TORONTO – April 24, 2013 –

"Our staying power on this Top 10 list highlights Redline’s momentum and is testimony to our team's foresight, abilities and commitment," said Eric Melka, CEO of Redline Communications. "Redline’s focus on innovation within the emerging machine-to-machine space has paid off, especially in oil and gas where our customers are enjoying the benefits of a fully interconnected digital oilfield using Redline systems. Our momentum continues to grow in 2013, demonstrated again just this month when Redline announced our largest oilfield contract to-date.”

Redline's appearance on the Branham Group list caps off a year of big achievements for Redline, including:

• Huge growth in the Oil and Gas sector where Redline is rapidly becoming the standard for wirelessly enabling digital oil fields.
• Redline joined the Cisco Developer Network as a Solution Developer and Honeywell’s PKS Advantage™ program, demonstrating complete integrated M2M solutions for the oil and gas industry.
• Developed and delivered a ruggedized nomadic RAS Solution, the first wireless broadband networking system to automatically locate, and connect to a network base station, providing automatic, reliable wireless connectivity for mobile rigs and vehicles. Redline’s RAS Nomadic Platform won top honors in the Backhaul Innovation category of the Fierce Innovation Awards.
• Redline once again completed its ISO 9001 certification, receiving a perfect score, and in recognition of its commitment to quality and business excellence in all aspects of its operation, won the BSI Group Award of Excellence.

About Branham Group Inc.
Branham Group Inc. is a leading industry analyst and strategic marketing company servicing the global Information and Communication Technology (ICT) marketplace. Branham Group assists ICT Technology companies and related institutions in achieving market success through its custom consulting services (Planning, Marketing and Partnering), and through its multi-client research subscription programs (Digital Health, Green IT and Cloud). Branham also produces an annual listing of the top ICT companies in Canada (www.branham300.com).  For more information regarding Branham Group, please visit www.branhamgroup.com.

About Redline Communications
Redline Communications (www.rdlcom.com) is the innovator of Virtual Fiber™, a specialized wireless broadband solution used to cost-effectively deploy and extend secure networks, enable M2M applications, connect digital oilfields and smart grids, facilitate and enhance public safety networks, and bring Internet access wherever and whenever it’s needed – regardless of terrain or how remote. For more than a decade Redline has delivered powerful, versatile and reliable wireless solutions to governments, militaries, oil and gas companies and telecom service providers through its global network of certified partners.  For more information visit www.rdlcom.com.

Company delivers solid operating results and a strengthened balance sheet

TORONTO – March 27, 2013 – Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), a leading provider of broadband wireless solutions for machine-to-machine (M2M) communications, today announced operating results for the three and twelve month periods ended December 31, 2012.

Highlights for the fiscal year ended December 31, 2012 include:

Solid sales traction and operating results:

• Record new Bookings² of $49.5 million of which approximately 45% were in Energy vertical
• Recognized revenue of $49.0 million
• $14.6 million Backlog² at December 31, 2012
• 63% gross margin on core Broadband Wireless Infrastructure (BWI) product sales, and 56% blended gross margin
• Operating expenses down 9% from fiscal 2011
• Adjusted EBITDA² of $3.8 million marking the third consecutive year of positive Adjusted EBITDA
• EPS of $0.29, excluding the non-cash expense relating to the fair market adjustment on the Debenture²

Strengthened Balance Sheet:

• Established Cdn. $10.0 million credit facility with HSBC Bank Canada
• Amended loan agreement with Ontario Ministry of Economic Development and Innovation reducing interest charges by $0.7 million
• Warrant exercises (during and subsequent to 2012) resulted in approximately Cdn. $13.4 million cash receipts to the Company

Financial Review

Order Bookings² for the year ended December 31, 2012 were a record $49.5 million and outpaced Shipments in the year of $35.9 million.  This resulted in a healthy Backlog of $14.6 million at the end of the 2012 fiscal year, largely as a result of larger orders with associated longer delivery timeframes.  Bookings in 2012 were primarily driven from strong and growing sales to the energy sector, which represented approximately 45% of total Bookings, as well as continued strength in the telecom and public safety sectors.

BWI Revenue for the three months ended December 31, 2012 was $10.4 million, the strongest BWI quarterly revenue for fiscal 2012.   BWI Revenue was strengthened by several large contracts in oil and gas and telecom. BWI Revenue for the three months ended December 31, 2012 was down 8% from $11.3 million for the same period last year, primarily as a result of final acceptance on a large oil and gas project received in the fourth quarter of fiscal 2011 for work undertaken throughout 2011. Overall for the 2012 year, BWI Revenue was $30.0 million, down marginally from the $31.0 million reported for the 2011 year.

“I am very happy with our 2012 results.  Strong product performance, high customer satisfaction and a growing reputation helped us increase our sales momentum, our average contract size is larger, and our top-tier customers are expanding their networks,” said Eric Melka, Redline’s CEO. “These complex networks are providing significant long term opportunity for Redline as they roll out over time and I am very excited about the future.”

Included in the definition of total Recognized Revenue is amortized deferred revenue from prior RedMAX™ sales.  As the timeframe associated with the recognition of amortized deferred revenue from prior RedMAX sales ended June 30, 2012, the lower amount of amortized revenue in 2012 lowered the year-over-year comparative performance of total Recognized Revenue.   Hence for the 2012 year, total Recognized Revenue was $49.0 million, a decrease from $58.0 million reported in 2011 which included $18.7 million of amortized deferred revenue, versus $9.0 million of amortized deferred revenue included in 2012. Similarly, total Recognized Revenue for the three months ended December 31, 2012 was $11.0 million, down $7.2 million from $18.2 million for the same period last year, which included $4.7 million of amortized deferred revenue.

Gross margin on core (BWI) product sales during the 2012 fourth quarter and for the 2012 year was 63%. Blended gross margin for the 2012 fourth quarter was 61%, an improvement of nine percentage points compared to blended gross margin of 52% reported for the fourth quarter of 2011. The increase was the result of a higher relative contribution of BWI sales in the comparative sales mix.  For the year, blended gross margin was 56% compared to a blended gross margin of 58% for the year ended December 31, 2011.  The small decrease is primarily a result of a higher relative mix of lower margin “other” products required to deliver complete solutions in 2012.

The Company’s ongoing commitment to manage operating costs and improve operating efficiencies resulted in a decrease in overall operating expenses of 3% to $6.9 million for the three months ended December 31, 2012 compared to $7.1 million reported for the same period last year.  Overall operating expenses for the 2012 year were $25.3 million, 9% lower than the $27.8 million reported for the same period last year, largely the result of efficiencies from the implementation of new information technology, which allowed the Company to continue to reduce overall staffing levels.

Adjusted EBITDA for the three months ended December 31, 2012 was $0.3 million, a decrease of $2.6 million over the $2.9 million for the corresponding period in 2011.  Adjusted EBITDA for the year ended December 31, 2012 was $3.8 million, a decrease of $4.0 million compared to $7.8 million for the corresponding period in 2011. The decrease is a direct result of the decrease in revenue as a result of the completion of the amortization period of all RedMAX Amortized Deferred Revenue at the end of June 30, 2012.

A non-cash loss of $6.4 million in the fourth quarter of 2012 relating to the fair market value adjustment on the Debenture resulted in a Net Loss for the period of $5.6 million, or ($0.58) per share as compared to a profit of $1.1 million, or $0.20 per share in the fourth quarter of 2011. For the full year, Redline reported a Net Loss of $9.5 million, or ($1.00) per share, as compared to a Net Profit of $4.1 million, $0.76 per share in 2011. The difference is attributed to a $12.3 million non-cash expense in 2012 relating to the fair market value adjustment on the Debenture and the effects of substantial deferred amortized revenue present in 2011 and not equally present for 2012. Excluding the non-cash expense relating to the fair market adjustment on the Debenture, net income for the 2012 year was $2.8 million or $0.29 per share, and for the three months ended December 31, 2012 was $0.9 million or $0.09 per share.

During 2012, the Company received approximately Cdn. $10.5 million in consideration from the exercise of warrants associated with the Debenture. Subsequent to December 31, 2012 the Company received an additional approximately Cdn. $2.9 million from the exercise of additional warrants, also associated with the Debenture. The Company also obtained a demand operating facility of Cdn. $10.0 million with HSBC Bank Canada (“HSBC”), providing additional working capital.

“Redline’s balance sheet has been greatly strengthened this year providing working capital for our anticipated growth,” added Melka.  “The conversion of almost all of the outstanding Debenture and associated warrants has added to our cash and has also significantly reduced the non-cash charges, which have obscured otherwise positive net income for the second year in a row.”

At December 31, 2012, Redline held cash of approximately $8.3 million, up $3.5 million from the cash and short term investments balance of $4.8 million at December 31, 2011.

2012 business highlights included:

Selected Customer Wins:

• The Company received and shipped a large BWI product order to complete a major expansion of its wireless project for Shell Oil joint venture Petroleum Development Oman LLC (PDO), making it the Company’s largest oil field deployment with over 5000 radios.
• Redline's wireless products were chosen by the Abu Dhabi Company for Onshore Oil Operations in the United Arab Emirates as part of an integrated digital oil field system to be delivered by systems integrator Alcatel-Lucent.
• Redline received a contract representing approximately 10% of Redline’s annual revenue for 2012 with an existing oil and gas customer. Redline will be their prime contractor for a high-capacity wireless network in their new location in Oman.
• Redline received and shipped a $2 million order for its RAS system to a major US-based oil and gas company, providing high-capacity, high-availability mobile communications for drilling rigs.
• In the service provider space, Redline won a multi-million dollar multi-phase order for BWI product from an existing customer in Pakistan.

Partnerships:

• Redline joined the Cisco Developer Network as a Solution Developer and  Redline’s RDL-3000 system successfully completed interoperability testing with Cisco Access Points.
• Redline joined Honeywell’s PKS Advantage™ program, together demonstrating complete integrated M2M solutions for the oil and gas industry.

Product Milestones:

• In the third quarter of fiscal 2012, Redline announced the availability and shipment of over 300 of their ruggedized nomadic RAS Solution, the first wireless broadband networking system to automatically locate, and connect to a network base station, providing automatic, reliable wireless connectivity for mobile rigs and vehicles.
• In November 2012, Redline’s RAS Nomadic Platform won top honors in the Backhaul Innovation category of the Fierce Innovation Awards.

Quality Recognition:

• Redline once again completed its ISO 9001 certification, receiving a perfect score.
• Subsequent to the end of 2012, Redline won the BSI Group Award of Excellence in recognition of its commitment to quality and business excellence in all aspects of its operation.

Conference Call and Webcast – March 27th, 2013 at 10:00 a.m. ET

A conference call and webcast to discuss the results will be held March 27, 2013 at 10:00 a.m. ET.  To participate in the conference call, please dial 1-647-427-7450 or 1-888-231-8191 approximately 10 minutes before the conference call, and provide passcode 99021008.  A recording of the call will be available through April 4, 2012. To listen to the rebroadcast please dial 1-416-849-0833 or 1-855-859-2056 and enter passcode 99021008.  A webcast of the call will also be available on Redline’s website at http://www.rdlcom.com/en/about/investors/webcasts.

