First Responder Technologies Inc. (CNSX:WPN) has constituted new management team and team has initiated a process to identify, examine and consider a range of strategic alternatives available to the company with a view to enhancing shareholder value. Strategic alternatives may include, but are not limited to, a sale of all, or a material portion of, the assets of First Responder, either in one transaction or in a series of transactions; the outright sale of the company; or a merger or other business combination transaction involving First Responder and a third party. This strategic alternative review process has not been initiated as a result of receiving any offer, and there are no assurances that a transaction will be undertaken. It is First Responder's current intention not to disclose developments with respect to the process unless and until the board of directors has approved a specific transaction or otherwise determines that disclosure is necessary or appropriate, or as required under applicable securities laws. The company cautions that there can be no assurances that the process will result in First Responder entering into a transaction or, if a transaction is undertaken, as to the terms or timing of such a transaction. The company has not yet set a definitive schedule to complete the identification, examination and consideration of strategic alternatives.