SOURCE: Innofone.com, Inc.

March 15, 2007 06:00 ET

Innofone Subsidiary Mobile Technology Group Releases Jackpot Spy™

SANTA MONICA, CA -- (MARKET WIRE) -- March 15, 2007 -- Innofone (OTCBB: IMEN), a leader in provisioning for Internet Protocol version 6 (IPv6), today announced the Company's mobile messaging and ticketing subsidiary, Mobile Technology Group (MTG), is releasing its Jackpot Spy™ product for casino, gaming and lottery applications in the United States. The Jackpot Spy system notifies members of casinos, gaming clubs and communities, and "high stakes" players of game play opportunities through a cell phone text message. The application also enables users to receive electronic coupons for free dinners, discounted shows and other valuable, time sensitive promotions.

The system allows a customer to choose when he or she would like to be notified and may elect to participate in certain levels of game play, such as a million-dollar jackpot. For instance, a message can be sent within seconds of when a jackpot has surpassed $950,000 and is approaching the one million dollar mark, or when a forced payout is imminent. The user can also opt-in to receive special offers targeted to his or her interests, such as last-minute discounts on local casino show tickets.

"Jackpot Spy has been extensively tested with one of the largest gaming organizations in the world since last year, and has been enthusiastically received," said Kirk Anderson, president of MTG. "It empowers consumers to participate in new and exciting games of chance and lotteries, and enables them to stay informed of last minute offers and special deals that they might otherwise miss."

Mr. Anderson continued, "Although we provide mobile consumers with high-value services, we remain focused on targeting mass market appeal and have begun developing much more extensive offerings that will be available in the near future with broadband online connectivity, including networks enabled by the New Internet (IPv6). It is our vision and goal to engender 'a special and well taken care of' feeling among travelers, and in doing so strengthen the client-service bond between these people and our client base that serves them, such as hotels, casinos, gaming clubs and other premier services."

Alex Lightman, CEO of Innofone.com, Inc., stated, "There are now over 2 billion cell phones in the world, and studies have shown that over 80 percent of all travelers bring a mobile phone with them to use as their primary source for on-the-road communications. Over 65 percent of these users have shown interest in receiving travel discounts and information 'on the go' through their mobile devices. Our new Jackpot Spy application meets the specific messaging needs of this demographic. Innofone.com is poised to monetize this trend through our ongoing partnerships with enterprises which have a need for targeted, continuous communication with their audience and customer base, such as gaming and entertainment companies."

About Mobile Technology Group:

Mobile Technology Group, a subsidiary of Innofone.com, is based in Las Vegas, Nevada, and specializes in mobile services for the travel industry, including messaging and notification services for hotel guests, ticket purchases for theater shows and light rail rides via cell phones, and content delivery to mobile devices.

About Innofone.com, Inc.:

Innofone.com, Inc. (OTCBB: IMEN), with its wholly owned subsidiary, Mobile Technology Group (MTG), is currently the only U.S. public company to focus on Internet Protocol version 6 (IPv6). Innofone.com offers a broad range of products related to IPv6 for government and commercial customers, organizes world-class conferences, and offers training, testing and consulting services. For more information, see www.innofone.com and www.usipv6.com.

IPv6, also known as The New Internet, is a major upgrade to the existing Internet (Internet Protocol version 4, in service since 1973), and offers always-on security, high-quality TV-over-Internet and other important new features that will profoundly influence a broad range of consumer, commercial and military systems. The Office of Management and Budget (OMB) recently mandated IPv6 for use by the U.S. Federal Government, joining the U.S. Department of Defense, which has already started transitioning to the new format.

SAFE HARBOR ACT DISCLAIMER Notice

"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.

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