Inforetech Wireless Technology, Inc. Featured on MacReport.Net


VANCOUVER, British Columbia, Oct. 9, 2002 (PRIMEZONE) -- Inforetech Wireless Technology, Inc. (OTCBB:WYRE) announced today that CEO Robert C. Silzer and Inforetech are featured on the MacReport.Net, a leading provider of online business and financial information.

"Through our presence on the MacReport.Net, Inforetech Wireless continues its effort to increase the company's exposure and distribute information to the investment community. This is a great platform for our company to reach Inforetech's shareholders as well as potential investors while delivering our story in a way that is both intimate and efficient," stated Robert Silzer.

For more information please visit: www.macreport.net

About The MacReport.Net, Inc.

The MacReport.Net is an information and media company that provides a Web-based forum for public and private issuers to communicate corporate audio and video news content to the business, financial and investing community through its Web site, located at: www.macreport.net. The MacReport.Net also plans to provide creative and production services to develop visual events ranging from live coverage of merger announcements to public relations campaigns to new product introductions.

About Inforetech Wireless Technology, Inc.

Inforetech Wireless Technology uses global positioning systems (GPS) combined with high-speed wireless communications technology to deliver information systems for the golf industry. The company's product, the first-patented communications network that utilizes advanced Internet protocols to provide a wireless information system, enhances enjoyment, awareness and skill of the game, increases golf course profits and improves pace-of-play issues. The company's mission is to build and maintain a strong, viable position as an international supplier of GPS-based golf devices. Additional information can be obtained from the company's Web site: www.inforetech.com

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: The Company's ability to raise finance; global and market conditions within the golf industry; demand for and market acceptance of new and existing products; successful development of new products; the timing of new product introductions; pricing pressures and other competitive factors; the ability to develop and implement new technologies and to obtain protection for the related intellectual property; as well as other risks and uncertainties, including but not limited to those detailed from time to time in the company's Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. Other brands and names contained in this release are the property of their respective owners.



            

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