U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C.  20549
                             -----------------------
                                   FORM 10-KSB

(Mark  one)
[X]  Annual  report  under section 13 or 15(d) of the Securities Exchange Act of
1934  For  the  fiscal  year  ended  September  30,  2004
                                     --------------------

OR

[ ]  Transition  report  under  section 13 or 15(d) of the Securities Exchange
Act  of  1934  For  the  transition  Period  from  ___________  to  ___________

                         Commission file number: 0-28475


    KIWI NETWORK SOLUTIONS INC. (FORMERLY KOALA INTERNATIONAL WIRELESS INC.)
    ------------------------------------------------------------------------
                  (Name of small business issuer in its charter)


          Nevada                                         76-0616468
          ------                                         ----------
 (State  or  other  jurisdiction                     (I.R.S.  Employer
of  incorporation  or  organization)                Identification  No.)


Simpson  Tower,  401  Bay  St,  #2112
Toronto  Ontario,  M5H2Y4                                 M5H2Y4
-------------------------                                 ------
(Address  of  principal  executive  offices)            (Zip  Code)

Registrant's  telephone  number:  (416)  271-2514
                                  ---------------

Securities  registered  under  Section  12(b)  of  the  Act:  None.

Securities  registered under Section 12(g) of the Act:   Common Stock, par value
$0.001  per  share  (Title  of  class)

Check  whether  the Issuer (1) filed all reports required to be filed by Section
13  or  15(d)  of  the Securities Exchange Act during the past 12 months (or for
such  shorter period that the registrant was required to file such reports), and
(2)  has  been  subject to such filing requirements for the past 90 days.
Yes [ ]  No  [X]  Yes  [X]  No  [ ]

Check  if there is no disclosure of delinquent filers in response to Item 405 of
Regulation  S-B  contained in this form, and no disclosure will be contained, to
the  best  of  registrant's  knowledge,  in  definitive  proxy  or  information
statements  incorporated  by  reference  in  Part III of this Form 10-KSB or any
amendment  to  this  Form  10-KSB.  [  ]

Registrant's  revenues  for  its  most  recent  fiscal  year:   $nil

As  of  January 11, 2005, the aggregate market value of the voting common equity
held  by  non-affiliates  of  the registrant was approximately $550,000 based on
the  closing trade reported on the NASD Over-the-Counter Bulletin Board National
Quotation  System.  Shares of common stock held by each officer and director and
by  each  person  who  owns five percent or more of the outstanding common stock
have been excluded from this calculation as such persons may be considered to be
affiliated  with  the  Company.

On  January 11, 2005  the  registrant had 4,999,998 of Common Stock, $0.001  par
value  per  share,  issued  and  outstanding  post  reverse split of November 5,
2004  (see  Part  II,  Item  5).

Documents  incorporated  by  reference:  None

<PAGE>

KIWI  Network  Solutions  Inc.
(formerly  Koala  International  Wireless  Inc.)
Index  to  Annual  Report  on  Form 10-KSB For the Year Ended September 30, 2004

Part  I
-------
Page
----

Item  1     Description  of  Business                                          3
Item  2     Description  of  Property                                          5
Item  3     Legal  Proceedings                                                 5
Item  4     Submission  of  Matters  to  a  Vote  of  Security  Holders        5

Part  II
--------

Item  5     Market  for  Common  Equity  and  Related  Stockholder Matters     5
Item  6     Management's  Discussion  and  Analysis  of  Financial
                Condition  or  Plan  of  Operation                             6
Item  7     Financial  Statements                                              9
Item  8     Changes  In  and  Disagreements  With  Accountants  on
                Accounting  and  Financial  Disclosure                        12

Part  III
---------

Item  9     Directors,  Executive  Officers,  Promoters  and  Control
                Persons; Compliance With Section 16(a) of the Exchange Act    12
Item  10    Executive  Compensation                                           13
Item  11    Security  Ownership  of  Certain  Beneficial  Owners
                 and  Management                                              14
Item  12    Certain  Relationships  and  Related  Transactions                14
Item  13    Exhibits  and  Reports  on  Form  8-K                             14
Item  14    Control  Procedures                                               15

Signatures                                                                    15

Certifications                                                                16

<PAGE>
PART  I

ITEM  1.  DESCRIPTION  OF  BUSINESS

CORPORATE  BACKGROUND

     KIWI  Network  Solutions  Inc., formerly Koala International Wireless Inc.,
("the  "Company")  is  a  developmental  stage  company that was incorporated in
Nevada on August  18,  1999.  From  inception  through  September  30, 2004, the
Company's  activities  have been organizational, directed at raising its initial
capital  and  developing  its  business  plan.

     In  June  2001,  the  Company  began to investigate  other  businesses,  at
which  time  the  opportunity  to  acquire  Urbanesq.com,  Inc.  ("Urbanesq"), a
private  Ontario  corporation  which  owned  the  rights  to  a  handheld
communications  device,  arose.  The Company acquired  all  of  the  outstanding
shares of common stock of Urbanesq from the stockholders of Urbanesq in exchange
for  an aggregate of 6,500,000 shares of its common  stock, pre November 5, 2004
reverse  split.  Immediately  following  the  exchange, certain stockholders  of
the  Company  surrendered  an aggregate of 7,500,000 shares of common  stock  to
the  Company,  which  were  immediately  cancelled  by  the  Company.

     In  August  2002,  the  Company  explored  the possibility of developing an
end-to-end communication device and service. The Company was going to accomplish
this  goal  through  the purchase and merger of three companies: No-Wire Telecom
Inc.,  IP  Co.  Ltd.  and  Route1  Corporation. The  Company's proposed business
following  its  acquisition  of  IPCO  and  Route1  was  to produce  and  market
a  product  which was to be marketed under the trade name of the KEEWEE and MOBI
and  the  subscription services associated  with  that  product.  The  Company's
business  plan  was  to  launch  a  Windows  based  communication  device  and
associated  services.  The  new  device was being designed to access information
from  the  Internet, provide email service and other communication functionality
such  as text messaging as well as being able to access a users home PC from the
device wirelessly in real time.  The plan was to deliver multiple services, some
on  a subscription basis,  in a manner similar to the  way  a consumer currently
pays  for  a cellular telephone. The base product and the handheld communicator,
the  KEEWEE,  and  MOBI  a  Personal  Digital Assistant (PDA), were to have been
redefined.  The  Company  had been intending to contract out the building of the
prototype,  certification  of the prototype and development of the manufacturing
of  the  prototype.  The Company intended that its first market for  the  device
and  services  was  to  be Europe followed by other GSM/GPRS marketsMost of the
development  services  were  to be done through the purchase of Route1 and IPCO,
which  was  not  fulfilled.  The  IP  Co  and  Route1 intended acquisitions were
cancelled  by  the  companies  themselves  followed  by  the  resignation of the
companies  CEO  Andrew  White. The sudden and unexpected cancellations of theses
acquisitions  resulted in the company not being able to fulfil its business plan
for this particular type of device. Ultimately, however, the Company did acquire
specific  product  development  and  design components directly from No-Wire and
four  individuals in exchange for the issuance of 2,804,556 common shares, which
was  pre November 5, 2004 reverse split, assigned a value of $280,456, which was
expensed  as product development costs in 2003. To date none of these components
within  No-Wire  has  resulted  in  any  financial  benefit  to  the  company.

The  Company  changed its name to KIWI Network Solutions Inc. ("the Company") on
December  23,  2003.

<PAGE>

PLANNED  FUTURE  OPERATIONS
The  Company is currently in discussions with other device centric companies for
commercial ventures to continue to implement the business plan. New developments
are  expected  be  disclosed  within  the  next  quarter  as  they  materialize.

Marketing  and  Distribution

     The  KEEWEE  or MOBI device and network services was to be marketed to GSM/
GPRS  based  wireless  operators  for  resale  to  end  users as is the case for
products  like the Handspring Treo and RIM Blackberry. Thus far this product has
yet  to  be  introduced.


Business

     With the exception of the following, the Company has abandoned its previous
intended  acquisitions and business strategies. In the Company's judgment, these
former  projects  did  not  fit  in with the Company's new direction or were not
commercially  feasible.

     The  Company  has  acquired  specific  assets  and technologies from NoWire
Telecom,  Inc.,  a wireless messaging company, incorporated in Cairo, Egypt. The
assets  acquired  include  virtual  carrier  agreements  with  more  than  125
international telephone and data carriers to enable the delivery of premium data
and Short Messaging content and services to their customers, for the issuance of
common  shares.   Initially,  the Company intended to acquire NoWire, but it was
mutually  agreed  that  this  acquisition  be abandoned  in favor of the Company
buying  only  certain  assets  of  NoWire.

