LAVAL, QUEBEC, Aug 29, 2008 (MARKET WIRE via COMTEX) ----To the attention of Business and Financial Editors

Datacom Wireless Corporation ("Datacom" or "the Company")(TSX VENTURE: DAT), a Canadian leader in the design, development and marketing of mission critical vehicle fleet management and theft prevention solutions today announced its financial results for the three-month period ended June 30, 2008.

First Quarter Growth Highlights:

- During the second quarter of 2008, the following new customers and/or units were added:

-- 41 new Mobicom customers (commercial market)

--- 502 Mobicom units sold (335 in 2007)

-- 486 Mobilus units (consumer market) (656 in 2007)

-- 4,860 Mobiguard units (consumer market) (2,609 in 2007)

-- 187 Vigil GPS units (consumer market) (nil in 2007)

- Eric Morin was appointed General Manager with responsibility for the Corporation's day-to-day operations. Mr. Morin originally joined the Corporation in June 2002 and was named Vice-President of Operations in February 2007. As General Manager, he will be responsible for the Corporation's day-to-day operations, in addition to retaining his duties as Vice-President of Operations.

- Datacom now has thee local resources operating in its Calgary sales office. Sales figures for Calgary are in line with the Corporation's expectations.

- As explained in our press release issued on July 30, 2008, the Company decided to reorient activities around the sale of Mobicom Fleet Management Solutions and progressively terminate Mobilus and Vigil products' activities. We refer you to the Management Discussion and Analysis with respect to the June 30, 2008 Financial Statements and the press release of July 30, 2008 for more details.

- Also, during the quarter, the Corporation introduced its new all-inclusive instalment sales plan, which enables customers to make monthly payments over a three-year period covering equipment and service charges. Under this plan, the Corporation will have a competitive market offer; in addition, customer feedback has been very positive. The Corporation has begun seeking private financing for the all-inclusive instalment sales plan with a view to limiting the potentially negative short-term impact on the Corporation's cash position if the Corporation provides the financing.

- Finally, as at June 30, 2008, 3,024 Web-based fixed wireless management systems (Rosemount 753R with ITraX) have been sold. The Corporation took part in the development of this product in association with a subsidiary of Emerson Electric Co. and continues to provide development and IT support services. The original agreement between the Corporation and Emerson Electric Co. under which royalties are paid to Datacom based on the number of units sold expired in July 2008. Discussions are under way to renew this agreement.

"Through the second quarter, the Company has been implementing the action plan it instituted at the beginning of the second quarter and that is designed to enhance the Company's profitability by orienting activities around profitable Fleet Management solutions and by cutting operating expenses," noted Pierre Belanger, Acting President and CEO of Datacom.

Option grants

The Company announces that it has granted to three of the Corporation's officers, Eric Morin, Claude Bergeron and James Chandik, a total of 700,000 options to purchase common shares of the Corporation. Each of these options is exercisable at a price of $0.20 per share and will expire on August 25, 2018. The options have been granted pursuant to the Corporation's incentive stock option plan.

About Datacom Wireless Corporation:

Founded in 1999, Datacom has grown to become one of the Canadian leaders in the design, development and marketing of mission critical vehicle fleet management and theft prevention solutions. Its products and services use wireless communications and satellite-based tracking technologies (GPS) and a state-of-the-art ASP information portal.

Forward-Looking Statements:

This press release includes certain statements that may be deemed "forward-looking statements". Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", and other similar words, or statements that certain events or conditions "may" or "will" occur. All statements in this release, other than statements of historical facts, that address future events or developments that the Company expects or anticipates, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices and general economic, market or business conditions. There can be no assurance that forward-looking statements will prove to be accurate, as results and future events could differ materially from those anticipated statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

All trademarks and brands mentioned in this Press Release are the property of their respective owners.

 Contacts: DATACOM Pierre Belanger Acting President and CEO (450) 781-6020 Email: pbelanger@datacom.com
   

SOURCE: Datacom Wireless Corporation

mailto:pbelanger@datacom.com 

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