Cell Wireless Corporation Completes and Files 10-QSB Filing Establishing Its Assets, Income and Profits for the Period Ending March 31, 2005.

TUCSON, Ariz. -- Cell Wireless Corporation ("CLWL or the "Company") (OTCBB:CLWL) announced today that last week it completed the filing of its 10QSB for the quarter ending March 31, 2005. With the filing of the Company's 10KSB and its 3-31-05 10QSB it signals the removal of the "E" from our trading symbol.

John Bohringer, President and CEO of Cell Wireless Corporation stated, "The filing process has been an arduous one for Cell Wireless particularly with it being our first time and all of the constantly changing Sarbanes Oxley regulations."

He further stated, "We have reorganized the Company to meet the filing demands in the future and now believe these issues will not arise in the future. We pledge to our shareholders that we are now prepared to meet the filing challenges in the future."

Cell Wireless Corporation reported First Quarter Revenues of $1,418,432; Gross Profits of $739,182 and Pre-tax Profits of $335,790 with a Net Earnings Per share of $0.03 fully diluted. The Company further reported Total Assets of $3,452,950 making for a solid foundation for future growth and expansion. (all numbers are in US Dollars).

Mr. Bohringer went on to explain, "With the removal of the 'E' from our trading symbol we can now move forward aggressively with our business strategy. Our pipeline is full of opportunities ranging from new strategic alliances fashioning new and exciting telecommunication products along with two acquisitions we have under active negotiations. Our 140,000 plus multi-level marketers are anxiously awaiting the fulfillment of these innovations to the 200 plus international countries that we are presently selling in."

Mr. Bohringer further stated, "The time for Cell Wireless to break out is now," and added, "we are Ready."

Cell Wireless Corporation is one of the fastest growing telecommunication network marketing companies in the world providing discounted cell phone minutes in the world and has developed a dynamic marketing and sales program designed to create exceptional and consistent growth. Cell Wireless Corporation currently has a worldwide network of marketing and sales associates operating in over 200 countries.

Cell Wireless Corporation is an international telecommunications company with innovative, proprietary software, operating on one of the U.S.'s largest communication platforms serving 14 million residential customers and more than 1 million coveted corporate customers. Cell Wireless Corporation operates a dynamic network marketing and cell phone time distribution program worldwide.

Safe Harbor Statement

Note: Certain statements in this news release may contain "forward-looking" information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. CLWL undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.

TO VIEW OUR FILINGS GO TO: www.cellwireless.com; click on "investor information"; click on "SEC filings"