Directorate Change

Mobile Streams plc 17 April 2007 Mobile Streams Plc - Change of Directors Mobile Streams Plc ('Mobile Streams' or 'the Company') announces today the appointment of James Colquhoun as Finance Director, with effect from the Company's AGM on 21 May 2007. James will be replacing Jitesh Sodha who is leaving Mobile Streams to join a private equity business. James Colquhoun is a qualified Chartered Accountant of England and Wales, who joined Mobile Streams in June 2006 as Group Financial Controller. Prior to joining Mobile Streams, James was European Financial Controller at Cinram International Inc, the largest producer of pre-recorded multi-media and related logistic services. Jitesh will be joining Aloe private equity, which specialises in environmental investments, to lead the growth of one of their investments. Roger Parry, Chairman, said 'I would like to congratulate James on his appointment. He has done an excellent job for Mobile Streams over the past 10 months and has a detailed understanding of the business. He has worked closely with Jitesh and they will continue to work closely on a smooth transition up to the forthcoming AGM. On behalf of the whole Board I want to thank Jitesh for the huge contribution he has made in establishing and building Mobile Streams over the past 2 years and wish him luck with his new opportunity. ' Jitesh Sodha, CFO, said 'I have thoroughly enjoyed my time at Mobile Streams and take great satisfaction in the company's performance. I am sad to leave a growing company with good management and a lot of potential, but I look forward to following Mobile Streams' success from the perspective of a shareholder'. Simon Buckingham, CEO of Mobile Streams added: 'I would like to thank Jitesh personally and on behalf of all the staff for his accomplishments at Mobile Streams. In two years, Jitesh developed the accounting function within the company and managed the IPO process. He leaves the company with a solid global finance team that can scale as the company grows. I am delighted that James has agreed to move up from Group Financial Controller to Finance Director and look forward to his contribution as we seek to increase the operational analytics and metrics we use to maximize returns from the retailing of mobile content.' James Arthur Colquhoun, 31, has held the following company directorships in the past five years: Mobile Streams Asia Limited (retired). 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, 'Vuesia,' 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. 'Vuesia' is Mobile Streams' full service enterprise mobile media management solution. 'Vuesia' facilitates content ingestion, management, delivery, billing and reporting. The Company creates, licenses 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 has subsidiaries in Germany, the US, Argentina, Brazil, Mexico, Chile, Colombia, Australia and Hong Kong and has approximately 100 employees. For more information please go to www.mobilestreams.com. Enquiries: Mobile Streams Roger Parry, Chairman Simon Buckingham, Chief Executive Officer Simonb@mobilestreams.com Jitesh Sodha, Chief Financial Officer Tel: 0207 395 2002 jiteshs@mobilestreams.com This information is provided by RNS The company news service from the London Stock Exchange
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