Adamind Signs Agreement

Adamind Ltd 18 December 2006 ADAMIND SIGNS AGREEMENT WITH ONE OF THE LEADING EUROPEAN PROVIDERS OF DIGITAL CONTENT & SERVICES Adamind's Spire(TM) Platform to provide content adaptation for new service offering Palo Alto, California. 18 December, 2006: Adamind (LSE: ADA) ("Adamind" or the "Company"), a global supplier of software that enables mobile multimedia content services to be experienced over any device or network, announces a new contract with one of the leading European providers of digital content and services. The contract will generate initial revenues of $200,000 for Adamind. The company anticipates additional revenue from this customer in 2007. Adamind's Spire(TM) platform will be used to adapt and optimize mainly video content, when either uploading or downloading content to and from the web, to best fit any mobile network or device, ensuring the best possible overall user entertainment experience. The provision of video content is an initial offering of a new service that will be launched by the provider. Enquiries: Adamind Shailendra Jain, CEO + 1-801-2319076 Gideon Marks, CFO Corfin Communications Neil Thapar, Harry Chathli +44 20 7929 8989 About Adamind Adamind (LSE: ADA) is a provider of software that enables mobile multimedia content and converged communications services. The company addresses the interoperability challenge that exists between different mobile devices to receive and process media rich content. The Adamind Spire(TM) platform provides media adaptation and enhancement software enabling service operators to successfully deploy messaging, content and next generation convergence services; generate new revenue streams; and drive key new value-added-services (VAS) enablers such as advertising, branding, DRM and anti-abuse support. Adamind has over 100 deployments in some of the world's major mobile operator networks and content providers such as Universal Mobile Music and has strategic relationships with major infrastructure vendors and system integrators including Ericsson, HP, IBM, Accenture, LogicaCMG, Motorola, Openwave, Critical Path and CBOSS. www.adamind.com This information is provided by RNS The company news service from the London Stock Exchange

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