LMS2000, these network operators will be able to provide high-speed wireless Internet access at speeds up to 11 Mbps."

"WaveRider's FCC approval has come at a time of extraordinary growth for high-speed Internet data communications." adds Sinclair. "Obtaining FCC certification ensures WaveRider will be able to aggressively market the LMS family of products in the United States and other countries requiring FCC approvals."

About WaveRider Communications Inc.

WaveRider Communications, Inc. (www.waverider.com) is a global provider of fixed wireless Internet access products. The company designs, develops and markets products for Wireless Internet Networking (WIN) data communications. WaveRider's high performance products use frequency hopping and direct sequence spread spectrum technology coupled with time division duplex radios and operate in the license-free 900 MHz and 2.4 GHz ISM frequency bands. WaveRider's LMS (Last Mile Solution(R)) Product Family offers high-speed connections to the Internet for business and residential customers. NCL Series Wireless Bridges and Routers provide the wireless connection between single or multiple computer networks. Integrated network management features ensure data is quickly forwarded to its intended destination based on network conditions. WaveRider is a fully reporting issuer traded on the NASD-OTC BB, under the symbol WAVC.