Mr. Marshall Mewha reports

GOLO MOBILE INC. ANNOUNCES LOAN FROM INSIDER

Golo Mobile Inc. has received a bridge loan in the principal amount of $100,000 personally from an insider of the company, James McRoberts. The company will be using the loan proceeds for general corporate purposes.

The company will issue an unsecured promissory note to the lender today to evidence the loan. The note will bear interest of 12 per cent, payable on the outstanding amount of the principal amount on the date of the demand for payment. The demand cannot be made earlier than 12 months from the date of the note.

The issuance of the note constitutes a related party transaction under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions, but is exempt from the valuation and minority shareholder approval requirements under sections 5.5(a) and 5.7(1)(f) thereof.

The company may prepay all or any part of the indebtedness evidenced by the note without notice, bonus or penalty.

The loan is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals.

Golo is listed on the NEX board of the TSX Venture Exchange under the symbol WLTR.H.

We seek Safe Harbor.