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MTC Kuwait selects 724 Solutions X-treme Mobility Gateway 724 and ITS to implement WAP 2.0 technology for advance data services Santa Barbara, CA (July 21, 2003) – 724 Solutions (NASDAQ: SVNX; TSX: SVN), a leading provider of next-generation IP-based network, applications and data services, and International Turnkey Solutions (ITS), a major supplier of wireless products and solutions for the Middle East, today announced that MTC Kuwait has selected 724's X-treme Mobility Push/Pull Gateway for their WAP 2.0 premium services offering. The XMG is currently deployed in MTC' network and is supporting live data traffic including gaming and java downloads, two of the today's hottest premium data applications. MTC-Vodephone (Mobile Telecommunications Company), part of the MTC Group, is the largest mobile operator in Kuwait. Founded in 1983, MTC is a pioneer in mobile and paging services in Kuwait and is fully dedicated to providing its customers with the latest advancements in technology and more importantly, offering improved services to enhance their customers way of life. "This is a significant win for both ITS and 724 in the Middle Eastern Market," said XXX, ITS. "MTC is advancing ahead of other mobile operators and is furthering its position to support its increasing market growth and demand." (ITS to insert its own quote or add on to this quote if desired.) 724 and ITS have proven that their wireless data solution and WAP gateway technology can support the premium services that our market demands," says XXX MTC, "while also supporting the long term growth of our customer base. Their solution enables our continuous dedication to offer the latest data applications and services that both appeal and enhance our customer's lives." "724 and ITS provided an extraordinary level of customer support during the weeks of our solution evaluation and final deployment," says John Sims, CEO, 724 Solutions. "Our value-add to MTC is exemplified with our combined total solution offering that enables quick and seamless integration for faster time-to-market of applications and services. We were able to quickly complete the integration process and offer a highly responsive level of support every step of the way." 724 and ITS first announced its joint partnership initiatives in early 2001. 724 joined the partnership to offer its advanced gateway technology to operators in the Middle East. Together, 724 and ITS offer a complete end-to-end wireless data solution to enable revenue-generating premium data services. XMG is a push/pull WAP 2.0 gateway that features a highly open and flexible platform that support every major carrier standard including MMS, WAP 1.x and WAP 2.0. XMG is deployed throughout the world in several countries and continents. About 724 Solutions 724 Solutions (NASDAQ: SVNX; TSX: SVN) delivers reliable, scalable technology and solutions that allow mobile network operators to rapidly deploy flexible and open next generation IP-based network and data services. Additionally, in conjunction with mobile operator partners, the company provides a series of actionable alerting solutions to enterprises to assist them in lowering operating costs and improving customer relationship management. 724 Solutions is a global company with development operations in North America, Switzerland and Germany with headquarters in Toronto, Canada. For more information, visit www.724.com About International Turnkey Systems ITS has been a major supplier of products and solutions to the banking and financial industries in the Middle East for more than 20 years, with over 600 employees and 11 offices in eight countries. ITS is strategically positioned to offer a quick and efficient response to its customers' requirements. ITS has focused on complementing its total banking solution to serve banks' business visions and directives; and adopting superior products which meet the in-depth business requirements of various units of each bank or financial institution. ITS is proud to currently serve more than 50 banks in the Middle East. For additional information visit www.its.ws