Appointment to the Board

Mobile Streams plc 17 February 2006 17 February 2006 Mobile Streams announces appointment of Mark Carleton as non-executive director Mobile Streams plc ('Mobile Streams' or 'the Company'), the global mobile media specialist, is pleased to announce the appointment of Mark Carleton as non-executive Board director with immediate effect. Mark Carleton is currently Senior Vice-President of US cable and media investment group Liberty Media Corporation ('Liberty') and chairman of Liberty's wireless location subsidiary TruePosition, Inc. Mark's appointment follows Mobile Streams' recent strategic alliance with Liberty Media and TruePosition, through which Liberty acquired a 22% stake in Mobile Streams. In addition, Mobile Streams signed a multi-million dollar agreement to manage and operate ConnectID, the US mobile tracking business controlled by TruePosition. Mark Carleton, Chairman of TruePosition and senior executive of Liberty, said: 'After extensive research into the mobile content market and due diligence on Mobile Streams, we decided to invest in the company. We were very impressed with the expertise and track record of its management in the mobile market and particularly with the company's unique Musia technology platform.' Mark Carleton said: 'Joining the Board of Mobile Streams further strengthens our alliance as we develop new businesses and innovative services in the mobile services space.' Commenting on the appointment, Simon Buckingham, CEO of Mobile Streams, said: 'We are delighted Mark has joined our Board. His appointment enhances our media expertise even further and we look forward to working with him and Liberty to develop premium media content.' Ends Enquiries Mobile Streams Simon Buckingham, Chief Executive Jitesh Sodha, Chief Financial Officer +44 (0) 7000 366366 Liberty Media and TruePosition John Orr +1 720 875 5622 Brunswick Group LLP Tim Burt / Laura Cummings +44 (0) 20 7404 5959 Notes to Editors Mark Carleton Mr. Carleton has been a Senior Vice President at Liberty Media Corporation since December 2003. His primary responsibilities include corporate development and oversight of Liberty's Technology and Venture Investment Group of subsidiaries and investments. Prior to joining Liberty Media Corporation, Mark was a partner at KPMG LLP, where he had overall responsibility for communications and media enterprises. Mr. Carleton was also a member of KPMG LLP's Board of Directors. Mr. Carleton's current directorships include WildBlue Communications, Inc., True Position, Net2Phone, Inc., QVC Network, Inc. and Volunteers of America - Colorado Branch. Mr. Carleton received a BS in Accounting from Colorado State University, where he is a member of the College of Business Global Leadership Counsel About Mobile Streams Mobile Streams is a leading provider of music, comedy, sport and entertainment content to handsets and other wireless devices, whose mobile expertise and distribution platform is used globally by some of the world's largest media groups and mobile phone networks including Vodafone, and 3 in the UK, America Movil, Movistar & TIM in Latin America, Fido & Rogers in Canada and Dobson in the US. The Company creates, licences and delivers quality content to Mobile Network Operators (MNOs) and consumers in the form of ringtones, graphics, video clips and other products. It has developed relationships with both content owners and MNOs which enable it to act as an intermediary, providing an end-to-end service encompassing a broad range of elements from content licensing to content production, account management and channel management. Mobile Streams began trading on the Alternative Investment Market ('AIM') in London on 15th February 2006 following a successful IPO and £6 million fundraising. The Directors believe that Admission and the proceeds from the Placing will provide the Company with the financial flexibility necessary for it to capitalise on the opportunities available in its markets and enhance the Company's credibility amongst its customers and partners. On 9th January 2006, Mobile Streams entered into a strategic alliance with Liberty Media Corporation, which, through its subsidiary TruePosition Inc, invested £5.4m in return for approximately 22 per cent. of the Existing Ordinary Shares in the Company. The Directors believe that the Company's access to Liberty Media's brands, content and industry relationships will deliver significant commercial benefits and allow Mobile Streams to position itself for the next stage of the evolution of mobile content. Mobile Streams has subsidiaries in the US, Argentina, Brazil, Mexico, Chile and Colombia and has approximately 60 employees. For more information please go to www.mobilestreams.com About Liberty Media Corporation Liberty Media Corporation (NYSE:L, LMC.B) owns a broad range of electronic retailing, media, communications and entertainment businesses and investments. Its businesses include some of the world's most recognized and respected brands and companies, including QVC, Encore, Starz, IAC/InterActiveCorp, Expedia and News Corporation. About TruePosition TruePosition is the world's largest company solely dedicated to the development and implementation of wireless location products, services and devices, providing complete solutions to support the wireless location needs of the global marketplace. TruePosition's heritage lies in the development of advanced location systems, which includes handset, network and hybrid location solutions. In addition to providing industry leading core location technologies, TruePosition supports all levels of the wireless location value chain through its TrueNorthTM MLS (Managed Location Services) offering. TrueNorth MLS provides the broadest base of wireless location technology, services, applications, support and expertise currently available on the market. It dramatically simplifies the value chain, and offers a full range of flexible business models to effectively mitigate operator risk and drive revenue and service activation. TruePosition is a subsidiary of Liberty Media Corporation (NYSE: L, LMC.B). For more information, visit www.trueposition.com Other Board Personnel Simon Buckingham, CEO Prior to founding Mobile Streams in January 1999, Simon worked for Vodafone UK from 1991 in the area of value added services. His responsibilities included setting up and managing the Vodafone Business Partners Programme. Simon has over 14 years experience in the mobile messaging and content arena and holds a first class BCom Commerce with German degree from Birmingham University Jitesh Sodha, CFO Jitesh joined Mobile Streams as CFO in April 2005. He was the founding CFO of T-Motion Plc, a JV between T-Mobile and T-Online, and following the acquisition of T-Motion by T-Mobile in 2002, Jitesh worked in a number of management roles within T-Mobile. He also held management positions at Dell Computers and Cargill Inc. Jitesh has a degree in Philosophy, Politics and Economics from New College, Oxford and is an Associate of the Chartered Institute of Management Accountants. b) Non-executive Directors Roger Parry - Non-Executive Chairman Roger is Chairman of Clear Channel International Ltd. He is also Chairman of Johnston Press plc and non-executive Chairman of Future plc. Previously he was Chief Executive of More Group plc and has been a director of Aegis Group plc, iTouch plc, Jazz FM plc, London Radio plc and WCRS plc. He spent three years with McKinsey, the international consulting firm, and prior to that was a TV and radio journalist with the BBC. He has an MLitt from Jesus College, Oxford and a BSc from Bristol University. Ivan Donn - Non-executive Director Appointed to the Board in 2000, Ivan has extensive experience in the mobile communications industry, having spent more than 19 years working for Vodafone Group, during which he fulfilled various management and directorship roles across Corporate Sales, Business Development, Channel Management, Device Strategy, Product Management and Commercial Partnerships. Since 2004, Ivan has operated as an independent consultant, principally for Research In Motion. Phil Murphy - Non-executive Director Phil joined the Mobile Streams Board as a non-executive director in 2004. Previously he held a variety of senior positions within global companies including: vice president, Warner Music Asia Pacific; senior vice president, Sony Music Europe and senior vice-president Real Networks (worldwide excluding the US). Peter Tomlinson - Non-executive Director Appointed to the Board in 2000, Peter has over 20 years experience in the mobile phone arena, principally with Nokia where he was responsible for setting up the joint venture operations in China and managing the Asia Pacific Distribution process for Nokia Asia Pacific's management board. Peter has also held senior positions with Brightpoint and Motorola Asia Pacific, and is currently employed by GN Netcom, part of the GN Great Nordic group of companies. This information is provided by RNS The company news service from the London Stock Exchange
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