DragonWave Inc. Announces $4.35 Million Registered Direct Offering

DragonWave Inc. Announces $4.35 Million Registered Direct Offering

OTTAWA, CANADA — (Marketwired) — 04/07/16 — DragonWave Inc. (TSX: DWI)(NASDAQ: DRWI) a leading global supplier of packet microwave radio systems, today announced it is raising approximately US$4.35 million in gross proceeds in a registered direct offering and a concurrent private placement to institutional investors in the United States.The Company is selling approximately 600,000 Common Shares in the registered direct offering. Concurrently in a private placement, the Company is issuing wa

Public Utility Challenge Launches Innovate Phones; Global Payphone Rejuvenation Challenge

NEW YORK, NY — (Marketwired) — 04/07/16 — The , an organization determined to engage public space innovation, has launched the . The project is calling on all Innovators and Inventors to re-imagine and re-invigorate the traditional street payphone by combining smart city technologies with bespoke design. By changing the traditional telephonic functions of payphones to be more "tech friendly", contestants have the opportunity to make smart, healthy, safe, and accessible cities for t

Promise Technology Strengthening Presence in Kuwait Through Certified Video Surveillance Training Courses

KUWAIT CITY, KUWAIT — (Marketwired) — 04/07/16 — Kuwait was rocked on June 26th, 2015 when a bomb tore through a local Shia mosque claiming the lives 27 people while injuring another 227. The tragic event led the Kuwait Ministry of the Interior (MOI) to adopt more stringent regulations regarding video surveillance in the country as part of an attempt to thwart future attacks and to protect its citizens, including a mandatory retention time of at least 120 days. The bombing along with expandi