Innovation Advisors Assists dotMobi With Strategic Acquisition by Afilias Limited

NEW YORK, March 3, 2010 - Innovation Advisors congratulates its client dotMobi on the company's
purchase by Afilias Limited. Financial terms were not disclosed.

Working closely with dotMobi's management team and board of directors,
Innovation Advisors structured and negotiated the company's strategic
acquisition by Afilias Limited, a global provider of Internet infrastructure
services. Both dotMobi and Afilias are based in Dublin, Ireland.

dotMobi was founded in 2004 to launch the .mobi top level domain and
expand the development of mobile friendly content on the Internet. The
company was funded by a global consortium of leading mobile and Internet
organizations: Ericsson, GSM Association, Google, Hutchison, Microsoft,
Nokia, Orascom Telecom, Samsung Electronics, Syniverse, Telefonica Moviles,
Telecom Italia, T-Mobile, Visa and Vodafone.

Innovation Advisors is a boutique provider of technology-focused
investment banking and advisory services in the United States and Europe.

"We're very excited for dotMobi's management, team, and board," said Eric
Gebaide, managing director of Innovation Advisors. "Over the course of this
deal, we have seen a noticeable uptick in acquirer and seller interest across
the technology and media landscape, and expect a very active market for
technology investing and M&A over the next several years, especially in and
around the mobile web. We believe that this deal, when viewed in the context
of Apple's acquisition of Quattro and Google's acquisition of Admob, the 15%
anticipated increase this year in carriers' mobile broadband investments and
Cisco's predicted 39x increase in global mobile data over the next 5 years,
all lead to the inevitable conclusion that the mobile web has finally reached
its inflection point, right here and right now."

About Innovation Advisors

Innovation Advisors is a leading advisory firm focused exclusively on
serving the needs of technology companies. Founded in 2001, Innovation
Advisors provides M&A and private capital-raising advisory services, fairness
opinions for private and public transactions, restructurings and other
advisory services. Its advisors have collectively executed over US$5 billion
in M&A transactions and raised over US$6 billion in equity for
growth-oriented technology companies. Headed by a team of senior advisors
with extensive operating knowledge and broad Wall Street expertise averaging
more than 20 years, the firm has four locations across the United States
including New York, Boston, Chicago and Silicon Valley, servicing clients in
the US and Europe. Innovation Advisors is a member of FINRA and the SIPC. For
more information, call +1-212-268-1501 or visit
www.innovationadvisors.com.

Matt Batt for Innovation Advisors, +1-773-294-5808, matt.batt at pipelinemediarelations.com