     The Company is intent on developing an International Mobile Virtual Network
Operator  (IMVNO)  platform  to  allow  the  delivery  of  voice, data and Short
Messaging  over multiple networks. Concurrent with the IMVNO development, we are
pursuing the development of applicable devices to serve the network subscribers.
The  IMVNO  strategy  will  enable  subscribers to access the Internet, play and
store  MP3,  utilize  existing  applications  including  calendaring,  contact
management systems, email and Short Messaging and additional functionality, some
not  currently  available in the marketplace. However, the Company has also been
intent  on  pursuing  and  adding  other  more  advantageous  and  profitable
opportunities  outside  of  its  current  business segment in its pursuit to add
shareholder  value

Intellectual  Property

     The  nature  of  patent  and  trademark  registration  is  very complex and
requires legal expertise.  To date, no applications have been prepared to patent
any  of  the  Company's  assets  or  concepts.


Employees

     The  Company  is  in  the  developmental  stage  and  currently  has  no
employees.  The  Company  looks to its directors and officers for their combined

<PAGE>

entrepreneurial  skills  and  talents, and to outside subcontracted consultants.
Management  plans  to  use  consultants,  attorneys  and  accountants  as
necessary.  A  portion  of  any  employee  compensation  package  likely  would
include  the  right  to  acquire stock in the Company, which  would  dilute  the
ownership  interest  of  holders  of  existing  shares  of the Company's  common
stock.

ITEM  2.  DESCRIPTION  OF  PROPERTY

     The  Company  has  relocated  its  principal executive offices from 2929 E.
Commercial Blvd. Suite 610 Fort Lauderdale, FL  33308  to Simpson Tower, 401 Bay
St, #2112, Toronto,  Ontario, office premises currently being occupied by one of
the  directors  of  the Company. These offices are being currently loaned to the
Company  at  no  cost  and  the  Company  has  no  lease  arrangements or rental
commitment  at  this  time

ITEM  3.  LEGAL  PROCEEDINGS

     To  the  knowledge  of  the  Company's  executive management and directors,
neither  the  Company  nor its subsidiaries are party to any legal proceeding or
litigation  and  none  of  its  property  is  the  subject  of  a  pending legal
proceeding  and  the  executive  officers  and  directors  know  of  no  other
threatened  or  contemplated  legal  proceedings  or  litigation.

ITEM  4.  SUBMISSION  OF  MATTERS  TO  A  VOTE  OF  SECURITY  HOLDERS

     No  matters  were  submitted  to  the  stockholders  during  the year ended
September  30,  2004.

PART  II

ITEM  5.  MARKET  FOR  COMMON  EQUITY  AND  RELATED  STOCKHOLDER  MATTERS

     The  Company's  common  stock  was  approved  for  trading  on  the
Over-the-Counter  Bulletin  Board  (OTC-BB)  under the symbol KTLR on August 24,
2001.  In  connection  with  the  change  of  the  Company's  name  to  Koala
International  Wireless  Inc.,  the Company's  trading  symbol  was  changed  to
KIWI  on  December  10,  2001.  The  Company  changed  its name again in January
2004  to KIWI Networks Solutions, Inc. The Company completed a 1 for 100 reverse
split  on  November  5,  2004 and the Company's current trading symbol is: KIWS.

     All  loss per share amounts are reported for the years 2003 and 2004 giving
retroactive  effect  to  the November 5, 2004 reverse stock split on a 1 for 100
basis.
     The  table set forth below reflects the reported high and low bid prices of
the Common Stock for each quarter for the period indicated. These prices are all
on  the basis of the pre reverse stock split. Such prices are interdealer prices
without  retail  markups,  markdowns or commissions and may not represent actual
transactions.

QUARTER  ENDED              HIGH          LOW

December  31,  2002         $.11          $.11
March  31,  2003            $.38          $.32
June  30,  2003             $.135         $.135

<PAGE>

September  30,  2003        $.16          $.13
December  31,  2003         $.12          $.11
March  31,  2004            $.08          $.07
June  30,  2004             $.06          $.05
September  30,  2004        $.01          $.01

     The  Company  has not paid dividends in prior years and has no plans to pay
dividends  in  the near future. The Company intends to reinvest its earnings, if
any  are  achieved,  in the continued development and operation of its business.
Any  payment  of  dividends  would  depend upon the Company's pattern of growth,
profitability,  financial  condition,  and  such  other  factors as the Board of
Directors  may  deem  relevant.

RECENT  SALES  OF  UNREGISTERED  SECURITIES

     On  October  18, 2001, the Company issued 6,500,000 pre reverse stock split
shares of common stock to the stockholders  of  Urbanesq pursuant to a voluntary
share  exchange.  The  issuance  was  conducted  pursuant  to  an exemption from
registration,  namely  Rule  506 of Regulation  D  and/or Regulation S under the
Securities  Act  of  1933,  as  amended.

     The  Company  prepared  and  distributed  an  offering  memorandum  to  the
Urbanesq  stockholders  before  they  signed  the  voluntary  share  exchange
agreement  and  subscribed  for  the  stock.  The  6,500,000  shares  of  the
Company's  common  stock  held  by  the  stockholders of Urbanesq are restricted
securities  subject  to  Rule  144  of  the  Act.

     On  August  20,  2002, the Company issued 1,646,000 shares in settlement of
debt  and  50,000  shares in settlement of salaries. During the Company's fiscal
year  ended  September,  2003,  the Company issued 8,758,930 shares for services
and  technology,  2,864,556  shares  in  settlement of debt, 1,500,000 shares in
payment  of consulting fees, and 9,500,000 shares for compensation to directors;
subsequently, 4,000,000 of these shares were cancelled. During the first quarter
of  the  Company's  fiscal  year  ended  September  30, 2003, the Company issued
34,000,000  shares  in  settlement  of debt and 3,000,000 shares in trust for an
acquisition  but  these  shares  were  subsequently cancelled.  During the first
quarter,  the  Company  issued  a  further  3,500,000  shares  for  services and
technology.  During the second quarter ended March 31, 2004, the Company  issued
150,000  shares  in  settlement  of  employment  agreements.  During  the fourth
quarter  ended  September 30, the Company issued 37,800,000 shares in settlement
of  debt  and  cancelled  3,800,000  shares  previously  issued  for  debt.

ITEM 6.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF  OPERATIONS

     Certain  statements  in this report and elsewhere (such as in other filings
by  the  Company  with  the  Securities  and  Exchange Commission ("SEC"), press
releases,  presentations  by  the Company of its management and oral statements)
may  constitute  "forward-looking  statements" within the meaning of the Private
Securities  Litigation  Reform  Act  of  1995.  Words  such  as  "expects,"
"anticipates,"  "intends,"  "plans,"  "believes,"  "seeks,"  "estimates,"  and
"should," and variations of these words and similar expressions, are intended to
identify  these forward-looking statements. Actual results may materially differ
from  any forward-looking statements.  Factors that might cause or contribute to
such  differences  include,  among  others, competitive pressures and constantly
changing  technology  and  market  acceptance  of  the  Company's  products  and

<PAGE>

services.  The  Company  undertakes no obligation to publicly release the result
of  any  revisions  to  these  forward-looking  statements, which may be made to
reflect  events  or  circumstances  after  the  date  hereof  or  to reflect the
occurrence  of  unanticipated  events.

     The  following  discussion  should  be  read  in  conjunction  with  the
consolidated  financial  statements  included  herein.  Certain  statements
contained  herein  may  constitute  forward-looking  statements,  as  discussed
above. Because such statements include risks and uncertainties,  actual  results
may  differ  materially  from  those  expressed  or  implied  by  such
forward-looking  statements.  Factors  that  could  cause  or  contribute  to
such  differences  include  those  discussed  in  the  "Outlook:  Issues  and
Uncertainties"  section  of  this  Form  10-KSB.

PLAN  OF  OPERATIONS

     The  Company's  business  is  still  in its development stage.  The Company
has not generated  any  revenue  to date.  The Company plans to generate revenue
through  the  production  and  marketing  of  its  communication  device  and
services  as  well  as  other  business  opportunities  that  the Company may be
presented  with  .  No  revenues  have  been  received  during  the fiscal year.
Attempts,  although promising to date, to raise capital to permit the company to
finalize  its  hardware  product  have  not  been  successful.

     During  the  period  from  August  25, 2000 (date of inception of Urbanesq)
through  September  30,  2004,  the Company engaged in no significant operations
other  than  organizational activities and research and development. The Company
received  no  revenues  during  this  period.

     For  the  2004  fiscal  year,  the Company incurred a loss in the amount of
$2,799,751,  compared to a loss of $3,212,184 in the previous year.  Most of the
expenses  incurred  for  both  years  were  for  consulting fees provided to the
Company  for  the  purpose  of  increasing  the  Company's business presence and
efforts  to  develop  its business plan. Operation costs over the next year will
depend  on  a  number  of  factors,  including  the  cost  of  producing the new
communications device, the cost of conducting marketing research and preparing a
marketing  campaign.

