Sierra Wireless Announces Executive Departure

    TSX: SW

    VANCOUVER, Feb. 2 /CNW/ - Sierra Wireless, Inc. (NASDAQ:   SWIR, TSX: SW)
today announced that the organizational changes made on January 29, 2009
include the resignation of Mr. Trent Punnett, Senior Vice-President, Marketing
and Corporate Development. The company has internally reallocated Mr.
Punnett's responsibilities and has no immediate plans to fill the position.
    "Trent has made many important contributions to Sierra Wireless and he
will be missed," said Jason Cohenour, the Company's President and Chief
Executive Officer. "I want to thank Trent for his dedication and contributions
to Sierra Wireless and wish him every success in the future."

    Cautionary Note Regarding Forward-Looking Statements

    Certain statements in this press release that are not based on historical
facts constitute forward-looking statements or forward-looking information
within the meaning of the U.S. Private Securities Litigation Reform Act of
1995 and applicable Canadian securities laws ("forward-looking statements").
These forward-looking statements are not promises or guarantees of future
performance but are only predictions that relate to future events, conditions
or circumstances or our future results, performance, achievements or
developments and are subject to substantial known and unknown risks,
assumptions, uncertainties and other factors that could cause our actual
results, performance, achievements or developments in our business or in our
industry to differ materially from those expressed, anticipated or implied by
such forward-looking statements. Forward-looking statements in this press
release include all disclosure regarding possible events, conditions,
circumstances or results of operations that are based on assumptions about
future economic conditions, courses of action and other future events. We
caution you not to place undue reliance upon any such forward-looking
statements, which speak only as of the date they are made. These
forward-looking statements appear in a number of different places in this
press release and can be identified by words such as "may", "estimates",
"projects", "expects", "intends", "believes", "plans", "anticipates",
"continue", "growing", "expanding", or their negatives or other comparable
words. Forward-looking statements include statements regarding the outlook for
our future operations, plans and timing for the introduction or enhancement of
our services and products, statements concerning strategies or developments,
statements about future market conditions, supply conditions, end customer
demand conditions, channel inventory and sell through, revenue, gross margin,
operating expenses, profits, forecasts of future costs and expenditures, the
outcome of legal proceedings, and other expectations, intentions and plans
that are not historical fact. The risk factors and uncertainties that may
affect our actual results, performance, achievements or developments are many
and include, amongst others, our ability to develop, manufacture, supply and
market new products that we do not produce today that meet the needs of
customers and gain commercial acceptance, our reliance on the deployment of
next generation networks by major wireless operators, the continuous
commitment of our customers, and increased competition. These risk factors and
others are discussed in our Annual Information Form and Management's
Discussion and Analysis of Financial Condition and Results of Operations,
which may be found on SEDAR at and on EDGAR at and
in our other regulatory filings with the Securities and Exchange Commission in
the United States and the Provincial Securities Commissions in Canada. Many of
these factors and uncertainties are beyond our control. Consequently, all
forward-looking statements in this press release are qualified by this
cautionary statement and we cannot assure you that actual results,
performance, achievements or developments that we anticipate will be realized.
Forward-looking statements are based on management's current plans, estimates,
projections, beliefs and opinions and we do not undertake any obligation to
update forward-looking statements should the assumptions related to these
plans, estimates, projections, beliefs and opinions change, except as required
by law.

    About Sierra Wireless

    Sierra Wireless (NASDAQ:   SWIR - TSX: SW) modems and software connect
people and systems to mobile broadband networks around the world. The Company
offers a diverse product portfolio addressing enterprise, consumer, original
equipment manufacturer, specialized vertical industry, and machine-to-machine
markets, and provides professional services to customers requiring expertise
in wireless design, integration and carrier certification. For more
information about Sierra Wireless, visit

    "AirCard" is a registered trademark of Sierra Wireless. Other product or
service names mentioned herein may be the trademarks of their respective

    %SEDAR: 00011917E

For further information:

For further information: Investor Relations, (604) 231-1181, Website:, Email:

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890