WaveRider Communications Inc.: St. Maarten Telephone Company Launches Advanced Wireless Internet Services.

Business Editors/High-Tech Writers

TORONTO, Ontario--(BUSINESS WIRE)--Oct. 9, 2003

Non-Line-of-Sight Wireless Solution from WaveRider Makes

Broadband Services Accessible to All,

With Faster Set-up Times and Affordable Connections

WaveRider Communications Inc. (OTCBB:WAVC), the leader in non-line-of-sight wireless broadband technology and deployments, today announced its Last Mile Solution(R)(LMS) has been deployed by TelEm, part of the St. Maarten Telephone Company, to deliver high-speed Internet access to homes and businesses in Dutch St. Maarten. The service will be launched in Phillipsburg this week, and will quickly expand to serve subscribers throughout the region.

With WaveRider's Last Mile Solution(R) system, TelEm's wireless network can deliver broadband services to subscribers in all areas, even those with heavy tree coverage, since the network does not require a clear sight-line between the company's antennas and the subscribers' sites. The WaveRider modem and indoor antenna can be easily installed by subscribers, which makes it faster and more cost-effective to connect new users to the network.

"TelEm is investing in significant upgrades to the entire telecommunications infrastructure throughout St. Maarten that will give our businesses and residents access to the most advanced communications technologies," said Dennis Richardson, President and Director, St. Maarten Telephone Company. "Our new wireless broadband service is an important part of this initiative. We have now deployed the only wireless system available that can provide the level of service our constituents need."

TelEm is working with UniiGo Communications to upgrade the entire telecommunications infrastructure on the island, including the deployment of its wireless broadband network. UniiGo specializes in the planning, engineering and installation of telecommunications solutions and has deployed WaveRider's LMS systems in several cities in North America.

The first phase of the wireless broadband roll-out includes five base stations surrounding Phillipsburg, Cole Bay, Simpson Bay, Maho Bay and other business and residential areas, which have the combined capacity to serve more than 5,000 subscribers. When complete, the wireless network will make broadband service accessible throughout the island. The company's wireless service will be offered via Telnet Communications Inc., the Internet Service Provider managed by TelEm.

Non-line-of-sight advantages

"The Internet services that have been available on the island to date were simply not adequate to suit the needs of businesses or individual Internet users," said Jeffrey DeLacombe, Deputy Director of Commercial Affairs, TelEm. "As we roll out our WaveRider non-line-of-sight wireless network, all of Dutch St. Maarten will have access to fast, reliable, affordable broadband services."

"WaveRider's Last Mile Solution products enable us to connect subscribers throughout entire communities. Other wireless systems are limited by the need for a direct line-of-sight between the base station and the subscribers' sites," said Dudley Freeman, President and founder of U.S.-based UniiGo Communications. "In areas like St. Maarten that have varying elevations and beautiful tree coverage, line-of-sight connections are either not possible or not desirable because they would require large antennas at each subscriber site throughout the area. The WaveRider system provides the non-line-of-sight connections needed in St. Maarten, with the speed and reliability that business and residential subscribers demand, and without large antennas that can interfere with the enjoyment of the landscape."

UniiGo joined WaveRider's channel program in 2003 and is working with several companies in North America, the Caribbean and Latin America to plan future wireless networks for broadband deployments.

"By working with companies like UniiGo, WaveRider has increased its exposure in the marketplace, and gained access to large telecommunications providers like St. Maarten Telephone Company that have the long-term vision and expertise to successfully deploy large-scale wireless networks," said Charles Brown, Executive Vice President, WaveRider Communications.

The world leader in fixed wireless Non-Line-of-Sight Technology

WaveRider's Last Mile Solution(R) (LMS) 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 non-line-of-sight category by its user-installed indoor antenna, which enables broadband connections through buildings, tree canopies and other line-of-sight barriers.

WaveRider's NLOS system delivers up to 2.0 Mbps throughput at a range of up to two miles, in non-line-of-sight conditions, with WaveRider's indoor antennas. For installations using outdoor antennas, WaveRider's NLOS products delivers throughput speeds of 2.0 Mbps at a range of up to five miles, in non-line-of-sight conditions, and up to eight miles when there is a line-of-sight connection between the base station and subscriber antennas.

The Last Mile Solution(R) systems also include WaveRider's proprietary Dynamic Polling MAC and grade of service controls, which enable operators to easily manage their networks and deliver broadband services to hundreds of subscribers using a single base station unit.

WaveRider's LMS systems have been deployed by service providers in more than 90 per cent of the U.S. states. WaveRider's customers have now made wireless broadband service accessible to millions of potential subscribers across North America, Latin America and the Caribbean.

About St. Maarten Telephone Company

St. Maarten Telephone Group of companies consists of an Incumbent Local Exchange Carrier, a Mobile Service Provider and an Internet Service Provider. The St. Maarten Telephone Group of Companies is a government-owned company with the Island Government of St. Maarten as sole shareholder. TelEm, as the company is known locally, has been providing telephone services to the island of St. Maarten for 26 years. Associated company TelNet has been providing Internet and data services since 1995.

About UniiGo Communications

Founded in 1999, UniiGo provides wireless network planning, engineering and installation services to telecommunications companies throughout the United States and Caribbean. UniiGo's custom broadband connectivity solutions include high-speed Internet access, virtual private networks, voice over Internet protocol (VOIP), secure links for campuses, branch offices, remote locations, and multi-tenant buildings. UniiGo's management team has more than 100 years of combined experience in engineering and servicing wireless networks.

About WaveRider Communications Inc.

WaveRider Communications Inc. (www.waverider.com) is a leading global provider of fixed wireless Internet access products. WaveRider's Last Mile Solution(R) product family includes its non-line-of-sight 900 MHz wireless system that connects businesses and residential subscribers to the Internet. WaveRider's NCL Series provides high-speed wireless connections between single or multiple computer networks using the 2.4 GHz band and 900 MHz bands. WaveRider is traded on the OTC Bulletin Board, under the symbol WAVC.

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-K as amended. Due to these factors, actual results could differ materially from those expressed in forward looking statements by the company.