Recent  Developments  and  Discussions

     Management  is  working  to  add  to  its  business  and is reassessing the
business  plan  based  on  a  series  of identified new emerging technologies to
advance  the  company's competitive advantage in its sector. However the company
is  also  assessing  more viable opportunities within the current market segment
and  beyond

      The Company has also signed certain Letters Of  Intent with IPBand for the
purpose  of  possibly  merging  it into the company the acquisition of IPBand is
expected  to  be  finalized  in  the  first  quarter fiscal year 2005 which will
provide  server  and  infrastructure capability for the company. Coinciding with
these  efforts,  is  the  acquisition  of  Dylan  Morris  Software Inc. which is
expected  to  be  completed  during  the  first  quarter of calendar 2005.  This
software  will  provide  secure transmission 2-way in any form on a peer to peer
basis.


<PAGE>

     The  Company  did  not  complete  its  Share Exchange Agreement with NoWire
Telecom  Inc.,  and instead, purchased certain technology, based on research and
development,  from  NoWire  Telecom for the issuance of 2,212,646 common shares.

     The Company is in the process of negotiating a private placement to provide
funds  for  the  completion  of  the  development  of  the  KEEWEE/MOBI  device

Liquidity  and  Capital  Resources

     The  Company  has  financed  its  expenses  and  costs thus far through the
increase  in its  accounts payable, payments  made  by  others  for  the Company
and  by the settlement of the payable amounts with shares of common stock of the
Company.  As  of  September  30,  2004,  the  Company  had  a  working  capital
deficiency  of  $1,110,613  compared to a working capital  deficiency of $82,563
at  September  30,  2003.  The Company needs to raise additional  funds  through
the  sale  of  stock  or borrowing just to maintain the corporate  existence  of
the  Company.  The  Company  may  not  be  successful  in  its  efforts to raise
equity  financing  and /or attain profitable operations.  As  of  September  30,
2004,  the  Company  had  a  total  stockholders' deficit  of  $1,095,288,  with
accumulated  deficit during the development stage of $9,374,612.  There is doubt
regarding  the  Company's  ability  to  continue  as  a  going  concern.

     No  material  commitments  for  capital  expenditures  were made during the
years  ended  September  30,  2004  or  2003.

     The  Company  estimates the cost of producing and marketing the KEEWEE/MOBI
product  at  $500,000.    The Company is in the process of negotiating financing
for  completion  of  product  development  and the first manufacturing run.  The
availability  of  future  financings  will  depend  on  market  conditions.  A
portion of the funds may be used to grow the business  through  acquisitions  of
other  businesses.  Current  2004  status.

     The  forecast  of  the  period  of  time  through  which  the  Company's
financial resources  will be adequate to support operations is a forward-looking
statement  that  involves  risks  and  uncertainties.  The  actual  funding
requirements  may  differ  materially  from  this  as  a  result  of a number of
factors  including plans to  rapidly  expand its new operations. There can be no
guarantee  that  financing adequate  to  carry  out  the Company's business plan
will  be  available  on  terms  acceptable  to  the  Company,  or  at  all.

EFFECT  OF  FLUCTUATIONS  IN  FOREIGN  EXCHANGE  RATES

     The  Company's  reporting  and  functional  currency  is  the  US  dollar.
Currently, most of  the  Company's  assets  are  located in Canada. Transactions
in  Canadian dollars  have  been  translated into U.S. dollars using the current
rate  method,  such  that  assets  and  liabilities  are translated at the rates
of  exchange  in  effect  at the balance sheet date and revenue and expenses are
translated  at  the  average  rates  of  exchange  during the appropriate fiscal
period.  As a result, the carrying  value of the Company's investments in Canada
is  subject  to the risk of foreign  currency  fluctuations.  Additionally,  any
revenues  received  from the Company's international operations in other than US
dollars  will  be  subject  to  foreign  exchange  risk.


<PAGE>

RECENT  ACCOUNTING  PRONOUNCEMENTS

In  December  2004,  FASB  issued  a  revision  to Statement No. 123, Accounting
for Stock-Based Compensation which supersedes APB Opinion No. 25, Accounting for
Stock Issued to Employees.  The revised SFAS  123  eliminates the alternative to
use  Opinion  25's  intrinsic  value  method of accounting and instead, requires
entities  to  recognize  the  cost of employee services received in exchange for
awards of equity instruments based on the grant-date fair value of those awards.
Furthermore,  public  entities  are  required to measure liabilities incurred to
employees  in share-based payment transactions at fair value as well as estimate
the  number  of  instruments  for  which the requisite service is expected to be
rendered.  Any  incremental compensation cost for a modification of the terms or
conditions of an award is measured by comparing the fair values before and after
the  modification.

For  public  entities that file as small business issuers, the effective date of
the  revised  Statement  is  as  of the beginning of the first interim or annual
reporting  period that begins after December 15, 2005.  The Company already uses
the  fair-value  method  to  account  for  its  stock-based  compensation.

<PAGE>

ITEM  7.  FINANCIAL  STATEMENTS

Report  of  Independent  Registered Public Accounting Firm                    10

Consolidated  Balance  Sheets  as  at  September  30,  2004  and
September  30, 2003                                                           11

Consolidated  Statements  of  Operations  for  the  years  ended
September  30, 2004, and  September  30,  2003, and for the period from
August  25,  2000 (Date  of  Inception)  to  September  30,  2004             12

Consolidated  Statements  of  Stockholders' Equity for the period from
August  25,  2000 (Date  of  Inception)  to  September  30,  2004             13

Consolidated Statements  of  Cash  Flows  for  the  years  ended
September  30, 2004, and  September  30,  2003, and for the period from
August  25,  2000 (Date  of  Inception)  to  September  30,  2004             15

Notes  to  Consolidated  Financial  Statements                                16


<PAGE>

TO  THE  SHAREHOLDERS  AND  DIRECTORS
OF  KIWI  NETWORK  SOLUTIONS  INC.
(A  Development  Stage  Company)

The  accompanying  consolidated balance sheets of KIWI Network Solutions Inc. (a
development  stage company) as at September 30, 2004 and 2003 and the statements
of  operations,  changes in stockholders' equity (deficiency) and cash flows for
the  years  ended  September 30, 2004 and 2003 and the cumulative totals for the
development  stage operations from August 25, 2000 (inception) through September
30,  2004  have  been  prepared by KIWI Network Solutions Inc. 's management and
they  do  not  include  all  information and notes to the consolidated financial
statements  necessary  for a complete presentation of the consolidated financial
position,  results  of  operations and cash flows in conformity with  accounting
principles  generally  accepted in the United States of America.  In the opinion
of  management,  all adjustments considered necessary for a fair presentation of
the  consolidated results of operations and consolidated financial position have
been  included  and  all  such  adjustments  are  of  a normal recurring nature.

The consolidated financial statements as at and for the year ended September 30,
2004 have not been reviewed by the Company's Independent Registered Accountants.
Management  anticipates  the  Independent Accountants will complete their review
and  an amended 10-QSB will be filed within ten (10) days of the current filing.


KIWI  Network  Solutions  Inc.

Toronto,  Ontario

January  20,  2005






<PAGE>
<TABLE>
<CAPTION>
KIWI  Network  Solutions  Inc.
(formerly  Koala  International  Wireless  Inc.)
Consolidated  Balance  Sheets
September  30
(U.S.  Dollars)



<S>                                                <C>              <C>
                                                   2004             2003
                                                   -----------  -----------
Assets

Current
   Cash                                            $         0  $        60
                                                   -----------  -----------

Total Current Assets                                         0           60
Property and Equipment,
   net of accumulated amortization
   $24,183 (2003 - $20,351)                             15,325       19,157
                                                   -----------  -----------
                                                   $    15,325  $    19,217
                                                   -----------  -----------

Liabilities

Current
   Accounts payable and accrued liabilities        $   401,890  $    82,623
   Loans Payable                                       626,123            0
   Due to related parties                               82,600            0
                                                   -----------  -----------
                                                   $ 1,110,613  $    82,623
                                                   -----------  -----------

Commitments (note 7)

Stockholders'Deficiency

Capital Stock (Notes 5 and 10)
Preferred Stock, $0.001 Par Value,
20,000,000 Shares authorized,
No Preferred shares Issued and Outstanding
Common Stock, $0.001 Par Value,
100,000,000 Shares authorized,
   1,083,695 shares Issued and Outstanding
   [Note 5(b)]                                         101,569       51,419

   (2003 - 51,419,486)                               8,172,135    6,339,254
Additional paid in capital                                   0       (7,100)
Subscription receivable

