Volas Entertainment & Investro Group Sign Agreement to Develop & Promote Mobile Content Portals in Central and South America

Volas & Investro are Scheduled to Launch the First Portal Called Mago Movil in Guatemala, Q2 of 2010

HERZLIAH, Israel, March 17, 2010 - Volas Entertainment Ltd, a leading mobile content service
provider today announces that it has signed a managed services deal with
Investro Group, a leading High-Tech solution provider Group in Latin America.
Under the deal, Volas will develop mobile content portals as well as provide
full content aggregation services to Investro so that they can expand their
current operations within the Telecom sector in the region. Initially, the
target will be to launch into its headquartered territory, Guatemala, which
gives Investro access to more than 10.5 million mobile subscribers.

Investro will be offering the plug and play portal solution
directly to operators while providing all the marketing and content
management services to run, manage and promote the different services.
Investro will continue to stay up to date with the latest trends and
activities in the area while maintaining a steady flow of new and interesting
services to users. Investro has been operating in the region for over 8 years
and is already working hand in hand with all the operators. The first portal,
Mago Movil is scheduled to launch in Q2 2010 with one of Gautemala's leading
operators.

Volas will oversee all technical and integration aspects of
the portal and will provide the portal development, CMS, portal management
tools, hosting services, content aggregation, reporting and monitoring for
the service. The portal will be offering a wide range of content and services
to meet the needs of the users. Both Volas and Investro will provide their
extensive mobile catalogs from over 85 content provider partners based around
the globe which includes games, videos, music, themes, images, applications
and infotainment services.

Adi Goren, CEO of Investro Group, said: "We are very thrilled
to establish such cooperation with Volas. I am convinced that with their
state of the art mobile content solutions and successful commercial
deployment in other markets, we could easily and smoothly duplicate the
success in Central and South America reaching high numbers of cellular users
through unique and high quality content and services.

"We are very pleased to partner up with Investro Group. They
have a very strong presence with the leading vendors, many years of
experience and vast knowledge in the region," Commented Doron Cohen, CEO &
Founder at Volas Entertainment. "Adding this to the fact that mobile content
and services are becoming a bigger part of daily life for consumers in
Central & South America, I believe we are in the right place at the right
time."

About Volas Entertainment Ltd:

Volas Entertainment is a wireless application service provider
(WASP) providing an end-to-end solution for On & Off Deck portals including
content aggregation, value-added managed services, mobile billing and
transcoding for content providers, mobile portals and wireless operators.

Founded in 2004, Volas Entertainment is located in Herzliah,
Israel, and has a growing customer base in Asia, Europe, Americas and the
Middle East. The company's proven track record, products and attentive
service have attracted clients such as Vodafone Italy, Telecom Italia Mobile,
Lancio Entertainment, WIND, Orange Romania, Vodafone Romania, Airtel India,
Smart Philippines, AIS Thailand, Cellcom and more.

For more information, please visit: www.VolasEnt.com

About Investro Group:

Investro Group Inc. is a private holding business group
specialized in business development in the high tech field. Investro Group's
main objective is to bridge the cultural and geographical gap between
developed and developing countries by penetrating those markets with
innovative and advanced solutions in numerous working areas.

Investro Group holds leading subsidiary companies in a few growing
business sectors with the aim of focusing on successful independent operation
of each individual organization.

Investro Group is a dynamic entrepreneur in the high tech field based on
a very unique strategy in order to meet its commercial and financial
objectives by providing strong and solid business opportunities to our
clients, partners and investors.

    Media Contacts:
    Doron Cohen
    CEO and Founder
    Volas Entertainment
    doron@volasent.com
    +972-732525252

    Adi Goren
    CEO and Founder
    Investro Group Inc.
    adi@investrogroup.com

Media Contacts: Doron Cohen, CEO and Founder, Volas Entertainment, doron at volasent.com, +972-732525252; Adi Goren, CEO and Founder, Investro Group Inc., adi at investrogroup.com