Wireless Grids Corporation (WGC) Demonstrates Paradigm-Shifting We-Jay(TM) Edgeware Beta Product With Magic Mirror(TM) Technology at National Science Foundation (NSF) Partnerships for Innovation (PFI) / Wireless Grid Innovation Testbed (WiGiT) Meeting/Webconference Held at Syracuse University, Confirms Shipping to Customers in June

Wireless Grids Corporation (WGC) Demonstrates Paradigm-Shifting We-Jay(TM) Edgeware Beta Product With Magic Mirror(TM) Technology at National Science Foundation (NSF) Partnerships for Innovation (PFI) / Wireless Grid Innovation Testbed (WiGiT) Meeting/Webconference Held at Syracuse University, Confirms Shipping to Customers in June

AUSTIN, Texas, May 26 /PRNewswire/ -- Wireless Grids Corporation (WGC) CEO John Andrews demonstrated the We-Jay(TM) Beta Product with paradigm-shifting Magic Mirror(TM) technology at the 4th National Science Foundation (NSF) Partnerships for Innovation (PFI) / Wireless Grid Innovation Testbed (WiGiT) Meeting/Webconference at Syracuse University's Center of Excellence in Energy and Environmental Systems (COE). WiGiT is developing open specifications for wireless grids, in cooperation with WGC and other university, industry and government partners.

We-Jay(TM) is a music based application that allows users to discover new music and create their own music channels as the DJ. We-Jay(TM) also has familiar capabilities found in social networks such as Facebook(TM) We-Jay(TM) users can create playlists, and interact by text based messaging. We Jay(TM) is expected to be released June initially to approximately 2.5 million users in a previously announced commercial deployment by Latitude30(TM)

WGC CEO John Andrews said, "We-Jay(TM) also allows us to create additional revenue channels by way of third-party advertisers, gathering valuable demographic data, and discovery of new trends through multi-faceted social networking. The potential for expanded revenue is virtually limitless through these unique marketing tools that allow exponential expansion of the user base through social networking. Given the popular or 'viral nature' of the solution, revenue share arrangements hold significant potential for WGC," says John Andrews, CEO of WGC.

Syracuse University Associate Provost for Entrepreneurship and Innovation Bruce Kingma, a WiGiT co-principal investigator, added: "We are delighted to see WGC's edgeware solution We-Jay debut at the company's birthplace. The company, spun out of Syracuse University research 6 years ago, has continued to engage the Syracuse community as well as many of our students and faculty in its market-leading research and development efforts."

Mr. Andrews's demonstration of We-Jay was featured on the agenda of the 4th WiGiT (Wireless Grid Innovation Testbed) meeting, May 21, 2010. WiGiT partners include Qualcomm, SRC, Innoventure, MOD-Eco, Sensyr, StandardID, Summerhill Biomass Systems, the Syracuse City School District and WGC. The open specifications may build on top of Application Programming Interfaces defined for Virginia Tech's cognitive radio network testbed, and will include specifications for edgeware as well, WGC's product area, to create social communities of content, software, devices, and services, including both cloud computing and smart grid features as shared services. Uses of wireless grid applications in distributed computing, collaborative learning, gaming, green/clean tech communities (Urban Farm/Greenhouse sesnors), military applications and neighborhood notification services were discussed at the 4th WiGiT meeting, illustrating the wide range of uses to be expected from WiGiT's modular open standards.

The National Science Foundation (NSF) Partnership for Innovation (PFI) program provided a two year grant totaling $600,000.00 for the Wireless Grid Innovation Testbed (WiGiT). Initially including Syracuse University, Virginia Tech, Massachusetts Institute of Technology (MIT), Tufts University and Instituto Superior Tecnico (IST), Lisbon faculty, at the 4th meeting colleagues from Brighthouse Networks, the Burton Blatt Institute, University of Wisconsin and the National Public Inclusive Infrastructure initiative, mentioned in the FCC's recently released Broadband Plan, also commented on WiGiT.

About Wireless Grids Corporation:

WGC's edgeware product enables a social community of people to dynamically interact with content on their mobile (and other) devices. Wireless Grids Corporation (WGC) was spun out of Syracuse University and its labs and is developing a software based solution which is a next generation platform that transforms computer networking and wireless infrastructures (all devices) ability to interact seamlessly with little configuration. WGC has been widely recognized, including "One of the 9 Wireless Companies to Watch," Network World 2008. WGC is an Intel Certified Partner, an Academic Research Partner with Syracuse University, and an Academic Research Support Partner with the National Science Foundation (NSF).

Company Contact:
Amber Cassidy
Varsity Media Group
(512) 527-2500
amber@varsitymediagroup.com

Safe Harbor Statement: Forward-Looking Statements

This press release contains certain "forward-looking statements". Such statements include statements relating to the recent strengthening of the leadership team of the company and other statements relating to future events or to the company's future financial performance and are not historical facts, including statements which may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Forward-looking statements are not guarantees of future performance are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the control of the company. Actual results may differ materially from the expectations contained in the forward-looking statements. More detailed information about the company and the risk factors that may affect the realization of forward-looking statements is set forth in the company's Private Placement Memorandum. The company does not undertake to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

Source: Wireless Grids Corporation

CONTACT: Amber Cassidy of Varsity Media Group, +1-512-527-2500,
amber@varsitymediagroup.com, for Wireless Grids Corporation

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