The selected financial information included in this release is qualified in its entirety by, and should be read together with the Consolidated Financial Statements of the Company for the year ended December 31, 2012 and the Company’s Management Discussion and Analysis for the three and twelve month periods ended December 31, 2012 (“2012 MD&A”), copies of which are available on SEDAR at www.sedar.com.

About Redline Communications

Redline Communications (www.rdlcom.com) the innovator of Virtual Fiber™, a specialized wireless broadband system used by companies and governments worldwide to cost-effectively deploy distributed services and applications.  Redline Virtual Fiber™ solutions are used to facilitate and enhance public safety networks, deploy and extend secure networks, connect digital oil fields and smart grids, and bring dedicated Internet access wherever and whenever it’s needed. Redline has been delivering powerful, versatile and reliable wireless systems to governments, the military, oil and gas, and the telecom industry for over a decade through its global network of certified partners. For more information visitwww.rdlcom.com.

# # #

Redline Contact(s)
Lynda Partner
Communications
+1-613-618-3200
lpartner@rdlcom.com

George Kypreos
Chief Financial Officer
+1-905-479-8344
gkypreos@rdlcom.com

Cory Pala
Investor Relations
+1-416-657-2400
cory.pala@evestor.com

Twitter: @rdlcom
Press Kit: http://redline.mobilitypr.com

NOTES:

1. All amounts reported in this press release are in US dollars unless otherwise stated.

2.To better assess the health and growth of the Redline’s business, the Company reports on several key metrics, including “Orders or Bookings”, “Shipped or Shipments”, “Backlog”, “EBITDA”, “EPS excluding the non-cash expense relating to the fair market adjustment on the Debenture”, and “Amortized Deferred Revenue”.  Further information including definitions of these categories can be found in the Company’s Management Discussion and Analysis for the three and twelve months ended December 31, 2012 (“Q4 and 2012 Year MD&A”), copies of which are available on SEDAR at www.sedar.com. Further details on the three and twelve month results ended December 31, 2012 can be found in the condensed consolidated annual audited statement of financial position, condensed consolidated annual audited statement of comprehensive income, condensed consolidated annual audited statement of changes in equity and condensed consolidated annual auditedstatement of cash flows reproduced at the end of this press release. The selected financial information included in this release is qualified in its entirety by, and should be read together with the Condensed Consolidated Audited Financial Statements of the Company for the three and twelve months ended December 31, 2012 and the  Q4 and 2012 Year MD&A.

TORONTO – March 07, 2013 – Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), a leading provider of broadband wireless solutions for machine-to-machine (M2M) communications, today announced changes to its executive management team and an expansion of its operations in the Middle East:

• Rob Williams has been promoted to president of Middle East and Africa, where Redline is expanding its presence. Williams will also continue to serve as Redline’s Chief Operating Officer and will now be located in Oman.
• Carl McKinnon joins Redline as vice president of worldwide sales. MacKinnon was previously global sales director for communications at GE Digital Energy.
• Bojan Subasic has been promoted to vice president of development and production. Subasic was previously Redline’s associate vice president of development and production.
• Rick Cuthill has taken on the role of general manager of Redline’s new business unit, Redline Military Technologies (RMT).

“These management changes are intended to help us scale our business and continue to get closer to our customers and partners,” said Eric Melka, Redline CEO. “The Middle East in particular is a significant market for Redline - we have an excellent reputation there with a strong and dedicated team. By further building out our presence with a new operations center in Muscat, Oman, we’re reinforcing our commitment to the Region and our oil and gas business.”

“Rob Williams joined Redline in 2010 and has been instrumental in bringing the company to profitability,” added Melka. "Rob is a great leader. He brings integrity, passion, business sense and a genuine desire to work with customers, partners and employees to deliver the best possible solutions, and we are excited to see him move to the Middle East.

Carl McKinnon’s experience at GE Digital Energy and his knowledge of the Energy market will help accelerate Redline’s success, especially in the Oil and Gas market worldwide. His deep experience selling communications solutions to the Energy market will be valuable as Redline builds upon key successes in this sector. McKinnon will report to Amir Rosenzweig, SVP Business Development, who will now dedicate his full time and attention to developing and maintaining relationships with Redline’s strategic partners.

“As our partnerships in many parts of the world are growing, dedicating our most senior team to this effort will enable us to leverage our business and those partnerships,” added Melka. “The addition of Carl to lead the sales effort will undoubtedly result in additional successes in the energy vertical, our fastest growing segment.”

Bojan Subasic’s promotion to Vice President, Development and Production is the natural extension of a yearlong program to integrate software and hardware groups into a cohesive team. The team has successfully delivered new products with more functionality, even as they reduced costs and kept quality high.

“We’ve demonstrated that not only do we have a unique product offering, but thanks to our technical team, we have a software-based technology platform that can scale,” noted Melka. “With the addition of a VP Sales and a more dedicated focus on strategic partnerships, we’re now well positioned to take advantage of the market demand we’re seeing in all of our markets.” 

Lastly, Rick Cuthill will be managing Redline’s new business unit as General Manager, Redline Military Technologies (RMT), which was established to meet the specialized needs of the military and public safety markets. Rick will lead a team that is focused, nimble and adaptive, and will work closely with Redline’s largest OEM partner. “The military and public safety markets are very important to Redline,” says Melka. “With RMT we have the best of both worlds – a focused team to meet the unique requirements associated with these markets, and the ability to integrate these most demanding requirements into our commercial products.”

About Redline Communications
Redline Communications (www.rdlcom.com) is the innovator of Virtual Fiber™, a specialized wireless broadband system used by companies and governments worldwide to cost-effectively deploy distributed services and applications. Redline Virtual Fiber™ solutions are used to facilitate and enhance public safety networks, deploy and extend secure networks, connect digital oil fields and smart grids, and bring dedicated Internet access wherever and whenever it’s needed. Redline has been delivering powerful, versatile and reliable wireless systems to governments, the military, oil and gas, and the telecom industry for over a decade through its global network of certified partners. For more information visit www.rdlcom.com.

RDL-3000 wireless broadband product family now available in the 3.5 GHz licensed band, helps Telecom Operators re-use spectrum as they migrate to LTE

TORONTO – February 12, 2013 – Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), a leading provider of broadband wireless solutions for industrial and telecom applications, today announced that their entire family of RDL-3000 wireless broadband systems now operates in the 3300-3800 MHz licensed band (known as 3.5 GHz), one of the licensed spectrum profiles used by telecom operators.

Redline counts more than 200 telecom operators among their customers. Like many telecom providers, Redline’s customers have been migrating away from the WiMAX standard to take advantage of the more powerful LTE standard for delivering mobile voice and data services, leaving behind expensive and now underutilized 3.5 GHz spectrum. Like LTE, Redline’s RDL-3000 system offers higher speeds, lower latency and greater capacity than WiMAX, but unlike LTE it operates in the 3.5 GHz licensed band. With this new offering from Redline, operators can use their 3.5 GHz spectrum to deliver high quality fixed services to their most demanding customers while they use their LTE spectrum for mobile services.

One of the first Redline customers to use the RDL-3000 system for 3.5 GHz is Pakistan’s leading cellular and Blackberry service provider, Mobilink. With more than 35 million subscribers and Pakistan’s largest voice and data network, Mobilink has built its reputation through delivery of cutting-edge, integrated technology and the largest portfolio of value added services available in the region. A longtime customer of Redline’s wireless products, Mobilink is purchasing Redline’s more powerful RDL-3000 based product line for all future use of its 3.5 GHz licensed spectrum.

“We developed the RDL-3000 3.5 GHz product as part of deliberate migration strategy for our telecom operator customers who are migrating to LTE for mobile services,” said Rob Williams, chief operating officer of Redline Communications. “As they move their mobile customers to LTE and their 3.5 GHz spectrum becomes available, they can now use it to deliver high end fixed services with LTE-like speeds. Using Redline’s RDL-3000 they will continue to realize a return on the millions of dollars they’ve invested in 3.5 GHz spectrum.”

The RDL-3000 family consists of the RD-3000 SC (Sector Controller) with GPS and Synchronization, the RDL-3000 Subscriber Unit with external antenna ranging from 37 cm panel to 60 cm parabolic, the Enterprise as well as the eLTE-MT.

For the delivery of business access services, the software-configured RDL-3000 allows for Point-To-Point and Point-to-MultiPoint applications, customizable quality of service controls and the ability to remotely change the delivered bandwidth on a unit-by-unit basis.

BSI Group Recognizes Redline Communications with its Award of Excellence after evaluating all aspects of the company’s operations

TORONTO – February 6, 2013 – Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), a leading provider of broadband wireless solutions for industrial and telecom applications, announced today the company has won the annual BSI Group Award of Excellence in recognition of its commitment to quality and business excellence in all aspects of its operation.

“Redline Communications has an impressive track record. Their team achieved perfect audit performance in 2012, they demonstrated continual business improvement over the last three years and senior management continuously shows full support of the quality system, which makes a huge difference,” said Gary Robinson, Commercial Director, BSI Canada. “This year’s Award of Excellence nominees were an impressive group of leading companies, but Redline stood out among them as a company that continuously goes above and beyond, and for that we commend them.”

The British Standards Institution (BSI) is the world’s first national standards body and a founding member of the International Organization of Standardization (ISO). BSI established its annual Award of Excellence program in 2011 to recognize leading companies worldwide that excel in the implementation of international business standards.

“Business excellence and a commitment to quality in everything we do are integral parts of the Redline culture and winning this prestigious award is a testament to our success and hard work,” says Rob Williams, Redline Chief Operating Officer. “Our products have always been known for their outstanding reliability. It is something we are very proud of and our commitment to the ISO quality management system is part of what makes this possible year after year.”

The BSI Group Award of Excellence is just the latest honor for Redline. Recently, the company’s RAS Nomadic Platform won a coveted Fierce Innovation Award in recognition of it being the first wireless broadband backhaul networking system to automatically locate, steer toward and connect to a network base station.

The RAS is both a technical and commercial success as major oil and gas producers use the system to implement ‘digital oilfields’ to increase the speed and amount of production. Since shipping in late 2012, more than 300 RAS units have – or are in the process of being – deployed by oil and gas producers to provide rigs, vehicles and other equipment with automatic, continuous and reliable high-speed wireless connectivity even as they move from place to place across large distances.

BSI (British Standards Institution) is a global organization that equips businesses with the necessary solutions to turn standards of best practice into habits of excellence. Formed in 1901, BSI was the world’s first National Standards Body and a founding member of the International Organization of Standardization (ISO). Over a century later it continues to facilitate business improvement across the globe by helping its clients drive performance, reduce risk and grow sustainably through the adoption of international management systems standards, many of which BSI originated. Famed for its marks of excellence including the instantly recognisable Kitemark®, BSI’s influence spans multiple sectors including aerospace, construction, energy, engineering, finance, healthcare, IT and retail. With over 64,000 clients in 147 countries, BSI is an organization whose standards inspire excellence across the globe. To learn more, please visit http://www.bsigroup.ca.

