WebTech Wireless Inc.
TSX : WEW

WebTech Wireless Inc.

December 22, 2009 13:50 ET

WebTech Wireless Announces Settlement of LunarEye Lawsuit

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 22, 2009) - WebTech Wireless Inc. (TSX:WEW), a leading provider of vehicle location-based (LBS) and fleet telematics services, announces that it has concluded a settlement arrangement with LunarEye Inc., in the matter of a patent infringement suit filed by LunarEye in the Eastern District of Texas in May 2007.

The terms of the settlement agreement are confidential, but involve a one-time payment, no admission of infringement and a release from any future action by LunarEye against WebTech Wireless on this matter. The Company will record a charge for the settlement in its Q4 2009 results.

About WebTech Wireless Inc.

WebTech Wireless Inc. (TSX:WEW) is a global telematics and location-based services provider that develops, manufactures and delivers end-to-end wireless solutions designed to improve the productivity, profitability and safety of vehicle fleets. WebTech Wireless products and services run on GPS and cellular networks and provide Automatic Vehicle Location, Mapping, Reporting, Vehicle Diagnostics, Driver Status, In-vehicle Telemetry and Navigation and Messaging. The Company delivers products and services in over forty-one countries to a variety of small, medium and Fortune 500 companies, with a particular focus on the transport, service delivery, government and automotive markets. For more information, please visit www.webtechwireless.com.

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