SOURCE: Legend Mobile

August 17, 2007 08:01 ET

Legend Mobile Announces Changes for Legend Credit

NEW YORK, NY--(Marketwire - August 17, 2007) - Legend Mobile Inc. (OTCBB: LGMB) today announced that it intends to change the name of its subsidiary, Legend Credit Inc., to Bomani Corp.

Bomani Corp intends to focus on the acquisition and development of live events and specifically the exploitation of these events on television, Internet broadcast, video on demand, and DVD.

The company expects to direct its efforts on programming in the area of combat sports.

This news release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including, the ability of the company to complete the name change, execute on its business plan, the public acceptance of combat sports, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. Our Annual Reports on Form 10-K, Quarterly Reports on Forms 10-Q, Current Reports on Forms 8-K and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.

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