About Redline Communications
Redline Communications (www.rdlcom.com) the innovator of Virtual Fiber™, a specialized wireless broadband system used by companies and governments worldwide to cost-effectively deploy distributed services and applications.  Redline Virtual Fiber™ solutions are used to facilitate and enhance public safety networks, deploy and extend secure networks, connect digital oil fields and smart grids, and bring dedicated Internet access wherever and whenever it’s needed. Redline has been delivering powerful, versatile and reliable wireless systems to governments, the military, oil and gas, and the telecom industry for over a decade through its global network of certified partners. For more information visit www.rdlcom.com.

Early conversion of Debenture and early exercise of associated Warrants demonstrates shareholder confidence and strengthens Redline`s balance sheet

TORONTO – January 30, 2013 – Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), a leading provider of broadband wireless solutions for machine-to-machine (M2M) communications issues notice today that it will report financial results for its fourth quarter and year ended December 31, 2012 before market open on March 27, 2012. A conference call to discuss the results will be held the same day at 10:00 a.m. Eastern.

Redline is also providing an update on the status of the exercise of Warrants associated with the Debenture financing announced June 2011 (the “Debenture”).  Since the Company’s last update on January 8, 2013, it has received an additional $1.4 million in proceeds from the exercise of Warrants

In summary, the total proceeds from the Warrant exercise to date are $13.4 million, comprised of $10.4 million from the exercise of 100% of the Second Warrants which expired Jan 28, 2013 and $3.0 million from the exercise of more than half of the First Warrants, well in advance of their expiry date of June 2014.

The $8.3 million Debenture which bears interest at a rate of 5% per annum and expires on June 10, 2016, was convertible at any time 90 days following the date of issuance at the option of the holder. As of January 28, 2013, $7.8 million of the Debenture has been voluntarily converted to shares and the Company received notice that another approximately $0.2 million will voluntarily convert on January 31, 2013, at which time approximately $8.0 million of the $8.3 million Debenture will be converted to shares.

As of January 28, 2013, 2,255,436 shares have been issued on the exercise of Second Warrants for total proceeds of $10.4 million, leaving no Second Warrants to be exercised. Also as of January 28, 2013, 1,311,141 shares have been issued on the early exercise of First Warrants for total proceeds of $3.0 million, leaving 944,295 First Warrants to be exercised. The Warrants and Debenture have previously been reported in the Company’s financial statements and management discussion and analysis and as a result, the total potential diluted common shares outstanding of 16,489,932 have not changed as a result of this Warrant exercise.

“We`re very pleased that so many of our Debenture holders have converted their Debentures and exercised their associated Warrants,” said Eric Melka, Redline CEO. “The early conversion of the majority of the Debenture amount into common shares has strengthened our balance sheet and the exercise of the Warrants has increased our cash position.”

“Redline has been delivering very impressive results over the past few quarters under a very strong management team,” said Sebastian van Berkom, a significant Redline shareholder. “I was happy to continue to support Redline by converting my Debentures and exercising my Warrants, and I believe this additional capital will help Redline grow to the next level.”

Note: All amounts reported in this press release are in Canadian dollars unless otherwise stated.

About Redline Communications
Redline Communications (www.rdlcom.com) is the innovator of Virtual Fiber™, a specialized wireless broadband solution used to cost-effectively deploy and extend secure networks, enable M2M applications, connect digital oilfields and smart grids, facilitate and enhance public safety networks, and bring Internet access wherever and whenever it’s needed – regardless of terrain or how remote. For more than a decade Redline has delivered powerful, versatile and reliable wireless solutions to governments, militaries, oil and gas companies and telecom service providers through its global network of certified partners.  For more information visit www.rdlcom.com.

Company Responds to Growing Demand for Rugged Wireless Networks

TORONTO – January 28, 2013 – Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), a global provider of high-speed,  rugged wireless networks, announced today that it will be participating with the Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, in an International Trade Mission to Nigeria and Ghana.

By participating in this trade mission, Redline is responding to the growing demand in Africa for higher speed communications, especially in areas where there is no existing infrastructure.  Redline specializes in deploying networks in remote areas for governments, telecom service providers and oil and gas enterprises.

“This trade mission will accelerate our involvement in Ghana, giving us greater insights into the market’s needs, challenges and changing regulatory environment”, said Ziad Choueiry, Managing Director, North Africa at Redline Communications. “We look forward to developing new relationships and strengthening our existing ones in this exciting area.”

About Redline Communications
Redline Communications (www.rdlcom.com) is the innovator of Virtual Fiber™, a specialized wireless broadband solution used to cost-effectively deploy and extend secure networks, enable M2M applications, connect digital oilfields and smart grids, facilitate and enhance public safety networks, and bring Internet access wherever and whenever it’s needed – regardless of terrain or how remote. For more than a decade Redline has delivered powerful, versatile and reliable wireless solutions to governments, militaries, oil and gas companies and telecom service providers through its global network of certified partners.  For more information visit www.rdlcom.com.

Non-Dilutive Financing Will Help Fuel Growth

TORONTO – January 8, 2013 – Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL – “Redline” or the “Company”), a leading provider of specialized broadband wireless solutions, announced today that it has now received an aggregate of approximately $11.96 million in consideration from the exercise of warrants issued as part of the Company’s private placement announced in April 2011. This amount includes the amount received in the announcement on November 12, 2012, and the aggregate number of shares issued as a result of all warrants exercised (including those announced on November 12, 2012) is 3,241,204 common shares of the Company.

"Securing $12M of additional cash will allow us to accelerate our already impressive growth in the energy market, especially for larger system sales,” said Eric Melka, Redline CEO.

These warrants represent some of the “First Warrants” and “Second Warrants” issued as part of the Company’s private placement announced in April 2011. The exercise price was $2.30 per share in the case of the First Warrants and $4.60 per share in the case of the Second Warrants. There are 325,373 Second Warrants still to be exercised. These Second Warrants represent total expected proceeds of $1,496,713 and they must be exercised by January 28, 2013 or they will expire on that date. While the Company has no reason to believe that these above referenced warrants will not be exercised, until Redline receives the exercise forms and associated payments, there can be no assurance that they will. The company will provide additional information in due course. There are also 937,500 First Warrants representing total expected proceeds of $2,156,250 still outstanding. The expiry date on these First Warrants is June 10, 2014.

The warrants have previously been reported in the Company’s financial statements and management discussion and analysis and as a result, the total potential diluted common shares outstanding have not changed as a result of this warrant exercise.

Note: All amounts reported in this press release are in CDN dollars.

About Redline Communications
Redline Communications (www.rdlcom.com) is the innovator of Virtual Fiber™, a rugged wireless broadband solution used to cost-effectively deploy and extend secure networks, enable machine-to-machine (M2M) applications, connect digital oilfields and smart grids, facilitate and enhance public safety networks, and bring Internet access wherever and whenever it's needed – regardless of terrain or remote location. For more than a decade Redline has delivered powerful, versatile and reliable wireless systems to governments, militaries, oil and gas companies and telecom service providers through its global network of certified partners.

Redline’s RAS wins top honors for Backhaul Innovation in Fierce Innovation Awards

TORONTO – Nov. 15, 2012 – Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), a leading provider of broadband wireless solutions for machine-to-machine (M2M) communications announced today that it has been recognized by the coveted Fierce Innovation Awards, an operator-reviewed awards program from the publishers of FierceWireless, FierceTelecom and FierceCable.

Redline’s RAS Nomadic Platform received top honors in the Backhaul Innovation category.

Easy to mount, set up and operate, the RAS Nomadic Platform was specifically designed without any moving parts for reliable operation in remote areas such as oil fields. RAS is the first wireless broadband networking system that instantly locates, aligns and connects to a network base station, automatically establishing reliable high bandwidth connectivity between roving assets. This increases employee efficiency and reduces human error. Ideal for wireless backhaul applications, RAS easily enables real-time M2M communications, SCADA, automation control, high definition video, Wi-Fi and VOIP directly to a vehicle, rig, portable office or other movable asset – in areas where traditional service providers don’t go.

Judges evaluated the RAS entry based on technology innovation, financial impact, market validation and end-user customer experience.

Winners were selected by an exclusive panel of carrier-only judges including Stephen Bye, CTO and VP of Technology Development & Strategy at Sprint; Mattias Fridstrom, VP and Head of Technology at TeliaSonera Internation; Abhi Ingle, VP of Ecosystem and Innovation at AT&T; Tom Nagel, SVP of Business Development & Strategy, for Communications & Data Services at Comcast Cable; Todd Smith, Director of Media Relations at Cox Communications; and Jim Wales, Executive Director of Networks at Verizon.

“FierceMarkets publications are well known for highlighting leading technology innovators whose products shape the market, and to be recognized with top honors in the Fierce Innovations Awards is particularly exciting for the team at Redline who developed RAS,” said Rob Williams, COO and head of R&D at Redline. “Because Redline prides itself on our history of innovation and industry firsts, recognition by a panel of judges who truly understand the technology challenges of the broadband industry makes this award all the more important to us.”

To learn more about Redline’s RAS Nomadic Platform, visit http://www.rdlcom.com/en/products/ras-nomadic-platform.

About FierceMarkets
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Current publications include: Telecom: FierceBroadbandWireless; FierceCable; FierceDeveloper; FierceEnterpriseCommunications; FierceIPTV; FierceMobileContent; FierceOnlineVideo; FierceTelecom; FierceWireless; FierceWireless:Europe; Healthcare: FierceEMR; FierceHealthcare; FierceHealthFinance; FierceHealthIT; FierceHealthPayer; FierceMedicalImaging; FierceMobileHealthcare; FiercePracticeManagement; Hospital Impact; Life Sciences: FierceBiomarkers; FierceBiotech; FierceBiotechIT; FierceBiotech Research; FierceCRO; FierceDrugDelivery; FierceMedicalDevices; FiercePharma; FiercePharmaManufacturing; FierceVaccines; Energy: FierceEnergy; FierceSmartgrid; Enterprise IT: FierceBigData; FierceCIO; FierceCIO:TechWatch; FierceContentManagement; FierceMobileIT; Finance: FierceComplianceIT; FierceFinance; FierceFinanceIT; Government: FierceGovernment; FierceGovernmentIT; FierceHomelandSecurity; and FierceMobileGovernment.

About Redline Communications
Redline Communications (www.rdlcom.com) is the innovator of Virtual Fiber™, a specialized broadband wireless solution used to cost-effectively deploy and extend secure networks, enable M2M applications, connect digital oil fields and smart grids, facilitate and enhance public safety networks, and bring Internet access wherever and whenever it’s needed – regardless of terrain or how remote. For more than a decade Redline has delivered powerful, versatile and reliable wireless solutions to governments, militaries, oil and gas companies and telecom service providers through its global network of certified partners. For more information visit www.rdlcom.com.

# # #

Redline Communications
Jessi McKain
Mobility Public Relations
+1-503-946-3281
rdl@mobilitypr.com

FierceMarkets
Heather Martin
+1-202-824-5043
heather@fiercemarkets.com

Toronto, November 13, 2012 – Redline Communications Group Inc. (TSX: RDL) ("Redline" or the "Company"), a leading provider of ruggedized wireless infrastructure systems, today reported financial results for the three and nine month periods ended September 30, 2012.

Financial Summary for the three months ended September 30, 2012 (Q3 2012)

• $15.0M Bookings¹, up 24% from Q2 2012
• $6.5M Shipments¹, down 36% from Q2 2012
• $16.1M Order Backlog¹, up 108% from Q2 2012
• $8.1M Total Revenue, down 41% over same period last year due to completion of RedMAX deferred revenue period, core BWI revenue up 8%
• $6.0M Operating Expenses, an 18% improvement over the same period last year
• ($1.0M) Adjusted EBITDA², down from $1.5M over the same period last year
• Subsequent to Q3 2012, finalized a Cdn. $10.0 million credit facility with HSBC Bank Canada
• Subsequent to Q3 2012, amended loan agreement with the Ontario Ministry of Economic Development and Innovation reducing interest charge by $0.7 million
• Subsequent to Q3, received notice from warrant holders of their intention to exercise their warrants

Highlights for the three months ended September 30, 2012 (Q3 2012)

• Sales momentum within the Energy and Telecom sectors resulted in significant quarterly order Bookings totaling $15.0 million, up 24% over Q2 2012. Bookings included orders for two multi-million dollar projects - an oil and gas project in the Middle East and a telecom service provider project in Pakistan.
• The Company’s success in securing larger orders with delivery timeframes that often span many months has resulted in an increased order Backlog of $16.1 million, up 108% from $7.8 million in Q2 2012.
• Third quarter 2012 revenue from BWI product increased 8% over the same period last year to $7.1 million.
• The Company continues to manage operating expenses tightly, reporting a reduction of 18% to $6.0 million in the quarter as compared to the same period in 2011.
• Subsequent to the quarter end, in October 2012 Redline finalized a Cdn. $10.0 million credit facility with HSBC Bank Canada and amended their loan agreement with the Ontario Ministry of Economic Development and Innovation.
• Subsequent to the quarter end, on November 12, 2012 Redline announced that they had received confirmation from several warrant holders that they intend to exercise some of the warrants associated with the Debenture financing completed in June 2011. As a result the Company could receive up to Cdn. $13.67 million before the end of November 2012. Of the possible total, Cdn. $1.3 million has already been received.³

"The combination of a new credit facility with HSBC and the funds from the anticipated exercise of warrants will give Redline significant flexibility, allowing us to support increased growth without diluting our shareholders," said Eric Melka, Redline CEO. "We are excited about the strength of our sales pipeline and a stronger balance sheet will help us go after the larger opportunities we have identified."

Q3 Operating Highlights

• In August 2012, Redline announced the availability of the ruggedized nomadic RAS system, the first wireless broadband networking system to automatically locate, steer toward and connect to a network base station. Roving RAS-equipped rigs, vehicles and other equipment will enjoy automatic, continuous and reliable wireless connectivity even as they move from place to place across large distances.
• In September 2012, Redline received a contract representing approximately 10% of Redline’s annual revenue for 2012 with an existing American oil and gas customer for a high-capacity wireless network for communications between wells, other assets, and drilling rigs in the oilfield, and their centralized control offices in their new Oman location. The Company has been selected to be the prime contractor on this project, and, in addition to providing Redline BWI product, will be providing significant professional services.
• Also in September 2012, Redline received a large order for BWI product from an existing service provider customer in Pakistan. The customer will migrate from Redline’s WiMAX products to Redline’s BWI products, using them to deliver business access services to their more demanding customers. This solution also allows them to continue using their WiMAX spectrum with Redline’s more powerful BWI products.
• Redline continued to develop relationships with other industry leaders, joining Honeywell’s PKS Advantage™ program to demonstrate that the companies together can deliver complete, integrated M2M solutions comprised of their combined solutions for the oil and gas industry.

Q3 Financial Review
Highest Bookings to date of $15.05 million were recorded for Q3 2012 were up 24.1% over Q2 2012. Bookings were driven primarily from strong sales to the energy sector. Management estimates, based on the amount of direct business and on their knowledge of their Channel Partners’ business, that approximately 60% of Bookings in the quarter were to customers in the Energy sector. The Company continues to phase out their RedMAX product line, which represented only 11% of total product Bookings for Q3 2012.

Backlog grew quarter over quarter by 108% to $16.1 million at the end of Q3 2012 as compared to $7.75 million at the end of Q2 2012, with the growth primarily due to two significant orders received in the quarter, the larger of which (in oil and gas) is expected to be delivered over an eighteen month period, and the other (in telecom) by the end of December 2012.

Management estimates, based on the amount of direct business and on their knowledge of their Channel Partners’ business, approximately 40% of Shipments in the quarter were to customers in the Energy sector. Overall shipments decreased by 35.8% to $6.49 million for Q3 2012 as compared to $10.11 million for Q2 2012, with the decrease due to seasonality, high temperatures and holidays in both the Middle East and the Americas delaying the start of deployments.

"I am very pleased with the continued growth in Bookings, demonstrating the ongoing demand for Redline solutions worldwide," said Eric Melka, President and CEO of Redline Communications. "Our success in closing larger opportunities has significantly increased our backlog, providing improved visibility into future revenue."
BWI revenue was $7.05 million, up 7.8% from $6.54 million for the same period last year. Total Revenue for Q3 2012 was $8.15 million, down $5.54 million from $13.69 million for the same period last year. The completion of the RedMAX Amortized Deferred Revenue period at June 30, 2012 makes year over year comparisons difficult, but total RedMAX Amortized Deferred revenue for Q3 2011 was $7.15 million, and $0 for Q3 2012, accounting for the decrease in total revenue.

Overall gross margin for Q3 2012 was 56% compared to gross margins of 61% for Q3 2011. The decrease was a result of product mix. Margins on core BWI product remain high at 57%.

The Company’s commitment to managing operating costs and improving operating efficiencies has resulted in a decrease in overall operating expenses of 17.9% to $5.99 million for Q3 2012 compared to $7.29 million reported for the same period last year. Cost reductions were realized in all functional areas of the business.
Adjusted EBITDA for the three months ended September 30, 2012 was ($1.05) million, a decrease of $2.54 million over $1.49 million for the corresponding period in 2011. Lower operating costs in Q3 2012 did not fully offset lower overall revenues resulting from the completion of the amortization period of RedMAX Amortized Deferred Revenue.

The Company reported a non-cash charge of $3.71 million for Q3 2012 as compared to a non-cash gain of $0.70 million for Q3 2011. The charge in Q3 2012 relates primarily to the fair market value adjustment of the debenture and warrants associated with a private placement financing completed in June 2011, and the non-cash gain in Q3 2011 relates primarily to foreign exchange. As a result, for the third quarter of 2012, Redline realized a net Loss of $5.16 million, or ($0.55) per share fully diluted, compared to net Income of $1.80 million, or $0.20 per share fully diluted, in the same period last year.

As of September 30, 2012 the Company had $0.75 million of cash as compared to $4.65 million as at December 31, 2011.

Subsequent to the end of Q3 2012, the Company delivered on its commitment to leverage its working capital, closing a Cdn. $10.0 million line of credit with HSBC. They also received exercise notices from several warrant holders indicating that a number of warrants associated with the Debenture financing of June 2011 would be exercised. The Company has also received preliminary indications that other non-insiders may be exercising their warrants shortly, and has been informed that certain insiders would be exercising some of their warrants once the Company’s blackout period has been lifted. Assuming that all these warrants are exercised, a total of 3,755,705 warrants of the 4,497,281 total outstanding warrants would be exercised for a total aggregate consideration of approximately Cdn. $13.67 million.

Conference Call and Webcast – November 13, 2012 at 8:00 a.m. EDT
A conference call and webcast to discuss the results will be held November 13, 2012 at 8:00 a.m. EDT. To participate in the conference call, please dial 1-647-427-7450 or 1-888-231-8191 approximately 10 minutes before the conference call, and provide passcode 59506212. A recording of the call will be available through November 20, 2012. Please dial 1-416-849-0833 or 1-855-859-2056 and enter passcode 59506212 to listen to the rebroadcast. A webcast of the call will also be available on Redline’s website at http://www.rdlcom.com/en/about/investors/webcasts.

About Redline Communications
Redline Communications (www.rdlcom.com) is the innovator of Virtual Fiber™, a rugged broadband wireless solution used to cost-effectively deploy and extend secure networks, enable machine-to-machine (M2M) applications, connect digital oil fields and smart grids, facilitate and enhance public safety networks, and bring Internet access wherever and whenever it's needed – regardless of terrain or remote location. For more than a decade Redline has delivered powerful, versatile and reliable wireless systems to governments, militaries, oil and gas companies and telecom service providers through its global network of certified partners.

###

Company Contacts:

George Kypreos
Chief Financial Officer
+1.905.479.8344
gkypreos@rdlcom.com

Lynda Partner
Corporate Communications
+1-613-618-3200
lpartner@rdlcom.com

Cory Pala
Investor Relations
+1-416-657-2400
Cory.Pala@evestor.com

NOTES:

• All amounts reported in this press release are in US dollars unless otherwise stated. To better assess the health and growth of the Redline’s business, the Company reports on several key metrics, including "Orders or Bookings", "Shipped or Shipments", "Backlog", "EBITDA" and "Amortized Deferred Revenue". Further information including definitions of these categories can be found in the Company’s Management Discussion and Analysis for the three and nine months ended September 30, 2012, copies of which are available on SEDAR at www.sedar.com. Further details on the three and nine month results ended September 30, 2012 can be found in the condensed consolidated interim statement of financial position, condensed consolidated interim statement of comprehensive income, condensed consolidated interim statement of changes in equity and condensed consolidated interim statement of cash flows reproduced at the end of this press release. The selected financial information included in this release is qualified in its entirety by, and should be read together with the Condensed Consolidated Interim Financial Statements of the Company for the three and nine months ended September 30, 2012 and MD&A for the same time period.
• The term Adjusted EBITDA refers to Profit before deducting share-based payment expense, finance expense, foreign exchange gain (loss), FMV gain (loss) on debenture, depreciation and income taxes. Adjusted EBITDA margin refers to the percentage that Adjusted EBITDA for any period represents as a portion of total revenue for that period. We believe that Adjusted EBITDA and Adjusted EBITDA margin are useful supplemental information as they provide an indication of the results generated by the Company’s main business activities prior to taking into consideration how those activities are financed and taxed and also prior to taking into consideration share-based payment expense and the other items listed above. Accordingly, we believe that these measures may also be useful to investors in enhancing their understanding of the Company’s operating performance. See ?Results of Operations – Adjusted EBITDA.
• While the Company has no reason to believe that the warrants referred to in this release will not be exercised, until Redline has received all exercise forms and associated payments, there can be no assurance that they will.

