Wherify Wireless, Inc. (WFYW.OB), a provider of location-based services for enterprise and consumer applications, such as field and sales management, mobile social networking, personal safety, mobile search and mobile shopping, recently entered into a definitive merger agreement with Lightyear Network Solutions, LLC, a provider of voice, data and video telecommunications services to small- and medium-sized businesses and residential customers throughout the United States. Lightyear Network Solutions generated approximately $65 million in revenue during 2007.

Under the terms of the agreement, Lightyear members and note-holders will own 51 percent of Wherify Wireless’s fully diluted shares. The two merged companies will create a public entity that will target the rapidly growing markets for location-based services and network service solutions. In addition, Sherman Henderson, the current president and chief executive officer of Lightyear, will be named chairman and chief executive officer of Wherify Wireless, Inc.

Wherify’s proprietary Springboard location-based services platform will provide the

Wherify Wireless, Inc. (WFYW.OB), a provider of location-based services for enterprise and consumer applications, such as field and sales management, mobile social networking, personal safety, mobile search and mobile shopping, recently entered into a definitive merger agreement with Lightyear Network Solutions, LLC, a provider of voice, data and video telecommunications services to small- and medium-sized businesses and residential customers throughout the United States. Lightyear Network Solutions generated approximately $65 million in revenue during 2007.

Under the terms of the agreement, Lightyear members and note-holders will own 51 percent of Wherify Wireless’s fully diluted shares. The two merged companies will create a public entity that will target the rapidly growing markets for location-based services and network service solutions. In addition, Sherman Henderson, the current president and chief executive officer of Lightyear, will be named chairman and chief executive officer of Wherify Wireless, Inc.

Wherify’s proprietary Springboard location-based services platform will provide the

Wherify Wireless, Inc. announced today that they have signed a letter of intent to merge with Lightyear Network Solutions a privately owned company that will merge into Wherfiy. Lightyear had revenue of $65 million for 2007. Wherify is currently working on the financing details.

Vince Sheeran, Wherify’s Chief Executive Officer, said, “Bringing together Wherify’s proprietary location based service platform with Lightyear’s established leadership in customer support, multi-channel distribution and carrier presence is an excellent fit. We believe the proposed merger of Wherify and Lightyear has the potential to unlock the unfulfilled promise that location based services have represented for the wireless industry.”

Wherify is located in San Mateo California, a developer of personal location and position tracking products and technologies. Wherify was founded in 1998 and received the 2007 the Consumer Electronic Show’s Award for Excellence in Innovation in Wireless Communications. The company has a permanent display at the Smithsonian Institution Museum