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Redline Comms Inc. (REDL)

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Wednesday 08 August, 2007

Redline Comms Inc.

Electronic Settlement Service

Redline Communications Inc.
08 August 2007


Immediate Release                                                  8 August 2007




                   NOT FOR DISTRIBUTION IN THE UNITED STATES


                          Redline Communications Inc.

                          ('Redline' or 'the Company')


               Redline establishes electronic settlement services


-- SIS SegaInterSettle facilitates electronic trading of the Company's shares --


TORONTO, ON - August 8, 2007 - Redline Communications, Inc. (AIM: REDL), a
leading provider of WiMAX and wireless broadband solutions today announced it
has successfully established an electronic settlement facility for the Company's
shares through SIS SegaInterSettle, the Swiss Securities Services Corporation
('SIS').


To date, holders of the Company's shares have been required to hold their shares
in paper form to ensure compliance with US Securities Laws on transfer,
specifically Regulation S ('Reg S'). With today's announcement, qualifying
shareholders will be able to de-materialise their holdings into SIS and enjoy
significantly improved settlement mechanics via the SIS SegaInterSettle service.


SIS has successfully implemented and operated a system for AIM quoted companies
which allows full compliance with the requirements of Reg S whilst enjoying the
benefits of rapid electronic evidencing and settlement without the need for
cumbersome physical certificates and legends.


About Redline Communications
Redline Communications is the leading provider of standards-based wireless
broadband solutions. Redline's RedMAXTM WiMAX Forum CertifiedTM systems and
award-winning RedCONNEXTM family of broadband wireless infrastructure products
enable service providers and other network operators to cost-effectively deliver
high-bandwidth services including voice, video and data communications. Redline
is committed to maintaining its wireless industry leadership with the continued
development of WiMAX and other advanced wireless broadband products. With more
than 35,000 installations in 75 countries, and a global network of over 100
partners, Redline's experience and expertise helps service providers,
enterprises and government organizations roll out the services and applications
that drive their business forward. For more information, visit
www.redlinecommunications.com.


                                     - 30 -


 NOTE: All registered and unregistered trademarks mentioned in this release are
                    the property of their respective owners.



For further details:

Redline Communications                                  Tel: + 1 905 479 8344
Tom Hearne, Chief Financial Officer
Carolyn Anderson, Communications Director
[email protected]

Buchanan Communications                                 Tel: +44 (0)20 7466 5000
Jeremy Garcia / James Strong / Bobby Morse
[email protected]

Canaccord Adams                                         Tel: +44 (0)20 7050 6500
Chris Bowman
Gilda Berimbau                                          Tel: +44 1534 825231

Computershare Investor Services (Channel Islands)
Limited




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