WebTech Wireless Inc.

WebTech Wireless Inc.

March 28, 2007 07:00 ET

WebTech Wireless Appoints Scott Edmonds as Chief Financial Officer

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 28, 2007) - WebTech Wireless Inc. (TSX VENTURE:WEW), a global provider of location based and fleet Telematics services, is pleased to announce the appointment of Scott B. Edmonds as Chief Financial Officer, with responsibility for working with the Board and CEO towards aligning the strategic, operational and financial management of the business.

Mr. Edmonds has over 20 years of experience in business leadership and management. Most recently, Mr. Edmonds served as Vice President and Chief Financial Officer at QuIC Financial Technologies, a global solutions provider for risk management, pricing and financial analytics. At QuIC, Mr. Edmonds led several successful rounds of capital investment and the negotiation of licensing and strategic alliance agreements with some of the world's largest banks and providers of services to such banks.

"Scott has a rich portfolio of experience with companies in the high tech sector at a global level. We welcome Scott's financial leadership and senior executive experience in international operations, which strengthens and leverages our existing management team as we focus on executing our strategic plan and growing the company," said Anwar Sukkarie, President and CEO, WebTech Wireless.

Prior to his position at QuIC, Mr. Edmonds was Chief Financial Officer at Chancery Software, a developer of back office education administration systems where he led a significant refinancing of the firm and helped the company grow through M&A activity and through an expansion of its partner network. Mr. Edmonds also held several senior financial and management positions in both Europe and Asia during his nine years with The Walt Disney Company. His last position with the company was as Director of Finance and Corporate Development in Southeast Asia and Australasia where he had oversight responsibility for the Area's annual revenue target of $100 million US, as well as, all financial, tax and regulatory reporting for 10 geographic markets.

Mr. Edmonds holds a B.B.A. (Honours) in Finance from Bishop's University and completed the Executive Development Program at the Kellogg Graduate School of Management. He earned his Chartered Accountant designation while with Coopers & Lybrand (now PwC) in Toronto.

Juliet Jones, the Chief Financial Officer since January 2005, will continue to work with the Company on a part-time basis and on a consulting basis for special projects. WebTech has valued Ms. Jones' leadership, council and contribution to our success over the past years including two financing deals that were completed under challenging time constraints. WebTech wishes Ms. Jones all the best in her career endeavours and in our continued business relationship.

About WebTech Wireless Inc.

WebTech Wireless Inc. (TSX VENTURE:WEW) is a global Telematics, location-based services provider that develops, manufactures, and delivers turnkey wireless solutions designed to improve productivity and profitability. WebTech products include wireless hardware and software services running on cellular and satellite networks, and include Automatic Vehicle Location, Mapping, Reporting, Vehicle Maintenance, Driver Status, In-vehicle Telemetry, Messaging, In-vehicle Navigation, and wireless application and Internet connectivity. WebTech is currently providing devices and services worldwide in eight languages to over forty-one countries covering five continents. WebTech's scalable solutions are used by a broad range of small, medium, Fortune 500 companies and governments. For more information, please visit www.webtechwireless.com.

Forward-Looking Statements

This press release contains forward-looking statements involving risks and uncertainties pertaining to, but not limited to product plans, timing, content, and pricing of products, market and industry expectations, the wireless communications industry, the mobile fleet industry, and general economic and political conditions. Given the risks and uncertainties inherent in the markets and industries referred to in this press release, WebTech cannot guarantee that any forward-looking statements will be realized.

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The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

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