Wavefront Technology Solutions Inc. announced that the Company, under the master equipment rental agreement originally announced September 1, 2021, has received a rental order for Powerwave®-related equipment for scheduled well stimulation work in Colombia. The global distributor and its client, a National Oil Company ("NOC") and its subsidiaries cannot be named due to confidentiality provisions. Revenues associated with this rental order will be recognized over the time-period the stimulation or individual performance obligation(s) occur. The Company continues to market Powerwave with the global distributor in multiple jurisdictions and expects to receive similar rental orders in the near term as projects are solidified.