Amendment : Fourth Quarter and Fiscal Year 2006 Results

WATERLOO, Ontario, January 24, 2007 - Sandvine Corporation (TSX:SVC;AIM:SAND) (the “Company”), issues this announcement to correct a typographical error that appeared in its press release issued earlier today announcing its financial results for the fourth quarter and fiscal year ended November 30, 2006.

In the Consolidated Statements of Operations on page 5 of its earlier announcement, the Company’s Service revenue for the three months ended November 30, 2006 was shown as $1.403 million.  That number should have read $1.043 million.   This discrepancy does not impact any other numbers in the press release and all totals and subtotals shown on that statement are correct.  A corrected version of the Consolidated Statements of Operations is attached.

All figures are in Canadian dollars and are in accordance with Canadian GAAP unless otherwise specified.

To download the amendment in PDF format (~28kb) please click the link below:
[download amendment]

To download the complete original results in PDF format (~56kb) please click the link below:
[download release]