TSXV: (WAF.A) LOWNA, BC, Nov. 1 /CNW/ - Wavefire.com inc (the "Corporation") announced today that the board of directors has granted, an aggregate of 405,000 stock options to various employees, officers, and to consultants of the Corporation on Aug 22, 2005. The options will be exercisable at a price of $0.25 per share and will expire five years from the date of issue. The Corporation acknowledges the contribution of its employees and, in part, recognizes this contribution through the grant of stock options as additional incentive for their efforts. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.