TORONTO, June 21, 2006 (PRIMEZONE) -- Wireless Age Communications, Inc. (OTCBB:WLSA), a leading supplier of solutions to the Canadian wireless industry, today announced that mmwave Technologies Inc. is opening a third regional operations centre in Vancouver, British Columbia which will compliment existing operations in Toronto and Montreal.
In conjunction with the opening of this regional office, Mr. David MacKinnon, the company's Chief Technology Officer, will relocate from Ontario to Vancouver. The exact location is not yet determined, and will be somewhere in the Greater Vancouver Area. Mr. MacKinnon commented, "We expect to begin a few very exciting projects here any day now. I'm excited about the opportunity to support some very important company initiatives."
Company Chairman and CEO Brad Poulos stated, "The Vancouver location and relocation of the CTO will allow the company to accomplish several strategic objectives. As the site of the Vancouver 2010 Olympics, the Greater Vancouver area and Whistler corridor promise to be very important additions to our existing client-base. These will potentially be very large contracts and we need to have a strong base from which to drive this business. Driven by recent oil, gas and other natural resource strength, Western Canada is the most robust economy in Canada at present. Having a strong sales, technical and operations team in this part of the country is critical to growing the business in this region. Finally, there are several arctic projects that are of interest to us, and Mr. MacKinnon has extensive experience in this area."
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About Wireless Age Communications Inc.
Wireless Age's operations are segregated into two distinct segments, Retail and Commercial.
Retail:
Wireless Age retail outlets sell next generation wireless products and services to business and individual end users in Saskatchewan and Manitoba.
Commercial:
Within the Commercial segment, mmwave does specialty distribution and network engineering and integration, for carriers and manufacturers of communications equipment in Canada. Wireless Source distributes prepaid phone cards, wireless accessories, land mobile radios, batteries and ancillary electronics products to dealers throughout North America. Wireless Works operates broadband public access and private networks in Southern Ontario, and develops and deploys consumer and commercial products for those networks.
The company is a recognized leader in the wireless industry in Canada and is a member of the WiMax forum, as well as a very active member of the Canadian Wireless Telecommunications Association.
This press release contains "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain. Wireless Age Communications, Inc. cannot provide assurances that the matters described in this press release will be successfully completed or that the company will realize the anticipated benefits of any transaction. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to: global economic and market conditions; the war on terrorism and the potential for war or other hostilities in other parts of the world; the availability of financing and lines of credit; successful integration of acquired or merged businesses; changes in interest rates; management's ability to forecast revenues and control expenses, especially on a quarterly basis; unexpected decline in revenues without a corresponding and timely slowdown in expense growth; the company's ability to retain key management and employees; intense competition and the company's ability to meet demand at competitive prices and to continue to introduce new products and new versions of existing products that keep pace with technological developments, satisfy increasingly sophisticated customer requirements and achieve market acceptance; relationships with significant suppliers and customers; as well as other risks and uncertainties, including but not limited to those detailed from time to time in Wireless Age Communications, Inc. SEC filings. Wireless Age Communications, Inc. undertakes no obligation to update information contained in this release. For further information regarding risks and uncertainties associated with Wireless Age Communications, Inc.'s business, please refer to the risks and uncertainties detailed from time to time in Wireless Age Communications, Inc.'s SEC filings.