Financial Results

During 2007 we have continued to strengthen our balance sheet:

Current Assets increased to $1,097,533 as of December 31, 2007 from $647,159 as of December 31, 2006. Stockholders' Equity deficit decreased to $346,550 as of December 31, 2007 from $635,241 as of December 31, 2006.

Revenues for the year ended December 31, 2007 rose to $2,295,260, up 3% from $2,230,264 in 2006. Income from revenue share increased 63% to $864,894 for the year ended December 31, 2007 from $531,580 in 2006.

Net Increase in Cash and Cash Equivalents for the year ended December 31, 2007 was $360,441 compared with $4,499 for the year ended December 31, 2006.

Full financial results for 2007 are available in m-Wise 10K filing.

"m-Wise marked another exceptional year of growth in 2007," stated Mati Broudo, co-founder and Chairman of m-Wise. "In calendar year 2007, we have been able to acquire prestige and market leader customers and strengthen the profit share model that we had begun developing in 2005.

"We signed deals with media market leaders such as News Corp's News International, Telcogames and Bertelsmann's Arvato Mobile, to provide a large variety of mobile content management and delivery services on a profit share model.

"We clearly see that the business shift made in 2005 from a license model to profit share model is starting to bear the desired fruits by generating a stable business environment for recurring revenues and consistently increasing profitability.

"We strongly believe that with the establishment of the profit share model and the relevant acquired customers we laid the ground for a strong and stable business environment of profitability and growth. We enter 2008 with increased confidence and expect to see positive results for our efforts in the exploding market of mobile services," concluded Mr. Broudo.

About m-Wise

Founded in 2000, m-Wise has established itself as a leading international provider of enabling technologies for the mobile communications, mobile advertising, mobile gaming and mobile entertainment industries. m-Wise is the developer of MOMA platform, a proven mobile content management and service delivery platform used in over 50 mobile networks throughout Europe, North and Latin America, and Asia.

MOMA is an integrated "one stop shop" for mobile operators, wireless ASPs, and content providers to deliver end-users with a state-of-the-art mobile experience. MOMA makes it easy to manage and deliver content such as entertainment, music, games and video regardless of handset compatibility, while adding real-time end user interactivity like voting, mobile marketing, advertising and access to all forms of real-time content. MOMA furthermore integrates built-in capabilities for transactional billing, customer care and marketing to satisfy the growing needs of major brands and marketing agencies.

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

Safe-Harbor Statement

This press release contains "forward-looking statements." These forward-looking statements use words such as "believes," "intends," "expects," "may," "will," "should," "plan," "projected," "contemplates," "anticipates" or similar statements. These statements are based on our beliefs, as well as assumptions we have used based upon information currently available to us. Because these statements reflect our current views concerning future events, these statements involve risks, uncertainties and assumptions. Actual future results may differ significantly from the results discussed in the forward-looking statements. A reader, whether investing in our common stock or not, should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release.