Mr. Ted Clark reports

WI2WI CORPORATION ANNOUNCES THREE MONTHS ENDING JUNE 30, 2024 (UNAUDITED)

Wi2Wi Corp. has released its unaudited financial results for the second quarter (Q2) ended June 30, 2024. The company reported revenues of $1,685,000, delivering a revenue increase of 8 per cent versus the second quarter of 2023 and a 12-per-cent increase versus the first quarter (Q1) of 2024. Dollar amounts are in U.S. dollars unless otherwise noted.

Key financial highlights

Wi2Wi is committed to accelerating revenue growth by strategically expanding its network of manufacturing representatives and distribution partners in the frequency control business. As part of this initiative, Wi2Wi successfully expanded its presence in key United States territories during Q2 and is planning to strengthen its direct sales team further to capitalize on new market opportunities.

Ted Clark, Wi2Wi chief executive officer, emphasized: "In Q2 2024, we made significant strides in broadening our sales footprint, setting the stage for sustained top-line growth in the latter half of 2024 and beyond. Our ongoing focus on cost optimization, manufacturing efficiencies and flawless execution across all business operations strongly positions us for continued success."

With an unwavering commitment to quality and customer satisfaction, Wi2Wi remains dedicated to delivering exceptional products and services. The company's clear strategic vision and pro-active approach to growth continue to drive substantial business improvement, making Wi2Wi well positioned for future success.

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 U.S. 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 manufacturers' representatives to promote its products and services, and has partnered with world-class distributors for the fulfilment of orders, all of which augment a United States-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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