US Wireless Online Inc. (UWRL) Assesses China Mobile Application Merger Candidate

HENDERSON, NV, July 6 /PRNewswire-FirstCall/ - US Wireless Online Inc. (UWRL; www.uswirelesscorporation.com) is pleased to introduce potential merger company, Vu365 www.Vu365.com. (365 Group)

365 Group roots date back to 2005 and is in the business of developing and operating web and casual games. It is based in Nanchang, Jianxi Province, and employs 35 people. Over the years the company grew organically with acquisitions, enhancements and developments of a popular China based download portal PP365. PP365 briefly entered the public markets in 2008 where it attracted the attention of VU365 management. PP365 continues to be a solid performer for the 365 Group.

The 365 Group has several products in development: an assortment of strategic web games, cyber games and 3-D large scale competitive games with focus on oriental themes. Vu365 has already garnered popularity as the sole agent of a Korean MMORPG (Massively Multiplayer Online Role-Playing Game), a game that accrued 3000 online gamers and a monthly residual income of almost 300,000 RMB about $10,000.00 USD from that single application alone.

UWRL is in the final stages of due diligence and negotiations with Vu365 Group with the finalization of the merger virtually on a cusp of completion. UWRL has been in the process of seeking merger candidates, and strongly believes this merger candidate has huge potential. This belief is supported with PP365 brief entry in the public markets and the remarkable results achieved. The UWRL board thinks Vu365 is charting the way for global opportunities in the gaming sector. Future possibilities and expansions for the 365 Group includes expansion into SMS and MMS mobile type applications focusing on tri-way wireless network technology turn-key solutions for China based governments and businesses, and similar types of emerging mobile technologies.

In other company news, a source close to the UWRL said " UWRL continues its aspirations towards acquiring the previously announced Canadian based Welcome Place Software (WP) company. Both companies continue to work close in all aspects. At present UWRL and WP enjoy a signed letter of understanding with WP vigorously progressing with the name change, the launch of a new platform and more importantly exploring ways and means to dove tail the WP application into a mobile application and the future of UWRL global business game plan. All the pieces are slowly coming together and with VU365 platform the aforementioned global vision of the UWRL organization as a whole carries enormous potential. The management of UWRL, VU365 and WP are mindful of the opportunity at hand and have set a realistic workable timetable to reach these milestones. The management believes that this is well under way"

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Information in this news release may contain statements about future expectations, plans, prospects or performance of US Wireless Online, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. US Wireless Online, Inc. cautions you that any forward-looking information provided by or on behalf of US Wireless Online, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. US Wireless Online, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond US Wireless Online, Inc.'s control. In addition to those discussed in US Wireless Online, Inc.'s press releases, public filings, and statements by US Wireless Online, Inc.'s management, including, but not limited to, US Wireless Online, Inc.'s estimate of the sufficiency of its existing capital resources, US Wireless Online, Inc.'s ability to raise additional capital to fund future operations, US Wireless Online, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match US Wireless Online, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. US Wireless Online, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

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SOURCE US Wireless Online, Inc.