SOURCE: iWallet

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November 04, 2014 12:49 ET

iWallet Announces Integration of Bluetooth® Smart Technology Into Portfolio of Secure, Luxury Techcessories

SAN DIEGO, CA--(Marketwired - November 04, 2014) - iWallet Corporation (OTCQB: IWAL) today announced it will integrate Bluetooth® Smart technology into its portfolio of secure, luxury techcessories, including the next generation of the company's flagship iWallet and soon-to-be-released iPassport.

iWallet's secure luxury techcessories combine advanced materials, smartphone-connected security and biometric fingerprint identification to protect your cash, credit cards, passport and personal information.

Bluetooth Smart technology, the intelligent, power-friendly version of Bluetooth wireless technology, the global wireless standard for enabling simple, secure connectivity, is supported by every major operating system making iWallet products easily compatible with most smartphones and tablets. Using the free iWallet app, Bluetooth's Smart tethering function sounds an alarm when your device leaves a pre-defined geographic perimeter.

"Bluetooth Smart is the most power efficient and effective way to connect iWallet to the billions of Bluetooth devices in the market today," said Jack Chadsey, CEO of iWallet Corporation. "Bluetooth Smart integration also empowers our clients longer-lasting battery life. The iPassport, for example, set to debut in January at 2015 International CES®, the world's largest consumer technology show, features a high-performance, lightweight 900mA lithium-ion battery that charges faster and lasts longer than your average battery. Enabled with Bluetooth Smart technology's low power consumption, charging is only necessary once-a-month."

About iWallet
Headquartered in San Diego, California, iWallet (www.iwalletusa.com) is a secure, luxury techcessories company, focused on its robust patent and trademark portfolio in the growing biometric market and combining the latest security features with luxury appointments. iWallet is licensed by Apple Inc. as an official Accessory Developer.

Forward-Looking Statements
This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information contained in this press release including such forward-looking statements.

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