Mvive, Inc.

Mvive, Inc.

March 13, 2008 14:34 ET

Mvive Shocked and Disappointed by SEC Suspension

LAS VEGAS, NEVADA--(Marketwire - March 13, 2008) - Mvive, Inc. (PINK SHEETS:MVIV)(FRANKFURT:4M1)(WKN:A0M5WL) is shocked and disappointed by the recent allegations of the SEC Microcap Fraud Working Group but has pledged to assist the Commission in any way possible to ensure that all information concerning the Company is accurate and adequate.

Mr. Roy Choi, President, stated, "Quite frankly we are shocked by these allegations. We have started an investigation into the issues raised by the Commission and are evaluating our legal options with respect to both the allegations and any damages the Company may suffer, as a result of this suspension. These issues appear to relate to issues with the incorporation of Amazing Technologies Corp. which subsequently changed its name to Mvive, Inc. and acquired MVive Media Group Inc., now its wholly owned operating subsidiary, and as such, have nothing to do with our current mobile marketing operations, business and management. Our shareholders can be certain that we will aggressively seek to rectify any harm committed against our Company."

Mvive will provide continuous updates on its investigations and shareholders are encouraged to check the Company's website regularly.

About Mvive

Mvive is a leading-edge, permission based mobile marketing service and technology provider quoted on the Pink Sheets under the symbol MVIV and listed on the Frankfurt Stock Exchange under the symbol 4M1 (WKN:A0M5WL). The Company's objectives are to convert their proprietary mobile marketing technology onto a fully commercial system in order to accommodate the anticipated growth and demand from a wide-open global marketplace. For more information, please visit the Company's web site at:

Cautionary Statement about Forward-Looking Statements

This press release contains "forward-looking statements", which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects", "anticipates", "intends", "plans", "believes", "seeks" or "will". Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook.

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