Frost & Sullivan recognizes SR Telecom for its leadership in the development of WiMAX solutions MONTREAL, Oct. 12 /PRNewswire-FirstCall/ -- SR Telecom Inc.(TM) (TSX: SRX; NASDAQ: SRXA), the leading vendor of licensed OFDM solutions, recently accepted the Frost & Sullivan 2005 WiMAX Technology Innovator of the Year award at the Frost & Sullivan annual technology awards banquet in Las Vegas. SR Telecom was chosen because of its advanced, WiMAX-ready symmetry platform, which is recognized throughout the industry as the only significantly deployed pre-WiMAX solution globally. "We are honored to have been selected for this award. It is recognition that SR Telecom is committed to enabling the mobile WiMAX future by designing the complete solutions carriers need today to move WiMAX to the mainstream", said William Aziz, Interim President and CEO of SR Telecom. "This award further validates our ability to fine-tune the integration of advanced technologies into stable, high-performance solutions that address current service requirements of voice and data service providers, while ensuring a reliable and realistic upgrade path to the services and capabilities offered by the WiMAX technologies of tomorrow." "Leveraging its erstwhile experience in OFDM broadband wireless access solutions, SR Telecom is focused on developing a breakthrough WiMAX solution (symmetry), which has the potential to impact the growing broadband wireless space ecosystem," says Sivakumar Muthuramalingam, an Industry Analyst with Frost & Sullivan. "This innovative WiMAX solution from SR Telecom facilitates SME-class service and reliability at price points suitable for both enterprise and residential business cases," explains Muthuramalingam. The Frost & Sullivan Technology Innovation of the Year Award is given to a company (or individual) that has carried out new research which has resulted in innovation that has or is expected to bring significant contributions to the industry in terms of adoption, change, and competitive posture. This award recognizes the quality and depth of a company's research and development program as well as the vision and risk-taking that enabled it to undertake such an endeavour. About symmetry The most widely deployed licensed NLOS/OFDM solution in the market today, symmetry is unique in offering a WiMAX-ready BWA solution supporting the most advanced modulation (OFDMA) with the key technologies outlined in the latest draft of the 802.16e. More than a decade of experience in deploying large-scale carrier-class OFDM networks has enabled SR Telecom to fine-tune the integration of these technologies to deliver unprecedented spectral efficiency and NLOS range, enabling carriers to deliver toll quality voice (circuit-switched and VoIP) and broadband data services at price points suitable for enterprise, commercial and residential business cases. About Frost & Sullivan Frost & Sullivan works interactively with clients to develop innovative growth strategies. It was founded in 1961 in New York City with a specific mission: To publish world-class market consulting information and intelligence on emerging high technology and industrial markets. The company soon developed a reputation as one of the world's leading companies in growth consulting and corporate training. About SR Telecom SR TELECOM designs and deploys versatile, field-proven Broadband Fixed Wireless Access solutions. For over two decades, carriers have used SR Telecom products to provide broadband data and carrier-class voice services to end-users in both urban and remote areas around the globe. SR Telecom products have been deployed in over 130 countries, connecting nearly two million people. A pioneer in the industry, SR Telecom works intimately with carriers to ensure that its broadband wireless access solutions directly respond to evolving customer needs. Its turnkey solutions include equipment, network planning, project management, installation and maintenance. SR Telecom is a principal member of WiMAX Forum, a cooperative industry initiative which promotes the deployment of broadband wireless access networks by using a global standard and certifying interoperability of products and technologies. For more information, visit http://www.srtelecom.com/ . FORWARD-LOOKING STATEMENTS Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results. SR TELECOM and SYMMETRY are trademarks of SR Telecom Inc. All rights reserved 2005. All other trademarks are property of their owners. DATASOURCE: SR TELECOM INC. CONTACT: Chad Pralle, Vice-President Marketing, (514) 335-2429 Extension 4413; http://www.srtelecom.com/

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