WiFi Wireless, Inc. -- Technology and Business Strategy Update
| Source: WiFi Wireless, Inc.
ALISO VIEJO, CA--(Marketwire - November 18, 2009) - In a continuing effort to keep shareholders
and the public informed, WiFi Wireless, Inc. (PINKSHEETS : WFWL ) wishes to
disclose the following information*.
1) WiFi announced today they have filed today their Quarterly Report for
3rd Quarter 2009 with Pink Sheets and are now current in their filings.
2) In accordance with statements made in previous press releases, WiFi has
been exploring the possibility of entering into a joint venture or
strategic alliance with various parties. In an effort to execute this
strategy, WiFi's executives have recently demonstrated WiFi's technology to
certain industry players that have the capability to deploy their
technology on a global scale.
3) WiFi is currently in the process of updating the operating system on the
software component of its Cargo Container Monitoring Device, so they may
maintain their best-of-breed status on their technology.
*While recent events concerning the company's progress require confidential
treatment, WiFi is continuing to explore a number of options that would
expedite the monetizing of their technology, and create the most value for
the shareholders.
About WiFi Wireless, Inc.
WiFi Wireless, Inc. develops leading edge, proprietary, technology driven,
satellite and wireless cargo container monitoring and tracking systems. SEE
LINK (www.wifiwirelessinc.com)
Safe Harbor Provision
This press release contains forward-looking statements. Forward-looking
statements are inherently subject to risks and uncertainties, some of which
cannot be predicted, or quantified. Future events and actual results could
differ materially from those set forth in, contemplated by, or underlying
the forward-looking statements.