Redline Communications Group Cease Trade Order Lifted

TORONTO, Feb. 24 /CNW/ - Redline Communications Group Inc. (TSX: RDL) ("Redline" or the "Company"), a developer and manufacturer of specialized broadband wireless systems, today announced that, following the revocation of the previously issued cease trade orders by the Ontario Securities Commission and other applicable securities commission, its common shares have resumed trading on the Toronto Stock Exchange.

"The lifting of the various cease trade orders will provide a broader range of options as the Company begins to explore different financing opportunities" stated Eric Melka, CEO of Redline. "Considering the financial impact that the various restatements had on our resources and all of the uncertainties resulting from the crisis in the Middle East, this is timely" added Eric.

About Redline Communications
Redline Communications (www.rdlcom.com) manufactures powerful and versatile wireless broadband products used to cost-effectively deploy distributed applications and services. Municipalities use Redline products to quickly and easily deploy or extend their video surveillance networks; oil and gas companies to monitor how their oil wells are operating; service providers and enterprises to bring business grade access to buildings. Redline's radio products are the most deployed commercial radio for the US military. For over 10 years, Redline has been delivering reliable wireless solutions with the strong combination of high capacity, speed, range and reliability. Redline products are marketed and supported locally through an exclusive network of value added resellers in the Americas; the Middle East, and Africa.

NOTE: All registered and unregistered trademarks mentioned in this release are the property of their respective owners.

Forward-Looking Statements
Certain statements in this release, including the estimate of future revenues, sales, provided above, constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws. In some cases, forward-looking statements can be identified by terms such as "could", "expect", "may", "will", "anticipate", "believe", "intend", "estimate", "plan", "potential", "project" or other expressions concerning matters that are not historical facts. Readers are cautioned not to place undue reliance upon any such forward-looking statements.

Such forward-looking statements are not promises or guarantees of future performance and involve both known and unknown risks and uncertainties that may cause the actual results, performance, achievements or developments of Redline to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. Forward-looking statements, by their nature, are based on certain assumptions regarding expected growth, management's current plans, estimates, projections, beliefs, opinions and business prospects and opportunities (collectively, the "Assumptions"). While the Company considers these Assumptions to be reasonable, based on the information currently available, they may prove to be incorrect.

Many risks, uncertainties and other factors could cause the actual results of Redline to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. These risks, uncertainties and other factors include but are not limited to the following: significant competition, competitive pricing practices, cautious capital spending by customers, industry consolidations, rapidly changing technologies, evolving industry standards, frequent new product introductions, short product life cycles and other trends and industry characteristics affecting the telecommunications industry; any material, adverse affects on Redline's performance if its expectations regarding market demand for particular products prove to be wrong; any negative developments associated with Redline's suppliers and contract manufacturing agreements including the Company's reliance on certain suppliers for key components; potential penalties, damages or cancelled customer contracts from failure to meet delivery and installation deadlines and any defects or errors in Redline's current or planned products; fluctuations in foreign currency exchange rates; potential higher operational and financial risks associated with Redline's efforts to expand internationally; a failure to protect Redline's intellectual property rights, or any adverse judgments or settlements arising out of disputes regarding intellectual property; changes in regulation of the wireless industry or other aspects of the industry; any failure to successfully operate or integrate strategic acquisitions, or failure to consummate or succeed with strategic alliances; and Redline's potential inability to attract or retain the personnel necessary to achieve its business objectives or to maintain an effective risk management strategy (collectively, the "Risks").  For additional information on these Risks, see Redline's most recently filed Annual Information Form ("AIF") and Annual MD&A, which are available on SEDAR at www.sedar.com and on the Company's website at www.redlinecommunications.com. Redline assumes no obligation to update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by law.  All forward looking statements contained in this release are expressly qualified in their entirety by this cautionary statement.

SOURCE Redline Communications Group Inc.

For further information:

Redline Communications
Lynda Partner
lpartner@rdlcom.com
+1 613-618-3200


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