Boston, MA, USA. Feb 10th, 2006.

MoreMagic Solutions, Inc., the global provider of content enabling, charging and payment solutions, today announced it has deployed its mobile payment and mobile commerce solutions in a dozen countries with mobile operators.

"The MoreMagic platform is used for selling and charging for content, GPRS and WiFi usage, and value-added voice services using operator prepaid, post-paid and third-party billing through banks and financial institutions. In addition, operators are able to do promotions and offer loyalty and rewards programs using our solutions in these countries" commented Pankaj Gulati, MoreMagic's CEO. "The market for mobile payments is maturing well and we see banks, content providers and operators showing a lot of flexibility in developing and evolving the ecosystem. As a result, we were able to dramatically increase our footprint multi-fold in 2005."

About MoreMagic Solutions

MoreMagic Solutions is the global provider of carrier-class, cross-platform transaction solutions for service providers in the areas of mobile, broadband, Mobile Virtual Network Operators and content. MoreMagic's product range enables dynamic pricing and payment over a wide variety of network services and applications that cover voice, internet access and digital content. The Company's transaction and payment solutions extend the reach of service providers from access to payment transaction management, allowing them to leverage added value from their existing subscriber base, billing systems, and referential information such as location data. MoreMagic is headquartered in Newton (near Boston), Massachusetts, with offices in Ireland and Finland. More information on MoreMagic Solutions and its products can be found at www.moremagic.com.

Contact:
MoreMagic Solutions
Pankaj Gulati
(617) 244 1598