Atreus Systems Appoints Industry Veteran Ron Blair as Chief Financial Officer

, April 6, 2004 - Atreus Systems™, a leading provider of software solutions for rapid creation and delivery of new telecommunications services, today announced the appointment of Ron Blair as Chief Financial Officer. Blair, former CFO of DragonWave Inc., brings more than twenty years of experience with high growth telecom companies to his new role. Blair will be responsible for financial management, control, reporting, planning, real estate operations, investor relations and corporate development.

A results-driven finance professional committed to building and protecting shareholder value, Ron has proven success in the completion of financing rounds and capital market transactions. Ron served in senior financial positions for both high growth public and private telecommunications companies for more than twenty years including DragonWave Inc., Nortel Networks, Cambrian Systems, and AIT Advanced Information Technologies, Inc.

Prior to joining Atreus, Ron held the position of Chief Financial Officer at DragonWave, Inc., where he established a professional strategic planning and budgeting process, and raised the capital necessary to guide the company from its start-up phase through to product delivery.

As Chief Financial Officer at Cambrian, he helped guide the company through a period of rapid growth and negotiated the sale of the company to Nortel Networks for $300 Million US.

"Following the recent closing of our Series C funding and new business development at the company, we wanted to enhance the executive leadership team with a high caliber CFO -- one who will help take Atreus to the next level,” said Andrea Baptiste, President and CEO, Atreus Systems. "As a highly respected executive, Ron has consistently demonstrated outstanding achievement, leadership and personal integrity. Ron’s extensive experience in corporate development, financing rounds and capital market transactions makes him a perfect fit to lead Atreus as we grow our business.”

“I am honored by my appointment and see this as an excellent opportunity to make a major contribution as the company continues to grow,” said Ron Blair, Chief Financial Officer, Atreus Systems. "I look forward to building upon the solid foundation that already exists within Atreus and will continue to maximize long-term shareholder value by focusing on sustained profitability and disciplined financial decision making.”