Inforetech Wireless Retains International Investor Relations Group for IR Program.

Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 8, 2001

Inforetech Wireless Technology Inc.(R)(OTCBB:WYRE) announced today that it has retained International Investor Relations Group, Inc. (IIRG) to undertake a targeted and focused investor relations program for the Company.

"We are very pleased to be working with IIRG to broaden awareness of Inforetech Wireless among the international investment community," stated Robert Silzer, Inforetech Chief Executive Officer. "IIRG's global reach together with their proactive approach to investor relations will help us communicate with our investing public. They have produced successful investor relations campaigns for numerous emerging growth companies such as ours, and we have full confidence in their ability," Silzer added.

IIRG will work with Inforetech to maximize shareholder value and enhance the Company's future financing needs through a dynamic investor relations program, which will be launched with a road show tour of stockbroker presentations in 16 major cities throughout the United States. As part of Inforetech's campaign, IIRG will also provide, among other services: lead generation, media placement, news releases, a detailed research report and broker card, and a hindsight research report for distribution to fund managers throughout the European marketplace. Road show tour dates and locations will be announced in a future press release.

About Inforetech Wireless Technology Inc.

Inforetech(R) Wireless Technology and its golf division Proshot Golf Networks applies global positioning satellites (GPS), radio frequency and a sophisticated integrated network of wireless technology to information systems for the golf and recreational industries. The company's portable product, the Inforemer is the first, patented, sophisticated communications network that utilizes advanced Internet protocols to provide a wireless information system to enhance recreational value, increase golf course profits and improve player safety. The company currently offers four high-end GPS products to the golf industry consisting of three cart-mounted systems and the hand held system. The company's mission is to maintain a leadership position as an international supplier of wireless, hand-held portable recreational devices (PRDs) for applications worldwide. Additional information can be obtained from the company's Web site at http://www.inforetech.com. http://www.proshotgolf.com.

Forward Looking Statements

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: the closing of the transaction; global and market conditions within the golf industry; demand for and market acceptance of new and existing products; successful development of new products; the timing of new product introductions; pricing pressures and other competitive factors; the ability to develop and implement new technologies and to obtain protection for the related intellectual property; as well as other risks and uncertainties, including but not limited to those detailed from time to time in the company's Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. Other brands and names contained in this release are the property of their respective owners.