Forward Looking Statements
Certain statements in this release may constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws. In some cases, forward-looking statements can be identified by terms such as "could", "expect", "may", "will", "anticipate", "believe", "intend", "estimate", "plan", "potential", "project" or other expressions concerning matters that are not historical facts. Readers are cautioned not to place undue reliance upon any such forward-looking statements.

Such forward-looking statements are not promises or guarantees of future performance and involve both known and unknown risks and uncertainties that may cause the actual results, performance, achievements or developments of Redline to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. Forward-looking statements, by their nature, are based on certain assumptions regarding expected growth, management’s current plans, estimates, projections, beliefs, opinions and business prospects and opportunities (collectively, the "Assumptions"). While the Company considers these Assumptions to be reasonable, based on the information currently available, they may prove to be incorrect.

Many risks, uncertainties and other factors could cause the actual results of Redline to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. These risks, uncertainties and other factors include but are not limited to the following: significant competition, competitive pricing practices, cautious capital spending by customers, industry consolidations, rapidly changing technologies, evolving industry standards, frequent new product introductions, short product life cycles and other trends and industry characteristics affecting the telecommunications industry; any material, adverse effects on Redline's performance if its expectations regarding market demand for particular products prove to be wrong; any negative developments associated with Redline's suppliers and contract manufacturing agreements including the Company's reliance on certain suppliers for key components; potential penalties, damages or cancelled customer contracts from failure to meet delivery and installation deadlines and any defects or errors in Redline's current or planned products; fluctuations in foreign currency exchange rates; potential higher operational and financial risks associated with Redline's efforts to expand internationally; a failure to protect Redline's intellectual property rights, or any adverse judgments or settlements arising out of disputes regarding intellectual property; changes in regulation of the wireless industry or other aspects of the industry; any failure to successfully operate or integrate strategic acquisitions, or failure to consummate or succeed with strategic alliances; and Redline's potential inability to attract or retain the personnel necessary to achieve its business objectives or to maintain an effective risk management strategy (collectively, the "Risks"). For additional information on these Risks, see Redline's most recently filed Annual Information Form ("AIF") and Annual MD&A, which are available on SEDAR at www.sedar.com and on the Company's website at www.redlinecommunications.com. Redline assumes no obligation to update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by law. All forward looking statements contained in this release are expressly qualified in their entirety by this cautionary statement.

TORONTO, November 12, 2012

Redline has also received preliminary indications that other non-insiders might be exercising their warrants shortly. In addition, Redline has been informed that certain insiders would be exercising some of their warrants once the Company’s blackout period has been lifted. Assuming that all these additional warrants are exercised an additional 2,874,184 common shares would be issued for an additional aggregate consideration of approximately $9.99 million.

These warrants represent some of the “first warrants” and “second warrants” issued as part of the Company’s private placement announced in April 2011. The warrants have previously been reported in the Company’s financial statements and management discussion and analysis and as a result, the total potential diluted common shares outstanding have not changed as a result of this warrant exercise. The exercise price was $2.30 per share in the case of the first warrants and $4.60 per share in the case of the second warrants.

While the Company has no reason to believe that the additional warrants referred to above will not be exercised, until Redline has received all exercise forms and associated payments, there can be no assurance that they will. The Company will provide additional information in due course.

About Redline Communications
Redline Communications (www.rdlcom.com) the innovator of Virtual Fiber™, a specialized wireless broadband system used by companies and governments worldwide to cost-effectively deploy distributed services and applications. Redline Virtual Fiber™ solutions are used to facilitate and enhance public safety networks, deploy and extend secure networks, connect digital oil fields and smart grids, and bring dedicated Internet access wherever and whenever it’s needed. Redline has been delivering powerful, versatile and reliable wireless systems to governments, the military, oil and gas, and the telecom industry for over a decade through its global network of certified partners. For more information visit www.rdlcom.com.

TORONTO, Nov. 6, 2012

"On this call we will discuss our recent sales momentum and record third quarter Bookings of approximately $15 million, substantially higher than any prior quarter," said Eric Melka, CEO of Redline Communications. "Based on our preliminary review of Q3 results, we expect a significant increase in our order Backlog, from $7.8 million at the end of Q2 to approximately $16 million at the end of Q3, and we expect our Q3 revenues to be in line with expectations at approximately $8 million."

The Company noted that these 2012 third quarter results are preliminary and therefore subject to the completion of its customary quarterly closing and review procedures, as well as a review by the Company's independent registered public accounting firm.

To participate in the conference call, please dial 1-647-427-7450 or 1-888-231-8191 approximately 10 minutes before the conference call, and provide passcode 59506212. A recording of the call will be available through November 20, 2012. Please dial 1-416-849-0833 or 1-855-859-2056 and enter passcode 59506212 to listen to the rebroadcast. A webcast of the call will also be available on Redline’s website at http://www.rdlcom.com/en/about/investors/webcasts.

Note: All amounts reported in this press release are in US dollars unless otherwise stated. To better assess the health and growth of the Redline’s business, Redline reports on several key metrics, including “Orders or Bookings”, “Shipped or Shipments” and “Backlog.” Definitions of these categories can be found in Redline’s Management Discussion and Analysis, copies of which are available on SEDAR at www.sedar.com.

About Redline Communications
Redline Communications (www.rdlcom.com) the innovator of Virtual Fiber™, a specialized wireless broadband system used by companies and governments worldwide to cost-effectively deploy distributed services and applications.  Redline Virtual Fiber™ solutions are used to facilitate and enhance public safety networks, deploy and extend secure networks, connect digital oil fields and smart grids, and bring dedicated Internet access wherever and whenever it’s needed. Redline has been delivering powerful, versatile and reliable wireless systems to governments, the military, oil and gas, and the telecom industry for over a decade through its global network of certified partners. For more information visit www.rdlcom.com.

###

Redline Contacts

Lynda Partner
Corporate Communications
+1-613-618-3200
lpartner@rdlcom.com

George Kypreos
Chief Financial Officer
+1-905-479-8344
gkypreos@rdlcom.com

Cory Pala
Investor Relations
+1-416-657-2400
cory.pala@evestor.com

TORONTO – October 9, 2012 - Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), a leading provider of broadband wireless solutions for machine-to-machine (M2M) communications, today announced that they have finalized a $10 million credit facility with HSBC Bank Canada (“HSBC”) and have amended their loan agreement maturing in 2019 with the Ontario Ministry of Economic Development and Innovation (“MEDI”). These new banking arrangements will provide short and longer term funding to the Company to allow for continued growth by leveraging working capital without diluting Company shareholders.

“Our new relationship with HSBC allows us to pursue our growth strategies,” said Eric Melka, Redline’s chief executive officer. “This flexibilty is particularly important in the fast-growing energy market where our successes have been with multi-million dollar projects where increased flexibility in working capital is required. We are delighted to be working with HSBC, the right choice for Redline because of the good fit with our global business.”

Under the new banking arrangements, HSBC will provide a $10 million revolving demand credit facility at prime plus 1.5 percent. The availability under the revolving facility is subject to certain borrowing base calculations based on accounts receivable. The maximum draw on the revolver, currently $7M, will expand to $10M when fiscal year reporting supports performance expectations. HSBC will also provide treasury management solutions for Redline.

The Company’s pre-existing arrangement with MEDI has been amended to give HSBC a first ranking on accounts receivable and forgive certain interest charges in exchange for a $750 thousand principle repayment by the Company at closing and a $500 thousand principle repayment in July 2014. Interest on the MEDI loan is at 4.15 percent.

“Our partnership with MEDI is strong and we very much appreciate their guidance, assistance and commitment to technology,” added Melka. “Their program and team have allowed us to accelerate our product development activities through what was a pivotal turnaround period for the Company and we thank them for their continued support.”

About Redline Communications

Redline Communications (www.rdlcom.com) is the innovator of Virtual Fiber™, a specialized broadband wireless solution used to cost-effectively deploy and extend secure networks, enable M2M applications, connect digital oil fields and smart grids, facilitate and enhance public safety networks, and bring Internet access wherever and whenever it’s needed – regardless of terrain or how remote. For more than a decade Redline has delivered powerful, versatile and reliable wireless solutions to governments, militaries, oil and gas companies and telecom service providers through its global network of certified partners. For more information visit www.rdlcom.com.

Toronto, August 14, 2012 – Redline Communications Group Inc. (TSX: RDL) (“Redline” or the “Company”), a leading provider of ruggedized wireless infrastructure systems, today reported financial results for the three and six month periods ended June 30, 2012.

Financial Summary for the three months ended June 30, 2012

• $12.1M Bookings², slightly ahead of strong Q1 2012 Bookings
• $10.1M Shipments, up 16% over Q1 2012
• $7.8M Order Backlog, up 25% over Q1 2012
• $17.4M Revenue, up 37% over same period last year
• $6.3M Operating Expenses, a 5% improvement over the same period last year
• $3.9M Adjusted EBITDA¹, up 168% over the same period last year
• $7.8M Net Profit compared to $0.06M in the same period last year
• EPS of $0.08 on a fully diluted basis

Financial Highlights for the three months ended June 30, 2012

• Strong demand for the core Broadband Wireless Infrastructure (“BWI”) product line helped the Company secure record Bookings totaling $12.1 million in the quarter. These Bookings were driven primarily from sales to the energy sector, including several large oil and gas projects in North America and the Middle East.
• The Company’s flagship BWI product line accounted for 78% of new product orders in the quarter as the Company continued to de-emphasize its WiMAX™ business.
• The Company finished the quarter with a Backlog of orders totalling $7.75 million, an increase of 25% over the Backlog at March 31, 2012.
• Gross margin in the first quarter improved to 57% from 52% reported in the first quarter of 2012.
• The Company continues to deliver on its plan to reduce operating expenses, reporting a reduction of 5.1% to $6.35 million in the quarter as compared to the same period in 2011.
• Adjusted EBITDA, was $3.91 million, an increase of 168% from adjusted EBITDA of $1.46 million for the same period in 2011.

Operating Highlights for the three months ended June 30, 2012

• Redline received and shipped a $2-million order for its rugged industrial wireless system to a major oil and gas company, providing high-capacity, high-availability communications between the company’s US-based drilling rigs and centralized control offices.
• Redline announced that their rugged industrial wireless products were chosen to create a wireless infrastructure for a major oil field operated by the Abu Dhabi Company for Onshore Oil Operations (ADCO) in the United Arab Emirates. Redline’s systems integrator Alcatel-Lucent (ALU) will deliver the complete and integrated digital oil field system.
• Redline advanced in the Cisco Developer Network as a solution developer within the wireless and mobility technology categories and Redline’s RDL-3000 system has successfully completed interoperability testing with Cisco Access Points.
• The Company announced the availability of Enterprise, a new compact carrier-grade wireless networking solution with the fastest bi-directional wireless broadband capacity in the industry.
• Subsequent to the end of the quarter, Redline completed a 1:4 share consolidation effective July 13, 2012.

