ATLANTA, Feb. 9, 2012 (GLOBE NEWSWIRE) -- CIG Wireless Corp.
(OTCBB:CIGW) announces the appointment of Paul McGinn as Chief
Executive Officer and Board Director effective Feb.6, 2012. Mr. McGinn,
former CEO of TCP Communications, will lead the newly formed CIG
Wireless -- a publicly traded tower company. Bringing more than 18
years of wireless tower experience from his days at SBA Communications
Corporation where he was Director of Acquisitions, Mr. McGinn
subsequently founded TCP Communications and grew it to a successful
sale in 2006.

"We are very pleased to have Paul join our Board of Directors and
assume the role of Chief Executive Officer," commented Sebastien
Koechli CIG's President and Chairman of the Board of Directors. "Paul
has a proven track record and we are confident that he is the right
person to lead the company in this exciting phase. He is a great asset
and we are committed to helping Paul significantly grow CIG Wireless
Corp. over the next several years."

"I am excited to take on the challenge of leading CIG on a path of
growth and prosperity," noted Mr. McGinn. "The company is well-placed
to take advantage of the many opportunities in the tower space in the
US and beyond. I thank the Board for their confidence in my ability to
take CIG Wireless to another level."

CIG Wireless Corp. (www.cigwireless.com) is a leading independent owner
and operator of wireless communications infrastructure in the United
States. The primary focus of the Company is leasing antenna space on
its multi-tenant towers and rooftops to a variety of wireless service
providers under long-term lease contracts.

The CIG Wireless Corp. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=11612

Forward-Looking Statements

This press release contains "forward-looking statements" as defined in
the U.S. Private Securities Litigation Reform Act of 1995. These
statements are based upon our current expectations and speak only as of
the date hereof. These forward-looking statements are based upon
currently available competitive, financial, and economic data and
management's views and assumptions regarding future events. Such
forward-looking statements are inherently uncertain. Our actual results
may differ materially from those expressed in any forward-looking
statements as a result of various factors and uncertainties. The
Company cannot provide assurances that any prospective matters
described in the press release will be successfully completed or that
the Company will realize the anticipated benefits of any proposed
acquisitions. Various risk factors that may affect our business,
results of operations and financial condition are detailed from time to
time in the Annual Report on Form 10-K and in the Current Reports on
Form 8-K and other filings made by the Company with the U.S. Securities
& Exchange Commission. The Company undertakes no obligation to update
information contained in this release.


CONTACT: Paul McGinn
         Chief Executive Officer
         678-332-5000
         
         Patrick Finucane
         Investor Relations
         678-332-5010