WiseNav reports good progress at AGM

November 22, 2006; 12:44 AM

Edmonton, Canada - At WiseNav Inc’s annual general meeting held last week the company provided a positive update to its shareholders on progress so far. The highlights included:

The first product in the WiseNav family, WiseNav/Personal, has been well received by the HSP/ISP and end-user communities alike with new HSP’s signed-up in the UK and North America.

WiseNav’s VP of Product management Shay Matasaro previewed the latest version of WiseNav family at the AGM to positive acclaim.

“The WiseNav technology has constantly impressed me and the preview shown today at the AGM looks set to re-define the marketplace as we know it.” says Alex McPherson investor in WiseNav and Professor Emeritus, University of Alberta.

“I have always believed in the WiseNav vision of a rich-media web presence for the masses, it now looks like the vision is becoming a reality.”  said Quinn Holtby investor in WiseNav and founder and president of Katch Kan, “WiseNav has assembled a talented team of individuals who I am confident will deliver on the company’s vision”

“I am extremely happy with the progress we have made over the past six months. I am confident that our early success will provide a sound basis for growth in 2007 and beyond” stated Mike Hensman, WiseNav Inc president. He continued, “The response we have had in the marketplace has been staggering and with our new resources we are ideally positioned to exploit this massive opportunity.”

WiseNav is ideally suited for consumer and entertainment users, where Flash rules, such as – visual blogs, my vacation, my family, my wedding, my band etc. The WiseNav product range was developed to allow rapid development of visually engaging multi-media web-sites by non-IT literate individuals. Using WiseNav it is now possible to create a highly interactive, rich-media web-site using a simple intuitive interface. The web-site is generated and output in Flash, the industry standard for rich-media sites. No HTML programming is required at all; building complex web applications is as easy as using Word or PowerPoint.

WiseNav/Personal for HSP’s is delivered as a service and charged on a monthly basis.

About WiseNav
WiseNav (previously of WiseVillage Inc.) develops, markets and sells dynamic website building products.  These are delivered to users through Hosting Service Providers.  WiseNav are an international company, with offices in North America and Europe.

For more information contact
North America – Deb Pare, +1 780 973 3299
Europe – Mike Hudgell, +44 (0) 1256 345 572

Word and PowerPoint are trademarks of Microsoft Inc. Flash is a trademark of Macromedia Inc.