Other Comprehensive Income                               5,620        4,851
Deficit Accumulated During Development Stage
   of Operations                                    (9,374,612)  (6,451,830)
                                                   -----------  -----------
Total Stockholders' Deficiency                      (1,095,288)     (63,406)
                                                   -----------  -----------
Total Liabilities and Stockholders' Deficiency     $   (15,325) $    19,217
                                                   -----------  -----------
</TABLE>
<PAGE>
KIWI  Network  Solutions  Inc.
(formerly  Koala  International  Wireless  Inc.)
Consolidated  Statements  of  Operations
Years  Ended  September  30,  2004,  September  30, 2003 and for the Period from
August  25,  2000  (Inception)  to  September  30,  2004
(U.S.  Dollars)
<TABLE>
<CAPTION>



<S>                                        <C>                        <C>           <C>

                                                                                              From
                                                                                           Date of
                                                                                         Inception
                                                                                                To
                                                           Year Ended September 30,   September 30,
                                                                2004          2003            2004
                                           -------------------------  ------------  --------------

Expenses
  Consulting. . . . . . . . . . . . . . .             $    2,193,222  $  1,583,000  $    6,175,771
  Stock based Compensation. . . . . . . .                    784,000       214,660         998,660
  Professional fees . . . . . . . . . . .                     28,977        49,669         244,802
  Directors compensation (reversal) . . .                   (263,000)      950,000         687,000
  Marketing . . . . . . . . . . . . . . .                     11,664             0         205,074
  Product development . . . . . . . . . .                          0       280,456         400,495
  Salaries. . . . . . . . . . . . . . . .                          0             0         145,719
  Financing and due diligence . . . . . .                      2,542             0          75,992
  Rent, office and administration . . . .                     38,514       129,766         226,728
  Write-off merger goodwill . . . . . . .                          0             0          38,013
  Travel. . . . . . . . . . . . . . . . .                          0             0          50,564
  Investor relations. . . . . . . . . . .                          0             0          27,112
  Website . . . . . . . . . . . . . . . .                          0             0          74,499
  Depreciation. . . . . . . . . . . . . .                      3,832         4,795          24,183
-----------------------------------------  -------------------------  ------------  --------------
Net Loss. . . . . . . . . . . . . . . . .                $(2,799,751)  $(3,212,346)    $(9,374,612)
-----------------------------------------  -------------------------  ------------  --------------
Net Loss Per Share. . . . . . . . . . . .                     $(3.47)      $(19.53)
-----------------------------------------  -------------------------  ------------
Weighted Average Number of
  Shares Outstanding (post reverse split)                    806,478       164,491
-----------------------------------------  -------------------------  ------------
</TABLE>




<PAGE>
KIWI  Network  Solutions  Inc.
(formerly  Koala  International  Wireless  Inc.)
Consolidated  Statements  of  Changes  in  Stockholders'  Equity  (Deficiency)
Years  Ended  September 30, 2004, and September 30, 2003 and for the Period from
August  25,  2000  (Inception)  to  September  30,  2004
(U.S.  Dollars)

<TABLE>
<CAPTION>
                                                           Common Stock                                              Total
                                                      & Paid in Capital                                              Stockholders'
                                               Number      in excess of   Subscriptions  Comprehensive  Accumulated  Equity
                                            of Shares  $0.001 par Value      Receivable         Income      Deficit  (Deficiency)
-----------------------------------------------------------------------------------------------------------------------------------
<S>                                             <C>          <C>       <C>             <C>             <C>            <C>
August 25, 2000 inception                     540,000       $    27,189       $       0     $        0    $       0    $   27,189
Issuance of original common stock
  For services and concept development              0                 0          40,192              0            0        40,192
Foreign currency translation loss                   0                 0               0           (194)           0          (194)
Net loss for the initial thirty-six day period      0                 0               0              0      (45,676)      (45,676)
-----------------------------------------------------------------------------------------------------------------------------------
Balance, September 30, 2000                   540,000            27,189          40,192           (194)     (45,676)       21,511
Issuance of common stock
  for cash                                    814,167           187,405         (40,192)             0            0       147,213
Foreign currency translation gain                   0                 0               0          8,643            0         8,643
Net loss                                            0                 0               0              0     (179,888)     (179,888)
-----------------------------------------------------------------------------------------------------------------------------------
Balance, September 30, 2001                 1,354,167           214,594               0          8,449     (225,564)       (2,521)
Shares of accounting subsidiary acquired
  on reverse take-over                     12,145,833           409,003               0              0            0             0
Adjustment to eliminate capital stock of
  accounting subsidiary on reverse take-over        0          (409,003)              0              0            0             0
Cancellation of common stock on acquisition
  of subsidiary                            (7,500,000)         (119,218)              0              0      119,218             0
Common stock issuance as a result of
  reverse take-over                         6,500,000                 1               0              0            0             1
Cancellation of common stock                 (500,000)           (3,815)              0              0        3,815             0
Issuance for settlement of debt             1,646,000            59,380               0              0            0        59,380
Issuance for settlement of salaries            50,000             2,500               0              0            0         2,500
Value of options attached to common shares          0         2,263,560               0              0            0     2,263,560
Foreign currency translation loss                   0                 0               0         (3,436)           0        (3,436)
Net loss                                            0                 0               0              0   (3,137,115)   (3,137,115)
-----------------------------------------------------------------------------------------------------------------------------------
Balance, September 30, 2002                13,696,000       $ 2,417,002       $       0     $    5,013  $(3,239,646)   $ (817,631)
Issuance for settlement of debt             8,758,930           926,555               0              0            0       926,555
Issuance on exercise of options             1,100,000            43,000          (7,100)             0            0        35,900
Issuance for services and technology        2,864,556           289,456               0              0            0       289,456
Issuance for consulting fees               15,500,000         1,550,000               0              0            0     1,550,000
Stock based Compensation (Note4(h))                 0           214,660               0              0            0       214,660
Issuance for compensation to directors      9,500,000           950,000               0              0            0       950,000

<PAGE>

Foreign currency translation loss                   0                 0               0           (162)           0          (162)
Net loss                                            0                 0               0              0   (3,212,184)   (3,212,184)
-----------------------------------------------------------------------------------------------------------------------------------
Balance, September 30, 2003                51,419,486         6,390,673          (7,100)         4,851   (6,451,830)      (63,406)

Adjustment                                          0           123,031               0              0     (123,031)            0
Issuance for settlement of debt            34,000,000          (191,000)              0              0            0      (191,000)
Issuance on exercise of options               300,000            15,000           7,100              0            0        22,100
Issuance for services and technology       11,500,000         1,380,000               0              0            0     1,380,000
Issuance for consulting fees               15,000,000           932,000               0              0            0       932,000
Stock based Compensation (Note4(h))           150,000            24,000               0              0            0        24,000
Cancellation of shares previously issued
to compensation to directors               (4,000,000)         (400,000)              0              0            0      (400,000)
Foreign currency translation gain                   0                 0               0            769            0           769
-----------------------------------------------------------------------------------------------------------------------------------
                                          108,369,486         8,273,704               0          5,620   (6,574,861)    1,704,463
Effect of reverse stock split [Note 5(b)](107,285,791)                0               0              0            0             0
Net loss                                            0                 0               0              0   (2,799,751)   (2,799,751)
-----------------------------------------------------------------------------------------------------------------------------------
Balance, September 30, 2004                 1,083,695         8,273,704               0          5,620   (9,374,612)   (1,095,288)

</TABLE>



<PAGE>
KIWI  Network  Solutions  Inc.
(formerly  Koala  International  Wireless  Inc.)
Consolidated  Statements  of  Cash  Flows
Years  Ended  September  30,  2004,  September  30, 2003 and for the Period from
August  25,  2000  (Inception)  to  September  30,  2004
(U.S.  Dollars)

<TABLE>
<CAPTION>
<S>                                                       <C>                        <C>           <C>

                                                                                                             From
                                                                                                          Date of
                                                                                                        Inception
                                                                                                               To
                                                                          Year Ended September 30,   September 30,
                                                                               2004          2003            2004
                                                          -------------------------  ------------  --------------

