Wireless Matrix Board Appointee Brings Experience With Enterprise Software Companies & Early Stage Investing

• Press Release
• Source: Wireless Matrix Corporation
• On 9:00 am EST, Tuesday January 13, 2009

RESTON, VIRGINIA--(MARKET WIRE)--Jan 13, 2009 -- Wireless Matrix Corporation (Toronto:WRX.TO - News) announced today that Ms. Kirsten S. Morbeck has been appointed to the company's Board of Directors, effective as of Jan. 12.

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Ms. Morbeck is Managing Director of Warm Spring Partners, a strategic venture firm. She has spent the past 12 years building and investing in early stage technology companies, with focus on three sectors: internet services, wireless and enterprise software. Her investment track record includes investments in seven companies that have gone public or been acquired including Tegic Communications (AOL/Nuance mergers), InterNAP and Aquantive (Microsoft merger).

Her venture experience includes senior positions with Mohr, Davidow Ventures (MDV), and two successful regional venture funds. She co-founded the Early Stage Investment Forum, served on the Boards of both the Northwest Entrepreneur Network and Alliance of Angels, and currently serves as a Strategic Adviser/Board Observer to three venture-backed companies.

Operationally, Ms. Morbeck co-founded a stealth location-based services company in 2007 that is backed by Shasta Ventures, MDV & Bezos Expeditions. In addition, she has worked for Microsoft and Lehman Brothers.

"As a leading location-based services company, Wireless Matrix has a number of qualities that position it for continued success," Ms. Morbeck said. "The company's strong financials, leadership, broad customer base with industry leaders, and the continued evolution of its location- based services combine to provide a platform for consistent future growth."

"Kirsten adds a wealth of business acumen and investment experience to the Board of Directors," said J. Richard Carlson, Wireless Matrix President and CEO. "Her focus on scaling wireless and enterprise software companies will provide great benefit to the company as we enter the next stage of growth. We're quite pleased to welcome her to the Board."

Ms. Morbeck replaces J.G. ("Jeff") Lawson, who resigned from the Board on Dec. 23. She is a graduate of Middlebury College with a B.A. in Economics, Concentration in Applied Mathematics in Sciences.

About Wireless Matrix

Wireless Matrix provides enterprise-class wireless data solutions for business-critical mobile and remote asset operations. The company delivers real-time data services across cellular, satellite and WiFi networks; a variety of modems and hardware platforms; and transportation applications that increase productivity and reduce operating expenses with service fleet operations. Wireless Matrix is headquartered in Reston, Va., and has offices in San Francisco and Burnaby, British Columbia. For more information visit www.wirelessmatrix.com.

     Contacts:
     Wireless Matrix Corporation
     Maria C. Izurieta
     Investor Relations
     (703) 262-4020
     Email: Maria.Izurieta@wrx-us.com
      
     Wireless Matrix Corporation
     Michael Jakab
     Sales
     (703) 262-4086
     Email: Mike.Jakab@wrx-us.com
      
     Wireless Matrix Corporation
     Mark Freeman
     Marketing / Media Relations
     (703) 262-4024
     Email: Mark.Freeman@wrx-us.com
     Website: http://www.wirelessmatrix.com