14.01.2005 04:09:00

Infowave Reports Estimated Revenues for Period ending December 31, 200

Infowave Reports Estimated Revenues for Period ending December 31, 2004


    Business Editors

    VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 13, 2005--Infowave Software, Inc. (TSX:IW) ("Infowave"), a leading provider of enterprise mobile applications (EMA), today announced that in preparing its financial statements for the year ended December 31, 2004, the Company has determined that total revenues for the three months ended December 31, 2004 are estimated to be in the range of approximately $400,000 to $500,000. The estimated revenues for the three month period ended December 31, 2004 are lower than the Company's revenues for the prior period ended September 30, 2004. The Company will provide final results when it formally reports its financial performance for the period ended December 31, 2004, anticipated to be in March, 2005.

    About Infowave

    Infowave (TSX:IW) provides enterprises with scalable and robust mobile solutions for improving operational efficiency and increasing the productivity of mobile workers. Infowave's configurable enterprise mobile application (EMA) suite, Telispark Mobile Enterprise, is designed to streamline and integrate business operations required by mobile workers. Infowave mobile solutions are sold directly and indirectly through telecommunications carriers, independent software vendors and systems integrator partners. Some of the world's most innovative organizations, including Hydro One, Shell Oil, Unilever and the U.S. Navy use Infowave solutions to increase the efficiency of their large mobile workforces. For more information, please email info@infowave.com or visit www.infowave.com.

    Forward-Looking Statement

    This press release contains statements that constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this release include a number of risks, uncertainties and other factors, such as the need to develop, integrate and deploy applications to meet our customer's requirements, the possibility of development or deployment difficulties or delays, the dependence on our customer's satisfaction with Infowave's software, its continued commitment to the deployment of the solution, the risks involved in developing software solutions and integrating them with third-party software and services and the other risks and uncertainties described in our Form 10-K filed with the United States Securities and Exchange Commission. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    (C) 2004 Infowave Software, Inc. All rights reserved. Infowave, Telispark Mobile Enterprise and the Infowave logo are trademarks or registered trademarks of Infowave Software, Inc. All other product or service names mentioned herein are the trademarks of their respective owners.

--30--JS/na*

CONTACT: Infowave Software, Inc. - Media Contact Lori-Ann Robb (604) 473-3602 Email: lrobb@infowave.com OR Infowave Software, Inc. - Investor Contact George Reznik Chief Financial Officer (604) 473-3604 Email: greznik@infowave.com Website: www.infowave.com

KEYWORD: NEW YORK INTERNATIONAL CANADA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS TELECOMMUNICATIONS SOFTWARE EARNINGS SOURCE: Infowave Software, Inc.

Copyright Business Wire 2005

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