iBwave Solutions Appoints Marc Lamy as Chief Financial Officer

Company Growth Triggers Need for Experienced Executive to Lead Financial International Opportunities.

Montreal, Canada – September 16, 2009 – iBwave Solutions, the global in-building design software provider, today announced the nomination of Marc Lamy as Chief Financial Officer (CFO) of the company. He will oversee iBwave’s finance, accounting and investor relations functions. With over 20 years of experience, Marc Lamy also represents a strong addition to the company’s executive team, which directs all aspects iBwave’s strategy, planning and operations.

“We are very pleased to welcome Mr. Lamy to the iBwave executive team. Marc Lamy brings a strong expertise in merger and acquisition, in line with the long-term strategy iBwave envisions,” says Mario Bouchard, President and CEO of iBwave Solutions. “We look forward to working with Mr. Lamy on new business opportunities and to benefiting from his finance and business expertise as we transform iBwave and take it through our next phases of growth.”

Before joining iBwave, Mr. Lamy was part of the corporate finance group of Deloitte since 2007, working with clients to provide merger, acquisition, financing and advisory services. Prior to that, Marc Lamy has served as CEO of Mindready Solutions from June 2006 to August 2007 and as CFO since May 2004. He acted as Chief Financial Officer of Wysdom, a private company involved in complex wireless data solutions for wireless carriers and large enterprises, from January 2000 to September 2001 and served as Chief Financial Officer and Board member of Cognicase Inc., a publicly traded information technology company, from March 1997 to January 2000, where he was instrumental in taking that company public in both Canada and the United States (NASDAQ) and led the company in managing eighteen different acquisitions throughout Canada, the United States and Europe. He also served as a board member for Ixiasoft Inc., Accovia Inc, Lyrtech inc., Mindready Solutions and Cognicase Inc and has been sitting on iBwave’s Advisory Board for the past two years.

Marc Lamy received his Chartered Financial Analyst designation in June 1991 and holds a Bachelor Degree in Engineering from ‘Université de Montréal – École Polytechnique’, Canada. He also holds a Master of Science and Administration from ‘Université de Montréal – École des Hautes Études Commerciales’, Canada.

About iBwave

iBwave Solutions, the standard for converged indoor network planning is the power behind great in-building wireless experience, enabling billions of end users and devices to connect inside a wide range of venues. As the global industry reference, our software solutions allow for smarter planning, design and deployment of any project regardless of size, complexity or technology. Along with innovative software, we are recognized for world class support in 90 countries, industry’s most comprehensive components database and a well-established certification program. For more information visit: www.ibwave.com

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