RCS Reports Strongest Quarterly Volume and Profits Since 2008

TEL AVIV, Israel, May 11, 2011 - RCS Limited (www.rcs.com), the world's largest international
trader of cellular phones, digital cameras and other portable electronics,
announced today that the company's first quarter results showed a 35%
increase in turnover and 44% increase in profit in international distribution
across the RCS product spectrum. The robust results mark the best individual
quarter for RCS since 2008.

Despite the ongoing, slow economic climate, RCS' results are a clear
indication of increased market share in its core markets - cellular phones,
digital cameras and computers; and the company's leadership position in the
emerging teablet computing device market.

"We are extremely pleased with the first quarter results and
anticipate that this growth trend will continue. As the global recession
dissipates, we anticipate that trading for cellular phones, as well as other
products offered through the RCS trading platform, will return to
pre-recession levels" said RCS President Rami Feller.

"For over 15 years, RCS has been a global pioneer and leader
in the parallel trading market for cellular phones and portable electronics
and because of our organizational depth and global reach, we have been able
to navigate the company to pre-recession activity levels and profit levels,"
Feller added.

In addition to cellular phones, RCS unique trading platform is
the hub of global trade in the international markets of digital cameras,
laptops, tablets and computer components and other portable electronics.

About RCS

RCS, a privately held company established in 1995, is the
world's largest international trader of cellular phones, digital cameras and
other portable electronics. The company's international sales team maintains
strong connections with over 3,000 manufacturers, operators, distributors and
wholesalers of cellular phones, digital cameras, game consoles, LCDs,
portable media devices and original accessories in 128 countries, enabling it
to source and close deals at the best possible price in the shortest possible
time.

The company's sophisticated website (www.rcs.com)
offers the industry's leading online trading platform, with its continuous
selection of offers, requests and auctions. Thousands of buyers and sellers
from around the world use this online platform daily to close lucrative
deals, backed by RCS' superb logistics.

With over 30 professional sales agents, and 20 logistics
experts, RCS is unmatched in its trading capabilities. The main offices are
in the Isle of Man, Israel, United States, United Kingdom, Italy, the
Netherlands and Australia.

    For additional information contact:

    Bluma Nussbaum
    T: +972-3-615-9999 ext. 330
    E: bluma@rcs.com

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