Press Releases

ADAMIND ANNOUNCES OVER $1.2M IN SALES IN SECOND HALF OF 2006 VIA ONE OF ITS CHANNEL PARTNERS

New license sales for Adamind's Spire™ Platform to accommodate growing demand for MMS capacity upgrades platform

Palo Alto, California. 21 November, 2006: Adamind (LSE: ADA) (“Adamind” or the "Company”), a global provider of a multimedia enhancement and management platform for the mobile operator and content services market, announces that its revenues from one of its major channels in second half, 2006 exceed $1.2M.  This amount represents a more than 100% increase compared to the revenues from the first half 2006 and are factored into the revenue guidance for full year 2006 provided by the Company on 30 August 2006.

Yaron Dishon, VP Sales & Channel Development at Adamind says: "The sales were in the form of Media Adaptation software licenses, capacity upgrade and support fees for MMS services. This is a positive indication that MMS & Content Services in key markets worldwide have started to pick up in the second half of the year.“
Analyst company Yankee Group reported that, in Western Europe alone, MMS revenues will increase to EUR 5.8 billion by 2009. Forrester says that it predicts that total traffic from all mobile messaging types will grow by 92% over the next five years in Europe. In terms of Pan- European MMS revenues, they expect it to grow to more than $6.4 billion per year by 2010.

Enquiries:

Adamind
Shailendra Jain, CEO	+ 1-801-2319076
Corfin Communications
Neil Thapar, Harry Chathli	+44 20 7929 8989

About Adamind

Adamind (LSE: ADA) is a provider of software that enables mobile multimedia content and converged communications services. The company addresses the interoperability challenge that exists between different mobile devices to receive and process media rich content. The Adamind Spire™ platform provides media adaptation and enhancement software enabling service operators to successfully deploy messaging, content and next generation convergence services; generate new revenue streams; and drive key new value-added-services (VAS) enablers such as advertising, branding, DRM and anti-abuse support. With over 100 deployments in some of the world's major mobile operator networks and content providers such as Universal Mobile Music, Adamind is strategically poised to enable the promise of the Mobile Lifestyle revolution. Adamind has strategic relationships with major infrastructure vendors and system integrators including Ericsson, HP, IBM, Accenture, LogicaCMG, Motorola, Openwave, Critical Path and CBOSS.  www.adamind.com