Wireless Age Communications Inc.

Wireless Age Communications Inc.

April 14, 2011 11:50 ET

Wireless Age Acquires Innovative Solutions

TORONTO, ONTARIO--(Marketwire - April 14, 2011) - Wireless Age Communications Inc., (PINK SHEETS:WLSA) a public company, with its operational headquarters located in King City, Ontario announced today the acquisition of Innovative Solutions.

The acquisition of Innovative Solutions by Wireless Age Communications Inc. comes quickly on the heels of its incorporation of Enwise Home Services Inc. The addition marks both an increased value to stockholders and a greater offering of environmentally focused and cost-savings solutions to the corporate/business sector.

Wireless Age acquired Innovative Solutions for a payment of 1.5 million shares and a further 1.5 million shares when the performance target of $5.0 million in revenue is achieved. As well, Innovative Solutions has the opportunity to earn an additional 2.5 million in warrants in WLSA when the $10.0 revenue performance target is met. Innovative Solutions has targeted approximately the $5.0 million in revenue by the end of 2011 with a target of $12.0 million for calendar year 2012.

"We are very pleased to have Innovative Solutions join the Wireless Age family of companies. The acquisition of this dynamic organization enables us to offer increased energy efficiency to the commercial sector and empower environmentally minded businesses to reduce their carbon footprint," stated John Simmonds, Chairman and CEO of Wireless Age Communications Inc.

"Innovative Solutions is delighted to join the Wireless Age group of companies. Their dedication and vision towards building a world-class selection of truly efficient and green-focused products and services was a perfect fit and we are proud to join forces with this great team," commented Roland Kielbasiewicz, President of Innovative Solutions.

"Our focus moving forward will be to support the vision of Wireless Age by utilizing its greater corporate reach to deliver our unique service of providing the commercial sector with increased operational savings by leveraging shared best products and practices." continued Mr. Kielbasiewicz.

In conjunction with the acquisition, the Company has launched a new website for Innovative Solutions. Designed with functionality and ease of use, the site highlights the company's solutions and technologies. All interested parties are encouraged to visit the new website at www.vertilityinnovativesolutions.com.


Wireless Age brings together technologies and companies focused on innovative and cutting edge energy and environmental solutions. Business lines range from the marketing and installation of energy efficient household products, to the design, manufacture, and installation of waste handling and remediation systems. Wireless Age is positioned to benefit from the momentum building in the rapidly growing "green" and "renewable energy" marketplace.

Wireless Age has backstopped this strategy through the development of a seasoned management team with significant sales, marketing, operations and financial experience in the manufacturing, services and the renewable energy fields. This team also has demonstrated competencies in leading high growth companies and creating value for shareholders.


Innovative Solutions has provided clients across North America with operational cost-saving solutions for more than 15 years. More recently, the search for the latest energy-saving solutions has launched a new products division providing an extensive list of technologies designed to reduce carbon emissions while enhancing an organization's revenue. With our ever-growing list of resources, partners and products, we can tailor a green program that will not only help the environment but also help to increase the bottom line - a new cost-saving culture which your organization will benefit from for years to come. Contact us to review your business structure and discuss the potential your business has to reduce costs and help the environment at the same time at www.vertilityisi.com or call 905.233.4208.

Legal Disclaimer

This press release contains forward-looking statements based on beliefs of Wireless Age Communications Inc. management. When used in this press release, descriptive words are intended to identify potential liabilities. Such statements reflect the views of Wireless Age Communications Inc. as of the date made with respect to future activities and events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including but not limited to, changes in general economic and business conditions, changes in currency exchange rates, interest rates, introduction of competing products or services, lack of acceptance of new products or services and changes in business strategy. Wireless Age Communications Inc. disclaims any intention or obligation to update these forward-looking statements.

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