Wavefront Technology Solutions Inc.
TSX VENTURE : WEE
PINK SHEETS : WFTSF

Wavefront Technology Solutions Inc.

January 04, 2011 16:41 ET

Wavefront Technology Solutions Inc.: Eastern Alberta Client Expanding Its Powerwave Program

Up to 45 Additional Powerwave Systems to Be Added to the Exisiting 63 Installations

EDMONTON, ALBERTA--(Marketwire - January 4, 2011) - Wavefront Technology Solutions Inc. ("Wavefront" or the "Company") (TSX VENTURE:WEE) (PINK SHEETS:WFTSF), a world leader in providing innovative solutions for increasing oil field production and enhancing the treatment of contaminated groundwater is pleased to announce that the Eastern Alberta Powerwave client has advised Wavefront of plans to expand the current program by up to 45 additional Powerwave systems. The new Powerwave installations are expected to commence during the second quarter of calendar 2011coinciding with permitting and well workovers. Wavefront currently has 63 Powerwave systems installed with the Eastern Alberta client in two oil producing operations. Under a confidentiality agreement, Wavefront is prohibited from releasing the client name, field location, and financial terms.

"We are very pleased to see the continued expansion of the Powerwave program in Eastern Alberta and the strong signal it sends to oil producers of all sizes that Powerwave can get more oil out of their existing operations," said Wavefront President and CEO, Brett Davidson.

"All of us at Wavefront would like to extend our appreciation to the client for their continued confidence in Powerwave to improve oil production rates, slow the rate of production decline, extend field economic life, and maximize asset value," said Wavefront President and CEO Brett Davidson. "We are confident that Wavefront is moving beyond the stage of early Powerwave adopters and onto the early industry majority stage in the Powerwave adoption life cycle which will be a key business driver for substantial growth and profitability."

ON BEHALF OF THE BOARD OF DIRECTORS

WAVEFRONT TECHNOLOGY SOLUTIONS INC.

D. Brad Paterson, CFO & Director

About Wavefront:

Wavefront is a technology based, world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration. Wavefront publicly trades on the TSX Venture Exchange under the symbol WEE and the Company's website is www.onthewavefront.com.

Cautionary Disclaimer – Forward Looking Statements

Certain statements contained herein regarding Wavefront and its operations constitute "forward-looking statements" within the meaning of Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995. All statements that are not historical facts, including without limitation statements regarding future estimates, plans, objectives, assumptions or expectations or future performance, are "forward-looking statements". In some cases, forward-looking statements can be identified by terminology such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential", "believe", "continue" or the negative of these terms or other comparable terminology. We caution that such "forward-looking statements" involve known and unknown risks and uncertainties that could cause actual results and future events to differ materially from those anticipated in such statements. Such factors include fluctuations in the acceptance rates of Wavefront's Powerwave and Primawave Processes, demand for products and services, fluctuations in the market for oil and gas related products and services, the ability of Wavefront to attract and maintain key personnel, technology changes, global political and economic conditions, and other factors that were described in further detail in Wavefront's continuous disclosure filings, available on SEDAR at www.sedar.com. Wavefront expressly disclaims any obligation to up-date any "forward-looking statements", other than as required by law.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information