Wi2Wi Momentum Builds Up with its Industrial-Class GPS Products for M2M and Portable Device Markets

Wi2Wi Momentum Builds Up with its Industrial-Class GPS Products for M2M and Portable Device Markets

Toronto, ON, June 25, 2013 /FSC/ - Wi2Wi Inc. (YTY - TSX Venture),  ("Wi2Wi" or the "Company"),("Wi2Wi" or the "Company"), is pleased to announce that it is experiencing significant demand build-up in its Industrial-Class GPS business. Market and customer traction continues to accelerate for Wi2Wi's third generation GPS products, W2SG0008i and W2SG0084i, with over 22 design-wins and 16 design-ins. This is a tenfold increase for design wins/ins and 14-fold increase for qualified leads and prospects since September 2012.

"Wi2Wi's industrial-class third generation GPS products have state-of-the art performance in a miniaturized footprint ideal for industrial, medical, government and infrastructure machine-to-machine (M2M) and portable device applications. The demand for our new GPS products is strong, particularly in North America, and we expect significant growth in our GPS business to continue," Chief Executive Officer Dr. Reza Ahy noted. He added, "Our relentless efforts in 2012 to re-build the Americas sales team, Americas sales representative network, and re-energize our distribution partners, Avnet and Mouser, are paying off. Together with Wi2Wi's third generation GPS products entering production in 2012, these efforts have resulted in the rapidly growing list of our GPS customers and prospects, particularly in North America. The demand for our new GPS products is strong and we expect significant growth in our GPS business to continue."

"Wi2Wi completed a major transition in 2012. However, the recently completed RTO on January 28th, 2013 has allowed the Company to build on the momentum of the marketing and sales programs, It is gratifying to see the excellent infrastructure and momentum Wi2Wi has been measurably building up during the challenging period of 2012 and now post-RTO in 2013, resulting in the significant traction for Wi2Wi's new GPS products," stated Chairman Dr. Hans Black.

Wi2Wi's average design and sales cycle is approximately 18 months with full production expected between late 2013 into 2014 and beyond. The Company anticipates the 22 design-wins and 16 design-ins will approximate up to 250,000 units of GPS shipments annually, and up to $3 million in annual sales, once fully ramped up.

ABI research's market analysis forecast that GPS IC shipments will reach two billion by 2016, as new high-volume verticals emerge.  Wi2Wi expects that a certain percentage of these, in particular for the non-consumer markets, will be in the form of modules and system-in-a-package (SiPs). Wi2Wi is well-positioned and focused on major vertical markets of Industrial, Medical, Government and Infrastructure.  Wi2Wi's current GPS customers include Fortune-500 and industry leaders in the infrastructure for oil and gas fields, networked street lighting infrastructure, femto-cell and mobile infrastructure, WiFi infrastructure, land-mobile radios for first Responders, asset tracking, fleet management, marine, and military communications.

Wi2Wi has over 260 customers and prospects for its third generation products, including GPS, WiFi, and WiFi-Bluetooth.


For further information, please contact:

Dr. Reza Ahy

Chief Executive Officer

(408) - 416-4200

reza@wi2Wi.com


About Wi2Wi Inc.

Wi2Wi is a leader in Wireless System-in-Package (SIP) Solutions for Machine-to-Machine (M2M) and portable device embedded applications worldwide, including WiFi, Bluetooth, and GPS. Wi2Wi focuses on Industrial, Medical, Government, & Infrastructure markets worldwide.  Headquartered in San Jose, California, Wi2Wi provides leading-edge wireless solutions for embedded applications with substantial savings on time-to-market, cost, and system-integration. Wi2Wi solutions also leverage its patent-pending wireless integration technology along with tier-1 global partnerships with industry leading silicon and supply chain companies, serving a large number of Fortune-500 customers.

Forward-Looking Statements:  This news release contains certain
forward-looking statements, including management's assessment of future plans and operations, and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, risks associated with the ability to access sufficient capital from internal and external sources, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, reliance on industry partners, reliance on third party distributors and sales representatives ,protection of intellectual property and proprietary rights, reliance on information technology systems ,length of sales cycle, potential defects in products, changes in laws,  increased competition, lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rate and stock market volatility. The Company's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive there from. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on these and other factors that could affect the Company's operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (http://www.sedar.com/ www.sedar.com).


This news release contains "forward-looking statements" within the meaning of applicable securities laws relating to, among other things, certain anticipated financial results, and anticipated market growth and potential corporate developments of the Company... Readers are cautioned not to place undue reliance on forward-looking statements. Actual results and developments may differ materially from those contemplated by these statements.  Factors that could cause actual results to differ materially include, but are not limited to, changes in Wi2Wi's business, general business, economic and competitive uncertainties.


Forward-looking statements are made based on management's beliefs, estimates and opinions on the date the statements are made and the Company undertakes no obligation to update forward-looking statements and if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.  All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


To view this press release as a PDF, please click on the following link:
http://www.usetdas.com/pr/wi2wi06252013.pdf



Source: Wi2Wi Inc. (YTY:CA TSXV) http://www.wi2wi.com
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