Wireless Matrix announces resignation of chief financial officer

July 1, 2004

1 Min Read

CALGARY -- Wireless Matrix Corporation (the "Company") (TSX:WRX) announced today that Mark Weder will be resigning from his position as Chief Financial Officer (“CFO”) in order to pursue other opportunities effective July 7, 2004. During the past four years as CFO, Mr. Weder was an integral part of the team that fueled the Company's growth to date. The Company has commenced a search for a new CFO. Lesley Bolster, the Company’s Controller, will assume the CFO duties on an interim basis.

“I would like to thank Mark for his contributions throughout the formative years of Wireless Matrix. I would also like to thank Mark personally for his professionalism and commitment to the Company and our Stakeholders while working through a transition period since my start with the Company on May 10th.” said J. Richard Carlson, President and Chief Executive Officer. “On behalf of the Board, management team, and employees we wish Mark all the success in the world in his future endeavours."

Wireless Matrix Corporation

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