NEOCAPITAL INVESTMENTS is a Spanish-based, international and independent financial management firm, managed by an experienced team of professionals in real estate and investment banking. The company's services cover a large variety of clients and act worldwide searching for new investments opportunities.

NEOCAPITAL's main focus is in the fields of Real Estate and Equity Investments acting as a Venture Capital or Private Equity firm. The acquisition of a relatively large portion of m-Wise shares is based on the company's strategy to invest in emerging technology companies who demonstrate extensive growth potential.

Pedro Romero, CEO of NEOCAPITAL, said, "We have been analysing m-Wise for quite a long time and we are very optimistic about their business projections. A new era has begun for new technology companies specializing in solutions for interactive mobile services. We are now studying the possibility of acquiring additional stakes in m-Wise in order to strengthen our position in the great potential of this company."

About m-Wise

Founded in 2000, m-Wise has rapidly established itself as a leading international provider of enabling technologies for the mobile communications, mobile gaming, and mobile entertainment industries. m-Wise is the developer of MOMA (Mobile Once, Mobile Anywhere), the de facto content management and service delivery platform used on or through over 50 mobile networks throughout Europe, North and Latin America, and Asia.

MOMA is an integrated "one stop shop" for mobile operators, wireless ASPs, content providers, and media producers to always deliver end-users with a state-of-the-art mobile experience. MOMA makes it easy not only to manage and deliver content like entertainment, music, games, and video without specific regard to handset compatibility but also adds real-time end user capabilities like voting, chat, and access to live data. Better yet, MOMA includes transactional billing, customer care, and even marketing capabilities -- all built in.

For more information, please visit www.m-wise.com.

Safe-Harbor Provision

This press release contains "forward-looking statements." Said statements use words such as "believes," "intends," "expects," "may," "will," "should," "plan," "projected," "contemplates," "anticipates" and/or other similar words. All statements only reflect our current views and opinions concerning future events. All representations are limited to the date of this press release and involve risks, uncertainties, and assumptions. Do not place undue reliance on forward-looking statements. Actual future results may differ significantly from those identified and described herein.