Ms. Sue Amarin reports

WI2WI ANNOUNCES US$2.6 MILLION THREE-YEAR CONTRACT WITH A CONFIDENTIAL DEFENSE ORGANIZATION, STOCK OPTION GRANT, AND INVESTOR RELATIONS ENGAGEMENT

Wi2Wi Corp. has entered into a three-year contract, valued at $2.6-million (U.S.), with a confidential defence organization for Precision Devices products for an aerospace application. The company also announces the grant of 2.1 million stock options to officers and directors at an exercise price of 7.5 cents per stock option, and an investor relations engagement with Boardmarker Group, subject to TSX Venture Exchange approval.

Customer contract

The company has entered into a three-year contract valued at approximately $2.6-million (U.S.) with a confidential defence organization. Under the contract, Wi2Wi will supply Precision Devices products for an aerospace application. Precision Devices is the company's made-in-U.S., vertically integrated line of high-reliability precision timing and frequency control products, including industrial and MIL-SPEC crystals, oscillators, and filters serving defence, aerospace, medical and industrial applications.

Sue Amarin, chief executive officer and director, states: "This contract reflects continued demand for our made-in-USA Precision Devices products and our customers' confidence in Wi2Wi's quality and reliability. Those relationships have been built over many years with aerospace, defence and industrial OEMs who depend on our high-reliability timing and frequency-control solutions. We are also seeing increasing demand as defense spending rises and programs require trusted U.S. manufacturing. We are also formalizing our investor relations support so shareholders and the investment community have a clear point of contact as we execute."

Stock option grant

The company has granted 2.1 million stock options to officers and directors of the company at an exercise price of 7.5 cents per stock option. The grant is subject to TSX Venture Exchange acceptance.

Investor relations engagement

The company has engaged Calgary-based 1359410 Alberta Inc., carrying on business as Boardmarker Group, to primarily provide investor relations services in accordance with TSX Venture Exchange policies. Boardmarker has provided scalable investor relations services to over 30 clients since its inception in 2007. Under the agreement, Boardmarker will receive compensation of $6,000 per month, plus GST, for an initial 90-day probationary period, and an initial option grant of 500,000 options at an exercise price of 10 cents. The probationary period forms part of a one-year term commencing on the effective date. If the agreement has not been terminated prior to or upon expiry of the probationary period, the engagement continues for the remainder of that one-year term.

Boardmarker will provide investor relations services, including shareholder identification and communications, investor materials, capital-markets support, support for the company's X, LinkedIn and YouTube channels, and day-to-day handling of the investor relations inbox, as directed by the company.

Boardmarker Group is operated by Dean Stuart, a Calgary-based consultant for the past 19 years. Mr. Stuart holds a BA, economics, from the University of Calgary and was previously employed by the Alberta Stock Exchange in the market surveillance department. Boardmarker and the company are unrelated and unaffiliated entities and, at the time of the agreement, Boardmarker owns 10,000 securities of the company. The engagement and the Boardmarker option grant described above are subject to TSX Venture Exchange review and approval.

About Wi2Wi Corp.

Wi2Wi is a vertically integrated, made-in-U.S. manufacturer of high-reliability precision timing and frequency control products for defence, aerospace, medical and industrial applications. Headquartered in Middleton, Wis., the company delivers industrial and MIL-SPEC crystals, oscillators, and filters under the Precision Devices brand.

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