MetroBridge Announces Proposed Issue of Warrants



    
    /THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO
    U.S. NEWS AGENCIES/
    

    VANCOUVER, April 9 /CNW/ - MetroBridge Networks International Inc. (the
"Company") announces that its subsidiary, MetroBridge Networks Corporation
("MetroBridge Corporation"), entered into a letter agreement dated November
13, 2007 with Agility Ventures LLC ("Agility"). Pursuant to the letter
agreement, Agility agreed to provide MetroBridge Corporation with a credit
facility to lease equipment from Agility, in consideration for which
MetroBridge Corporation will pay to Agility a bonus in the form of warrants of
the Company amounting to 15% of the funding accessed by MetroBridge
Corporation.
    In December 2008, MetroBridge Corporation accessed an aggregate
US$132,759.65 under the credit facility. Accordingly, upon receipt of TSX
Venture Exchange approval, the Company will issue to Agility 35,764 share
purchase warrants at an exercise price of Cdn$0.35 until December 1, 2011 and
18,491 share purchase warrants at an exercise price of Cdn$0.40 until December
9, 2011.

    About MetroBridge Networks International Inc.

    MetroBridge, a leading international fixed wireless provider, delivers
broadband wireless access using WiMAX and other advanced wireless
technologies. Its highly redundant mission critical network provides
connections up to 2500Mbps in Canada and the United States. MetroBridge's
aggressive growth strategy contemplates acquisitions throughout North America
and additional complementary products and services. The Company operates in
all market segments including police and 911 services, the financial industry,
retailers and businesses of all sizes. MetroBridge was the first Canadian
carrier selected to join the WiMAX Forum(TM) to assist the industry in
establishing equipment interoperability. Please visit the Company's website at
www.metrobridge.com.

    THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES,
AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL
ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES
HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES
ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED
OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT
THEREFROM.

    
    Neither the TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this news release.
    

    %SEDAR: 00021434E




For further information:

For further information: Samantha Singh, MetroBridge Investor Relations,
Toll Free: (888) 628-1240, Direct: (604) 628-5627, Fax: (888) 628-2650,
ssingh@metrobridge.com

Organization Profile

METROBRIDGE NETWORKS INTERNATIONAL INC.

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