SOURCE: MobiClear, Inc.

March 27, 2007 10:56 ET

MobiClear Signed Agreement With TravelPartner -- One of Europe's Leading Internet Online Travel Agencies

DOVE CANYON, CA -- (MARKET WIRE) -- March 27, 2007 -- Mobiclear Inc. (OTCBB: MBIR) announced today that the company has signed an agreement with TravelPartner, one of Europe's fastest growing internet online travel agencies active in 20 countries. MobiClear actively trades on the NASD Over the Counter Bulletin Board under the ticker symbol MBIR and on Deutsche Börse under the ticker symbol B3CA.

Leif Lundin, CEO of TravelPartner, stated: "The MobiClear solution is exactly what we have been looking for to enhance our online business. It's the first complete solution that we have seen covering all aspects of safe and secure trade over the Internet. No other solution on the market can compete with MobiClear today."

Magnus Lundin, Vice President of TravelPartner, stated: "And as one of Europe's fastest growing Internet online travel agencies we are of course very happy that we, together with MobiClear banking partners, now will be the first company in the world to offer our own branded credit/debit/prepaid cards secured by MobiClear."

Lim Wong, CEO of MobiClear, stated: "We are very pleased to see that one of Europe's leading Internet online travel agencies, TravelPartner, now pushes for and demands the MobiClear solution to enhance their business on the Internet."

About TravelPartner

TravelPartner is Sweden's first online travel agency which was founded in 1997. The fundamental business concept of TravelPartner is to offer private travellers, as well as small and medium-sized businesses, a complete range of travel agency services, always at the best price. TravelPartner's strategy is that everyone should be able to book their journey without having to pay the booking fees and supplements of traditional travel agencies. The wide range of products and low prices mean that the customer only requires one travel agency -- Travelpartner.se.

About MobiClear

MobiClear specializes in electronic Personal Identification Verification (PIV) solutions in connection with credit/debit card transactions. MobiClear's multi-gateway solution (U.S. patent pending) offers proactive security in all forms of electronic business environments including Internet shopping, business-to-business procurement transactions and retail shopping with credit/debit cards.

Credit/debit card fraud on the Internet and in stores is increasing at an enormous rate. The estimated figure comes to USD 20 billion annually. And in the USA alone the level of credit/debit card fraud on the Internet and in stores is estimated to be USD 4 billon.

MobiClear's answer to the problem is a security and user-friendly identity solution that works right across the globe. In addition MobiClear's identification service ensures safe and secure trade over the Internet, which in its turn helps to create more user satisfaction in both e-trade and invoice payments online.

MobiClear offers solutions and services that, MobiClear believes, virtually eliminate credit/debit card and electronic transaction fraud, completely securing these transactions. A unique feature of MobiClear's solutions are that end-users and customers do not need to learn any new behaviors or master new techniques.

MobiClear has an IBM PartnerWorld agreement within banking. The agreement covers marketing, technical and development support. IBM is one of the world-leading companies in the invention, development and manufacture of the industry's most advanced information technologies, including computer systems, software, storage systems and microelectronics.

This news release includes comments that may be deemed forward-looking within the meaning of the safe harbor provisions of the U.S. Federal Securities Laws. These include, among other things, statements about expectations of future transactions or events, revenues, sales of products and performance. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to have necessary financing in time to meet contractual obligations, developing appropriate strategic alliances, raising working capital, successfully developing and implementing technology, acceptance of the company's products and services, building a functional infrastructure, and other such risks as the company may identify and discuss from time to time. Accordingly, there is no certainty that the company's plans will be achieved.

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