Wavefront Technology Solutions Inc.
TSX VENTURE : WEE
PINK SHEETS : WFTSF

Wavefront Technology Solutions Inc.

March 03, 2010 11:10 ET

Wavefront Technology Solutions Inc.: Integrated Oil Producer Implementing Powerwave in Western Texas

EDMONTON, ALBERTA--(Marketwire - March 3, 2010) - Wavefront Technology Solutions Inc. (TSX VENTURE:WEE) (PINK SHEETS:WFTSF) ("Wavefront"), a world leader in providing innovative solutions for increasing oil field production and enhancing the treatment of contaminated groundwater, is pleased to announce that an integrated global oil producer will implement Powerwave in the Permian Basin in western Texas. Under the confidentiality terms of the agreement, the client name, exact field location, and number of tools being installed cannot be identified.

Production operations in this dolomite oil reservoir originated shortly after 1926 with field-wide waterflood operations commencing in the 1960s. Current production from the field approximates 17,000 barrels of oil per day with 736 water injection wells used in the secondary oil recovery process.

"We are very confident that Powerwave will generate the anticipated returns for the client leading to a larger field-wide roll out of the technology in the Permian Basin as well as other assets across the globe," said Wavefront President and CEO Brett Davidson. "The number of water injectors in this one location alone represents a significant opportunity for Wavefront and is indicative of Powerwave being recognized as a cost-effective means to increase both oil recovery rates and ultimate oil recovery factor."

ON BEHALF OF THE BOARD OF DIRECTORS

WAVEFRONT TECHNOLOGY SOLUTIONS INC.

D. Brad Paterson, CFO & Director

Cautionary Disclaimer – Forward Looking Statements

Certain statements contained herein regarding Wavefront and its operations constitute "forward-looking statements" within the meaning of Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995. All statements that are not historical facts, including without limitation statements regarding future estimates, plans, objectives, assumptions or expectations or future performance, are "forward-looking statements". In some cases, forward-looking statements can be identified by terminology such as ''may'', ''will'', ''should'', ''expect'', ''plan'', ''anticipate'', ''believe'', ''estimate'', ''predict'', ''potential'', ''continue'' or the negative of these terms or other comparable terminology. We caution that such "forward-looking statements" involve known and unknown risks and uncertainties that could cause actual results and future events to differ materially from those anticipated in such statements. Such factors include fluctuations in the acceptance rates of Wavefront's Powerwave and Primawave Processes, demand for products and services, fluctuations in the market for oil and gas related products and services, the ability of Wavefront to attract and maintain key personnel, technology changes, global political and economic conditions, and other factors that were described in further detail in Wavefront's continuous disclosure filings, available on SEDAR at www.sedar.com. Wavefront expressly disclaims any obligation to up-date any "forward-looking statements", other than as required by law.

THE TSX VENTURE EXCHANGE NEITHER APPROVES NOR DISAPPROVES THE CONTENTS OF THIS RELEASE WHICH WAS PREPARED SOLELY AT THE DISCRETION OF MANAGEMENT.

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