SOURCE: Mobile Ready Entertainment Corp.

July 31, 2006 07:30 ET

Mobile Ready Entertainment Corp. Issues Letter of Intent to Valuetronix

MBRN Seeks to Acquire Small Business Tools With Mobile Capability

STROUDSBURG, PA -- (MARKET WIRE) -- July 31, 2006 -- Mobile Ready Entertainment Corp. (PINKSHEETS: MBRN) announced on Monday that it had submitted a Letter of Intent to acquire Valuetronix and their vServer technology and MicroOffice business platform.

"We are looking to increase our technology holdings and offerings and Valuetronix has some very compelling tools for our small and mid-sized business customers," Josh Eikov, CEO of MBRN said.

The vServer is marketed towards the small business owner and separates itself from other servers by providing license-free highly integrated multi-functional capabilities. In other words, a vServer is an "all-in-one" server that can handle the most demanding of network services and application delivery that breaks the bonds of having to pay licensing per user. When installed in a small business, it is all you will need. A vServer provides network services like corporate mail and file sharing to enterprise grade web-based applications like groupware, customer relationship management, accounting, issue tracking and more. There is also a mobile interface that allows access and control over data and essential services such as email and groupware.

"Our portfolio is growing within the business segments we are targeting around the mobile theme. The addition of a great B2B tool such as the Valuetronix product is just more of MBRN's commitment to serving the small business needs of America," said Mary Hermant, MBRN General Manager.

For information about Valuetronix, Inc. please visit www.valuetronix.com

Forward-Looking Statement

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. The statements contained or incorporated by reference in this website that are not historical facts (including without limitation statements to the effect that Mobile Ready Entertainment Corp. (the "Company" or "Mobile Ready") or its management "believes," "expects," "anticipates," "plans," "intends," "foresees," or other similar expressions) are forward-looking statements. These forward-looking statements are based on the Company's current expectations and beliefs concerning future developments and their potential effects on the Company.

There can be no assurance that future developments affecting the Company will be those anticipated by the Company. All comments concerning the Company's expectations for future revenue and operating results are based on the Company's forecasts for existing operations and do not include the potential impact of any future acquisitions. These forward-looking statements involve significant risks and uncertainties (some of which are beyond the Company's control) and assumptions.

Contact Information