The contracts, which were signed with operators in Latin America, South East Asia and the Asia Pacific regions, will initially generate revenues with further license upgrades and recurring fees expected to generate additional revenues on an ongoing basis. The Company’s revenue model is directly tied to the volume of MMS and other content traffic running through mobile networks.

These deals bring the total number of Adamind-enabled networks worldwide to approaching 100, compared with approximately 80 at the beginning of 2005.

The contracts include one new deal with a mobile network operator that has licensed Adamind’s media adaptation software for the first time. The other three contracts announced today involve license upgrades purchased by existing mobile telecoms operators that have already embedded Adamind’s software platform, MediaSpire, in their network infrastructure. In total, the four operators have a combined subscriber base of approximately 31 million.

The three license upgrades reflect the growing popularity of MMS and new rich content services such as video and music downloads. As a result, Adamind is seeing operators upgrade their network capacity to keep up with traffic volumes and to introduce new services. The Company’s MediaSpire software enables network operators and content owners to adapt multimedia messages and other mobile content so that it can be experienced by subscribers across any mobile device or network.

Shailendra Jain, CEO of Adamind, said: “Adamind is continuing to make great strides to establish its software as a de-facto industry standard. In the past four months we have signed four deals across three continents with this channel, which demonstrate the increasing mobile data traffic and associated annuity income to Adamind from these customer accounts.”

Enquiries:

Adamind - +44 20 79298989 on the day and thereafter
Shailendra Jain, CEO: +1 408 468 3961

Corfin Communications
Harry Chathli, Neil Thapar +44 20 7929 8989

Notes to Editor

About Adamind

Adamind (LSE: ADA) is a leading global supplier of media adaptation software in the Mobile Messaging (MMS), Content and Convergence Services markets. Adamind's MediaSpire™ enables delivery of images, text, ringtones, audio and video to and between a variety of mobile devices, domains and networks, driving traffic growth and creating the ultimate rich media consumer experience.

With headquarters in the US, an R&D Centre in Israel, a global sales force and strategic channel partnerships with some of the top MMSC vendors and top-tier system integrators - all major Blue Chip companies such as Ericsson, Motorola, HP, Openwave, LogicaCMG, Critical Path and CBOSS - Adamind is positioned to deliver superior quality products, services and support to its 90+ tier-1 and tier-2 operator customer deployments across the globe