BATTERY & WIRELESS SOLUTIONS INC.
TSX VENTURE : BWS

BATTERY & WIRELESS SOLUTIONS INC.

July 19, 2005 13:31 ET

Battery & Wireless Solutions Inc. Announces Private Placement of Convertible Debentures

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 19, 2005) - The Board of Directors of Battery & Wireless Solutions Inc. (the "Company") (TSX VENTURE:BWS) is pleased to announce a private placement of convertible debentures.

If fully subscribed the Company will raise $500,000 from this offering. The terms of the convertible debenture are as follow.



Series: Series D
Offering: 50 units at $10,000 each
Term: Two (2) years
Interest rate: 8% annually, paid quarterly
Conversion: At any time during the term into common shares of
the Company at a price of $0.14
Warrant: On conversion, the holder will receive One (1)
warrant for each common share issued. One (1)
warrant will entitle the holder to purchase a
further common share of the Company for $0.16
Accrued Interest: Convertible into common shares at prevailing market
prices, less applicable discount, subject to filing
appropriate debt settlement agreements with the
Exchange


The funds from this offering will be used to complete the acquisition of Battery World (Alberta) Inc. that was previously announced, as well as provide working capital for the Company to continue executing its 2005 and 2006 growth and expansion strategies.

The Company proposes to pay a finder's fee or placement fee with respect to this proposal.

About Battery & Wireless Solutions Inc.

Battery & Wireless Solutions Inc. (TSXV: BWS) is Canada's largest independent distributor of battery and battery-related products. Through its core business units, Magnacharge Battery Corporation and Battery World Canada Corp., Battery & Wireless Solutions brings together the infrastructure needed to offer an efficient, nationwide distribution network that touches every type of customer from large-scale distributors to end-user consumers. It is the only company in Canada offering a comprehensive range of products that fulfills every battery need including industrial, automotive, deep-cycle, marine, motorcycle, portable devices and more, featuring Duracell, Delphi, Trojan, Leoch, and Panasonic as well as the Company's own branded line of batteries; Magnacharge and Giant. For more information please visit www.bwsinc.com .

On behalf of the Board of Directors,

BATTERY & WIRELESS SOLUTIONS INC.

Les Granholm, CEO

Forward Looking Information

Certain statements in this release, other than statements of historical fact, are forward-looking information that involves various risks and uncertainties. These can include, without limitation, statements based on current expectations involving a number of risks and uncertainties related to all aspects of the industry. These risks and uncertainties include, but are not restricted to, continued increased demand for the Corporation's products and the Company's ability to attract and maintain key employees. These uncertainties may cause actual results to differ from information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of Management on the dates they are made and expressly qualified in their entirety by this notice. The Corporation assumes no obligation to update forward-looking statements should circumstances or Management's estimates or opinions change.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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