WebTech Wireless Inc.
TSX : WEW

WebTech Wireless Inc.

September 20, 2007 08:00 ET

WebTech Wireless Ranked the 13th Fastest Growing Technology Company in Canada in the Deloitte Technology Fast 50

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 20, 2007) - WebTech Wireless Inc. (TSX:WEW), a leading provider of location-based and fleet Telematics services, today announced that it has ranked 13th in the 2007 Deloitte Technology Fast 50, a ranking of the 50 fastest-growing technology companies in Canada, based on percentage revenue growth over five years. WebTech Wireless revenues increased by 1,888% from 2002 to 2006. WebTech Wireless' ranking of 13th in 2007 is up from number 23 in 2006.

To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least five years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, and conduct research and development activities in Canada. A panel of subject matter experts evaluates and judges companies based on four key criteria: competitive advantage; size, growth, and market attractiveness; management effectiveness and organization; and financial performance.

"WebTech Wireless is achieving levels of success in the GPS vehicle tracking and Telematics industry that are making bigger companies pay attention," said Anwar Sukkarie, President and Chief Executive Officer of WebTech Wireless. "We develop and manage our product from end-to-end, enabling us to adapt both the technology and its application with great success internationally, as well as here in North America."

"Canadian technology companies have some of the highest revenue growth in North America, while playing in some of the world's largest, most competitive and exciting market sectors," said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. "Outstanding companies such as WebTech Wireless demonstrate the incredible business acumen and entrepreneurial spirit that fuel the Canadian technology industry."

About WebTech Wireless Inc.

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

About the Deloitte Technology Fast 50

This year marks the 10th anniversary of the Deloitte Technology Fast 50 program, which celebrates business growth, innovation and entrepreneurship. The program features four distinct categories including the Deloitte Technology Fast 50 Ranking, Companies-to-Watch Awards (honouring early-stage Canadian technology companies in business less than five years), Leadership Awards (Deloitte Technology Fast 50-ranked companies that demonstrate leadership in each of the four industry subcategories of emerging technologies, hardware, software, and telecommunications) and the Deloitte Technology Green 15 Awards (honouring companies creating innovative and economically viable intellectual property in the burgeoning field of green technology). Deloitte Technology Fast 50 winners are automatically eligible for the prestigious Deloitte Technology Fast 500 ranking. Program sponsors include Deloitte, Gowlings, GrowthWorks, CIBC World Markets, Stonewood Group, Behr & Associates, and CATAAlliance. For further information, visit www.fast50.ca or call 1-888-6FAST50.

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 Wireless cannot guarantee that any forward looking statements will be realized.

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

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