Wherify Wireless and Lightyear Network Solutions Announce Conference Call to Discuss...

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Tue Sep 2, 2008 9:02am EDT

Wherify Wireless and Lightyear Network Solutions Announce Conference Call to
Discuss Proposed Merger
Management team to outline organization's structure and prospects in the
fast-growing wireless communications Location-Based Services (LBS) market

SAN MATEO, Calif., Sept. 2 /PRNewswire-FirstCall/ -- Wherify Wireless,
Inc. (OTC Bulletin Board: WFYW) home of the Springboard Location Based
Services (LBS) Platform and Lightyear Network Solutions, LLC, today announced
a conference call to discuss the proposed merger between the two
organizations.  On the call, the management team will outline the growth
prospects for the combined entity, which will be addressing the fastest
growing areas within the wireless telecommunications marketplace.
Additionally, there will be a detailed discussion about the organizational
structure of the new company and the markets the company will be addressing.
    Commenting on the upcoming conference call, Sherman Henderson, CEO and
President of Lightyear, said, "We look forward to discussing with
shareholders, the press and other interested parties the exciting
opportunities that lay before Lightyear and Wherify as a combined
organization.  We are planning to integrate Wherify's state-of-the-art
Springboard Platform with our Verizon Wireless product offerings in order to
bring robust location-based services to what analysts believe will a one of
the fast growing markets in technology over the next five years.  Please join
us on the call as we outline our prospects in this area and how we plan to
combine these two organizations in order to meet our goals in this
fast-growing marketplace."
    The conference call will be held on Thursday, September 4th at 4:30 p.m.
(EDT).  In order to access the call please dial (888)642-1687 ten minutes
before the scheduled time.  The conference call ID number is 62959644.
There will also be a replay of the conference call available for seven days.
Please check at www.wherifywireless.com for replay instructions.
    About Lightyear Network Solutions, LLC
    Lightyear Network Solutions, LLC, provides voice, data, and video
telecommunications services to small and medium sized businesses and
residential customers through a network of 3,300 independent agents and
representatives throughout the United States. CEO Sherman Henderson has been
named one of the top 25 Most Influential People in Telecommunications and has
been elected for six consecutive terms as Chairman of COMPTEL, the leading
industry association representing communication service providers.  In
delivering its services, Lightyear partners with major carriers and
telecommunications companies such as Verizon, AT&T, Level 3, Qwest, Sprint,
Embarq, PAETEC, Sylantro, Cisco, Adtran, Voicecom, Iperia and Acme Packet.
Lightyear is based in Louisville, Kentucky.
    About Wherify Wireless, Inc.
    Wherify Wireless, Inc. (OTC Bulletin Board: WFYW), through its proprietary
Springboard Platform, provides location based services for enterprise and
consumer applications such as field and sales management, mobile social
networking, personal safety, mobile search and mobile shopping. Springboard
supports GPS and non-GPS equipped devices and is compatible with GSM and CDMA
technologies.  Wherify was founded in 1998, and is based in San Mateo,
California.
    Note Regarding Forward-Looking Statements
    Any statements that are not statements of historical fact (including
statements containing the words "believes," "plans," "anticipates," "expects,"
"estimates" and similar expressions) should be considered to be
forward-looking statements. Forward-looking statements include statements
regarding our ability to complete the recapitalization financing or
alternative fundraising, and the benefits of the proposed merger with
Lightyear.  There are a number of factors that could cause actual results or
events to differ materially from those indicated by such forward-looking
statements, including difficulties encountered in integrating the merged
businesses, uncertainties as to the timing of the merger, the satisfaction of
closing conditions to the transaction, the ability to raise financing at
expected levels or at all, general conditions in the relevant industries and
markets, the impact of competitive products, intellectual property issues,
availability, terms and use of capital to continue to grow the companies'
business, and the other factors described in Wherify Wireless' periodic
filings with the SEC.  The company disclaims any intention or obligation to
update any forward-looking statements as a result of developments occurring
after the date of this press release.
    Wherify and Wherify Wireless are registered trademarks of Wherify
Wireless, Inc. Wherifone is a trademark of Wherify Wireless, Inc. All other
trademarks are the property of their respective owners.
    Contact: Joe Noel
    Wherify Investor Relations
    Tel: 1.925.922.2560
SOURCE  Wherify Wireless, Inc.

Joe Noel, Investor Relations of Wherify Wireless, Inc., +1-925-922-2560
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