Craig Wireless Systems Ltd. announces resignation of Chief Executive Officer



    WINNIPEG, Oct. 22 /CNW/ - Craig Wireless Systems Ltd. ("Craig Wireless"
or the "Company") (TSX: CWG), announced today that Mr. David Lazzarato has
resigned as Chief Executive Officer of the Company. Effective immediately, Mr.
Boyd Craig and Mr. Drew Craig, the current Co-Chairmen of the Company, have
been appointed as Co-Chief Executive Officers of the Company. Mr. Lazzarato
has agreed to assist the Company with an orderly transition of his
responsibilities, and the board of directors and management of Craig Wireless
take this opportunity to thank Mr. Lazzarato for his service to the Company.

    About Craig Wireless Systems Ltd.

    Craig Wireless Systems Ltd. and its affiliates (collectively, the "CWS
Group") offer a broad range of telecommunications services, including,
broadband Internet access, television programming delivery, business
connectivity solutions, hosting, security and telecommunications solutions.
Through certain members of the CWS Group, Craig Wireless holds or leases
licenses for spectrum in the 2.5 GHz, 2.6 GHz or 3.5 GHz bands in Manitoba,
British Columbia, the Coachella Valley region, California, United States,
Greece, Norway and New Zealand. Spectrum in these ranges is effective for
delivery of point-to-multipoint signals, possesses robust bandwidth capability
and supports emerging WiMAX-based applications, including portable and mobile
applications.

    
    The Toronto Stock Exchange does not accept responsibility for the
    adequacy or accuracy of this release.
    





For further information:

For further information: J. Drew Craig, Co-Executive Chairman, Craig
Wireless Systems Ltd., Tel: (416) 515-2222 ext. 2, email:
craiginfo@craigwireless.com

Organization Profile

Craig Wireless Systems Ltd.

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