Boston, MA, USA. Oct 10th, 2005.

MoreMagic Solutions, Inc., the global provider of content enabling, charging and payment solutions, today announced that they have partnered with POS terminal vendors Verifone and Lipman.

"As MoreMagic platform becomes the preferred payment mechanism for operators and retailers to sell digital and physical content, we have made our applications available on GPRS, IP and dial-up POS solutions. We have partnered with the market-leaders in this space and have already shipped several hundred of these devices in addition to integrating with existing POS deployed base. Our entire solution, including loyalty and promotions are available through these channels", commented Pankaj Gulati, MoreMagic's CEO. "This is a significant step forward in our desire to bring banks, content providers and operators together in providing a consistent and secure experience to our customers through mobile and IP channels."

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.

More information on Verifone can be found on www.verifone.com.

More information on Lipman can be found on www.lipman.com.

Contact:
MoreMagic Solutions
Pankaj Gulati
(617) 244 1598