Financial Details

Strong demand for Redline’s core Broadband Wireless Infrastructure (“BWI”) product line helped the Company secure Bookings totaling $12.1 million for a second quarter in a row. These Bookings were driven primarily from sales to the energy sector, including several large oil and gas projects in the both the Middle East and North America. The Company’s flagship BWI product line accounted for 78% of new product Bookings in the quarter as the Company continued to de-emphasize its lower margin legacy RedMAX™ WiMAX business. The Company finished the quarter with a Backlog of orders totaling $7.8 million, up 25% from $6.2 million recorded at the end of the first quarter 2012.

“I am very pleased with this solid quarter. We had strong Bookings once again, and our Backlog has grown to nearly $8 million.” said Eric Melka, President and CEO of Redline Communications. “We’ve been winning larger deals with new and existing oil & gas customers. These typically have longer roll-out periods, so our Backlog has increased along with our Revenues. This increase in Backlog also provides better visibility into future Revenue.”

Shipments for the second quarter were $10.1 million, up 16% over the $8.7 million reported in the first quarter 2012. BWI product accounted for 87% of total product shipments compared with 77% for the first quarter 2012. The portion of BWI product shipped to customers within the Energy sector increased to approximately 50% from approximately 40% for the first quarter of 2012.

Total revenue for the second quarter 2012 was $17.4 million, an increase of 37% from $12.7 million in the same period in 2011. Revenue from BWI product and services was $7.8 million, an increase of 25% from $6.3 million in the same period in 2011. Revenue from RedMAX product and services was $9.6 million of which $1.3 million was new RedMAX revenue and the balance was Amortized Deferred revenue¹. The second quarter of 2012 is the final amortization period for RedMAX deferred revenue. The amortized amounts will remain in prior reported revenues for comparative purposes however there will be no such ongoing amortization as the revenue has now been fully amortized. Further detail can be found in the Company’s MD&A filed with SEDAR.

Overall Gross Margins on Revenue were 56.8% for the second quarter 2012, up 4.9 points from the first quarter of 2012, and down 2.8 points from the same period last year as a result of expected fluctuations in revenue mix. Gross margins on core BWI product revenue remained very strong at 67% for the second quarter 2012.

Operating expenses for the second quarter of 2012 were $6.4 million, down 5% from $6.7 million reported in the second quarter of 2011. Reductions in legal and accounting expenses related to the now-settled class action lawsuit and the completion of the Company’s conversion to IFRS accounted for the majority of the savings.

Higher revenues and lower operating costs have resulted in increases in adjusted EBITDA¹, for both the three and six months ended June 30, 2012. Adjusted EBITDA for second quarter 2012 was $3.9 million, a 168% increase over adjusted EBITDA of $1.5 million for the same period in 2011.

Redline reported a non-cash gain of $4.0 million for the second quarter, related to the June 30, 2012 fair market valuation of the debenture and warrants associated with the private placement completed in June 2011. This compares to a non-cash charge of $0.6 million in the second quarter 2011, also related to the fair market value calculation of the debenture. Redline realized a Net Profit of $7.8 million for the second quarter of 2012, compared to $0.06 million in the same period last year.

“We continue to focus on cost management, positive earnings and cash generation.” said Melka. “Our costs continue to decrease, we reported an EBITDA of 22% of revenue, and we generated cash from earnings which has been used for working capital to accommodate our growing revenues. We are currently exploring with our financial partners how to best leverage this working capital.”

At June 30, 2012, Redline held cash and short-term investments of approximately $2.3 million compared to $4.7 million at December 31, 2011.

Conference Call and Webcast –10:00 a.m. EDT

A conference call and webcast to discuss the results will be held August 15, 2012 at 10:00 a.m. EDT. To participate in the conference call, please dial 1-647-427-7450 or 1-888-231-8191 approximately 10 minutes before the conference call, and provide passcode 14614310.

A recording of the call will be available through August 22, 2012. Please dial 1-416-849-0833 or 1-855-859-2056 and enter passcode 14614310 to listen to the rebroadcast. A webcast of the call will also be available on Redline’s website at http://www.rdlcom.com/en/about/investors/webcasts.

About Redline Communications

Redline Communications (www.rdlcom.com) is the innovator of Virtual Fiber™, a rugged broadband wireless solution used to cost-effectively deploy and extend secure networks, enable machine-to-machine (M2M) applications, connect digital oil fields and smart grids, facilitate and enhance public safety networks, and bring Internet access wherever and whenever it's needed – regardless of terrain or remote location. For more than a decade Redline has delivered powerful, versatile and reliable wireless systems to governments, militaries, oil and gas companies and telecom service providers through its global network of certified partners.

###

Company Contacts:

George Kypreos
Chief Financial Officer
gkypreos@rdlcom.com

Lynda Partner
Corporate Communications
+1.613.618.3200
lpartner@rdlcom.com

Cory Pala
Investor Relations
+1.416.657.2400
Cory.Pala@evestor.com

NOTES:

The term Adjusted EBITDA refers to Profit before deducting share-based payment expense, finance expense, foreign exchange gain (loss), FMV gain (loss) on debenture, depreciation and income taxes. Adjusted EBITDA margin refers to the percentage that Adjusted EBITDA for any period represents as a portion of total revenue for that period.   We believe that Adjusted EBITDA and Adjusted EBITDA margin are useful supplemental information as they provide an indication of the results generated by the Company’s main business activities prior to taking into consideration how those activities are financed and taxed and also prior to taking into consideration share-based payment expense and the other items listed above. Accordingly, we believe that these measures may also be useful to investors in enhancing their understanding of the Company’s operating performance. See ?Results of Operations – Adjusted EBITDA.

All amounts reported in this press release are in US dollars unless otherwise stated. To better assess the health and growth of the Redline’s business, the Company reports on several key metrics, including “Orders or Bookings”, “Shipped or Shipments”, “Backlog”, “EBITDA” and “Amortized Deferred Revenue”. Further information including definitions of these categories can be found in the Company’s Management Discussion and Analysis for the three and six months ended June 30, 2012 (“Q2 and First Half 2012 MD&A”), copies of which are available on SEDAR at www.sedar.com. Further details on the three and six month results ended June 30, 2012 can be found in the condensed consolidated interim statement of financial position, condensed consolidated interim statement of comprehensive income, condensed consolidated interim statement of changes in equity and condensed consolidated interim statement of cash flows reproduced at the end of this press release. The selected financial information included in this release is qualified in its entirety by, and should be read together with the Condensed Consolidated Interim Financial Statements of the Company for the three and six months ended June 30, 2012 and the Q2 and First Half 2012 MD&A.

Forward Looking Statements

Certain statements in this release may constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws. In some cases, forward-looking statements can be identified by terms such as “could”, “expect”, “may”, “will”, “anticipate”, “believe”, “intend”, “estimate”, “plan”, “potential”, “project” or other expressions concerning matters that are not historical facts. Readers are cautioned not to place undue reliance upon any such forward-looking statements.

Such forward-looking statements are not promises or guarantees of future performance and involve both known and unknown risks and uncertainties that may cause the actual results, performance, achievements or developments of Redline to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. Forward-looking statements, by their nature, are based on certain assumptions regarding expected growth, management’s current plans, estimates, projections, beliefs, opinions and business prospects and opportunities (collectively, the “Assumptions”). While the Company considers these Assumptions to be reasonable, based on the information currently available, they may prove to be incorrect.

Many risks, uncertainties and other factors could cause the actual results of Redline to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. These risks, uncertainties and other factors include but are not limited to the following: significant competition, competitive pricing practices, cautious capital spending by customers, industry consolidations, rapidly changing technologies, evolving industry standards, frequent new product introductions, short product life cycles and other trends and industry characteristics affecting the telecommunications industry; any material, adverse affects on Redline's performance if its expectations regarding market demand for particular products prove to be wrong; any negative developments associated with Redline's suppliers and contract manufacturing agreements including the Company's reliance on certain suppliers for key components; potential penalties, damages or cancelled customer contracts from failure to meet delivery and installation deadlines and any defects or errors in Redline's current or planned products; fluctuations in foreign currency exchange rates; potential higher operational and financial risks associated with Redline's efforts to expand internationally; a failure to protect Redline's intellectual property rights, or any adverse judgments or settlements arising out of disputes regarding intellectual property; changes in regulation of the wireless industry or other aspects of the industry; any failure to successfully operate or integrate strategic acquisitions, or failure to consummate or succeed with strategic alliances; and Redline's potential inability to attract or retain the personnel necessary to achieve its business objectives or to maintain an effective risk management strategy (collectively, the "Risks"). For additional information on these Risks, see Redline's most recently filed Annual Information Form ("AIF") and Annual MD&A, which are available on SEDAR at www.sedar.com and on the Company's website at www.redlinecommunications.com. Redline assumes no obligation to update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by law. All forward looking statements contained in this release are expressly qualified in their entirety by this cautionary statement.

Innovative RAS Smart Antenna System delivers industry-leading wireless throughput and reliability for nomadic applications

TORONTO – August 6, 2012 – Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), a leading provider of broadband wireless solutions for industrial machine-to-machine (M2M) communications, today announced the availability of the RAS Smart Antenna System. The solid state RAS is the first wireless broadband networking system that instantly locates, steers toward and connects to a network base station, automatically establishing reliable high speed connectivity to and from roving assets.

RAS – which stands for Rapid Auto Steering – brings a 360 degree field of view to the Redline RDL-3000 broadband wireless system, extending its use to include nomadic applications. Roving RAS-equipped rigs, vehicles and other equipment enjoy automatic, continuous and reliable wireless connectivity even as they move from place to place across large distances in rugged terrain and harsh environments.

The revolutionary RAS combines a unique antenna design with a newly engineered intelligent sensing system integrated into the RDL-3000. These features allow the RAS to automatically locate the closest base station, which might be many kilometers away, then use automatic beam forming and interference mitigation technology to establish and maintain wireless connections with speeds as fast as 100 Mbps.

The RAS system was engineered for the unique networking requirements of operating in remote areas, as commonly found in oil and gas, military, and utility applications. Its solid state antenna was specifically developed to eliminate moving parts, enhancing its ability to withstand shock, extended periods of vibration and almost any weather condition. Requiring no special training to operate, the RAS system enables multiple applications from a single vehicle or rig, including real-time M2M communications, SCADA, high resolution video, Wi-Fi, telephony and backhaul services.

“We engineered RAS to be as simple to use as a mobile phone – you just turn it on and it works,” said Leigh Chang, associate vice president of product management at Redline Communications. “This zero-touch operation is truly unique, allowing system users to focus on their work, not on setting up a network. Fully solid state with no moving parts, RAS not only instantly and automatically establishes the best possible connection, it auto-provisions itself, setting the appropriate security and quality of service (QoS) for myriad applications ranging from M2M to video, data and voice.”

