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Adamind Limited (the "Company") Posting of Circular

28 February 2007: The Company announces that it is today posting to shareholders a circular convening an Extraordinary General Meeting (the ‘EGM’) of the shareholders of the Company, which will be held at 10 a.m. on 12 April 2007 at the offices of Corfin Communications, 11th Floor, 78 Cannon Street, London EC4N 6HH.

The EGM will seek the approval of shareholders for the proposed asset sale announced on 21 February 2007 and the ratification of the appointment of Mr. Johannes Streng to the Company’s board of directors, following his appointment as a non-executive director on 20 February 2007. Should the proposed asset sale be approved by shareholders, the Company will be treated as an investing company under Rule 15 of the AIM Rules, and the EGM will therefore also be seeking approval for the investment strategy detailed in the circular to shareholders.

Copies of this circular will be available shortly on the company’s website www.adamind.com for one month from the date of this announcement.

Enquiries:
Adamind  
Orna Berry,
Executive Chairperson
+972 9 971 9111
 
Confirm Communications  
Neil Thaper,
Harry Chathli
+44 20 7929 8989


About Mobixell

Mobixell Networks provides innovative multimedia technologies and business solutions that facilitate the expansion of mobile operators, content and service providers' mobile multimedia services by enabling content consumption, Peer-2-Peer content sharing, User Generated Content communities, mobile advertising, and more. Mobixell’s reliable network-based solutions deliver the highest quality multimedia, raising user satisfaction while helping operators drive traffic growth, safeguard crucial content revenue streams, and realize new revenue streams. 

Mobixell's solutions are deployed at over 100 mobile operators and content providers including top-tier carriers in five continents. Founded in late 2000, Mobixell is a Delaware company with offices and operations around the world. For more information, visit the company’s web site at www.mobixell.com

About Adamind

Adamind (LSE: ADA) is a developer of software that provides a comprehensive framework to enable and promote mobile multimedia content and converged communications services. The company addresses the interoperability challenge that exists between different mobile devices to receive media rich content and provides tools to track, process, control and promote rich content services. Adamind’s media adaptation and enhancement platform enables service operators to successfully deploy messaging (MMS, Email, IM), content (downloading, browsing and streaming) 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 Adamind is strategically poised to enable the promise of the Mobile Lifestyle revolution.
For more information, visit  www.adamind.com

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