Wireless Age Communications, Inc. (fka WLSA)

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http://ih.advfn.com/p.php?pid=nmona&article=52378180



Wireless Age Outsources CR40 & CRF40 Manufacturing
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Wireless Age Communs (PL) (USOTC:WLSA)
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Today : Friday 11 May 2012



John G. Simmonds, Chairman & CEO of Wireless Age Communications Inc. ("WLSA") (PINKSHEETS:WLSA), operating as Vertility Technology Corporation ("Vertility") (www.vertilitytechnology.com), announced today that is has entered into a contract with Covenant Industries, ("Covenant") to process tires collected by Covenant into CR40 & CRF40.

Covenant, located in Waterford, Ontario has been in the business of recycling tires for over 2 years. They have a consistent supply of tires and have committed to producing CR40a60/0 exclusively for Vertility Technology.

Initially, Covenant can supply up to 2 tons per day. We expect with additional equipment and expanded facilities this amount can increase to 10 tons per day by the third quarter. The testing is now complete and the product is ready for processing and commitments have been received for large quantities.

John Simmonds stated, "We now have concluded the transaction to acquire the rights to the crumb from Clair Shoemaker and his Group for cash and shares and are very excited about the potential of the product. In addition to Oil Spill Recovery, we have discovered other significant uses for both crumb and fibre and are pursuing these opportunities with several potential customers."

Vertility Technology Corporation is a public company focused on acquiring and expanding companies providing end-to-end life cycle solutions for waste and energy efficient products and services for residential, commercial and industrial end users.

This press release contains "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain. Wireless Age Communications, Inc. cannot provide assurances that the matters described in this press release will be successfully completed or that the company will realize the anticipated benefits of any transaction. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to: global economic and market conditions; the war on terrorism and the potential for war or other hostilities in other parts of the world; the availability of financing and lines of credit; successful integration of acquired or merged businesses; changes in interest rates; management's ability to forecast revenues and control expenses, especially on a quarterly basis; unexpected decline in revenues without a corresponding and timely slowdown in expense growth; the company's ability to retain key management and employees; intense competition and the company's ability to meet demand at competitive prices and to continue to introduce new products and new versions of existing products that keep pace with technological developments, satisfy increasingly sophisticated customer requirements and achieve market acceptance; relationships with significant suppliers and customers; as well as other risks and uncertainties, including but not limited to those detailed from time to time in Wireless Age Communications, Inc. SEC filings. Wireless Age Communications, Inc. undertakes no obligation to update information contained in this release. For further information regarding risks and uncertainties associated with Wireless Age Communications, Inc.'s business, please refer to the risks and uncertainties detailed from time to time in Wireless Age Communications, Int.'s SEC filings.

Contacts:

Wireless Age Communications Inc.

Mr. John G. Simmonds

Chairman, President and Chief Executive Officer