Other mobile networking options take significant time to setup and require specialized IT skills and training to operate. Omni directional antennas, such as those used in Wi-Fi access points, broadcast radio signals in all directions at once, limiting their range and creating uncontrolled RF interference. Costly Satellite-based connectivity not only requires more time and special training for setup and operation, its substantial latency makes it unsuitable for real-time applications. With high throughput, self-steering/self-aligning operation, a focused beam across a range exceeding 10 kilometers and low latency operation, RAS easily overcomes all competitive shortcomings.

Already shipping to oilfield operations around the world, RAS is now available globally. RAS is a member of Redline’s RDL-3000 family of Virtual Fiber™ wireless broadband systems and complies with all important connectivity standards. For more information visit www.rdlcom.com.

About Redline Communications
Redline Communications (www.rdlcom.com) is the innovator of Virtual Fiber™, a specialized broadband wireless system used to cost-effectively deploy and extend secure networks, enable M2M applications, connect digital oil fields and smart grids, facilitate and enhance public safety networks, and bring Internet access wherever and whenever it’s needed – regardless of terrain or how remote. For more than a decade Redline has delivered powerful, versatile and reliable wireless solutions to governments, militaries, oil and gas companies and telecom service providers through its global network of certified partners. For more information visit www.rdlcom.com.

To participate in the conference call, please dial 1.647.427.7450 or 1.888.231.8191 approximately 10 minutes before the conference call, and provide passcode 14614310. A recording of the call will be available through August 22, 2012. Please dial 1.416.849.0833 or 1.855.859.2056 and enter passcode 14614310 to listen to the rebroadcast. A webcast of the call will also be available on Redline’s website at http://www.rdlcom.com/en/about/investors/webcasts.

About Redline Communications

Redline Communications (www.rdlcom.com) is the innovator of Virtual Fiber™, a rugged broadband wireless solution used to cost-effectively deploy and extend secure networks, enable machine-to-machine (M2M) applications, connect digital oil fields and smart grids, facilitate and enhance public safety networks, and bring Internet access wherever and whenever it's needed – regardless of terrain or remote location. For more than a decade Redline has delivered powerful, versatile and reliable wireless systems to governments, militaries, oil and gas companies and telecom service providers through its global network of certified partners.

###

For more information, please contact:  
Cory Pala, Investor Relations
416.657.2400 | Cory.Pala@evestor.com

Toronto, July 13, 2012.

The Company’s shareholders approved the share consolidation at the Company's annual and special meeting of shareholders held on June 28, 2012. All materials necessary to effect the share consolidation have been filed with the TSX.

Letters of transmittal describing the details of the share consolidation and the process by which shareholders obtain actual share certificates representing the consolidated common shares will be mailed out to registered shareholders of the Company later today. Registered shareholders may also obtain copies of the letter of transmittal by contacting their brokers or other intermediary or the Company's transfer agent, Computershare Investor Services Inc.

Shareholders who hold their shares through their broker or other intermediary and do not have actual share certificates registered in their name will not be required to complete and return a letter of transmittal. Any pre-consolidation common shares owned by such shareholders will automatically be adjusted as a result of the share consolidation to reflect the applicable number of post-consolidation common shares owned by them and no further action is required to be taken by such shareholders. If as a result of the consolidation a shareholder becomes entitled to a fractional share, such fractions will be rounded down to the nearest whole common share.

About Redline Communications
Redline Communications (www.rdlcom.com) is the innovator of Virtual Fiber™, a rugged broadband wireless solution used to cost-effectively deploy and extend secure networks, enable machine-to-machine (M2M) applications, connect digital oil fields and smart grids, facilitate and enhance public safety networks, and bring Internet access wherever and whenever it's needed – regardless of terrain or remote location. For more than a decade Redline has delivered powerful, versatile and reliable wireless systems to governments, militaries, oil and gas companies and telecom service providers through its global network of certified partners.

Toronto, May 15, 2012 – Redline Communications Group Inc. (TSX: RDL) (“Redline” or the “Company”), a leading provider of ruggedized wireless infrastructure systems, today reported first quarter financial results for the three months ended March 31, 2012.

Financial Highlights

• $12.5 million Total Revenue
• $8.7 million Shipments
• $12.1 million new Orders
• Backlog increases to $5.0 million
• 61% Gross Margin on BWI Product Shipments
• Operating Expenses drop 10 percent
• Adjusted EBITDA¹, of $0.7 million
• Non-cash FMV expense against earnings of $6.61 million due to Debenture
• Net profit of $55 thousand excluding non-cash FMV charge

Operating Highlights

• The Company received a contract to expand a wireless video surveillance network in the City of Cancún, México. Redline outdoor broadband wireless equipment provides machine-to-machine connectivity between cameras located throughout the city and the central automated monitoring center.
• The Company announced that, after demonstrating successful operation in a rigorous competitive trial, Redline products were selected by GCI Industrial Telecom ("GCI") for an arctic deployment on Alaska's North Slope. The Company successfully demonstrated that its rugged networking infrastructure equipment operates flawlessly in temperatures as low as -40 degrees Fahrenheit.
• The Company received and shipped a large BWI product order to complete a major expansion of its network with Shell Oil in a larger second phase of a major wireless project for Shell Oil joint venture Petroleum Development Oman LLC (PDO). This expansion follows the successful deployment of a wireless infrastructure network supporting over 2,000 of 5,000 oil wells on the PDO field. The PDO oil field covers 28,000 square miles of desert, requiring Redline’s rugged, resilient and reliable equipment.

To better assess the health and growth of the Redline’s business, the Company reports on several key metrics, including “Orders or Bookings”, “Shipped or Shipments” and “Backlog”. Definitions of these categories can be found in the Company’s Management Discussion and Analysis for the quarter ended March 31, 2012 (“Q1 2012 MD&A”), copies of which are available on SEDAR at www.sedar.com.

Strong demand for the core Broadband Wireless Infrastructure (“BWI”) product line helped the Company secure Bookings totaling $12.1 million in the quarter. These Bookings were driven primarily from sales to the energy sector, including several large oil and gas projects in the Middle East and North America. The Company’s flagship BWI product line accounted for 81 percent of new product Bookings in the quarter as the Company continued to de-emphasize its lower margin legacy RedMAX™ WiMAX business.

The Company also recorded $2.2 million in new Booked Maintenance & Support contracts, an important contributor to the Company’s goal of growing its recurring revenue. The Company finished the quarter with a Backlog of orders totaling $5.0 million.

Shipments in the quarter were $8.7 million. BWI product accounted for 77 percent of total product shipments, and Management estimates based on their knowledge of their Channel Partners’ business that over 40 percent of Shipments in the quarter went to customers in the Energy sector.

Total revenue for the first quarter of 2012 was $12.5 million, a decrease of 7.1 percent from $13.5 million in the first quarter of 2011. Included in total revenue for the reporting quarter was $4.7 million of amortized deferred revenue and current product revenue of $7.8 million, as compared to $4.7 million of amortized deferred revenue and $8.8 million of current product revenue in the first quarter of 2011. Lower current product revenue in the first quarter of 2012 was primarily a result of revenue recognition timing. Approximately $1.8 million of revenue projected for the first quarter of 2012 was shipped and recognized in the fourth quarter of 2011, and in the first quarter of 2012, $2.1 million of products were shipped in the first quarter but not recognized as they are pending final customer project acceptance.

Gross margin on shipments of the Company’s core BWI product line were 65 percent while RedMAX gross margins were 48 percent. Gross Margins for Professional Service and Other revenues were 35 percent, in-line with the industry average. This high percentage of lower margin revenue contributed to a lower overall margin of 52 percent on total revenue, which was down from 62 percent in the first quarter of 2011. Management anticipates that, based on current Bookings and Backlog, gross margins will increase in 2012.

The Company successfully delivered on its plan to reduce operating expenses, reporting a reduction of 10.2 percent from the same period last year to $6.1 million. The decrease reflects Management’s commitment to cost containment and improved operating efficiencies including the implementation of new information technology for its accounting and CRM systems.

First quarter 2012 adjusted EBITDA¹, was $0.7 million, a decrease from adjusted EBITDA of $2.0 million for the first quarter of 2011. The decrease was a direct result of less recognizable revenue in the quarter, as well as the reduced overall gross margin due to revenue mix.

“I am excited about our business and the strength of our Bookings in Q1 2012. Our high margin BWI product represented over 80 percent of total product Bookings thanks to the ongoing execution of our plan to deliver machine-to-machine solutions to the Energy sector,” said Eric Melka, Redline’s CEO. ”Looking forward, with our strong product margins, a continued shift in product mix to higher BWI product contribution, and our ongoing tight control of operating expenses, we expect cash flow and EBITDA to improve throughout 2012.”

In June 2011, the Company completed a private placement of Cdn. $8.3 million debentures. The debentures have multiple derivatives including: the remaining unconverted principal, interest payable in shares, and warrants all of which were “in-the-money” on March 31^st, 2011. The fair market value (“FMV”) of the debenture including its multiple derivatives was significantly higher at the end of the first quarter largely due to the Company’s share price increasing from Cdn. $0.65 at December 31, 2011 to Cdn. $1.20 at March 31, 2012. This increase in FMV triggered a non-cash expense against earnings of $6.61 million.

At March 31, 2012, Redline held cash and short-term investments of approximately $3.4 million compared to $4.7 million for the same period last year. $12.3 million of total deferred revenue remained on the balance sheet at March 31^st 2012, a decrease from $16.5 million at December 31, 2011.

All amounts reported in this press release are in US dollars unless otherwise stated. For further details on the March 31, 2012 results, see the condensed consolidated interim statement of financial position, condensed consolidated interim statement of comprehensive income, condensed consolidated interim statement of changes in equity and condensed consolidated interim statement of cash flows reproduced at the end of this press release. The selected financial information included in this release is qualified in its entirety by, and should be read together with the Condensed Consolidated Interim Financial Statements of the Company for the quarter ended March 31, 2012 and the Company’s Management Discussion and Analysis for the quarter ended March 31, 2012 (“Q1 2012 MD&A”), copies of which are available on SEDAR at www.sedar.com.

Conference Call and Webcast – May 16, 11:00 a.m. eastern

A conference call and webcast to discuss the results will be held tomorrow, May 16, 2012, at 11:00 a.m. EDT. To participate in the conference call, please dial 1-647-427-7450 or 1-888-231-8191 approximately 10 minutes before the conference call, and provide passcode 75786798.

A recording of the call will be available through May 23, 2012. Please dial 1-416-849-0833 or 1-855-859-2056 and enter passcode 75786798 to listen to the rebroadcast. A webcast of the call will also be available on Redline’s website at http://www.rdlcom.com/en/about/investors/webcasts.

About Redline Communications

"Continuous growth and innovation are key ingredients to success in the wireless industry, and our staying power on this Top 10 list is testimony to our team's abilities and commitment," said Eric Melka, CEO of Redline Communications. "We're looking forward to even more growth this year as we move more aggressively into the emerging machine-to-machine marketplace."

