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CASH-U BOOSTS J2ME OFFERING FOR ENHANCED MOBILE ENTERTAINMENT


CASH-U ANNOUNCES MOBILE GAMING AGREEMENTS WITH INDIAGAMES AND MOBIMATE TO BRING TO MARKET MULTI-USER J2ME GAMES London, August 1, 2002: Cash-U Mobile Technologies, the leading provider of entertainment solutions for mobile operators and Wireless ASP's has expanded its extensive catalogue of cutting-edge mobile entertainment applications by signing a partnership with Indiagames.

Under the agreement, Indiagames' portfolio of ready-to-go J2ME games, which includes titles such as Goom Attack, Soccer, Catapult Charlie, Chopper Rescue, Digital Derby and Strip Poker will become available to operators and service providers via Pecan - Cash-U's mobile entertainment platform. Pecan offers extensive entertainment and management capabilities as well as supporting all of the available and emerging protocols including SMS, WAP, J2ME, EMS and MMS.

In addition, Cash-U's SDK is, for the first time, being used to develop a multi-player J2ME game. The game, Pirate Lords, is being developed by MobiMate and will enable fast-paced and competitive gaming on handheld devices.

The game is designed for high stickiness and can be played over a period of weeks. Players can compete against each other as well as form strategic alliances, and SMS messages are sent to offline players to notify them if any of their islands are being attacked or if their ships are being robbed.

"The development of Pirate Lords by MobiMate proves the capability of our software development kit," comments Efi Dahan, director developer community division. "It is a high quality and extremely playable game that capitalizes on the pervasive nature of mobile handsets. Our partnership with Indiagames further enhances the choice of market leading mobile entertainment services made available through our Pecan platform and makes Cash-U an even more appealing package for operators."

Vishal Gondal, Founder and Director of Indiagames Ltd.: "We are very excited by this opportunity of partnering with Cash-U to promote our games in the international markets. With our development skills, expertise in the mobile gaming space and Cash-U's technology and strong presence in the market, we are sure to penetrate the gaming market fast and deep".

About Indiagames Ltd.

Indiagames Ltd, based in Mumbai (Bombay), is India's first and only dedicated Games Development Company focusing on development of games across various platforms like Internet, PC, Broadband, Mobile phones, PDAs, handheld gaming devices like Game Boy Advance, consoles etc. One of the key focus areas being targeted by Indiagames is wireless gaming and it has quite a few games on platforms/technologies like WAP, SMS, J2ME, Pocket PC (Win CE), Palm OS, BREW, MMS etc. Indiagames already has a presence in leading markets like India, South East Asia, North America and Europe and is working with leading gaming companies, publishers and operators in these markets.

About MobiMate

MobiMate Ltd. is one of the world's leading developers of mobile software - applications for PDAs and smart-phones. MobiMate has been a player in this market since '98, when it first released PDA software. To-date, MobiMate has achieved considerable exposure through its PDA software - with 3 Top-50 products, and several other award-winning titles. MobiMate's applications have been licensed by top players in the PDA & smart-phone arena, including Palm Inc., Sony Electronics USA, Red M Communications and others. MobiMate's customers and content partners include also Sun Microsystems, The Weather Channel and others.

About Cash-U

Cash-U Mobile Technologies is the leader in mobile entertainment solutions. It has a product line that enables carriers and wireless ASPs to deliver mobile entertainment applications to the end user in a scalable and cost effective manner. Cash-U's main product, the Pecan platform, is an open execution and hosting platform for single or multi-user interactive applications. The Cash-U product suite also includes "Pistachio", a software development kit (SDK) which provides developers the ability to create "plug & play" applications on its platform.

Cash-U's platform is commercially installed with some of Europe's leading operators, and about 100 application developers are using the Pistachio kit to develop mobile entertainment applications. Cash-U has a worldwide presence with offices in London, Israel and Asia Pacific.



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