Notification of Interest

Adamind Ltd
03 April 2006


                                  Adamind Ltd
                           (Adamind or "the Company")


                            Notification of Interest


Palo Alto: The Company was notified that on 31 March, Emblaze Ltd has sold its
entire shareholding in Adamind. Emblaze sold 17,735,000 existing ordinary shares
of ILS 0.01 ("Ordinary Shares") in Adamind to institutional investors at 110p
per Ordinary Share through a placing with institutional investors by Bridgewell.


Shailendra Jain, CEO of Adamind, said: "Since Adamind was created in November
2004, Emblaze has been a supportive shareholder and has helped us to achieve the
market leading position we occupy today.The sale of Emblaze's holding in Adamind
means that we now have the flexibility to operate as a wholly independent
company and we believe that Adamind's position will be enhanced as a consequence
of that.


"The Company will continue to build on its foundation to chart a successful
future as it expands its business into new territories and deliver sustained
shareholder value."


Enquiries:

Adamind

Shailendra Jain, CEO                             [phone]
Eli Sofer, CFO

Corfin Communications

Harry Chathli, Neil Thapar                       [phone]



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