WS appointed to help with listing

A Toronto-based wireless company has brought in ­Weber Shandwick Financial to aid its listing on AIM.

The listing, which took place last week, saw DragonWave join both AIM and the Toronto Stock Exchange - providing a challenge to WS Financial.

The agency had to make the relatively small company appear an attractive investment - despite the fact that its profits dipped in the nine months leading up to Nov­ember 2006.

The listing still managed to raise £13.3m and saw WS offices work on both sides of the Atlantic.

Dragonwave has produced wireless Ethernet equipment since 2000 for use in IP networks.

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