AGM Statement/ Bus. Update

Adamind Ltd
07 June 2005


7 June 2005

                                  ADAMIND LTD
                       AGM Statement and Business Update

         New operator agreements with Verizon Wireless, Telus Mobility
                  and a worldwide expansion deal with Ericsson

MILIPITAS, California - Shailendra Jain, CEO of Adamind Ltd ("Adamind" or "the
Company"), the leading media adaptation software provider for delivering
multimedia messages (MMS) and rich content services across any network or mobile
device, is going to provide the following update on the business at its Annual
General Meeting today.

"Adamind has benefited from strong trading conditions in the first five months
to 30 May 2005 as mobile telecoms network operators deploy new infrastructure
for the launch of MMS and rich content services such as picture messaging, music
and video download.

"The Company is on track to achieve its high growth and annual business targets
and already has seen major new deployments in telecom leaders including Verizon
Wireless, North America's largest mobile network operator with 40 million
subscribers and Telus Mobility, Canada's largest mobile operator. In addition,
Adamind has penetrated into high growth regions like Russia and Eastern Europe.
The total number of operator customers using our software is now more than 90
worldwide.

"We have also broadened our alliance with Ericsson, the world's leading telecom
supplier, with integration of Adamind's video content adaptation software as
part of their MMSC offering.

"Given the Company's revenue model is linked to the volume of content and MMS
traffic over operator networks, we are well-positioned to benefit as content &
messaging services become increasingly popular with consumers in the years
ahead."


Enquiries:

Adamind                       [phone] on the day and thereafter
Shailendra Jain, CEO          [phone]

Corfin Communications
Harry Chathli, Neil Thapar    [phone]



Notes to Editor

About Adamind
Adamind (LSE: ADA) is a leading provider of rich media content adaptation and
enhancement software for MMS, content services and value added services markets.
Adamind's MediaSpireTM enables delivery of images, text, ringtones, audio and
video to and between a variety of mobile devices, domains and networks, driving
traffic growth and creating the ultimate rich media consumer experience.

With headquarters in the US, an R&D Center in Israel, a global sales force and
strategic channel partnerships with some of the top MMSC vendors and top-tier
system integrators - all major Blue Chip companies such as Ericsson, Motorola, 
Openwave and LogicaCMG, CBOSS - Adamind is positioned to deliver superior
quality products, services and support to its 90+ tier-1 and tier-2 operator
customer deployments across the globe.




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