RARITAN, N.J., Oct. 6 /PRNewswire-FirstCall/ -- Wi-Tron, Inc. (OTC:WTRO) (BULLETIN BOARD: WTRO) , a developer and manufacturer of high-tech ultra-linear power amplifiers, today provided additional information to clarify its intent to conduct a private placement to raise $3-5 million. Neither Wi-Tron's press release of October 3, 2006 nor this press release constitute an offer to sell or the solicitation of an offer to buy securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. The Units and the securities comprising the Units, including the common stock, warrants, and shares of common stock underlying the warrants have not been registered under the Securities Act of 1933, as amended, or applicable state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws. Wi-Tron's investor relations representative, Craig H. Bird, President of Segue Ventures noted, "Wi-Tron is committed to fair disclosure and complying with Regulation FD. Management decided the capital raise constituted a material event and disclosed this to the public, however there was no intent to solicit or advertise." The private placement is offered only to eligible investors. Wi-Tron will be presenting at the Southern California Investment Association's (SCIA - http://www.sciaonline.org/) Micro Cap Conference this Saturday morning in Irvine, CA and at the Arch Investment Conference on October 17th (http://www.archconferences.com/). Wi-Tron intends to use the net proceeds of this offering to complete its reorganization, increase its R&D program and for working capital and general corporate purposes. The offering is expected to close on November 15th, 2006, subject to customary closing conditions. Mr. Bird added, "I encourage everyone to visit the investor relations website at http://finance.groups.yahoo.com/group/Wi-Tron/ or e-mail me at or call (215) 885-4981. I am here to answer questions and provide information about Wi-Tron, Inc." For product information, visit http://www.wi-tron.com/. About Southern California Investment Association: SCIA National Small Cap Syndicate is a comprehensive national organization developed to facilitate stock support and capital formation for small and emerging-growth companies. The alliance consists of almost 200 influential member firms plus associates including NASD broker/dealers, bankers, investment advisors, analysts, market makers, venture capitalists, fund managers, media and accredited investors. The syndicate provides equity and debt financing, institutional and retail stock support, market making, and mergers and more. About Arch Investment Conferences, Inc. Arch Investment Conferences, Inc. is an investment conference company that provides services to public small and micro-cap companies. Arch hosts exclusive events for companies to connect with fund managers, analysts, investment bankers, brokers and other members of the investment community. About Wi-Tron, Inc. Wi-Tron, Inc. designs, manufactures and sells ultra-linear single and multi-channel high power amplifiers to the worldwide wireless telecommunications market. Single and multi-carrier linear power amplifiers are critical components for all wireless system base stations. Amplifiers increase the power of radio frequency and microwave signals with low distortion. Wi-Tron's products are designed and marketed for a wide range of applications across many frequencies, including second and third generation wireless, X-band, and local loop segments of the wireless telecommunications industry. Forward-Looking Statements Information in this press release may be forward-looking. Forward-looking statements may differ materially from actual results due to known and unknown risks, uncertainties and other factors. In addition to statements which explicitly describe these risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates" or "plans" to be uncertain and forward-looking. Forward-looking statements represent Wi-Tron's judgment as of the date of this release. Actual results depend on Wi-Tron's ability to, among other things, generate revenue, reduce operating losses, and successfully develop and market its products to Asian and other markets. These and other risks and uncertainties are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission. Actual results could differ materially from the results referred to in the forward-looking statements. Wi-Tron, Inc. Tochi Bains (908) 253-6870 ext. 106 Investor Relations: Craig H. Bird Investor Relations website: http://finance.groups.yahoo.com/group/Wi-Tron/ (215) 885-4981 DATASOURCE: Wi-Tron, Inc. CONTACT: Tochi Bains, Wi-Tron, Inc., +1-908-253-6870 ext. 106, or Investor Relations, Craig H. Bird, Wi-Tron, Inc., +1-215-885-4981, Web site: http://www.wi-tron.com/ http://finance.groups.yahoo.com/group/Wi-Tron http://www.sciaonline.org/ http://www.archconferences.com/

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