US Wireless Online, Inc. (UWRL) Developing a Forex Portal

HENDERSON, Nev., May 8, 2012 /PRNewswire/ -- US Wireless Online, Inc. (PINKSHEETS: UWRL) (www.uswirelesscorporation.com/) is pleased to provide this general update for its shareholders and followers.

The company confirms to its followers that it is in a process of developing a Forex trading platform. The platform will be made available through the trade name Point Zero Fx. Save and except this release most of the corporate communications with the company followers has been through an opt in email subscription. To join the mailing list and receive further updates please read the "Get The Facts Right" portion of this release.

The company is also in the process of courting several IT and technology based companies for the purpose of a merger as its operating subsidiaries.

More updates will follow.

Safe Harbor Statement
Information in this release may contain statements about future expectations, plans, prospects or performance of US Wireless Online, Inc. (PINKSHEETS:UWRL) 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. (PINKSHEETS:UWRL) cautions you that any forward-looking information provided by or on behalf of US Wireless Online, Inc. (PINKSHEETS:UWRL) 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. (PINKSHEETS:UWRL)'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. (PINKSHEETS:UWRL)'s control. In addition to those discussed in US Wireless Online, Inc. (PINKSHEETS:UWRL)'s press releases, public filings, and statements by US Wireless Online, Inc. (PINKSHEETS:UWRL)'s management, including, but not limited to, US Wireless Online, Inc. (PINKSHEETS:UWRL)'s estimate of the sufficiency of its existing capital resources, US Wireless Online, Inc. (PINKSHEETS:UWRL)'s ability to raise additional capital to fund future operations, US Wireless Online, Inc. (PINKSHEETS:UWRL)'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match US Wireless Online, Inc. (PINKSHEETS:UWRL)'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. (PINKSHEETS:UWRL) 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.

Get The Facts Right: The issuer works hard to continue to keep our shareholders informed, and is updated frequently via Press Releases, OTC Markets (Pink Sheets), www.otcmarkets.com and updates to our websites such as www.minamargroup.net CLIENT SUPPORT TAB. Free email alerts on this issuer and others including industry research on penny stocks is available to readers at this link: www.minamargroup.com (top left hand corner) Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. See http://www.minamargroup.com/stock_bashers.php. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.

Contact:
Investor Relations:
www.minamargroup.net/helpdesk
Investor Relations Department Inquiry
www.minamargroup.net (IR)
For (M&A) and Corporate Matters
www.minamargroup.com
1-800-365-4331

SOURCE US Wireless Online, Inc.