Thursday, August 01, 2002

iNFOiSLIVE strengthens European presence with SMS Platform going live in Serbia and Montenegro (former Yugoslavia)

1st August, 2002 - Hong Kong and Belgrade. The Hong Kong based leading wireless application developer, iNFOiSLIVE Corporation Limited, joins hands with Zekstra D.O.O to deploy SMS & WAP services in Republic of Serbia in Yugoslavia.

iNFOiSLIVE provides 16 applications and platforms including the popular miL platform, 5390 community platform, a number of popular GameisLive WAP games and download graphics.

Julie Cheng, VP, Business Development at iNFOiSLIVE comments, "We are excited to be part of the fast actions in the mobile entertainment market in Eastern Europe and is positive to partner with Zekstra to further explore other markets in the region based on the close partnership with Zekstra and its strong network. This partnership will strengthen our foothold in Europe, which today already contributes more than 30% of our worldwide revenue."

With its base in Hong Kong, iNFOiSLIVE has established a strong business network in the Asia-Pacific Region, with more than 40% of revenue from Japan and Korea, the leading mobile entertainment markets; and 30% of revenue from Europe, another region of high growth in mobile data.

About iNFOiSLIVE
http://www.iilcorp.com/corp/about-us.html

About Zekstra D.O.O
Zekstra company is the leading producer in textile industry of Yugoslavia. The company produces the highest quality suits, women business collections, and the youth sportswear. Zekstra is the exclusive distributor of Max Mara and Diesel for the territory of Yugoslavia and it also distributes such brands as Marina Rinaldi, Genny, Byblos, Paoloni etc.

As the business of the company is expanding, Zekstra has found its¡¦ interest to invest in telecommunications and information technologies. The main intention is to become leader for the development of SMS and WAP applications on the territory of Yugoslavia, as well as to establish the distribution of iNFOiSLIVE products on the other markets of interest.

About Mobtel
The Company 063 MOBTEL Serbia, the first and the largest mobile telephony operator in Yugoslavia, was founded on April 15, 1994. It is presently has a market share 58% in Serbia, Yugoslavia.

For further information, please contact:
iNFOiSLIVE Corporation Limited
Tel. +852 2174 1110
Fax +852 2174 1113
Email: marketing@iilcorp.com

Zekstra D.O.O
Tel: +381 11 452 955
Fax: +381 11 431 203