TORONTO, ONTARIO — (Marketwire) — 08/22/11 — Wireless Age Communications, Inc. (PINK SHEETS: WLSA), (“Wireless Age” or “the Company”) announced today its unaudited earnings for the interim period ended March 31, 2011.
Quarterly Operational Highlights:
The revenue in this first quarter is from the recent acquisition of Enwise and does not include any other revenue from OC Communications Group Inc. on Innovative Solutions. Enwise continues to change the face of home services by providing a whole-home approach to energy saving upgrades through professional and comprehensive Home Comfort Advisor recommendations. Enwise Homes Services Inc. and Enwise Building Sciences Inc., subsidiary companies of Wireless Age Communications, Inc. are companies that provide the sales and installation of energy retrofit products and services and also provide certified government energy audits that qualify customers for these rebates directly under the ecoENERGY Retrofit for Homes Program.
John G. Simmonds, Chairman & CEO stated, “We are pleased to report revenues of over $700,000 for the first quarter of 2011. These first quarter financial statements along with our second quarter, which we expect to file shortly, will bring all reporting up to date and it is our intention to prepare and file formal documents with the SEC to restore our full reporting status. The first quarter of 2011 has been extremely productive for the Company. We look forward to keeping shareholders up to date with corporate happenings as we continue to move forward and execute on our business plan.”
Note: 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.
Financials Charts Follow:
Contacts:
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407-792-3332
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