On4(TM) Communications Highlights 2010 Accomplishments

SCOTTSDALE, AZ, March 8 /PRNewswire-FirstCall/ - On4(TM) Communications, Inc. ("On4(TM)") (ONCI.OB) is very pleased to highlight the company's accomplishments in the first 60 days of 2010. On4(TM) Communications has worked diligently to accomplish the following:

January 19, 2010

On4(TM) Communications moves into new corporate offices, consolidating operations and resources under one roof.

February 5th, 2010

On4(TM) confirms the cancellation of 52,223,931 common shares in the company, which reduced the total number of shares outstanding in the company by over 50%, resulting in 47,651,046 total common shares issued and outstanding.

February 23, 2010

On4(TM) entered into a five year license agreement one of the world's most recognizable brands.

This licensing agreement enables On4(TM) to leverage a global brand to enter into and become a leading provider of Public Safety, Personal Asset and Healthcare location based asset tracking and monitoring services.

Demand for Location Based Services (LBS) is unprecedented. According to the research firm, Gartner, Inc., "The LBS market is expanding, and we expect over 100 million subscribers by 2010, with North America being the leading region. We anticipate the total market to grow to over 660 million by 2013." Gartner estimates that only "5 to 20% of the targeted audience for LBS has been tapped and that mainstream adoption will occur by 2012."

February 24, 2010

On4(TM) reaches an agreement in principle with a manufacturer of GSM based tracking devices, enabling the firm to enter markets faster and to more countries around the world than with just the reach of CDMA technology.

March 2, 2010

On4(TM) defines its entry strategy to become a leading provider of Public Safety, Personal Asset and Healthcare location based asset tracking and monitoring services. The firm is in the process of designing, developing, and marketing personal, people, pet, property, and vehicle location devices to be launched, initially, in the United States and Canada, then to other countries around the world.

On4(TM) believes revenues will be derived from the following sources:

    -  Personal locator device sales through the Retail Channel
    -  Personal locator device sales Direct-to-the-Consumer Channel
    -  Business locator device sales Direct to the Business Channel
    -  Personal locator device accessory sales
    -  On-going, monthly recurring service fees for monitoring and tracking
       services

    Key elements of On4(TM)'s LBS strategy include:

    -  National Brand under which to market LBS services
    -  A high quality, cost effective solution for consumers and businesses
    -  A moderate monthly service fee with multiple access points - mobile
       phone, laptop, or personal computer
    -  Rugged design that meets the rigors of an active user

About On4(TM)

On4(TM) Communications is a globally diversified Location Based Services (LBS) company with offices in Scottsdale, Arizona; in Richmond, British Columbia and representation in China. On4(TM) can provide either hardware-only (GSM or CDMA devices) or fully integrated custom solutions, depending on end-user requirements. On4(TM) also looks to leverage its' strategic relationships through joint ventures, partnerships, licensing agreements and acquisitions to develop their LBS solutions and to provide market opportunities for emerging technologies in the LBS space.

Forward-Looking Statements

From time to time, information provided by the company or statements made by its employees may contain "forward-looking" information, which involve risks and uncertainties. Any statements in this news release that are not statements of historical fact are forward-looking statements (including, but not limited to, statements concerning the characteristics and growth of the company's market and customers, the company's objectives and plans for future operations and products and the company's expected liquidity and capital resources). Such forward-looking statements are based on a number of assumptions and involve a number of risks and uncertainties, and accordingly, actual results could differ materially. Factors that may cause such differences include, but are not limited to: the continued and future acceptance of the company's products and services; the outcome of the ongoing litigation involving the company; the effectiveness of the company's marketing initiatives; the rate of growth in the industries of the company's customers; the presence of competitors with greater technical, marketing, and financial resources; the company's customers' ability to access the credit markets; the company's ability to promptly and effectively respond to technological change to meet evolving customer needs; capacity and supply constraints or difficulties; the company's ability to successfully expand its operations; and changes in general economic or geopolitical conditions. For a further discussion of these and other significant factors to consider in connection with forward-looking statements concerning the company, reference is made to the company's Annual Report on Form 10-K for the year ended October 31, 2009.

The company undertakes no obligation to release publicly the result of any revision to the forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

SOURCE On4 Communications, Inc.