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Wireless Age Completes Acquisition of Marlon Distributors

TORONTO--(BUSINESS WIRE)--Aug. 3, 2004--Wireless Age Communications, Inc. (OTCBB:WLSA) (Wireless Age) announced today that on July 30, 2004 it completed the acquisition of Marlon Distributors Ltd. and its wholly owned subsidiary Marlon Recreational Products Ltd. Wireless Age issued 1,325,000 shares of its common stock to acquire all the issued and outstanding common shares of Marlon Distributors.
Marlon Distributors distributes wireless communications products, including two way radios, antennas and accessories, in western Canada. Marlon Recreational distributes recreational products, including boats, trailers and various motorized products, in Western Canada. Marlon Distributors also holds the territorial distribution rights to Midland land mobile radio products in most of western Canada.

Consolidated revenues were approximately $2.4 million (CDN$3.2 million) during the year ended December 31, 2003. Consolidated assets, as at December 31, 2003, totaled $1.9 million (CDN$2.5 million) and consolidated liabilities were approximately $750,000 (CDN$995,000.) The net book value of the consolidated businesses was approximately $1.9 million at December 31, 2003. Mr. Allan Villett has agreed to stay on with Marlon Distributors to assist in the growth of the communications business in western Canada. Mr. Bruce Cameron is currently President of Marlon Recreational.

John Simmonds, Chairman and CEO of Wireless Age, stated, "Closing the Marlon acquisition demonstrates our commitment to grow the land mobile radio wholesale wireless communications segment of our business, particularly with Vertex Standard communications products. Recently we retained a new sales representative in eastern Canada and our proposed acquisition of Westcan Wireless and Allcan Distributors will be a continuation of that strategy. Clearly our intentions are to be a major player in this business sector in Canada. Although we believe the recreational products segment of Marlon presents a good opportunity, it does not fit well in our wireless business strategy, and our intentions are to dispose of some or all of it over the next few months."

Wireless Age is in the business of operating retail cellular and telecommunications outlets in cities in western Canada, and also in the wholesale business of distributing prepaid phone cards, wireless accessories, land mobile radios and various battery and ancillary electronics products in Canada.

Wireless Age's retail operations are conducted through its 89% owned subsidiary Wireless Age Communications, Ltd., and its wholesale operations are conducted through its wholly owned subsidiaries Prime Wireless Corporation and Wireless Source Distribution, Ltd. (including the A.C. Simmonds & Sons division).

Wireless Age recently also agreed, subject to certain terms and conditions, to acquire MaxTel Wireless Inc. in southwestern Ontario and has agreed to fund the development of Niagara Region Wireless Project with Knowlton Pass Electronics Inc. MaxTel Wireless and Knowlton Pass form the cornerstone of the Company's Wireless Works business segment.

Wireless Age also has an investment in RELM Wireless Corporation that designs, manufactures and markets wireless communications equipment consisting of land mobile radios and base station components and systems.

This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain. Wireless Age cannot provide assurances that the matters described in this press release will be successfully completed or that we will realize the anticipated benefits of any transaction. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to: global economic and market conditions; the war on terrorism and the potential for war or other hostilities in other parts of the world; the availability of financing and lines of credit; successful integration of acquired or merged businesses; changes in interest rates; management's ability to forecast revenues and control expenses, especially on a quarterly basis; unexpected decline in revenues without a corresponding and timely slowdown in expense growth; our ability to retain key management and employees; intense competition and our ability to meet demand at competitive prices and to continue to introduce new products and new versions of existing products that keep pace with technological developments, satisfy increasingly sophisticated customer requirement and achieve market acceptance; relationships with significant suppliers and customers; as well as other risks and uncertainties, including but not limited to those detailed from time to time in Wireless Age's SEC filings. Wireless Age undertakes no obligation to update information contained in this release. For further information regarding risks and uncertainties associated with Wireless Age's business, please refer to the risks and uncertainties detailed from time to time in Wireless Age's SEC filings.

Contacts


Wireless Age Communications, Inc.
John Simmonds
Chairman & CEO
(905) 833-0808 ext 223
Fax: (905) 833-6942
or
Redwood Consultants, LLC
Jens Dalsgaard
(415) 884-0348

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