US Wireless Online, Inc.
PINK SHEETS : UWRL

January 03, 2011 08:01 ET

US Wireless Online, Inc. (UWRL) Upgrades to "Current Information" Tier Status With the OTCMarkets

HENDERSON, NEVADA--(Marketwire - Jan. 3, 2011) - US Wireless Online, Inc. (PINK SHEETS:UWRL) (www.uswirelesscorporation.com) announce that OTC Markets have removed the "Caveat Emptor" status and have upgraded the company to OTC Markets highest rating: "Current Information".

Current Information is the highest status with requirements including Initial Disclosure and Information statements, current share structure, current financials and an SEC attorney letter verifying financial information submitted. OTC Markets employs a rigorous information reporting system for non-reporting companies and rates them in accordance to transparency elements from its lowest rating of "Caveat Emptor" to its highest rating of "Current Information" for Pinksheet companies (http://www.otcmarkets.com/otcguide/investors_market_tiers.jsp).

"We upgraded from "Skull and Bones" straight to "Current Information." Our ability to upgrade by such a jump on the OTC Markets should send the market a strong signal that we are here and that we mean business. Our "Current Information" status will absolutely enhance overall market confidence in UWRL, raising its value for the shareholders, and giving potential shareholders the ability to make informed decisions," said the company secretary Carol Robichaud.

Following the period of silence during which the company worked on rising to "Current Information" status, the company will continue with all its business and corporate plans, and will update its followers as new opportunities unravel.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of US Wireless Online, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. US Wireless Online, Inc. cautions you that any forward-looking information provided by or on behalf of US Wireless Online, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. US Wireless Online, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond US Wireless Online, Inc.'s control. In addition to those discussed in US Wireless Online, Inc.'s press releases, public filings, and statements by US Wireless Online, Inc.'s management, including, but not limited to, US Wireless Online, Inc.'s estimate of the sufficiency of its existing capital resources, US Wireless Online, Inc.'s ability to raise additional capital to fund future operations, US Wireless Online, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match US Wireless Online, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. US Wireless Online, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

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