Sierra Wireless and Peripheral Corner Sign Distribution Agreement

Peripheral Corner to Distribute Sierra Wireless AirCard 750 to European Market

November 21, 2001

Sierra Wireless (Nasdaq:SWIR) (TSE:SW.) announced today that it has signed a distribution agreement with Peripheral Corner, a division of Fracom Components International Ltd., one of the largest independent component distributors in the United Kingdom.

Peripheral Corner will distribute the Sierra Wireless AirCard 750, a worldwide tri-band wireless PC Card operating on the GSM and GPRS networks, to the European market. Peripheral Corner has also placed a purchase order with Sierra Wireless and product will be commercially available in the first quarter of 2002.

The Sierra Wireless AirCard 750 wireless network card provides end users with seamless wireless connectivity to the Internet, e-mail, and corporate applications on the fastest GPRS network registration lines. Wireless wide area network (WAN) solutions allow companies to extend corporate applications to their mobile workforce and will be an indispensable tool for users who travel and work outside the office and require wireless access from notebooks, laptops, and Personal Data Assistants (PDAs).

"We are very pleased to have been appointed a distributor for the Sierra Wireless GPRS AirCard 750 and look forward to working with a proven market leader and innovator in the wireless industry," said Keith France, Managing Director, Peripheral Corner. "This new range of wireless data products greatly enhances our portfolio of mobile data products for wireless communication. Sierra Wireless' extensive experience in product and application development in the North American market will help drive our focus of bringing innovative mobile data products to the European market with a wide range of word wide suppliers."

"Peripheral Corner continues to demonstrate a commitment to its customers by providing leading edge wireless products, expert knowledge in the market and exceptional customer service," said Derek Evans, Vice President, European Distribution, Sierra Wireless. "We are delighted with this agreement as it increases our global reach through Peripheral Corners extensive range of resellers and system integrators in the European market. This agreement supports Sierra Wireless' global wireless initiatives as we continue to satisfy a growing market demand for wireless solutions".


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