Operating Activities
  Net loss . . . . . . . . . . . . . . . . . . . . . . .  $              (2,799,751) $ (3,212,184) $   (9,374,612)
  Items not involving cash
    Amortization . . . . . . . . . . . . . . . . . . . .                      3,832         4,795          24,183
    Salaries paid by share issuance. . . . . . . . . . .                     24,000             0         986,500
    Write-off of salaries payable. . . . . . . . . . . .                   (111,355)            0        (111,355)
    Consulting paid by share issuance. . . . . . . . . .                  1,352,000       214,660       3,830,120
    Directors compensation paid by
       share issuance. . . . . . . . . . . . . . . . . .                          0       950,000         950,000
    Write-off of director's compensation . . . . . . . .                   (200,000)            0        (200,000)
    Consulting, services, technology  and travel paid by
      travel paid by share issuance. . . . . . . . . . .                    760,000     1,839,456       1,664,456
    Changes in operating assets
    and liabilities. . . . . . . . . . . . . . . . . . .                     57,723       167,433       1,186,169
--------------------------------------------------------  -------------------------  ------------  --------------
Cash Used in Operating Activates . . . . . . . . . . . .                   (913,551)      (35,840)     (1,044,539)
--------------------------------------------------------  -------------------------  ------------  --------------
Investing Activity
  Fixed assets acquired. . . . . . . . . . . . . . . . .                          0             0         (39,508)
--------------------------------------------------------  -------------------------  ------------  --------------
Financing Activity
  Due to related parties . . . . . . . . . . . . . . . .                     83,368             0          83,368
  Loans payable. . . . . . . . . . . . . . . . . . . . .                    626,123             0         626,123
  Issuance of common stock
    for debt . . . . . . . . . . . . . . . . . . . . . .                    189,000             0         189,000
    for cash . . . . . . . . . . . . . . . . . . . . . .                     15,000        35,900         185,556
--------------------------------------------------------  -------------------------  ------------  --------------
Cash Provided by Financing Activities. . . . . . . . . .                    913,491        35,900       1,084,047
--------------------------------------------------------  -------------------------  ------------  --------------
Inflow (Outflow) of Cash . . . . . . . . . . . . . . . .                        (60)           60               0
Cash, Beginning of Period. . . . . . . . . . . . . . . .                         60             0               0
--------------------------------------------------------  -------------------------  ------------  --------------
Cash, End of Period. . . . . . . . . . . . . . . . . . .  $                       0  $         60  $            0
--------------------------------------------------------  -------------------------  ------------  --------------
Supplemental Information:
Cash paid for interest . . . . . . . . . . . . . . . . .  $                       0  $          0  $            0
Corporate income taxes paid. . . . . . . . . . . . . . .  $                       0  $          0  $            0
Cancellation of shares previously issued
to settle debt . . . . . . . . . . . . . . . . . . . . .  $                (380,000) $          0  $      546,555
--------------------------------------------------------  -------------------------  ------------  --------------
</TABLE>

<PAGE>



KIWI  Network  Solutions  Inc.
(formerly  Koala  International  Wireless  Inc.)
Notes  to  Consolidated  Financial  Statements
Years  Ended  September  30,  2004,  September  30, 2003 and for the Period from
August  25,  2000  (Inception)  to  September  30,  2004
(U.S.  Dollars)
--------------------------------------------------------------------------------

1.     NATURE  OF  OPERATIONS  AND  BASIS  OF  PRESENTATION

Urbanesq.com  Inc.  ("Urbanesq") was incorporated August 25, 2000 under the laws
of  the  Province  of  Ontario,  Canada.

Effective October 18, 2001, Urbanesq completed a merger with Koala International
Wireless  Inc.  ("Koala",  "the  Company"), a public company incorporated in the
State of Nevada on August  18,  1999. This merger constituted a reverse takeover
of  Urbanesq by Koala  resulting in the period of operations being reported from
the  commencement  of  operations  of  Urbanesq.

These  financial  statements  reflect  the acquisition applying reverse takeover
accounting  whereby the legal parent (Koala) is considered to have been acquired
by the legal subsidiary (Urbanesq).  Capital stock represents the authorized and
issued  capital  of  the legal parent and the dollar amount is that of the legal
subsidiary,  the  ongoing  operating  company.  The  consolidated  statements of
operations  and  deficit  and cash flows represent the results of operations for
Urbanesq  for  the  period  from  October  18,  2001  to  December  31,  2003.

The  Company  changed  its name to KIWI Network Solutions Inc. ("the Company")on
December  23,  2003.

All  significant  inter-company  balances and transactions have been eliminated.

The  Company's  business  plan  is  to  continue  development  of  the  KEEWEE
communications  device,  for  which  the  Company  intends  to  subcontract  the
production.  The  base  product  and  the  handheld communicator (PDA) have been
redefined.  The  Company  intends to contract out the building of the prototype,
certification  of  the  prototype  and  development  of the manufacturing of the
prototype.

2.     DEVELOPMENT  STAGE  COMPANY

Koala  acquired  a  license  to  market  and  distribute a product in Maine, New
Hampshire  and Vermont.  This license was cancelled.  On February 14, 2000, as a
replacement  for  this  license,  the  Company  was granted additional rights to
market  and  distribute  vitamins,  minerals,  nutritional supplements and other
health  and  fitness  products  in  Great  Britain.  The  grantor of the license
offered  these  products  for sale from various suppliers on their website.  The
original  license  was granted to the Company by a partnership for consideration
of  2,000,000  common  shares value at $2,000.  These shares were paid evenly to
the  ten partners.  The replacement license was granted by the same partnership.
The general manager of that partnership was, at the time, the spouse of a former
director  and  officer  of  the Company.  The value of $2,000 and other costs of
acquiring  the  license  have  been  charged  to  operations.  Subsequently, the
license  was  abandoned.

In  a  development  stage  company, management devotes most of its activities to
preparing  the  business  for operations.  Planned principal activities have not
yet begun.  The ability of the Company to emerge from the development stage with
respect  to  any  planned  principal  business  activity  is  dependent upon its
successful efforts to raise additional equity financing and/or attain profitable
operations.  There  is  no  guarantee that the Company will be able to raise any
equity  financing or sell any of its products at a profit.  There is, therefore,
doubt  regarding  the  Company's  ability  to  continue  as  a  going  concern.

3.     GOING  CONCERN

These  financial  statements  have  been  prepared  on  a going concern basis in
accordance with accounting principles generally accepted in the United States of
America.  This presumes funds will be available to finance on-going development,
operations  and  capital  expenditures  and  the  realization  of assets and the
payment  of  liabilities  in the normal course of operations for the foreseeable
future.

The  Company  has  minimal  capital  resources  presently  available  to  meet
obligations  which  normally  can  be  expected


<PAGE>

KIWI  Network  Solutions  Inc.
(formerly  Koala  International  Wireless  Inc.)
Notes  to  Consolidated  Financial  Statements
Years  Ended  September  30,  2004,  September  30, 2003 and for the Period from
August  25,  2000  (Inception)  to  September  30,  2004
(U.S.  Dollars)
--------------------------------------------------------------------------------

to  be  incurred by similar companies and has accumulated deficit of $9,373,921.
The  Company  is  in  the  process of negotiating a private placement to provide
funds  for  the completion of the development of the KEEWEE device. Once funding
is  acquired,  and  the  device  is  completed,  the Company expects to generate
revenues  from  the  sale  of  the  device.

These factors raise substantial doubt about the Company's ability to continue as
a  going  concern  and  is  dependent  on  its ability to obtain and maintain an
appropriate  level of financing on a timely basis and to achieve sufficient cash
flows to cover obligations and expenses.  The outcome of these matters cannot be
predicted.  These  financial statements do not give effect to any adjustments to
the  amounts  and  classification  of  assets  and  liabilities  which  might be
necessary  should  the  company  be  unable  to  continue  as  a  going concern.

4.     SIGNIFICANT  ACCOUNTING  POLICIES

(a)     Foreign  currency  translation

Amounts  recorded  in  foreign  currency  are  translated  into  U.S. dollars as
follows:
(i)     Assets  and  liabilities  at  the  rate  of exchange in effect as at the
balance  sheet  date;  and

(ii)     Revenues  and  expenses  at  the average rate of exchange for the year.
Gains  and losses arising from this translation of foreign currency are included
in  other  comprehensive  income as a separate component of stockholders' equity
(deficiency).

(b)     Comprehensive  Income

Comprehensive  income  is  comprised  of net loss and other comprehensive income
arising  from  foreign  currency  translation.

(c)     Use  of  estimates

The preparation of financial statements in conformity with accounting principles
generally  accepted  in the United States of America requires management to make
estimates  and  assumptions  that  affect  the  reported  amount  of  assets and
liabilities  and disclosures of contingent assets and liabilities at the date of
the  financial  statements,  and  the  reported amounts of revenues and expenses
during  the  reporting period.  Actual results could differ from those estimates
and  would  impact  future  results  of  operations  and  cash  flows.

(d)     Financial  instruments

The  Company's  financial  instruments  include  cash  and  accounts payable and
accrued liabilities.  It is management's opinion that the Company is not exposed
to  significant  interest, currency or credit risks arising from these financial
instruments.  The  fair values of these financial instruments approximates their
carrying  value.

(e)     Property  and  Equipment

Fixed  assets  are  carried  at  cost,  net  of  accumulated  amortization.

