www.onthewavefront.com
For Immediate Release	TSX-V: WEE Pink Sheets: WEESF

WAVEFRONT ENERGY & ENVIRONMENTAL SERVICES INC.

Closing of $9.5 Million Private Placement

EDMONTON, Alta January 6, 2006/ Wavefront Energy and Environmental Services Inc., a provider and licensor of its proprietary DeepWave^SM (http://onthewavefront.com/dw_what-is-deep-wave.htm) technology for improved oil recovery and groundwater remediation is pleased to announce the completion of its sale of 7,038,008 Common Shares (“Shares”) of the Company at a price of $1.35 per Share for gross proceeds of $9,501,311. The Shares were sold, through its agent, Pritchard Capital Partners LLC (“Pritchard”), by way of a brokered and concurrent non-brokered private placement (the “Private Placement”). All Shares issued under the Private Placement are subject to a four-month hold period expiring on May 6, 2006.

Pritchard, as Agent for the brokered portion of the Private Placement, will be paid a 6% cash commission of $450,079, plus the reimbursement of their expenses, including legal fees.

The net proceeds of the Private Placement are estimated to be approximately $9,001,311, and will be used to support Halliburton Energy Services Inc.’s (“Halliburton”) marketing efforts, Wavefront’s collaboration efforts with Halliburton for new DeepWave^SM systems development, the development of mineral right properties to showcase DeepWave^SM and to initiate the manufacturing of an inventory of DeepWave^SM systems for a field wide implementation, with the remainder to be set aside for unallocated working capital.
 
 
About Wavefront Energy and Environmental Services Inc.
 
Wavefront develops, markets, and licenses proprietary technologies in the energy and environmental sectors. The Company’s patented DeepWave^SM Technology is a proven and verified fluid flow optimization technique. Within the energy sector the Company’s strategy is to license the technology to service providers, provide site licenses to oil producers, and to acquire or earn working interests in mature oilfields. In the environmental sector, DeepWave^SM is licensed to service providers who implement the technology to reduce long-term liabilities associated with contaminated sites.