Times Three Wireless Announces New Licensing Professionals

Times Three Wireless Inc. (TSX VENTURE:TTW) ("Times Three" or the "Company") is
pleased to announce the retention of three new key members of its technology and
patent licensing team: Monte Bond, Jeffrey Hunt and Michael Smith.


Monte Bond has been retained as Director, Licensing & Litigation Management. He
is a graduate of Southern Methodist University where he obtained his B.S.
Mechanical Eng. He then received his Juris Doctorate (J.D.) from Texas Tech
University and has practiced as a senior patent litigation attorney with a
number of prominent USA litigation firms. Monte has over 20 years of patent
litigation experience including trials and appeals and substantial licensing and
patent litigation management experience. He will be primarily based in Dallas,
Texas.


Jeffrey Hunt is retained to act as Director, Licensing & Acquisitions. Mr. Hunt
is an experienced U.S. patent attorney with expertise in patent litigation
management, patent infringement analysis and patent prosecution in the U.S. He
has more than twelve years of experience in private practice of intellectual
property law. Jeff was recently designated a Texas Rising Star by Super Lawyers.
He holds J.D., MBA and B.E. Chem. Eng. degrees from Vanderbilt University. 


Michael Smith will act as Director, Patent Portfolio Management. Michael
graduated from the University of St. Thomas with a B.A. Computer Science and was
a software engineer for 15 years. Mike received his M.B.A. at the University of
Minnesota before obtaining his J.D. from Capital University Law School. Michael
is a former Patent Counsel for Research in Motion and has over 16 years'
experience in patent analysis and prosecution, documenting infringement and
patent acquisition due diligence. Michael is a Registered US Patent Attorney and
has maintained his own private patent prosecution law practice for many years.


"Times Three is very pleased to be able to recruit team members of the
demonstrated high caliber and experience of Michael, Jeff and Monte as we embark
on our exciting strategy to enhance our existing technology licensing platform
and to build our new IP licensing programs," said William Middleton, Times
Three's CEO, "I look forward to working closely with them to implement our new
business plans aimed at generating high margin revenue for our Company."


About Times Three

Times Three, originally founded in 1995 as Cell-Loc Inc., is a technology
innovation and licensing company based in Calgary with offices in Toronto,
Austin and Dallas. It has a long history of innovation and successful product
development in wireless location technologies and continues to build its
portfolio of important patents and intellectual property. 


SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS: 

Forward-looking statements are typically identified by words such as
"anticipate", "continue", "estimate", "expect", "forecast", "may", "will",
"project", "could", "plan", "intend", "should", "believe", "outlook",
"potential", "target" and similar words suggesting future events or future
performance. In particular, this news release contains, without limitation,
forward-looking statements pertaining to the timing of closing and use of
proceeds of the proposed private placement financing. With respect to
forward-looking statements contained in this news release, Times Three has made
assumptions regarding, among other things, the use of proceeds of the
financings. Although Times Three believes that the expectations reflected in the
forward looking statements contained in this news release, and the assumptions
on which such forward-looking statements are made, are reasonable, there can be
no assurance that such expectations will prove to be correct. Readers are
cautioned not to place undue reliance on forward-looking statements included in
this news release, as there can be no assurance that the plans, intentions or
expectations upon which the forward-looking statements are based will occur. By
their nature, forward-looking statements involve numerous assumptions, known and
unknown risks and uncertainties that contribute to the possibility that the
predictions, forecasts, projections and other forward-looking statements will
not occur, which may cause Times Three's actual performance and financial
results in future periods to differ materially from any estimates or projections
of future performance or results expressed or implied by such forward-looking
statements. These risks and uncertainties include, among other things, that the
Company may decide it is in the best interests of the Company to deploy the
proceeds raised pursuant to the financings in an alternative manner as well as
the other factors described in Times Three's public filings available in Canada
at www.sedar.com. Readers are cautioned that this list of risk factors should
not be construed as exhaustive.


The forward-looking statements contained in this news release speak only as of
the date of this news release. Except as expressly required by applicable
securities laws, Times Three does not undertake any obligation to publicly
update or revise any forward looking statements, whether as a result of new
information, future events or otherwise. The forward-looking statements
contained in this news release are expressly qualified by this cautionary
statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Times Three Wireless Inc.
William Middleton
CEO
613.897.3894


Times Three Wireless Inc.
David Guebert
CFO
403.569.5700
(TSXV:TTW)
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