CA Goldfields Inc (fka CAGI)

[RUBY1100]

NEWS !!! New Wave Media Announces Corporate Update and Uplisting Application

New Wave Media Announces Corporate Update and Uplisting Application

TORONTO, April 12, 2007 /PRNewswire-FirstCall via COMTEX/ -- New Wave Media Inc
-NWWV- is pleased to announce WagerPhone Inc. corporate updates on business
developments and decision on filing an application for Uplisting to NASDAQ
Bulletin board (OTCBB).

Wagerphone management headed by Marc Askenasi and his software implementation
team has been in South America for the last while and will be returning later in
the month and will schedule a conference call to update shareholders on upcoming
launches and joint ventures to be announced imminently. Wagerphone through its
joint ventures with Great Pacific Investments (GPI) and Kiro Corp S.A. (KIRO)
announced Jan 17,2007 have been working extremely hard and fast securing
strategic launch partners of its lottery platform products throughout Latin
America.

New Wave Media Inc has completed all its audits that include outstanding quarters
and annual for 2006 and will be filing within the next 3 weeks. Our attorneys and
advisors have decided to seek an appropriate market maker to aid and assist in
the upgrade of our listing with an application to the OTCBB. This process will
include filing documents which our attorneys are in the middle of now and will
complete within 30 days in which time we will select a market maker to aid in
this filing.

Armando Russo states "Marc and his team are working extremely hard and have some
exciting news for us to update our shareholders shortly. Our decision to make an
application to the OTCBB is the perfect time as our lottery platforms will be
generating revenue in 3rd Quarter if not sooner this year. This management team
we have put together is second to none and I'm sure our shareholders will see the
value of a great management team in a start up company like this. The market
place for our company is massive and we are fast becoming a known innovator and
leading technology player within it."

WP is focused on providing National and State Lotteries with a number of quick
and convenient methods to purchase lottery tickets and scratch cards via the
utilization of SMS, J2ME, Brew, WAP, Interactive Voice Recognition (IVR), and
Online technologies.

New Wave Mobile currently has 137,000,000 restricted and 117,000,000 free trading
shares for a total of 254,000,000 and the transfer agent is transfer Online of
Portland Oregon. Total authorized is 260,000,000 shares.

The company currently is not seeking any additional financing and also states
there is no convertible debt or any financing instruments outstanding at this
time.

This press release contains 'forward looking' statements within the meaning of
Section 21A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934 as amended, and are subject to the safe harbors
created thereby. Such statements involve certain risks and uncertainties
associated with an emerging company. Actual results could differ materially from
those projected in the forward-looking statements as a result of risk factors
discussed in New Wave Mobile reports that will be on file with the US Securities
and Exchange Commission.

http://www.wagerphone.com

SOURCE New Wave Media Inc.
Dennis Burns, [phone]

http://www.prnewswire.com


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