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| PRESS RELEASE |
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WAVEFRONT TECHNOLOGY SOLUTIONS INC. |
For Immediate Release: |
Wavefront Preparing for International Markets Cautionary
Disclaimer – Forward Looking Statements THE TSX VENTURE EXCHANGE NEITHER
APPROVES NOR DISAPPROVES THE CONTENTS OF THIS RELEASE WHICH WAS PREPARED
SOLELY AT THE DISCRETION OF MANAGEMENT
Positioning Wavefront to Capitalize on New Growth Opportunities
EDMONTON, Alta., May 28, 2010/ Wavefront Technology Solutions Inc.
(“Wavefront”, TSX-V: WEE), a world leader in providing innovative solutions
for increasing oil field production and enhancing the treatment of
contaminated groundwater, is today announcing that Roger Kazanowski is
stepping down as a board member of Wavefront effective immediately.
Wavefront will announce the appointment of new board members upon conclusion
of an external search and selection process.
"Roger has brought valuable business and operational experience to Wavefront
and we look forward to his advice and insights as an advisor to Wavefront
President and CEO, Brett Davidson,” said Wavefront Board Chairman Steve
Percy.
Wavefront is expanding its operations in key markets around the world to
leverage the growing success of Powerwave’s and Primawave’s positive results
in Canada and the United States. By seeking Board members with broad
experience Wavefront will be in a better position to capitalize on new
growth opportunities.
“Wavefront’s Board is confident that this step will support achievement of
the Corporation’s long term goals,” said Mr. Percy.
For further information please contact:
D.
Brad Paterson, CFO
780-486-2222 ext. 224 Tel
investor.info@onthewavefront.com
On behalf of the Board Of Directors, Wavefront Energy & Environmental
Services Inc.
“D. Brad Paterson” (signed)
D. Brad Paterson, CFO and Director
Certain statements contained herein regarding Wavefront and its operations
constitute “forward-looking statements” within the meaning of Canadian
securities laws and the United States Private Securities Litigation Reform
Act of 1995. All statements that are not historical facts, including without
limitation statements regarding future estimates, plans, objectives,
assumptions or expectations or future performance, are “forward-looking
statements”. In some cases, forward-looking statements can be identified by
terminology such as ‘‘may’’, ‘‘will’’, ‘‘should’’, ‘‘expect’’, ‘‘plan’’,
‘‘anticipate’’, ‘‘believe’’, ‘‘estimate’’, ‘‘predict’’, ‘‘potential’’,
‘‘continue’’ or the negative of these terms or other comparable terminology.
We caution that such “forward-looking statements” involve known and unknown
risks and uncertainties that could cause actual results and future events to
differ materially from those anticipated in such statements. Such factors
include fluctuations in the acceptance rates of Wavefront’s Powerwave and
Primawave Processes, demand for products and services, fluctuations in the
market for oil and gas related products and services, the ability of
Wavefront to attract and maintain key personnel, technology changes, global
political and economic conditions, and other factors that were described in
further detail in Wavefront’s continuous disclosure filings, available on
SEDAR at www.sedar.com. Wavefront expressly disclaims any obligation to
up-date any “forward-looking statements”, other than as required by law.