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Reality Wireless Networks Executes Definitive Merger Agreement With $29 Million Diversified Trading Company

GIG HARBOR, Wash.--(BUSINESS WIRE)--July 28, 2005--
Reality Wireless Networks, Inc. (OTCBB:RWNW) ("Reality")
announced that on July 21, 2005 it entered into a definitive merger
agreement with Arabian Recab For Trading Co. ("Recab International").
Recab International (and its predecessor organization) is a 25 year
old Saudi Arabian company focused primarily on the transportation
industry. For the year ended December 31, 2004, Recab International
generated more than 111,750,000 Saudi Riyal (approximately $29 million
USD).

Recab International operates four primary divisions:

-- Auto & Equipment

-- Transportation & Logistics

-- Private Transportation (Buses)

-- Building Materials & Concrete Products

The Auto & Equipment division imports and sells commercial
vehicles from Mercedes Benz (among others), as well as commercial and
passenger vehicles manufactured by Toyota, Mitsubishi, Hyundai and
Volkswagen. Recab International sells through showroom facilities in
Riyadh, Jeddah and Dammam. This division also supplies equipment to
fleet owners and private dealers for auto maintenance.
The Transportation and Logistics division (Road Freight,
International Freight Forwarding, Bulk Shipments) owns and operates
nearly 300 tractor units (and similar equipment). Recab International
has significant contracts with major firms such as SABIC, which is a
leading global petrochemical company, HADDID, SAFOLA and others to
carry goods within Saudi Arabia and throughout the Gulf. Additionally,
Recab International has contracts with sole agents of Toyota, Nissan,
Mitsubishi and others to transport new vehicles throughout Saudi
Arabia and to and from other Arab nations.
The Private Transportation division operates approximately 250
buses (US School type) in Riyadh, Jeddah and Dammam (as well as other
locations) under contract for the transportation of students,
teachers, defense personnel and government employees.
The Building Materials & Concrete Products division operates
concrete ready-mix facilities, cement block making, stone and granite
crushing and polishing plants in Jeddah and Mecca.
The merger agreement provides that all of the shares of common
stock of Recab International issued and outstanding at the time the
merger becomes effective under applicable state law (the "Effective
Time"), will be converted into common stock of Registrant such that
the current holders of Arabian Recab common stock will hold 98% of all
shares of Reality's common stock outstanding immediately after the
closing of this merger transaction.

About Reality Wireless Networks Inc.

Reality Wireless Networks, Inc., a publicly-traded Nevada
corporation, previously offered broadband wireless services through
hybrid networks including fixed wireless, 802.11, and fiber to markets
either underserved or not served by DSL and cable modem technologies.
Reality has shifted focus to seek growth opportunities in the wireless
marketplace and related product industries [e-mail].
More information about Reality Wireless Networks Inc. can be found at
www.sec.gov.

NOTE: Information contained in this press release, other than
historical information, should be considered forward-looking in nature
and is subject to various risks or uncertainties and assumptions.
Should one or more of these risks or uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may vary
materially from those anticipated, estimated or expected. Among the
key factors that may have a direct bearing on the operating results,
performance or financial condition are the company's ability to
achieve and manage growth; the company's success in securing
third-party commitments, production agreements and/or licensing
contracts; the company's ability to comply with federal, state and
local government regulations and/or unforeseen changes in federal or
and government regulation; the company's ability to complete
acquisitions or integrate the acquired business into its operations
and to successfully identify suitable acquisition candidates; the
company's ability to attract and retain qualified personnel; the
company's ability to secure necessary financing; potential litigation
by shareholders and/or former or current advisors against the company;
and the company's ability to develop new services; and other factors
discussed in Reality's filings with the Securities and Exchange
Commission.

For further information, please contact Steve Careaga at
253-853-3632, or send correspondence to 4916 Point Fosdick Dr., Suite
102, Gig Harbor, WA 98335