Business Services Industry

WWA Group Registration Statement Effective

Business Wire, May 23, 2008

DUBAI, United Arab Emirates -- WWA Group, Inc. (OTCBB: WWAG), a diversified international auctioneer and trader of construction equipment company, announced today that a registration statement covering the resale of 1,211,119 shares of its common stock and 576,973 shares of common stock underlying purchase warrants has been declared effective by the Securities and Exchange Commission.

The securities registered were originally issued pursuant to a private placement offering completed in September of 2007 which included provisions to register the shares and shares underlying warrants on behalf of the placees. The warrants are exercisable at any time prior to September 28, 2009 at a price of $1.00.

This notice is provided for information purposes only, and does not represent a solicitation or offer to buy or sell any security. A registration statement relating to these securities was filed with and has been declared effective by the Securities and Exchange Commission. The offering was made by means of a prospectus only. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sales of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

WWA Group is a public company; its common shares trade on the OTCBB under the ticker symbol "WWAG.OB." The company maintains its corporate web site at www.wwagroup.com.

For further investor information, please contact Eric Montandon at 011 971 4 881 6142 or access our Web site at http://www.wwagroup.com.

Forward Looking Statements:

A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties including the timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing if required. The actual results WWA Group may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. WWA Group encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-K and Form 10-Q. WWA Group's public filings may be viewed at www.sec.gov.

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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