businesspress24.com - Wireless Age Launches fanofacts.com
 

Wireless Age Launches fanofacts.com

ID: 1072078

(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 01/11/12 -- Wireless Age Communications Inc. ("the Company") (PINKSHEETS: WLSA) announces today a response to allegations made by the principals of Fanotech with respect to the ongoing dispute between Newlook, Wireless Age, Fanocorp and the Fanotech Group of Companies.

Below is a letter written by our CEO refuting false claims made by Gabe Tomassoni in his December 15th letter to so called friends of Fanotech.

We have set up a website to show that these claims are indeed false and without merit and that the Simmonds Group of Companies named above will be starting legal proceedings on behalf of the shareholders of these companies to recoup funds invested and damages sustained by their breaches to binding agreements.

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 Communications, Inc. cannot provide assurances that the matters described in this press release will be successfully completed or that the company 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; the company's ability to retain key management and employees; intense competition and the company's 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 requirements 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 Communications, Inc. SEC filings. Wireless Age Communications, Inc. undertakes no obligation to update information contained in this release. For further information regarding risks and uncertainties associated with Wireless Age Communications, Inc.'s business, please refer to the risks and uncertainties detailed from time to time in Wireless Age Communications, Inc.'s SEC filings.





To view the letter mentioned above, please visit the following link: .



Contacts:
Wireless Age Communications Inc.
Mr. John G. Simmonds
Chairman, President and Chief Executive Officer
905-833-2753 ext. 223


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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 11.01.2012 - 11:24 Uhr
Sprache: Deutsch
News-ID 1072078
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TORONTO, ONTARIO


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Networking


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"Wireless Age Launches fanofacts.com
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