WANTED Technologies announces conversion of debenture by Innovatech



    MONTREAL, Aug. 15 /CNW Telbec/ - WANTED Technologies Corporation (TSX
Venture Exchange: WAN), is pleased to announce that Innovatech Quebec and
Chaudière Appalaches which held a $200,000 convertible debenture, has
exercised its right to convert the debenture in exchange of common shares of
the Company.
    The principal amount is to be converted at a price of $0.60 per common
share, for a total of 333,333 common shares being issued by the Company. The
aggregate amount of the accrued and unpaid interest is to be paid in cash.
    The number of common shares issued and outstanding of WANTED will
increase to 24,121,326 common shares.

    About WANTED Technologies Corporation

    WANTED is a leading supplier of real-time sales and business intelligence
solutions for the media classified and recruitment industries. Using its
proprietary On-Demand data mining, lead generation and CRM (Customer
Relationship Management) integrated technologies, WANTED aggregates real-time
data from thousands of online job boards, real estate and newspaper sites, as
well as corporate Web sites on a daily basis.
    WANTED's data is used to optimize sales and to implement marketing
strategies within the classified ad departments of major media organizations,
as well as by staffing firms, advertising agencies and human resources
specialists.
    WANTED is the exclusive data provider for the United States Conference
Board's Help-Wanted Online Data Series(TM), a monthly economic indicator of
job availability in the United States.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release. Any statement that appears prospective shall
    not be interpreted as such.
    %SEDAR: 00022769EF




For further information:

For further information: Mr.Scott Burton, President and CEO, (418)
523-6663, ext. 222; Mr. Philippe Frenière, CA, Vice President Finance & CFO,
1-800-530-0818, ext. 232; Source: WANTED Technologies Corporation

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WANTED Technologies Corp.

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