WaveNET Wins Mbillionth Award for '3G Play'

Company Lauds Landmark Achievement

COLOMBO, Sri Lanka, July 30, 2010 - WaveNET, which has built a reputation as being a leading provider of
premium mobile technology products and solutions, has added another feather
in its cap. The company was bestowed with a mBillionth Award in the
m-entertainment category for their innovative 3G gaming product 3G play. The
m-Billionth Award South Asia 2010 is the premier award for recognising mobile
innovations, applications and content service delivery to developing
communities in South Asia. The ceremony will be graced by numerous other
mobile communication organizations in South Asia vying for the prestigious
mBillionth Award in 9 different categories. The inaugural mBillionth Award
Congress, Expo & Gala was held on the 23rd of July, 2010 at the Hotel
Intercontinental Eros, New Delhi, India.

Speaking upon receiving a nomination of such repute, Mr. Suren Pinto,
CEO, WaveNET said, "I speak on behalf of the entire organization when I say
that we are extremely happy with the success at the awards. Today the
buzz-word in the Indian mobile sector is 3G and the opportunities it
represents for both service providers as well as for users. The timing
couldn't be any better as India moves into world of 3G we at WaveNET will
take the initiative to bring our best practices and experiences to the
operators here. We believe that entertainment will play a vital role in the
3G domain and we are constantly striving to give operators innovative
applications such as 3G play which offers a unique value proposition.
WaveNET's 3G PLAY is an exclusive gaming platform that enables multi-player
gaming via video calls on 3G-enabled handsets. The application allows
subscribers to challenge other players by making an inbound video call to the
system, or participate in single player games with the system. Total privacy
can be maintained through user-profiling. 3G PLAY offers a range of game play
experiences that include 'Tik Tak' (3G form of Tic Tac Toe) 'Reversi' and
'Cricket Mania'. We are happy to have been associated with the awards and I
personally feel that the mBillionth Awards is an important yard stick for all
mobile service providers in the region of South Asia."

WaveNET have certainly stamped their authority in 3G mobile solutions and
have raised the bar among its competitors in providing novel and interactive
services and solutions, which is sure to revolutionize both the 3G sphere and
the mobile industry in the near future.

For more information log on to www.globalwavenet.com

    Media Contact:
    Sanjini Munaweera
    +94773823259
    sanjini@wavenet.lk

Media Contact: Sanjini Munaweera, +94773823259, sanjini at wavenet.lk