Times Three Wireless Announces Engagement of Spinnaker Capital Markets

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Times Three Wireless Inc. (TSX VENTURE:TTW) ("Times Three" or the "Company") is
pleased to announce that it has appointed Spinnaker Capital Markets Inc.
("Spinnaker") as its capital markets and investor relations advisor. 


The agreement is for a term of twelve months from November 6, 2012 to November
6, 2013. Spinnaker's mandate is to help Times Three to develop and expand the
network of investors, analysts, and financial intermediaries who are interested
in the Company's growth and investment story. Spinnaker will provide a full
range of services for a monthly fee of $5,000. The Company has also granted
300,000 stock options at a price of $0.10 per share to Spinnaker as part of the
agreement and has committed to a future grant of an additional 450,000 options.
The agreement is subject to the approval of the TSX Venture Exchange.


"We look forward to working with the first-rate team at Spinnaker to develop a
comprehensive investor relations program aimed at educating and informing
analysts, shareholders and prospective investors about Times Three's business
plans, activities and achievements", said Dave Guebert, Times Three's CFO.


About Spinnaker

Spinnaker is Toronto based advisory firm which provides TSX and TSX.V listed
companies with an array of advisory services from investor relations to the
strategic positioning of companies for maximum exposure amongst targeted
research analysts, and retail and institutional investors. Spinnaker has
long-standing relationships with Canadian, American and European investment
banking, asset management and retail brokerage firms with a focus on the small
to mid-capitalization market segment.


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 and license
its portfolio of important patents and intellectual property. 

The Company's proprietary narrow band location and telemetry technology has been
successfully implemented and licensed to an operator of a 1500 square kilometer
wireless network in Sao Paolo, Brazil. 


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


Spinnaker Capital Markets
Ali Mahdavi
Partner
416.962.3300
am@spinnakercmi.com

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