AireSurf Networks Holdings Inc.

AireSurf Networks Holdings Inc.

August 14, 2008 17:29 ET

AireSurf Announces FCC Approval

TORONTO, ONTARIO--(Marketwire - Aug. 14, 2008) - AireSurf Networks Holdings Inc. (the "Company") (CNQ:AIRE) is pleased to announce that it has received Federal Communications Commission (FCC) approval for its MegaFI wide area network (WiFi)system. The MegaFI is able to amplify wireless broadband signals up to 1 km from standard commercial access points/routers. This represents a major breakthrough over the standard average range obtained by commercial access points/routers today. The MegaFI is also capable of transmitting the signal through several floors of concrete without signal distortion allowing WiFi services to be provided cost effectively and without major renovations in older office buildings and facilities.

The Company plans to market the MegaFI line through direct sales and licensing agreements.

Shares Outstanding: 44,457,596

The CNQ has not reviewed and does not accept responsibility for the adequacy of this release.

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