Sierra Wireless to present at CIBC World Markets Institutional Investor Conference

Vancouver, Canada-February 15, 2006

Sierra Wireless (NASDAQ: SWIR - TSX: SW) today announced the company’s upcoming participation in the CIBC World Markets 2006 Institutional Investor Conference, to be held February 15 to 18 in Whistler, British Columbia, Canada.

David McLennan, Chief Financial Officer for Sierra Wireless, will be presenting on Friday, February 17, at 8:35 AM Pacific time.

The presentation will be available live by audiocast over the Internet at http://events.streamlogics.com/avwtelav/cibcwm/feb16-06/sub/SierraWireless/index.asp. The archived audiocast will remain available at the above link for 90 days following the presentation.

About Sierra Wireless

Sierra Wireless is a leader in delivering highly differentiated wireless solutions that enable our customers to improve their productivity and lifestyle. Sierra Wireless develops and markets the AirCard, the industry-leading wireless PC card line for portable computers; embedded modules for OEM wireless applications; and the MP line of rugged vehicle-mounted connectivity solutions. For more information about Sierra Wireless please visit www.sierrawireless.com.

"AirCard" is a registered trademark of Sierra Wireless. Other product or service names mentioned herein may be the trademarks of their respective owners.

Forward Looking Statements

This press release contains forward-looking statements that are not promises or guarantees but are only predictions that relate to future events or our future performance or state other forward-looking information and are subject to substantial risks and uncertainties that could cause our actual results, performance or achievements to differ materially from those expressed, anticipated or implied by the forward-looking statements.  These forward-looking statements relate to, among other things, our revenue, earnings, and other financial guidance for the first quarter of fiscal 2006, plans, objectives and timing for the introduction or enhancement of our services and products, statements concerning strategies, developments, statements about future market conditions, supply conditions, channel and end customer demand conditions, projected or future revenues, gross margins, operating expenses, profits and other statements of expectations, intentions, objectives and plans that are not statements of historical facts.  When used in this press release, the words “may”, “plan”, “expect”, “believe”, “intends”, “anticipates”, “estimates”, “predicts” and similar expressions generally identify forward-looking statements.  Forward-looking statements reflect our current expectations.  The risks and uncertainties that may affect our actual results, performance or achievements are many and include, among others, our ability to develop, manufacture, supply and market new products that we do not produce today and that may not gain commercial acceptance, our reliance on the deployment of next generation networks by major wireless operators, and increased competition.  These risk factors and others are discussed in our Annual Information Form which may be found on SEDAR at www.sedar.com and in our other regulatory filings with the Securities and Exchange Commission in the United States and the Provincial Securities Commissions in Canada.  These factors should be reviewed carefully and you should not place undue reliance on any forward-looking statements.  Unless otherwise required by applicable securities laws, Sierra Wireless disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For Media Enquiries:

Sharlene Myers
Sierra Wireless
Phone: +1 (604) 232-1445
Email: smyers@sierrawireless.com