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Wi2Wi Announces Granting of Options

V.YTY
Wi2Wi Announces Granting of Options


Wi2Wi Announces Granting of Options

Toronto, Ontario - June 26, 2013 /FSC/ - Wi2Wi Inc. (YTY - TSX Venture),announces that it has recently granted options to Directors, Management and Staff of the Corporation.  A total of 6,843,930 options were granted.  Of these 4,483,930 were granted to Directors, 1,050,000 were granted to Senior Management and 1,310,000 were granted to other staff members and consultants.

The grant price was at $0.195 per option, being the closing trading price of the Corporation's shares on June 18, 2013 except for 700,000 options issued previously to a Director at a price of $0.20 per option.

Director options vest 50% on the grant date with the balance vesting on the first anniversary except for 500,000 options granted to the CEO, which vest in the same manner as for Senior Management and Staff (the "Staff Options"), and the 700,000 options referred to above, which vested immediately on the grant date.

Staff options vest in equal proportions over 48 months.

All options have a term of seven years after the grant date.

In addition, a total of 800,000 options previously granted by International Sovereign Energy Corp. to two directors were cancelled.

The total number of options now outstanding increased from 12,031,698 to 18,075,628.

About Wi2Wi Corporation:

Wi2Wi designs, manufactures and markets miniaturized embedded wireless connectivity solutions (incorporating both hardware and software) for premium industrial/medical, smart-home/smart building and government markets worldwide. These products and value added services provide highly integrated, multifunctional wireless sub systems for mobile applications of all forms for mobile devises.

For further information, please contact:

John Lokker, CA, CFE
Chief Financial Officer
(408) - 416-4221



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 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/wi2wi06262013.pdf


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