NEWS RELEASE TRANSMITTED BY CCNMatthews FOR: SPECTRUM SIGNAL PROCESSING INC. TSX SYMBOL: SSY NASDAQ SYMBOL: SSPI JANUARY 6, 2003 - 07:00 EST Spectrum Signal Processing Ranked as the Best Company to Work for in British Columbia BURNABY, BRITISH COLUMBIA--Spectrum Signal Processing Inc. (NASDAQ: SSPI / TSX: SSY), a leading provider of high performance wireless signal processing and packet-voice solutions, today announced that it has been selected as the #1 Company to Work for in British Columbia according to a recent Watson Wyatt Canada/BCBusiness Magazine survey. The results of this highly regarded survey are published in the January 2003 edition of BCBusiness Magazine. The survey recognizes companies that have demonstrated superior management practices and that, according to their employees, have created an exceptional working environment. Of the 1,000 companies invited to participate in the survey, and the 80 which registered, Spectrum ranked first. "Our ranking shows strong employee validation of our corporate culture and its direct impact in creating a positive work environment at Spectrum despite very difficult market conditions last year," stated Pascal Spothelfer, Spectrum's President and CEO. The 2003 survey results can be viewed at www.bcbusinessmagazine.com. Spectrum ranked third in last year's Watson Wyatt Canada/BCBusiness Magazine survey. About Spectrum Signal Processing Inc. Spectrum Signal Processing designs, develops and markets high performance wireless signal processing and packet-voice processing subsystems for use in communications infrastructure equipment. Spectrum's optimized hardware, software and chip technology work together to collect, compress and convert voice and data signals. Leveraging its 16 years of design expertise, Spectrum provides its customers with faster time to market and lower costs by delivering highly flexible, reliable and high-density solutions. Spectrum subsystems are targeted for use in government communications systems, satellite hubs and cellular base stations, media gateways and next-generation voice and data switches. More information on Spectrum and its aXs(TM) and flexComm product lines is available at www.spectrumsignal.com. -30-FOR FURTHER INFORMATION PLEASE CONTACT:
Spectrum Signal Processing Inc.
Business and Media Contact
(604) 421-5422 ext.152