Avalon RF, Inc. vs. WiFi Wireless, Inc. Litigation Status
| Source: WiFi Wireless, Inc.
ALISO VIEJO, CA--(Marketwire - May 19, 2009) - WiFi Wireless, Inc. (PINKSHEETS : WFWL ) WiFi
Wireless, Inc. and its attorney, Howard Close of Wright, Brown, and Close,
issued a response today to the Feb. 2009 press release from the Law Offices
of Ilona Antonyan, in reference to the trial: Avalon RF, Inc. vs. WiFi
Wireless, Inc.
"WiFi Wireless, Inc. respects, but disagrees with, the jury verdict in the
first phase of the trial of the case Avalon RF, Inc. vs. WiFi Wireless,
Inc. In the second phase of the trial, the court denied Avalon's claims for
punitive damages. WiFi Wireless, Inc. will pursue all viable legal options
with the trial court, including moving for a new trial and a judgment
notwithstanding the verdict. If it becomes necessary, WiFi Wireless, Inc.
will also pursue its rights on appeal."
About WiFi Wireless, Inc.
WiFi Wireless, Inc. (www.wifiwirelessinc.com) develops leading edge,
proprietary, technology driven, satellite and wireless cargo container
monitoring and tracking systems. These systems provide security in an
increasingly complex and vulnerable international supply chain. Along with
the hardware system they designed, they have developed proprietary software
that is an essential component of the infrastructure of cargo container
monitoring systems. WiFi's software has the ability to interface between
universally adopted and readily available hardware components, and has been
proven to provide a link-level encryption to prevent unauthorized access.
WiFi's software has the ability to be integrated on every ship with
existing communications systems and existing hardware configurations,
utilizing its software interface capabilities. WiFi's system can
communicate large amounts of data regarding the condition and location of
cargo containers, at a rapid rate, in multiple environmental conditions, in
a real time format, and this information can be accessed anywhere in the
world by using a satellite-Internet based monitoring system.
"SAFE HARBOR"
This press release contains forward-looking statements. The company
undertakes no obligation to publicly update or revise any forward-looking
statements, whether because of new information, future events, or
otherwise. Forward-looking statements are inherently subject to risks and
uncertainties, some of which cannot be predicted, or quantified. Future
events and actual results could differ materially from those set forth in,
contemplated by, or underlying the forward-looking statements. The risks
and uncertainties to which forward-looking statements are subject include,
but are not limited to, the effect of government regulation, competition
and other material risks.