Wireless Age Board Grants Options Under Stock Option Plan

* Reuters is not responsible for the content in this press release.

Thu Oct 23, 2008 10:55am EDT

TORONTO, Oct. 23 /PRNewswire-FirstCall/ - Wireless Age Communications, Inc.
(OTCBB: WLSA), ("Wireless Age" or the "Company") has announced that at a board
meeting held Wednesday, October 22, 2008, the Board of Directors granted 2.5
million options under a stock option plan.
The options were granted to officers, directors and employees of the Company
and its operating subsidiaries. They carry a three-year term and vest in
thirds - one-third immediately, with another third on January 1, 2009 and the
final third on January 1, 2010 and are exercisable at $0.25 per share.
The plan is subject to shareholder and regulatory approval.

    About Wireless Age
    ------------------


Wireless Age Communications, through its 99.7% owned subsidiary, Wireless Age
Communications Ltd., is in the business of operating retail cellular and
telecommunications outlets in cities in western Canada. Through its other
wholly owned subsidiary, Wireless Source Distribution Ltd., the company
distributes two-way radio products and wireless accessories in Canada.

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.

SOURCE  Wireless Age Communications, Inc.

John G. Simmonds, Chairman & CEO, (905) 833-2753 ext. 223; Andrew Barwicki,
Investor Relations, (516) 662-9461
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