Infowave Software Inc.
TSX : IW

Infowave Software Inc.

June 12, 2006 20:16 ET

Infowave Elects Not to Proceed with Financing

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 12, 2006) - Infowave Software, Inc. (TSX:IW) announces that it has elected not to proceed with its previously announced non-brokered private placement at this time due to market conditions. The Company will monitor market conditions with the intention of entering into an appropriate financing when the environment is more favourable.

About Infowave Software, Inc.

Infowave Software, Inc.'s (TSX:IW) Echo by Infowave™ enterprise mobile application suite is designed to streamline and integrate business operations by empowering mobile workers. The solution provides scalable, secure, and reliable mobile business applications for improving operational efficiency and increasing productivity. Some of the world's most innovative organizations in energy & utilities, defense, communications, and medical instrumentation use Infowave solutions to increase the efficiency of their mobile workforces. For more information, please email info@infowave.com or visit www.infowave.com.


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