WebTech Wireless Extends Crown Telecom Cure Period
Vancouver - May 25th, 2007 – WebTech Wireless Inc. (TSX: WEW). a leading fleet Telematics products and services provider, has agreed with Crown Telecom ("Crown"), a provider of location-based and fleet Telematics services and WebTech Wireless’ exclusive distributor in Brazil, to extend the cure period for Crown’s breach of its Loan and Distributor Agreements with WebTech Wireless to July 20th, 2007. The extension has been granted in order to allow Crown time to continue its discussions with financial institutions in Brazil, both local and international, aimed at securing investment funds needed to cure its agreements with WebTech Wireless and to provide the working capital Crown requires to fund its “24 Horas” operation.
In addition, as a result of Anwar Sukkarié's, CEO and co-founder, WebTech Wireless, visit to Brazil last week, WebTech Wireless is currently in direct contact with a major vehicle OEM in Brazil
WebTech Wireless’ operational support for Crown products and services in Brazil will continue uninterrupted for the time being.
"Crown Telecom needs the time to conclude the discussions with several financial institutions in Brazil," commented Jose Antonio S. Pereira Jr., President and CEO, Crown Telecom. "In the meantime Crown will continue to offer our products and services, powered by WebTech Wireless, uninterrupted throughout Brazil".
"We opted to extend the cure period in view of the recent developments in Brazil and our discussions with a major OEM manufacturer, and due to logistical challenges that Crown Telecom faces while trying to secure financing to meet working capital requirements.” said Anwar Sukkarié. “We will continue to support Crown for the time being, however, the working capital issues persist with Crown and we will jointly undertake all efforts possible to resolve these challenges by July 20th".
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About WebTech Wireless Inc.
WebTech Wireless Inc. (TSX: WEW) is a global Telematics, location-based services provider that develops, manufactures, and delivers turnkey wireless solutions designed to improve productivity and profitability. WebTech products include wireless hardware and software services running on cellular and satellite networks, and include Automatic Vehicle Location, Mapping, Reporting, Vehicle Maintenance, Driver Status, In-vehicle Telemetry, Messaging, In-vehicle Navigation, and wireless application and Internet connectivity. WebTech is currently providing devices and services worldwide in eight languages to over forty-one countries covering five continents. WebTech’s scalable solutions are used by a broad range of small, medium, Fortune 500 companies and governments. For more information, please visit www.webtechwireless.com.
For further information on WebTech Wireless, please contact:
Press / Media Contact:
Corey Grant / WebTech Wireless
(+1) 604-628-5194 cgrant@webtechwireless.com
Investor Relations Contact:
R. Joe Dhami / Pacific Orca Capital
(+1) 877-811-4518 ext. 236, jdhami@shawcable.com
The Toronto Stock Exchange does not accept responsibility for the
adequacy or accuracy of this release.