Amortization  is  provided using the straight-line method based on the following
estimated  useful  life:

Furniture  and  equipment     -  5  years

(f)     Net  loss  per  share

Net  loss  per  share  computations  are based on the weighted average number of
common  shares outstanding during the year.  Diluted loss per share has not been
presented  separately  as  the  outstanding  options  are  anti-dilutive  for

<PAGE>

KIWI  Network  Solutions  Inc.
(formerly Koala International Wireless Inc.)
Notes to Consolidated Financial Statements
Years  Ended  September  30,  2004,  September  30, 2003 and for the Period from
August  25,  2000  (Inception)  to  September  30,  2004
(U.S. Dollars)
--------------------------------------------------------------------------------

each of the years presented.

(g)     Research and development

Research and development costs are expensed to operations as incurred.

(h)     Stock  based  Compensation

The Company applies APB Opinion no. 25 and related interpretations in accounting
for  its  stock  options  granted  to  employees,  and accordingly, compensation
expense of $Nil was recognized as wages expense for the year ended September 30,
2004  (September  30, 2003 - $Nil).  Had compensation expense been determined as
provided  in  SFAS  123  using  the  Black-Scholes  option  - pricing model, the
pro-forma effect on the Company's net loss and per share amounts would have been
as  follows:
                                           2004               2003
--------------------------------------------------------------------------
Net  loss,  as  reported                   $(2,799,751)       $(3,212,184)
Intrinsic  value  expensed                           0                  0
Fair  value  of  stock  options                      0                  0
                                            ----------         ----------
Net  Loss,  pro-forma                      (2,799,751)         (3,212,184)

Net  loss  per  share,  as  reported        $    (3.47)       $    (19.53)
Plus  intrinsic value per share expensed         0.000              0.000
Plus  fair  value per share of stock options     0.000        $    (0.00)
                                            ----------         ----------
Net  loss  per  share,  pro-forma           $    (3.47)       $    (19.53)
--------------------------------------------------------------------------

During  the  year  ended  September  30,  2004,  no  options  were  granted  to
consultants.  These  options were accounted for using the Black-Scholes option -
pricing  model,  which  resulted  in  stock based compensation expense totalling
$784,000  (2003  -  $214,660). The fair value of each option grant is calculated
using  the  following  weighted  average  assumption:


                                                            2004          2003
---------------------------------------------------------------------     ----
Expected  life  (years)                                      N/A          2.875
Interest  rate                                               N/A          1.00%
Volatility                                                   N/A          247%
Dividend  yield                                              N/A          0.00%

(i)     Recent  Accounting  Pronouncements

In  December  2004,  FASB  issued  a  revision  to Statement No. 123, Accounting
for Stock-Based Compensation which supersedes APB Opinion No. 25, Accounting for
Stock Issued to Employees.  The revised SFAS  123  eliminates the alternative to
use  Opinion  25's  intrinsic  value  method of accounting and instead, requires
entities  to  recognize  the  cost of employee services received in exchange for
awards of equity instruments based on the grant-date fair value of those awards.
Furthermore,  public  entities  are  required to measure liabilities incurred to
employees  in share-based payment transactions at fair value as well as estimate
the  number  of  instruments  for  which the requisite service is expected to be
rendered.  Any  incremental compensation cost for a modification of the terms or
conditions of an award is measured by comparing the fair values before and after
the  modification.

<PAGE>


KIWI  Network  Solutions  Inc.
(formerly  Koala  International  Wireless  Inc.)
Notes to Consolidated Financial Statements
Years  Ended  September  30,  2004,  September  30, 2003 and for the Period from
August  25,  2000  (Inception)  to  September  30,  2004
(U.S. Dollars)
--------------------------------------------------------------------------------

For  public  entities that file as small business issuers, the effective date of
the  revised  Statement  is  as  of the beginning of the first interim or annual
reporting  period that begins after December 15, 2005.  The Company already uses
the  fair-value  method  to  account  for  its  stock-based  compensation.

5.     CAPITAL  STOCK

(a)  During  the first quarter of the year ended September 30, 2003, the Company
issued  34,000,000  shares  of  common stock to the President of the Company for
services  rendered,  valued  at  $3,400,000  but the Company cancelled the share
issuance  and  did  not record the transaction. Also during the first quarter of
the  year, the Company issued 3,000,000 shares (valued at $300,000) in trust for
the  acquisitions  of Dylan Morris Software Inc, IPBand, and Digiplates Software
Inc.,  300,000  shares on the exercise of options for proceeds of $15,000 to the
Company,  and  8,000,000 shares (valued at $960,000) for consultants pursuant to
the  Company's  S-8.  The  Company  issued a further 3,500,000 shares (valued at
$420,000)  for  consulting  services.  The  Company  subsequently  cancelled the
3,000,000  shares  in  trust  (valued  at $300,000) issued and therefore did not
record  the  transaction.

During  the  second quarter ended March 31, 2004, the Company created a class of
convertible  preferred  stock  with  10,000,000  shares  authorized and named it
Series  A  Convertible  Preferred  Stock.  The  key  characteristics of Series A
Convertible  Preferred  stock  are  that  each share has 100 votes and that each
share  shall be convertible to 100 shares of common stock at the sole discretion
of the stockholder.  In addition, shares of Series A Convertible Preferred stock
shall  be entitled to preference over the common stock holders in the event of a
liquidation  of  the Company.  Also during the quarter ended March 31, 2004, the
Company  issued  12,100,000  shares  of  common  stock (valued at $1,331,000) to
consultants pursuant to the Company's S-8. Also, the Company cancelled 2,000,000
shares  of common stock that had been issued in a previous fiscal year valued at
$200,000 for services rendered.  In settlement of employment agreements with two
former  employees,  the  Company issued 150,000 shares of common stock valued at
$24,000.

During  the  third quarter ended June 30, 2004, the Company cancelled  3,800,000
shares  of  common stock which had been issued to various suppliers for services
rendered,  valued  at  $380,000.  The  Company  subsequently re-issued 5,800,000
common shares to some of the suppliers for services rendered, valued at $29,000.

During  the  last  quarter of the year, the Company reinstated $743,277 of loans
payable  to  various  suppliers for services rendered of which $160,000 worth of
loans  payable  was repaid by the issuance of 32,000,000 shares of common stock.
Also  during  the  fourth  quarter  of the year, the Company cancelled 5,900,000
shares  of  common  stock previously issued for services valued at approximately
$599,000.

(b)  Subsequent  to  the  year  ended September 30, 2004, the Company approved a
reverse  stock  split  of  1:100  effective  November 5, 2004. The effect of the
reverse  stock  split is included in the financial statements for the year ended
September  30,  2004.

c)  (i)     Options  outstanding
            As  of  September  30,  the  following  options  were  outstanding:
                     Exercise
Expiry  Date         Price       2004  2003         2002
------------         --------    ----  ----         ----
April  15,  2004     $  5.00      0     0           100,000
March  22,  2005     $  0.03      0     0           600,000
June  15,  2005      $  7.50      0     0           100,000
August  20,  2005    $  0.50      0     300,000     300,000
August  21,  2005    $  0.15      0     200,000     0
August  21,  2005    $  0.30      0     200,000     0
August  21,  2005    $  0.60      0     200,000     0

<PAGE>

KIWI  Network  Solutions  Inc.
(formerly Koala International Wireless Inc.)
Notes to Consolidated Financial Statements
Years  Ended  September  30,  2004,  September  30, 2003 and for the Period from
August  25,  2000  (Inception)  to  September  30,  2004
(U.S. Dollars)
--------------------------------------------------------------------------------


August  21,  2005    $  0.90      0     200,000     0
September 1, 2007    $ 10.00      0     0           100,000
--------------------------------------------------------------
Totals                            0     1,100,000   1,200,000
--------------------------------------------------------------

(ii)     The  following table summarizes the Company's stock option activity for
the  years  since  inception:
                                                                    Weighted
                                                Exercise            Average
                                   Number       Price               Exercise
                                   of  Shares   Per  Share          Price
--------------------------------------------------------------------------------
Balance,  September  30,  2001     0            $  0.00             $  0.00
Granted  during  year              1,200,000    $  0.03 - $10.00    $  2.02
--------------------------------------------------------------------------------
Balance,  September  30,  2002     1,200,000    $  0.03 - $10.00    $  1.80
Cancelled  during  year             (100,000)   $  5.00
Cancelled  during  year             (100,000)   $  7.50
Cancelled  during  year             (100,000)   $ 10.00
Granted  during  year                800,000    $  0.15 - $ 0.90    $  0.49
Granted  during  year                800,000    $  0.05             $  0.05
Exercised  during  year             (600,000)   $  0.03
Exercised  during  year             (500,000)   $  0.05
--------------------------------------------------------------------------------
Balance,  September  30,  2003     1,400,000    $  0.03 - $ 0.90    $  0.15
Exercised  during  year             (300,000)   $  0.05
--------------------------------------------------------------------------------
Balance,  September  30,  2004     1,100,000    $  0.05             $  0.05
--------------------------------------------------------------------------------



6.  INCOME  TAXES
The  Company  has operating losses which may be carried forward to apply against
future  year's taxable income. The components of future income tax assets are as
follows:


                                               2004          2003          2002
-------------------------------------------------------------------------------
Future  income  tax  assets
  Non-capital  loss  carry  forwards     $6,968,109    $4,191,589    $1,194,065
  Approximate  tax  rate                        35%           35%           35%
-------------------------------------------------------------------------------
                                          2,438,838     1,467,056       417,900
Valuation  allowance                     (2,438,838)   (1,467,056)     (417,900)
-------------------------------------------------------------------------------
                                                 $0            $0            $0
-------------------------------------------------------------------------------

Income  tax  losses  expire  in 2024 - $(2,776,520); 2023 - $(2,997,524); 2022 -
$(835,542);  2021  -  $(352,748);  and  2020  $(5,775).