Redline's appearance on the 2012 Branham Group list caps off a year of big achievements for Redline, including:

• Deployed major digital oil field projects in the Middle East and North America
• Provided secure wireless connectivity public safety operations at a G-20 Summit
• Delivered public safety wireless solutions to more than 25 Mexican municipalities
• Expanded into new geographies by partnering with PromonLogicalis for South America, and with Plessey for greater coverage of the African market
• Opened a new branch office and warehouse facility in Dubai, UAE to expand existing presence in the Middle East, a key growth market; also signed a strategic partnership agreement with Waseela, a leading systems integrator in the region
• Selected as top pick by a high-performing small-cap mutual fund, Pender Small Cap Opportunity Fund

About the Branham300

For nearly 20 years, the Branham300 has highlighted the top Canadian and Multinational ICT companies operating in Canada, as ranked by revenues. It illustrates the depth and breadth of innovative technologies developed in Canada and is widely considered to be a leading source of intelligence on Canada's ICT industry.

The Branham300 is published annually in the April issue of Backbone Magazine (www.backbonemag.com, as well as on the Branham300 website, www.branham300.com. Keep up to date with the Branham300 and Branham Group on twitter at @branhamgroup, through Branham's Newsletter, or RSS feed.

About Branham Group Inc.

Branham Group Inc. is a leading industry analyst and strategic consulting company servicing the global information, communication, and entertainment (ICE) technology marketplace. Branham Group assists technology companies and related institutions in achieving market success through its custom consulting services (Planning, Marketing and Partnering), and through its multi-client research subscription programs (Digital Health, Green IT and Cloud). Branham also produces an annual listing of the top ICT companies in Canada (www.branham300.com) and monitors over 450 Digital Health vendors (www.branhamgroup.com/digitalhealth).

For more information regarding Branham Group, visit www.branhamgroup.com.

About Redline Communications

Redline Communications (www.rdlcom.com) is the innovator of Virtual Fiber™, a specialized broadband wireless solution used to cost-effectively deploy and extend secure networks, enable M2M applications, connect digital oil fields and smart grids, facilitate and enhance public safety networks, and bring Internet access wherever and whenever it's needed - regardless of terrain or how remote. For more than a decade Redline has delivered powerful, versatile and reliable wireless solutions to governments, militaries, oil and gas companies and telecom service providers through its global network of certified partners. For more information visit www.rdlcom.com.

After two years of significant restructuring, the Company reports that it has substantially completed a corporate turnaround.

Highlights for the full fiscal year:

• Revenue of $58.0 million, compared to $54.4 million for 2010
• Revenue includes $18.7 million of Amortized Deferred Revenue, unchanged from 2010
• 33.8% growth in core business revenues (BWI - Broadband Wireless Products and Services)
• Gross Margin increased to 58.2%, from 55.5% year over year
• 131% increase in Adjusted EBITDA¹ to $7.8 million year over year
• Operating Expenses essentially unchanged at $27.8 million
• 119% increase in Net Profit year over year
• EPS doubles to $0.19 year over year

Highlights for the fourth quarter:

• 16% increase in Revenues year over year to $18.2 million
• Revenue includes $4.7 million of Amortized Deferred Revenue, unchanged from the same quarter 2010
• 84.5% growth in BWI revenues
• Gross Margin of 52.3%
• 65% Gross Margin on BWI product revenue
• 174% increase in Adjusted EBITDA
• Operating Expenses drop 5%
• Net Profit doubled
• EPS increases to $0.05 from $0.03

“We are pleased to report that we have executed a successful turnaround, and we can now focus on growth,” said Eric Melka, CEO of Redline.  “I am pleased with our results. Our fastest growth came from the Energy sector where our innovative and rugged BWI products have generated strong interest and allowed us to acquire new customers. We plan to accelerate innovation and delivery of our ruggedized wireless solutions in the growing field of machine-to-machine (M2M) communications, a market where we see great potential. Our sales pipeline is stronger than ever and I am excited about our future.”

Throughout 2011, Redline increased emphasis on its higher margin, higher growth broadband wireless infrastructure (BWI) product line and continued to de-emphasize its lower margin RedMAX™ WiMAX business. Redline’s ruggedized BWI products are sold for industrial use in select vertical markets and currently generate over 80% of Redline’s current sales, versus approximately 55% of current sales at the end of 2010.

Total revenue for the fourth quarter of 2011 was $18.2 million, a 16% increase from the same period in 2010. Included in total revenue for the reporting quarter was $4.7 million of Amortized Deferred Revenue (revenue from RedMAX™ sales deferred from prior periods dating from 2006 to the end of the third quarter of 2009), consistent with 2010. In addition, some product orders expected in the first quarter of 2012 were shipped and recognized at the end of the fourth quarter of 2011.  Excluding amortized deferred revenue, core BWI product revenue increased 84.5% over the fourth quarter of 2010.

For the 2011 full year, total revenue was $58 million, an increase of 7% over 2010. Included in total revenue in 2011 was $18.7 million of amortized deferred revenue from prior RedMAX™ sales. A remaining balance of approximately $9 million in amortized deferred revenue from prior RedMAX™ sales will be recognized during the first half of 2012.  Excluding amortized deferred revenue, in 2011 core BWI product revenue increased 33.8% over 2010. The growth in core product revenue was primarily driven by sales in the energy sector, and in sales across all verticals in the Middle East and Mexico. 

Full year gross margins increased 2.7 percentage points to 58.2%, as compared to 55.5% for 2010, supported by an increased overall contribution of higher margin BWI products. Gross margin for the fourth quarter was 52.3% compared to 53.4% for the fourth quarter of 2010, moderately lower due to revenue mix for the reporting quarter.

2011 fourth quarter operating expenses were $7.1 million, a decrease of 5% from $7.5 million for the same period in 2010. The decrease reflects Management’s commitment to cost containment and improved operating efficiencies. Total operating expenses for the year were $27.8 million, essentially unchanged from $27.6 million in 2010.

“Our 2011 results have begun to illustrate the scalability of our business model as our sales grow faster than our expenses,” explained Mr. Melka. “In 2011 more than 90% of sales were completed through our channel partners which include value-added resellers, value-added distributors, and increasingly, large systems integrators. For many of our systems integrators, our rugged, high-bandwidth wireless technology has become the critical communications enabler for long-distance M2M communication.”

Fourth quarter adjusted EBITDA¹, was $2.9 million, an increase of 174%, compared to adjusted EBITDA of $1.1 million for the fourth quarter of 2010.  For the year ended December 31, 2011, adjusted EBITDA was $7.8 million, a 131% increase from adjusted EBITDA of $3.4 million in 2010.

Fourth quarter net Profit increased 120% to $1.1 million, or $0.05 per share, as compared to net Profit of $0.5 million, or $0.03 per share for the fourth quarter of 2010.  Net Profit in the reporting quarter included a non-cash $0.7 million charge for a mark-to-market adjustment for the Company’s debentures resulting from the increase in the share price.  As the share price has continued to increase, a charge may also be taken in the first quarter of 2012.

For the full year, Redline Communications reported net Profit of $4.1 million, or $0.19 per basic share, compared to net Profit of $1.9 million, or $0.09 per basic share, in 2010.

At December 31, 2011, Redline held cash and short-term investments of approximately $4.8 million, and working capital of $0.8 million, a substantial improvement from negative working capital of $8.7 million at December 31, 2010. $16.5 million of total deferred revenue remained on the balance sheet at the end of 2011, a decrease from $37.1 million one year prior.

2011 operating highlights included:

• Expanded Redline's wireless Virtual Fiber product line with the launch of the RDL-3000 – the world’s longest range, highest capacity Point-to-Multipoint radio.
• Announced the RDL-5000, a high-capacity, high-power, packet microwave radio platform for telecom backhaul and large enterprise connectivity, delivering throughput of up to 800 megabits per second; high-power, high-sensitivity and low latency.
• Opened a branch office/warehouse in Dubai and signed a strategic partnership agreement with Waseela, a leading systems integrator, to expand presence and better serve customers in the Middle East.
• Expanded into new geographies by partnering with PromonLogicalis for South America, and with Plessey for greater coverage of the African market.
• Deployed two new major digital oil field projects in the Middle East and North America. In addition, Redline technology now successfully enables a 45,000 Km2 coverage area for Petroleum Development (PDO) of Oman’s wireless digital oil field.
• Increased customer sales in the Middle East include revenue from telecom service providers Saudi Telecom Company (STC), Zain, Etisalat, Orascom and du – for backhaul and business access applications.
• Continued to expand the number of municipalities in Mexico who are using Redline products to provide wide-area connectivity and video surveillance coverage for public safety.

Redline also announces today that all conditions precedent have been met to the effectiveness of the settlement of the proposed class action lawsuit commenced in Ontario in September of 2010 against the Company, certain of its current and former directors and officers, and its former auditors. The settlement received court approval in November 2011 and is now final and binding. The agreement provides for the settlement, release and dismissal of all claims asserted against the Company, its former auditors and the individual proposed defendants. As previously announced, substantially all of the contribution to the settlement amount from Redline and the individual proposed defendants was funded through insurance coverage, the remaining nominal amount being funded by the Company. The settlement does not constitute any admission of liability by Redline or its officers, directors and employees.

Conference Call and Webcast
A conference call to discuss the results will be held at 11:00 a.m. EDT on Thursday, March 29, 2012. To participate, please dial 1-647-427-7450 or 1-888-231-8191 approximately 10 minutes before the conference call.  A recording of the call will be available through April 4, 2012. Please dial 1-416-849-0833 or 1-855-859-2056 and enter passcode 63005811 to listen to the rebroadcast.  A webcast of the call will also be available on Redline’s website at http://www.rdlcom.com/en/about/investors/webcasts.

The selected financial information included in this release is qualified in its entirety by, and should be read together with the Consolidated Financial Statements of the Company for the year ended December 31, 2011 and the Company’s Management Discussion and Analysis for the three and twelve month periods ended December 31, 2011 (“2011 MD&A”), copies of which are available on SEDAR at www.sedar.com.

About Redline Communications

Redline Communications (www.rdlcom.com) is the innovator of Virtual Fiber™, a rugged broadband wireless solution used to cost-effectively deploy and extend secure networks, enable machine-to-machine (M2M) applications, connect digital oil fields and smart grids, facilitate and enhance public safety networks, and bring Internet access wherever and whenever it's needed – regardless of terrain or remote location. For more than a decade Redline has delivered powerful, versatile and reliable wireless systems to governments, militaries, oil and gas companies and telecom service providers through its global network of certified partners.

¹ Adjusted EBITDA is conventionally measured as net Profit before discontinued operations, as reported in accordance with GAAP, plus interest expense, taxes, depreciation and amortization (all elements being as reported in the IFRS financial statements). Stated directly, EBITDA is the entity’s revenue less its operating costs before the costs of consuming capital assets, financing, and taxes. As such, EBITDA is a measure of Profit, specifically directed at an entity’s operating performance without the effects of its finance strategy or the recognition of certain costs for its tangible and intangible capital assets. EBITDA has application beyond financial reporting and is often the operating performance measure used in debt covenants and executive compensation plans.  For a reconciliation of EBITDA to IFRS, please see the “Results of Operations” section of the 2011 MD&A.