TORONTO, March 14, 2002 (PRIMEZONE) -- Koala International Wireless (OTCBB:KIWI) announced today that an interview with its newly appointed President and Chief Marketing Officer, Mr. Michael Johnston, is currently being broadcast at EquityBroadcast.com.
Interested investors, media and financial professionals are encouraged to listen for free at http://www.EquityBroadcast.com. In the interview, Mr. Johnston describes the Company's core business, market and growth opportunities, and acquisition plans.
"We were delighted to accept the invitation for coverage by EquityBroadcast.com, Koala has many exciting developments to share with the investment community at large. We encourage investors to stay tuned, as there are many significant advances on the horizon," explained Mr. Johnston.
About Koala International Wireless
Koala International Wireless Inc. is in the process of developing a virtual private cellular data network (the "Koala Network") and a credit and debit processing business serviced by a wireless device. It intends to use that network to deliver services to monthly subscribers by way of a proprietary handheld wireless personal network communication device (the "KIWI") and later with third-party devices using Koala technology. Koala is thus positioned to become a global leader in wireless network infrastructure and wireless technology.
About EquityBroadcast
EquityBroadcast is a leading online resource for financial audio interviews, news and information. Its mission is to provide the investment community with valuable, in-depth information on publicly traded companies through the use of web cast executive interviews and our nationally broadcast radio program. EquityBroadcast has cumulative premium distribution in excess of 2,500,000 individuals through an unwired national network of radio stations including markets such as Los Angeles, Chicago, Boston, Atlanta, Seattle and dozens more, in addition to 8,200 financial institutions.
The foregoing press release and CEO interview may contain forward-looking statements that can be identified by such terminology such as ``expects,'' ``potential,'' ``will,'' ``suggests,'' ``may'' or similar expression. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements.