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Wireless Age Enters Into Agreement With Knowlton Pass

TORONTO--(BUSINESS WIRE)--July 26, 2004--Wireless Age Communications, Inc. (OTCBB:WLSA) (Wireless Age) announced today that it has entered into an agreement with Knowlton Pass Electronics Inc. (Knowlton Pass) and MaxTel Wireless (MaxTel) to participate in a venture to be known as the Niagara Region Wireless Project. Under the terms of the agreement Wireless Age will fund the development of the project through a loan, secured by the assets of the project. Wireless Age has recently announced its intention to acquire, subject to certain terms and conditions, both MaxTel Wireless and Knowlton Pass.
The project will be managed by Wireless Age's CTO, David MacKinnon. Mr. MacKinnon formerly of Lavalin and former CEO of E-Concept, has extensive project management experience with projects of this scale and scope.

MaxTel currently operates voice and microwave networks in the Niagara Region, supplying services to governmental and industrial clients. Knowlton Pass will be an application services provider targeting the small to medium enterprise (SME), small office - home office (SOHO) and consumer markets. Knowlton Pass plans to supply internet, telephone and cable television access services as well as network services including WEB host and design, data vault and network services.

The Niagara Region Wireless Project, employing under utilized capacity of MaxTel's existing broadband and wireless networks and the ASP know-how of Knowlton Pass, will develop and launch three additional product offerings throughout the Niagara Region:

The first, which is planned to be launched in early August, will appeal to SMEs, professionals, trades and working farms requiring robust, reliable, carrier grade, point to point broadband connectivity throughout the Niagara Region. This product will allow smaller businesses located off the fiber backbone and for whom microwave has historically been unfeasible to have dedicated, robust, high speed Internet Access, T1 (including partial T1) access and private network conductivity. The service is planned to be offered in 5 megabit increments ranging from 5 to 20 megabits and is planned to be priced competitively with the teleco offers available to businesses operating within reach of the fiber network.

The second product launch planned for late August will provide portable/mobile trunked radio products in an all-inclusive communications bundle of product, airtime, maintenance, repairs and upgrades in one simple, inexpensive package. This Land Mobile Radio offer will be particularly attractive to municipal governments and public safety providers, who require clear, reliable, voice communications.

Additionally, a WiMAX product, is planned to be launched in late September. This point to multipoint product will appeal to the SOHO and consumer sectors providing shared conductivity in packages ranging from 3 to 10 megabits for voice, data and/or video (cable) applications in a highly competitive, value proposition.

John Simmonds, Chairman and CEO of Wireless Age, stated, "Knowlton Pass and MaxTel form the cornerstone of our Wireless Works project and we believe these two initiatives will significantly expand the Company's reach. In addition, we believe there will be significant incremental revenues brought to our distribution businesses due to the wireless hardware requirements of most of the projects Knowlton Pass and MaxTel will undertake."

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.

Source: Wireless Age Communications, Inc.

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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