WebTech Wireless Inc.

WebTech Wireless Inc.

March 23, 2010 04:00 ET

WebTech Wireless Receives Order For 7,000 WebTech Locators From Leading UK Telematics Provider Cybit

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 23, 2010) - WebTech Wireless Inc. (TSX:WEW), a leading provider of vehicle fleet location-based services (LBS) and telematics technology, announces that it has closed an agreement for the purchase of 7,000 model WT5000 Locators with UK-based Cybit Ltd., one of Europe's leading providers of fleet telematics solutions. Several thousand units were shipped for sales recognition in Q1, 2010 with the remaining expected to be delivered during Q2, 2010. This order and related sales are in addition to any previous agreements.

WebTech Wireless' advanced in-vehicle WT5000 Locator devices are an important component in Cybit's fleet and asset management solutions, sold to fleet operators globally. This technology helps companies remotely monitor and manage a wide variety of operating costs, increase the safety and security of drivers and cargo, enhance customer service, and reduce CO2 emissions through lower fuel use.

Kevin Lawrence, Chief Finance Officer at Cybit said, "This latest purchase of WebTech Locators confirms that the demand for Cybit's telematics solutions is continually on the increase. Cybit was recently acquired by U.S.-based Francisco Partners, which now provides us with the resources we need to consolidate our leadership position in the European telematics space."

Commenting on the sale, Edward Kulperger, Sr. Director of WebTech Wireless' Personal Auto and OEM business units said, "This sale takes us over the 20,000 total units mark with Cybit, which we've accomplished in less than three years. We truly value this important partnership and the confidence Cybit has placed in WebTech Wireless and our products. The recent acquisition of Cybit by Francisco Partners is further validation of Cybit's leadership and growth potential in this very competitive market."

This latest sale underscores WebTech Wireless' commitment to providing custom made solutions for a variety of industries that depend on efficient and effective mobile resource management.

About Cybit Ltd.

Cybit Ltd. is the UK's leading provider of advanced vehicle tracking solutions, and is one of six subsidiary companies of Cybit Group Holdings Limited. Cybit is a global force in telematics, operating in three core sectors: internet-based vehicle telematics, marine economic exclusion zone (EEZ) management, and private mobile radio (PMR). Cybit delivers a range of wireless, web-based solutions for the management and monitoring of remote assets. Cybit was recently acquired by Francisco Partners, one of the world's largest technology-focused private equity funds. For more information, please visit www.cybit.co.uk.

About WebTech Wireless

WebTech Wireless Inc. (TSX:WEW) is a provider of vehicle fleet location-based services (LBS) and telematics technology. It develops, manufactures and supports end-to-end wireless solutions that improve the productivity, profitability, environmental compliance and safety of vehicle fleets. Its comprehensive suite of products and services include: Automatic Vehicle Location (AVL), mapping, vehicle diagnostics, CO2 reporting, navigation, messaging, and workforce management. The Company serves customers of all sizes in the transport, government, service delivery, insurance and OEM markets in over forty-one countries, including Fortune 500 companies. Specialized products include: Quadrant® fleet management software, InterFleet solutions for government, and NextBus real-time passenger information services for public transit fleets. For more information, please visit www.webtechwireless.com.

This News Release may contain forward-looking statements involving risks and uncertainties pertaining to, but not limited to, product plans, timing, content, pricing of products, market and industry expectations, the wireless communications and mobile fleet industries, and general economic and political conditions. Given the risks and uncertainties inherent in the markets and industries referred to in this News Release, WebTech Wireless cannot guarantee that any forward-looking statements will be realized.

All amounts in Canadian dollars (CDN$) unless otherwise noted.

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The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

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