On4(TM) Communications, Inc prepares to launch location based asset tracking & monitoring services during 2010 in multiple vertical markets - Public Safety, Personal Assets, and Healthcare industries

SCOTTSDALE, AZ, March 2 /PRNewswire-FirstCall/ - On4(TM) Communications Inc. ("On4(TM)") (ONCI.OB) prepares to launch its location based asset tracking and monitoring services in public safety, personal assets, and healthcare market sectors.

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."

According to On4's CEO, Cameron Robb, "We believe that On4's product offering is positioned at the right time, the right price and focused on the right vertical markets to leverage this adoption period. Our family of service products represents the much sought after applications to stimulate the growth of personal location and tracking services."

Mr. Robb went on to say, "By taking advantage of the latest in GPS, GSM, CDMA, and Internet technologies, On4 will enable consumers and businesses to effectively and efficiently manage their assets and stay in constant contact with loved ones. It is to this end that we will provide our customers the ability to track the things they love the most."

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 and acquisitions 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.