Mr. Ted Clark reports

WI2WI CORPORATION ANNOUNCES THREE MONTHS ENDING MARCH 31, 2024 (UNAUDITED)

Wi2Wi Corp. has released its unaudited financial results for the first quarter ended March 31, 2024. The company reported revenues of $1,508,000, showing similar revenue performance versus fourth quarter (Q4) 2023, but showing a revenue decrease versus first quarter (Q1) 2023.

Key financial highlights

Wi2Wi has a top priority to deliver significant improvement in revenue growth by rebuilding its network of manufacturing reps and distribution partners for the frequency control business. In addition, more sales reps will be added to the direct sales team. During Q1, Wi2Wi made progress in consolidating more of its operations to the Middleton, Wis., location in order to reduce cost and gain efficiency.

Ted Clark, the newly appointed chief executive officer, stated: "By expanding our sales footprint, we believe that we have an excellent opportunity to generate additional business within our current Tier 1 customer base, as well as drive new business in a number of related industry/government sectors. We will do this while relentlessly focusing on cost reduction and flawless execution throughout all of our business functions."

With a company culture built on quality and customer satisfaction, Wi2Wi continues to focus on delivering outstanding products and services, fostering strong customer relationships, and achieving operational excellence. With a clear strategic vision and a renewed focus on delivering top-line growth, Wi2Wi is well positioned to accelerate business improvement.

About Wi2Wi Corp.

Wi2Wi is a specialized electronic component supplier with expertise in all aspects of frequency control devices as well as in wireless technologies. Wi2Wi's Precision Devices brand of products has earned a premier spot in numerous key markets, including avionics, aerospace, industrial equipment, government and the United States military. Wi2Wi's frequency control products are best-in-class and of the highest quality.

Founded in 2005, Wi2Wi's headquarters, design centre and state-of-the-art manufacturing facility are located in the heart of America's industrial belt in Middleton, Wis. Wi2Wi can deliver specific solutions using its in-house design and manufacturing expertise, as well as leveraging many Tier 1 global partnerships with numerous industry leading silicon and wireless technology suppliers.

Wi2Wi has partnered with best-in-class sales leaders. The company uses a global network of manufacturer's representatives to promote its products and services, and has partnered with world-class distributors for the fulfilment of orders all of which augment a U.S.-based direct sales team.

Wi2Wi is extremely proud to serve hundreds of the world's top companies with its made-in-America products.

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