www.onthewavefront.com   

For Immediate Release

TSX-V: WEE    


WAVEFRONT ENERGY & ENVIRONMENTAL SERVICES INC.
APPOINTS FORMER CHAIRMAN OF NQL DRILLING TOOLS INC.
AS NEW INDEPENDENT DIRECTOR

 

EDMONTON, Alta October 27, 2005/ Wavefront Energy and Environmental Services Inc., a provider of innovative technologies for improved oil recovery and groundwater remediation, is pleased to announce the appointment of Walter Stelmaschuk to the Board of Directors.

Walter Stelmaschuk served as President and later Chairman of NQL Drilling Tools Inc. (now NQL Energy Services) from 1994 until his retirement in 2001. NQL is an industry leader in providing downhole tools, technology and services used primarily in drilling applications in the oil and gas, environmental and utility industries. NQL trades on the TSX Exchange under the symbol NQL. During Mr. Stelmaschuk’s term NQL stock rose to a historical high of $14.65. Prior to NQL Mr. Stelmaschuk served as President and Chairman of National Quick Lube Inc., President of Mr. Lube USA, and Vice-President of Midland Doherty. Mr. Stelmaschuk holds an MBA from York University as well as Honors Degrees in both Economics and Political Science from the University of Saskatchewan.

Walter Stelmaschuk commented, “I am pleased to join the Board of Directors of Wavefront. I have been following the progress of Wavefront since it was a private company. In November 2000 I stated to Brett Davidson, Wavefront’s President and CEO that conceivably every oil company in the world is going to need the Company’s DeepWaveSM Technology (http://www.onthewavefront.com/dw_what-is-deep-wave.htm) to maximize oil recovery. I stand by those comments today. Wavefront is an exciting company with exceptional potential and I look forward to participating in building a world class company”.

“As we continue to develop a strong and focused organization it is essential to have high quality independent voices whose experience base not only contributes to the overall success of the Company but also to building shareholder value, said Brett Davidson, President and CEO of Wavefront. “Walter’s wealth of knowledge in building companies and in the public markets adds significant depth to the board and is a great credibility statement on the Company’s progress and DeepWaveSM technology. We are pleased that he has chosen to be part of our Company. Management is enthused with the opportunities that continue to present themselves and we look forward to reporting on those in the near future.”


About Wavefront Energy and Environmental Services Inc.
 
Wavefront develops, markets, and licenses proprietary technologies in the energy and environmental sectors. The Company’s DeepWaveSM Technology for fluid flow optimization has been demonstrated to increase oil recovery. Within the environmental sector, DeepWaveSM Technology accelerates contaminant recovery and improves in-ground treatment of groundwater contaminants thereby reducing liabilities and restoring the site to its natural state more rapidly.
 

For further information please contact:
 

D. Brad Paterson, CFO
780-486-2222 x224 Tel
investor.info@onthewavefront.com

 

 

ON BEHALF OF THE BOARD OF DIRECTORS

 

WAVEFRONT ENERGY AND ENVIRONMENTAL SERVICES INC.

 

 

 “D. Brad Paterson” (signed)

 

D. Brad Paterson, CFO & Director

 

 

THE TSX VENTURE EXCHANGE NEITHER APPROVES NOR DISAPPROVES THE CONTENTS OF THIS NEWS RELEASE WHICH WAS PREPARED SOLELY AT THE DISCRETION OF MANAGEMENT.