724 Solutions Inc.
NASDAQ : SVNX
TSX : SVN

724 Solutions Inc.

April 07, 2006 00:29 ET

724 Solutions Receives CTIA Wireless 2006 E-Tech Award for Innovation in Consumer Mobile Applications

LAS VEGAS--(CCNMatthews - Apr 7, 2006) -

724 Solutions (NASDAQ:SVNX) (TSX:SVN), a leading provider of next-generation IP-based network and data services, announced today that its product Thulean was selected as the 3rd place winner of the Wireless Emerging Technologies Award at CTIA WIRELESS 2006 for the Consumer Mobile Applications for Messaging (SMS and MMS) category. Award recipients were announced today in a ceremony at the Las Vegas Convention Center during the CTIA WIRELESS 2006 Convention.

The Wireless E-tech Awards program is designed to give industry recognition and exposure to the best wireless products and services in the areas of Consumer, Enterprise and Network technology. Nearly 200 applications were submitted and reviewed by a panel of recognized members of the media, industry analysts and executives, as well as select show attendees. Products were judged on innovation, functionality, technological importance, implementation and overall "wow" factor.

"We are extremely proud of the e-Tech awards program and continually amazed at the level of ingenuity present in the submissions," said Robert Mesirow, vice president and show director for CTIA WIRELESS. "On behalf of CTIA, we congratulate 724 Solutions on this accomplishment and look forward to their continued innovation in the field of mobile messaging."

724's Thulean extends the reach of pre-IMS and IP/IMS messaging services back to a subscriber's communities and legacy devices through SMS, MMS, IM, email and voice. Thulean's initial application suite extends the reach of pre-IMS Push-to-talk over cellular (PoC) to SMS, MMS, IM, email and voice.

"Thulean enables mobile network operators to realize 724's vision of the Unwired Lifestyle™ by providing seamless connectivity between next generation services and the installed subscriber base," said Michael Luna, Chief Technology Officer at 724 Solutions. "We are honored to accept this award and pleased that the industry is focusing on seamless connectivity and the preservation of user communities as a means of driving the ROI models for premium mobile services."

For more information and a live demonstration of Thulean, please visit 724 Solutions at Booth 111 at CTIA Wireless 2006 in Las Vegas.

About 724 Solutions

724 Solutions (NASDAQ:SVNX) (TSX:SVN) delivers reliable, scalable technology and solutions that allow mobile network operators and virtual network operators to rapidly deploy flexible and open next generation IP-based network and data services. The company's solutions enable the Unwired Lifestyle ™, 724's vision of how people will use mobile data services to enhance and enrich their professional and private lives with services relevant to their specific needs, with user communities preserved across generations of technology and with data services as reliable as voice. 724 Solutions is a global company with development operations in Canada and Switzerland with its corporate office in Santa Barbara, California. For more information, visit www.724.com.

About CTIA WIRELESS 2006

As the premiere global event representing the complete wireless, mobile computing and wireless Internet industry and the largest wireless show in the world, CTIA WIRELESS 2006 brings together all industries within the communications ecosystem and all those affected by wireless technology for three days of intense learning and networking. Visit www.ctiawireless.com.

CTIA-The Wireless Association is the international association for the wireless telecommunications industry, representing carriers, manufacturers and wireless Internet providers. Visit www.ctia.org.

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