WebTech Wireless Inc.

WebTech Wireless Inc.

March 23, 2011 06:02 ET

WebTech Wireless Adds Andrew Gutman to Its Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 23, 2011) - WebTech Wireless Inc. (TSX:WEW) (the "Company") is pleased to announce the appointment of Mr. Andrew Gutman as a director of the Company, effective immediately. Mr. Gutman, an independent director, is an experienced finance and high tech executive with ten years of experience in private equity/venture capital, as well as fifteen years experience in managing and/or advising (as a director) profitable, growth and acquisition oriented software companies. He is the former Chief Executive Officer of Speedware Corporation and the former General Manager of TSB International Inc. in roles where he was involved in executing and successfully integrating a number of acquisitions.

"We are delighted to welcome Mr. Gutman to WebTech Wireless and to the board," said Glen Brownlee, Chairman of the Board of Directors of WebTech Wireless. "Andrew Gutman adds significant operating and M&A experience and expertise to our already extremely qualified and independent board which will be of benefit to all of our stakeholders. I know that I speak for all of our directors and for management when I say that I look forward to working with him and to benefiting from his contributions to our strategic and tactical discussions and decisions." 

About WebTech Wireless®

WebTech Wireless Inc. (TSX:WEW) is a provider of vehicle fleet location-based services (LBS) and telematics technology. It develops, manufactures and supports end-to-end wireless solutions that improve the productivity, profitability, environmental compliance and safety of vehicle fleets. Its comprehensive suite of products and services include: automatic vehicle location (AVL), mapping, vehicle diagnostics, CO2 reporting, navigation, messaging, and mobile resource management. The Company serves customers of all sizes in the transport, government, service, insurance and OEM markets in over forty-one countries, including Fortune 500 companies. Specialized products include: Quadrant® commercial fleet solutions, InterFleet® solutions for government, and NextBus® real-time passenger information services for transit fleets. For more information, please visit www.webtechwireless.com.

This News Release may contain forward-looking statements involving risks and uncertainties pertaining to, but not limited to, product plans, timing, content, pricing of products, market and industry expectations, the wireless communications and mobile fleet industries, and general economic and political conditions. Given the risks and uncertainties inherent in the markets and industries referred to in this News Release, WebTech Wireless cannot guarantee that any forward-looking statements will be realized. All amounts in Canadian dollars (CAD$) unless otherwise noted. Trademarks are the property of their owners.

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

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