Feedtext Makes Localized Moblabber Plans with Axis Global Interactive

Dec. 22, 2006 – SAN FRANCISCO, CA. December 22, 2006 – San Francisco-based Feedtext Inc. (http://www.feedtext.com) signs a deal with a local content prodiver, Axis Global Interactive, making it possible to bring a localized Moblabber (http://www.moblabber.com) to the country’s online social network scene.

Moblabber Philippines, like its US counterpart, is designed to be a fun and useful social networking service geared for both web and mobile phone interaction, enabling a multi-person SMS activity. The application will be made available to the Philippine market.

“The Philippines has been one of the major players in the Apac market in this particular industry,” Feedtext Inc. Founder, Vince T. Yamat explains. “When the company was presented with the opportunity to offer Moblabber to the country, it didn’t take us too long to decide to give it a go.”

Feedtext believes that entering into this agreement with Axis Global Interactive will work for the product’s lifespan and spur its growth on. Moblabber is an application that the Philippine market will find useful since it touches a core need and it has distinct features that will entertain the market. The company is also discussing the possibility of developing connections with other markets.

The local version is set to launch before the year ends.

Feedtext Inc. is a web and mobile entertainment company that develops consumer and business applications for media companies and wireless carriers in North America. The company also offers other services such as chat, community applications, interactive TV applications and mobile entertainment storefronts.

Axis Global Interactive, a subsidiary of Axis Global Technologies, is an “ideas” company aimed at providing consumers and companies with new and exciting mobile entertainment content in the Philippine market. The company has its own wap portal – WAPPY featuring a wide collection of mobile contents such as wallpapers, themes, screensavers, logos, picture messages, ringtones and games cater to the needs and desires of mobile subscribers.

For more information on the product, please visit the website at www.moblabber.com or call +1 415.839.0091.

— End —