Wildcard Wireless Enters Licensing Agreement with Motorola; Wildcard to Expand Product Line and Extend Brand into Mobile Dispatch Market

Business Wire, Jan 31, 2002

Business Editors & High Tech Writers

VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 31, 2002

Wildcard Wireless Solutions Inc. (Wildcard), a leading supplier of secure wireless electronic payment solutions, announced today that it has entered into a licensing agreement with Motorola (NYSE:MOT) that allows Wildcard to develop, test and market its TransAKT(TM) Wireless Point-of-Sale (POS) terminals designed to operate with Motorola iDEN(R) (www.motorola.com/iden) mobile phones in North America.

"The combination of our TransAKT(TM) POS solution with feature-rich iDEN(R) phones will allow mobile customers to enjoy unique voice, data and PIN-secured transaction functionality in one small, convenient bundle," said Dan Pomerleau, President of Wildcard Wireless Solutions Inc. "The dispatch market is a natural fit for our solution, giving mobile workers the ability to easily and securely accept multiple methods of electronic payment."

The Wildcard TransAKT(TM) wireless terminal is an integrated PIN Pad secured Point-of-Sale device that attaches to a mobile phone without impacting its normal operation. TransAKT(TM)'s first release is capable of supporting multiple wireless transaction applications including credit, debit, smart card, check authorization transactions, loyalty program cards, Electronic Benefits Transfer (EBT), phone cards and other electronically submitted transactions.

About Wildcard Wireless Solutions Inc.

Wildcard is a leading provider of secure wireless electronic payment and communication solutions that add value at the point of sale for consumers, merchants and acquirers alike. The Company designs, develops and manufactures next-generation mobile wireless solutions for enterprise and consumer markets. Founded in 1997, Wildcard began with the simple concept of building intelligent modular cellular accessories designed to give users increased functionality and freedom without impacting the normal operation of their mobile phone. The Company is well positioned as a growth player in the wireless payment revolution presently underway, developing advanced mobile phone accessories and network-based services to meet the growing demand for secure handheld wireless solutions. Wildcard Wireless Solutions Inc. is trading on the CDN (Canadian Venture Exchange) under the symbol "WDC". For more information please visit www.wildcardwireless.com.

The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.