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Mobile Signal to boost operator revenues with launch of world’s first wireless social networking service

London, UK, April 25th 2006:  Mobile Signal today launches a revolutionary text-based business and social networking service that it estimates will boost mobile operator revenues by at least €30 million inside two years.

The new mobile social networking solution uses a world’s first combination of SMS messaging and location-based services to give subscribers the opportunity to communicate with people who share their personal or business interests in their vicinity via their mobile phone or PC.

The Mobile Signal platform – which is available via simple plug–in patented technology compatible with any web or mobile application – enables network operators to provide high revenue features to its customers within four weeks.
 
“With no significant cost of implementation, no installation onto the operator’s network needed and the potential target market being worldwide, our technology provides the operator with an immediate way to convert day-to-day social interactions into revenues,” said Dan Ake, CEO of Mobile Signal Corporation.  “We project that an operator with a 10-million subscriber base will be able to generate an additional revenue stream of at least €30 million within two years of implementation.”

Mobile Signal’s new networking service also has the potential to evolve with mobile internet service delivery.  The technology can be accessed via a java menu that can be either be preinstalled on the handset or downloaded from the Mobile Signal website free of charge. The application can also sit directly on the SIM card in a mobile handset to enable extended features and one-click usages.

Once activated, standard SMS will alert other people in the same location who share a whole host of similar interests such as sport, music, films, politics or even romance.

Whether it is a young backpacker arriving at an airport in a new country, or a businessman attending a congress alone, by activating Mobile Signal on their phone they will be made instantly aware of those nearby who also like to meet others sharing something in common. 

Dan Ake added: “Mobile phone users now have the freedom to reach out and communicate with people they’ve never met, according to personal and business interests.  This is digital communications with a face, revolutionising the way people get to know each other.”

-ENDS-

About Mobile Signal
Mobile Signal Corporation is a private technology company far ahead in the development of artificial intelligence and distributed platforms. Mobile Signal was born in Silicon Valley, based on social networking research undertaken since 1996. Mobile Signal development centres are located in California, France and Warsaw Poland with headquarters for the European operations in London.

For further information, please contact:
Additional material on www.mobsignal.com/press
Application on www.mobsignal.com