DWI Dragonwave

    FOR:  DRAGONWAVE INC.

AIM, TSX SYMBOL:  DWI

June 23, 2008

DragonWave Inc.: Annual Report

RNS only

OTTAWA, CANADA--(Marketwire - June 23, 2008) - DragonWave Inc. ("DragonWave") (TSX:DWI)(AIM:DWI)
announces that it has published its annual accounts for the year ended February 29, 2008 and hard
copies have been posted to shareholders.

In addition, DragonWave is pleased to announce that its annual report is available on its website,
which is compliant with Rule 26 of the AIM Rules for Companies.  DragonWave's AIM Rule 26 website can
be found at www.dragonwaveinc.com/docs/corporate/aim_rule26.pdf


-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
Neil Johnson/Andrew Chubb
44 20 7050 6500

                                                                
DragonWave Inc.



                                                                

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