BATTERY & WIRELESS SOLUTIONS INC.

BATTERY & WIRELESS SOLUTIONS INC.

March 10, 2005 13:00 ET

BWS to Acquire Battery World (Alberta) Inc.; Two Calgary Locations Strengthen Distribution Channels


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: BATTERY & WIRELESS SOLUTIONS INC.

TSX VENTURE SYMBOL: BWS

MARCH 10, 2005 - 13:00 ET

BWS to Acquire Battery World (Alberta) Inc.; Two
Calgary Locations Strengthen Distribution Channels

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 10, 2005) - The Board
of Directors of Battery & Wireless Solutions Inc. (the "Company") (TSX
VENTURE:BWS) is pleased to announce that effective today the Company has
entered into a Letter of Intent to acquire 100% of the issued and
outstanding shares of Battery World (Alberta) Inc. Battery World
(Alberta) Inc. operates two independent Battery World locations in
Calgary. This acquisition strategically ensures that the Battery &
Wireless Solutions continues to consolidate the ownership of its
distribution channels across Canada. Furthermore, the proposed
acquisition provides for the right of first refusal to acquire a similar
operation in Edmonton, Alberta and a company presently supplying
rechargeable cells to the Alberta locations, which company is presently
owned by the owner of Battery World (Alberta) Inc.

The terms of the proposed acquisition include a cash component and
755,000 time release escrowed shares of Battery & Wireless Solutions
having a deemed price of $0.20 based on a discount to the share price on
close of market on March 9, 2005.

As an integral component of the acquisition, David Castell, President of
Battery World (Alberta) Inc. will be retained in a management capacity,
pursuant to a management contract. The contract includes a monthly
salary plus 150,000 employee stock options exercisable at a price of
$0.20 per share based on a discount to the share price on close of
market on March 9, 2005.

Management is very pleased to proceed with this acquisition as it
represents a significant strategic investment in the continued
development of Battery World's Alberta operations and adds significant
revenue and EBITDA to BWS' Battery World division.

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, 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, motorcycle, portable
devices and more, featuring Duracell, Delphi, Trojan, Rayovac, and
Panasonic as well as the Company's own branded line of batteries such as
Magnacharge and Giant. For more information please visit www.bwsinc.com


On behalf of the Board of Directors,

BATTERY & WIRELESS SOLUTIONS INC.


Les Granholm, President & 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
Company'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 Company
assumes no obligation to update forward-looking statements should
circumstances or Management's estimates or opinions change.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Battery & Wireless Solutions Inc.
    Les Granholm
    (604) 525-0489
    Email: les_g@bwsinc.com
    Website: www.bwsinc.com
    or
    Linear Capital Corp.
    Tony Croll
    (514) 399-9952
    Email: tcroll@linearcapital.com
    Website: www.linearcapital.com
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.