Pensions, Retirement and Old Age

Wireless Age Communications Enters into an Agreement to Acquire MaxTel Wireless

TORONTO--(BUSINESS WIRE)--July 7, 2004--Wireless Age Communications Inc. (OTCBB:WLSA) announced today that it has signed a letter of intent to acquire MaxTel Wireless Inc. of Vineland, Ontario.
MaxTel operates broadband wireless networks for government, hospitals and private firms and land mobile radio networks for municipal police and fire departments in Ontario's Niagara Peninsula. Wireless Age plans to integrate the proposed MaxTel acquisition with the proposed Knowlton Pass acquisition. Knowlton Pass' line of consumer products ("Broadcast on Demand", Telephone and Internet Access), will integrate with the existing MaxTel B2B and B2G offerings.

MaxTel joins the growing portfolio of value added wireless products and services offered by Wireless Age. Wireless Age continues to execute on its strategy of building an network centric wholesale and retail chain for wireless devices, accessories, and services.

The proposed acquisition is subject to further diligence and certain necessary consents and therefore specific details of the transaction are not being made available at this time. The Company, however, is planning to close the transaction in October.

John G. Simmonds, CEO of Wireless Age stated, "The purchase of Southern Ontario based MaxTel compliments the Company's recently announced proposed acquisition of Alberta based WestCan and is a key development in the building of "Wireless Works", the Company's Network division."

MaxTel's customer base will provide the Company an additional platform for "Wireless Source", enhancing the previously announced Marlon, Allcan and Bluewave proposed acquisitions. MaxTel, provides the Company an initial presence in the Ontario retail market for the proposed deployment of the last mile strategy announced under the proposed Knowlton Pass purchase.

"Wireless Works" is the Company's network strategy, "Wireless Source" is the Company's wholesale/distribution initiative and "Wireless Age" is the Company's retail group.

About Wireless Age Communication Inc.

Wireless Age Communications Inc. is; an operator of retail wireless and telecommunications outlets which market and sell next generation wireless products and services, an operator of wholesale businesses that distribute prepaid phone cards, wireless accessories, land mobile radios, various battery and ancillary electronics products throughout North America and an operator of broadband public access and private networks.

Wireless Age's retail operations (Wireless Age) are conducted through its 89% owned subsidiary Wireless Age Communications, Ltd., its wholesale operations (Wireless Source) are conducted through its wholly owned subsidiaries Prime Wireless Corporation and Wireless Source Distribution Ltd. and AC Simmonds and its network operations (Wireless Works) through its wholly owned subsidiary Knowlton Pass Electronics Limited.

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

For additional information about Wireless Age Communications Inc. or its subsidiaries, please visit our website at www.thewirelessage.com or review our periodic filings with the Securities and Exchange Commission at www.sec.gov.

This release includes projections of future results and "forward-looking statements" as that term is defined in Sections 27A of the Securities Act of 133 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable; it can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations are disclosed in this release, including, without limitations, in conjunction with those forward-looking statements contained in this release.

SOURCE: Wireless Age Communications Inc.

Contacts


Wireless Age Communications Inc.
Redwood Consultants, LLC
Jens Dalsgaard
(415) 884-0348

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