WFII Wireless Facilities (MM)

WASHINGTON, March 14 /PRNewswire/ -- The law firm of Finkelstein Thompson LLP has commenced an investigation of Wireless Facilities, Inc. (NASDAQ:WFII) for concerning the company's backdating of stock options. On March 12, 2007, Wireless Facilities announced that it would delay its 2006 annual financial results after an internal review uncovered incorrect measurement dates for stock option grants issued between 1998 and 2003. The Company further disclosed that "there is a strong likelihood" that it will restate financial results issued during this period. The market responded sharply to this news with the price of Wireless Facilities stock tumbling 14.8% from a closing price of $2.10 on March 12, 2007 to an all-time low of $1.79 during after-hours trading. On March 13, 2007, the share price continued to decline, closing at $1.61. If you are a Wireless Facilities shareholder and have information relevant to our investigation or if you would like to discuss potential legal remedies, please contact us via email at or call our Washington, DC office at 877-337-1050. DATASOURCE: Finkelstein Thompson LLP CONTACT: Finkelstein Thompson LLP, +1-877-337-1050, Web site: http://www.finkelsteinthompson.com/

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