7.  COMMITMENTS

The  Company  has  cancelled  its  lease  agreement  of  December,  2003.

<PAGE>

8.  RELATED  PARTY  TRANSACTION

For  the  year  ended September 30, 2004, $63,000 of loans payable to a previous
director  were  written  off.

9.  LICENSES

The licenses referred to in note 2 were acquired on February 14, 2000 for a term
of three years.  The Company agreed to pay an annual fee of $500 for maintenance
of  the  grantor's  website  commencing  February  14, 2001.  The grantor of the
license  retains  50%  of  the profit on all sales made through the website.  To
September  30,  2004,  no  sales  occurred  and  the  license  was  abandoned.

10.  SUBSEQUENT  EVENTS

[a]   Reverse  stock  split

Subsequent  to September 30, 2004, the Company approved a reverse stock split in
the  ratio  of  1:100  shares  effective  November  5,  2004.

[b]  Share  issuances

Subsequent  to  September  30,  2004,  the  Company  issued 946,980 shares (post
reverse  stock  split) in settlement of accounts payables which were outstanding
as  of  Sept  30, 2004, totalling $ 47,349.plus an additional  2,969,324  shares
(post  reverse  stock  split)  in settlement of debt which was outstanding as of
Sept  30,  2004,  totalling  $  148,465.

ITEM  8.  CHANGES  IN  AND  DISAGREEMENTS  WITH  ACCOUNTANTS  ON  ACCOUNTING AND
FINANCIAL  DISCLOSURE

          None.

PART  III

ITEM  9.  DIRECTORS,  EXECUTIVE  OFFICERS,  PROMOTERS  AND  CONTROL  PERSONS

     This  table  sets  forth  the  name,  age and position of each director and
executive
officer  of  the  Company:

Name  of  Director      Age          Position

Derek  Pepler            45          Director  and  President
Robert  Vivacqua         40          Director
Ernest  Kolenda          49          Director

     Derek  Pepler  -  Director  and  President.  From  1986 to 1994, Mr. Pepler
specialized  in  Commercial,  Investment and development real estate as a Senior
Consultant  with  Colliers  International and with Oxford Development Group as a
Director. From 1994 to 1999, Mr. Pepler worked with several merchant banks as V.
P.  Sales  and  Marketing,  managing  debt  financing  and  venture  capital
opportunities.  In  1999  (to  present)  Derek joined sales and distribution for
EquiGenesis Corporation, a private limited-market securities dealer specializing
in  structured  finance.

<PAGE>

     Robert  Vivacqua  - Director. Mr. Vivacqua has over 7 years experience as a
Financial Planner and Investment Advisor and has worked within several large and
medium  sized  firms  within the investment industry. He gained his start in the
Investment  industry  while at Bank Of America where he made the transition from
computer Science (where he initially acquired a degree in) to a currency trader.
From there he graduated into the position of Financial Analyst at Elliott & Page
Mutual  Funds,  which  eventually  amalgamated  into Manulife Financial where he
presently  maintains  a  position  as  a  consultant.  Further, he also became a
partner  in  a small boutique independent Venture Capital Firm named RJ Sterling
Venture  Capital where he performs a wide range of duties for its customers such
as  financial/estate planning, advising, and mortgage facilitator for individual
investors.  In  addition he has procured and assisted in various financing's for
small  to  mid  sized  private/public  companies  through  his and the companies
relationships  within  the  investment  industry.

     Ernest  Kolenda  - Director. MrMr. Kolenda, age 49, developed his business
skills  through  entrepreneurial  endeavors.  Since  2000,  Mr. Kolenda has been
directly  or  indirectly  providing  consulting  services to various concerns in
matters  of  due  diligence,  corporate  governance,  mergers  and acquisitions,
capital funding, restructuring, personnel and operations.  Currently Mr. Kolenda
is  involved in the creation and establishment of a CPC, Sackport Ventures Inc.,
on  the  TSX  venture  exchange.  In 1991, Mr. Kolenda sold his private business
interests  to  Eiger  Technologies  Inc.,  or  its predecessor, a public company
listed on the Toronto Stock Exchange and OTCBB, where he was Corporate Secretary
and  director  from  1991  to 2000.  During his business career, Mr. Kolenda has
been  active in both successful private and public corporations, from infancy to
fully  reporting  public  status, as well as, in Board of Director positions for
private,  public  and  chartable  organizations.

ITEM  10.  EXECUTIVE  COMPENSATION

     During  the  last  fiscal year, officers  and  directors  of  the  Company,
or  its  subsidiaries,  have  received  no  shares in remuneration  for services
rendered  through  September  30, 2004. No officer or director received any cash
payments.  Although  there is no current plan in existence, it  is possible that
the  Company  will  adopt a plan to pay or accrue compensation to  its  officers
for  services  provided  to  the  Company.

     COMPENSATION  OF  DIRECTORS

     Directors  are  not  compensated  for  their  service  as  directors.  All
directors are reimbursed  for  any  reasonable  expenses  incurred in the course
of  fulfilling  their  duties  as  a  director  of  the  Company.

     EMPLOYMENT  CONTRACTS

     The Company  does not have employment contracts with its executive officers
and  directors.  The  Company  may  in  the  future  execute  written consulting
agreements  with  the  consulting  companies owned by its executive officers and
consultants.

     STOCK  OPTION  PLAN

     The  Company's  stockholders  adopted  the Company's 2001 Stock Option Plan
(the  "Plan") at a special meeting on December 6, 2001.  The purpose of the Plan
is  to  enable  the  Company  to  offer  its  officers, directors, employees and

<PAGE>

consultants  and  advisors  performance-based  incentives  and  other  equity
interests  in  the  Company,  thereby  attracting,  retaining,  and  rewarding
such personnel.  The Company  believes  that  increased  share ownership by such
persons more closely aligns  stockholder and employee interests by encouraging a
greater  focus  on  the  profitability  of  the  Company.  There is reserved for
issuance  under the Plan an aggregate  of 2,000,000 shares of common stock.  All
of  the  shares  may,  but  need  not,  be  issued  pursuant  to the exercise of
incentive  stock  options.  Options  granted  under  the  Plan  may  be  either
"incentive  stock options," as defined in Section  422  of  the Internal Revenue
Code  of 1986, as amended (the "Code"), or non-statutory  stock  options.  As of
this  date,  all  the  options  have  been  granted  under  the  plan.

ITEM  11.  SECURITY  OWNERSHIP  OF  CERTAIN  BENEFICIAL  OWNERS  AND  MANAGEMENT

     The  following table sets forth as of December 30, 2004 certain information
known  to the Company regarding the beneficial ownership of the Company's common
stock,  and  as  adjusted  to reflect the share ownership for (i) each executive
officer  or director  of  the  Company  who  beneficially owns shares; (ii) each
stockholder known to the Company to beneficially own five percent or more of the
outstanding  shares  of  its  common stock; and (iii) all executive officers and
directors  as  a group.  The  Company  believes  that  the  beneficial owners of
the  common  stock  listed  below,  based  on  information  furnished  by  such
owners,  have  sole  investment  and  voting  power with respect to such shares,
subject  to  community  property  laws  where  applicable.


                                                                 PERCENTAGE  OF
                                                                    OUTSTANDING
NAME  AND POSITION                     NUMBER OF SHARES                  SHARES

Derek  Pepler                                    20,043             0.004%
Robert  Vivacqua                                  2,500             0.0005%
Ernest  Kolenda                                   1,470             0.0003%
All  Current  Directors  and
Officers  As  A  Group  (3 Persons)              24,013             0.0048%


CHANGE IN CONTROL

     The  Company  is  not  aware  of  any  arrangement  that  would  upset  the
control  mechanisms  currently  in  place.  Although  it  is  conceivable that a
third  party could  attempt  a  hostile takeover of the Company, the Company has
not  received  notice  of  any  such  effort.

ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

     No  transactions  with management or other parties occurred during the year
that  would  otherwise  be  reported  under  this  section.

PART IV

ITEM 13. EXHIBITS AND REPORTS ON FORM 8-K

EXHIBITS: none

<PAGE>

REPORTS ON FORM 8-K:
8k filed with the SEC on November 5, 2004 and amendments thereto.
8k  filed  with  the  SEC  on  August  25,  2004  and  amendments  thereto.
8k  filed  with  the  SEC  on  August  3,  2004  and  amendments  thereto.
8k  filed  with  the  SEC  on  June  28,  2004  and  amendments  thereto.
8k  filed  with  the  SEC  on  June  8,  2004  and  amendments  thereto.
8k  filed  with  the  SEC  on  November  7,  2003  and  amendments  thereto.

ITEM 14. Controls and Procedures

Based  on their most recent evaluation, which was completed as of the end of the
period  covered  by  this  annual  report  on  Form  10-KSB, the company's Chief
Executive  Officer  and Chief Financial Officer believe the Company's disclosure
controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) are
effective  to ensure that information required to be disclosed by the Company in
this  report  is  accumulated  and  communicated  to  the  Company's management,
including  its  principal  executive officer and principal financial officer, as
appropriate, to allow timely decisions regarding required disclosure. During the
last  fiscal  quarter  to  which  this report relates, there were no significant
changes  in  the  company's  internal  controls  or  other  factors  that  could
significantly  affect  these controls subsequent to the date of their evaluation
and there were no corrective actions with regard to significant deficiencies and
material  weaknesses.

SIGNATURES

In  accordance  with  Section  13  or  15(d) of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

KIWI NETWORK SOLUTIONS INC.

By: /s/ Derek Pepler
    ------------------
    Derek  Pepler
    President  and  Director

    Date:  January  14,  2005

In  accordance  with  the Exchange Act, this report has been signed below by the
following  persons  on behalf of the registrant and in the capacities and on the
dates  indicated.


By:  /s/  Derek  Pepler                    Date:  January  14,  2005
     ------------------
     Derek  Pepler
     President  and  Director


By:  /s/  Robert  Vivacqua                 Date:  January  14,  2005
     ---------------------
     Robert  Vivacqua
     Director


By:  /s/  Ernie  Kolenda                   Date:  January  14,  2005
     -------------------
     Ernie  Kolenda
     Director

<PAGE>


CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER PURSUANT TO
18  W.S.C. SECTION 1350 AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY
ACT  OF  2002

I,  Derek  Pepler,  certify,  pursuant  to  18  U.S.C.  Section 1350, as adopted
pursuant  to  Section  906  of  the  Sarbanes-Oxley Act of 2002, that the Annual
Report  on  Form  10-KSB  of  KIWI  Network  Solutions  Inc. for the fiscal year
ended  September  30, 2004 fully complies with the requirements of Section 13(a)
or  15(d)  of  the  Securities  Exchange  Act  of  1934 and that the information
contained  in  the  Annual Report on Form 10-KSB fairly presents in all material
respects  the  financial  condition  and  results  of  operations  of  Koala
International  Wireless  Inc.

          By:     /s/  Derek  Pepler
                  ------------------

          Name:   Derek  Pepler

          Title:  Chief  Executive  Officer

          Date:   January  14,  2005

I,  Robert Vivacqua, pursuant to 18 U.S.C. Section 1350, as adopted pursuant  to
Section  906 of the Sarbanes-Oxley Act of 2002, that the Annual Report  on  Form
10-KSB  of  KIWI  Network Solutions Inc. for the fiscal year ended September 30,
2004  fully  complies  with the requirements of Section 13(a) or  15(d)  of  the
Securities  Exchange  Act  of  1934  and  that  the information contained in the
Annual  Report  on  Form  10-KSB  fairly  presents in all material respects  the
financial  condition  and  results  of  operations  of  Koala  International
Wireless  Inc.

          By:     /s/  Robert  Vivacqua
                  ----------------------

          Name:   Robert  Vivacqua

          Title:  Chief  Financial  Officer

          Date:   January  14,  2005


<PAGE>


302  CERTIFICATION


I, Derek Pepler, Chief Executive Officer, certify that:

1. I have reviewed this annual report on Form 10-KSB of KIWI Network
Solutions  Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a
material  fact or omit to state a material fact necessary to make the statements
made,  in  light of the circumstances under which such statements were made, not
misleading  with  respect  to  the  period  covered  by  this  annual  report;

3.  Based  on  my  knowledge,  the  financial  statements,  and  other financial
information included in this report, fairly present in all material respects the
financial  condition,  results of operations and cash flows of the registrant as
of,  and  for,  the  periods  presented  in  this  annual  report;

4.  I  am  responsible  for establishing and maintaining disclosure controls and
procedures  (as  defined  in  Exchange  Act Rules 13a - 14 and 15d - 14) for the
registrant  and  have:
     a) designed such disclosure controls and procedures to ensure that material
information relating to the registrant, including its consolidated subsidiaries,
is  made  known  to  us by others within those entities, particularly during the
period  in  which  this  annual  report  is  being  prepared;
     b)  evaluated the effectiveness of the registrant's disclosure controls and
procedures  as  of a date within 90 days prior to the filing date of this annual
report  (the  "Evaluation  Date");  and
     c)  presented in this annual report our conclusions about the effectiveness
of  the  disclosure  controls  and  procedures based on our evaluation as of the
Evaluation  Date.

5.  I  have  disclosed,  based on my most recent evaluation, to the registrant's
auditors  and  the  audit  committee  of the registrant's board of directors (or
persons  performing  the  equivalent  functions):
     a)  all  significant  deficiencies  in  the design or operation of internal
controls  which  could  adversely  affect  the  registrant's  ability to record,
process,  summarize  and  report  financial  data  and  have  identified for the
registrant's  auditors  any  material  weaknesses  in  internal  controls;  and
     b)  any  fraud,  whether or not material, that involves management or other
employees  who  have  a  significant role in the registrant's internal controls.

6. I have indicated in this annual report whether there were significant changes
in  internal  controls  or  in  other  factors  that  could significantly affect
internal  controls  subsequent  to  the  date  of  our  most  recent evaluation,
including  any  corrective  actions  with regard to significant deficiencies and
material  weaknesses.



     Date:     January 14, 2005               /s/ Derek Pepler
                                              ----------------
                                              Derek  Pepler,
                                              Chief  Executive  Officer

<PAGE>


302 CERTIFICATION

I, Robert Vivacqua, acting Chief Financial Officer, certify that:

1.  I  have  reviewed  this  annual  report  on  Form  10-KSB  of  KIWI  Network
Solutions  Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a
material  fact or omit to state a material fact necessary to make the statements
made,  in  light of the circumstances under which such statements were made, not
misleading  with  respect  to  the  period  covered  by  this  annual  report;

3.  Based  on  my  knowledge,  the  financial  statements,  and  other financial
information included in this report, fairly present in all material respects the
financial  condition,  results of operations and cash flows of the registrant as
of,  and  for,  the  periods  presented  in  this  annual  report;

4.  I  am  responsible  for establishing and maintaining disclosure controls and
procedures  (as  defined  in  Exchange  Act Rules 13a - 14 and 15d - 14) for the
registrant  and  have:
     a) designed such disclosure controls and procedures to ensure that material
information relating to the registrant, including its consolidated subsidiaries,
is  made  known  to  us by others within those entities, particularly during the
period  in  which  this  annual  report  is  being  prepared;
     b)  evaluated the effectiveness of the registrant's disclosure controls and
procedures  as  of a date within 90 days prior to the filing date of this annual
report  (the  "Evaluation  Date");  and
     c)  presented in this annual report our conclusions about the effectiveness
of  the  disclosure  controls  and  procedures based on our evaluation as of the
Evaluation  Date.

5.  I  have  disclosed,  based on my most recent evaluation, to the registrant's
auditors  and  the  audit  committee  of the registrant's board of directors (or
persons  performing  the  equivalent  functions):
     a)  all  significant  deficiencies  in  the design or operation of internal
controls  which  could  adversely  affect  the  registrant's  ability to record,
process,  summarize  and  report  financial  data  and  have  identified for the
registrant's  auditors  any  material  weaknesses  in  internal  controls;  and
     b)  any  fraud,  whether or not material, that involves management or other
employees  who  have  a  significant role in the registrant's internal controls.

6. I have indicated in this annual report whether there were significant changes
in  internal  controls  or  in  other  factors  that  could significantly affect
internal  controls  subsequent  to  the  date  of  our  most  recent evaluation,
including  any  corrective  actions  with regard to significant deficiencies and
material  weaknesses.



Date:  January  14,  2005            /s/  Robert  Vivacqua
                                     ---------------------
                                     Robert  Vivacqua,
                                     Acting Chief Financial Officer and Director