GBP7.5m share placing

Velti PLC
25 October 2007



FOR IMMEDIATE RELEASE                                            25 October 2007



                                   Velti plc


                               PLACING OF SHARES

Velti plc ('Velti' or 'the Company'; LSE-AIM: VEL), a leading provider of mobile
platforms, applications and services for advertising agencies, media and mobile
operators, has raised approximately £7.5 million (€10.7 million) before
expenses, via a placing of 3,580,000 new ordinary shares of 5 pence each, at a
price of 210p per share, to institutional investors in the UK, Europe and North
America.

Since coming to the AIM market in May 2006 Velti has experienced robust growth.
For the six months ended 30 June 2007, revenues increased by 83 per cent to
€7.41 million (2006: €4.04 million) and profit before tax by 63 per cent to
€1.16 million (2006: €0.71 million). The key drivers of this positive
performance were successful repeat business from major customers and demand from
new customers, as well as the extended geographical footprint of the company.

In July 2007, the Company announced the creation of Ansible, a joint venture
with Interpublic Group to enable brands, agencies and content providers to
develop and deploy mobile advertising and marketing solutions on a global scale.
Since starting operations and with numerous proposals submitted to potential
clients, the Board is very encouraged by the early response to Ansible,
confirming the Board's belief in the substantial future of the business.

Velti anticipates using the proceeds of the placing to accelerate the
development of Ansible, grow its business with mobile operators in mobile
marketing and advertising, further enhance its products and operating
infrastructure, and fund working capital needs stemming from rapid growth.
Additional development will be primarily around Velti's market-leading mobile
marketing and advertising offering, in the areas of mobile user-generated
content and social networks. Velti will also strengthen its operating
capabilities and infrastructure which includes increasing the capacity of its
operator-grade data centres.

Velti plans to expand its sales force to provide mobile marketing and
advertising platforms to operators in Western Europe, North America and Asia, as
well as to expand its indirect sales channels through relationships with major
systems integrators. Over the next six months, the company will be expanding its
London offices and will be opening new ones in San Francisco, Dubai and Beijing.

Alexandros Moukas, Velti's Chief Executive said: 'We are delighted with the
positive response to the placing we have received from both new and existing
shareholders and will use the funds raised to continue our strong and profitable
growth.'

Application has been made for the new ordinary shares to be admitted to trading
on AIM and dealings are expected to commence on 26 October 2007. Following the
placing, there will be a total of 32,774,138 ordinary shares of 5 pence each in
issue.

                                      Ends

CONTACTS

Velti:
Alexandros Moukas, Chief Executive Officer                  [phone]
                                                                          
Pantelis Papageorgiou, Director of Finance

Bankside:                                                   [phone]
                                                                          
Simon Bloomfield or Steve Liebmann

RBC Capital Markets:                                        [phone]
                                                                          
Sarah Wharry

About Velti

Founded in 2000, Velti is a leading mobile platforms and services provider that
enables mobile advertising, marketing and mobile content. With offices in
London, New York, Boston, Athens and Sofia, Velti is already serving customers
in 12 countries including leading mobile network operators, advertising agencies
and media groups. Velti, which currently employs more than 220 people, 150 of
whom are software engineers, is a publicly traded company listed on the London
Stock Exchange (AIM) with sustainable growth in revenues and profits.






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