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The approval of Powerwave as a proven stimulation technique represents another significant development in the commercialization

Wavefront’s Powerwave technology approved for use in Kuwait

 By BFP Staff  Thursday, May 12, 2016

PRESS RELEASE
EDMONTON, Alta., Wavefront Technology Solutions Inc. (Wavefront or the Company, TSX-V: WEE; OTCQX: WFTSF) is a technology provider offering fluid delivery processes to oil and gas producers that are widely effective methods for maximizing reserves in Improved/Enhanced Oil Recovery (“IOR/EOR”) as well as increasing single well productivity through more effective well stimulation. The Company is very pleased to announce that Powerwave has been approved as a well stimulation technology in the State of Kuwait.

“The approval of Powerwave as a proven stimulation technique represents another significant development in the commercialization of Powerwave in the Middle East. We are very confident Powerwave will continue to bring both superior results and considerable cost savings versus established injection approaches leading to wide spread use,” said Wavefront President and CEO Brett Davidson.
“Although there remain challenges ahead prior to commercial-scale market penetration in the State of Kuwait, Management is very optimistic of establishing Powerwave as a technology of choice in a region less susceptible to oil price volatility”, said Davidson.

ON BEHALF OF THE BOARD OF DIRECTORS

WAVEFRONT TECHNOLOGY SOLUTIONS INC.

D. Brad Paterson, CFO & Director
About Wavefront:

Wavefront is the world leader in fluid injection technology for custom well stimulation and improved/enhanced oil recovery. Wavefront publicly trades on the TSX Venture Exchange under the symbol WEE and on the OTCQX under the symbol WFTSF.
The Company’s website is http://www.onthewavefront.com
For further information please contact:       
Cora Klein at 780-486-2222 ext. 229 or Brad Paterson, CFO at 780-486-2222 ext.224. Alternatively, email us at .(JavaScript must be enabled to view this email address)

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