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

Wavefront Technology Solutions Inc.

April 05, 2010 10:59 ET

Wavefront Technology Solutions Inc.: Texas Independent Turns to Powerwave to Boost Production and Reserves Installing 16 Powerwave Systems in Utah Operation

EDMONTON, ALBERTA--(Marketwire - April 5, 2010) - Wavefront Technology Solutions Inc. (TSX VENTURE:WEE) (PINK SHEETS:WFTSF) ("Wavefront"), a world leader in providing innovative solutions for increasing oil production rates and ultimate oil recovery as well as enhancing the treatment of contaminated groundwater, is pleased to announce that a Houston-based independent oil and gas operator will be installing 16 Powerwave systems in an active waterflood in Utah.

The Utah field is approximately 180,000 net acres with more than two billion barrels of oil in place. The estimated recovery factor is 20 percent. There are approximately 1,400 producing oil wells in the asset with an additional 500 water injection wells. The client's objectives for 2010 are to increase production rates by 15 percent through a combination of drilling and improved water injection.

"Wavefront is very pleased to be adding this important new client, who has additional operations in locations throughout the globe," said Wavefront President and CEO Brett Davidson. "We are confident that Powerwave will bring significant benefit to the client by increasing current production rates, and more importantly, maximizing ultimate oil recovery well beyond those currently estimated for the field."

Wavefront would also like to provide an update on where the Company is now and where it is headed in the later half of fiscal 2010 and beyond.

Wavefront has currently secured 166 Powerwave licenses. There are an additional 93 licenses pending. Of the secured licenses, 56 Powerwave systems are installed with the remaining backlog of tools slated for installation in the near term. The Company's immediate action items are to install the backlog of tools and to convert the 93 pending licenses to confirmed licenses and revenue generating installations.

Diverse opportunities for both Powerwave and Primawave continue to unfold in Europe, including the North Sea region, South America, Australia, Asia Pacific and the Middle East. To prepare for the eventuality of contracts in these locations, Wavefront is in the process of appointing local representation and agents, as well as evaluating the establishment of regional infrastructure.

"Strong results continue to bolster the commercial acceptance of both Powerwave and Primawave in many areas of the world," commented Mr. Davidson. "Wavefront management is focused on increasing international exposure, harvesting new prospects, deploying capital to the best opportunities, ensuring operational excellence, and maintaining a strong balance sheet. This is an important expansion period for Wavefront that will drive future growth and yield long-term rewards."

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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