Mobile Streams Regulatory News (MOS)

15 Feb 2006 08:00

Mobile Streams plc15 February 2006 15 February 2006Embargoed for release at 8.00am on 15 February 2006 Mobile Streams plc FIRST DAY OF DEALINGS ON AIM The Board of Mobile Streams plc ("Mobile Streams" or "the Company"), a providerof media entertainment services to mobile devices, announces that the Company'sshares have today been admitted to trading on the AIM market ("AIM"). TheCompany's ticker is "MOS". 6,896,551 new ordinary shares have been allocated to institutional investors at a price of 87 pence per share (the "Placing Price"), raising approximately £6 million for the Company before expenses. In addition, certain of the existing shareholders in Mobile Streams have sold 1,076,250 shares in the placing. On admission to AIM a total of 32,253,855 ordinary shares were in issuecapitalising the Company at approximately £28 million at the Placing Price. Bridgewell is the Company's nominated adviser and broker. Enquiries: Mobile StreamsSimon Buckingham, CEO / Jitesh Sodha, CFO 07000 366366 BridgewellJohn Craven / Simon Bridges / David Sanders 020 7003 3000 Brunswick GroupTim Burt / Fiona Laffan / Laura Cummings 020 7404 5959 NOTES TO EDITORS Company Overview Mobile Streams is a leading provider of music, comedy, sport and entertainmentcontent to handsets and other wireless devices, whose mobile expertise anddistribution platform is used globally by some of the world's largest mediagroups and mobile phone networks including Vodafone, and 3 in the UK, AmericaMovil, Movistar & TIM in Latin America, Fido & Rogers in Canada and Dobson inthe US. Mobile Streams' dedicated in-house team is expert in the creation, design andlicensing of premium content and supplies a continuous flow of new, innovativeservices and concepts to the mobile market. Many of these are accessible byvisiting www.Ringtones.com, www.MobileGaming.com or www.Mobilebackgrounds.com. Musia is a next generation platform for next generation content, owned anddeveloped from scratch by Mobile Streams. Its CRM capability allows local teamsto access and respond to consumers' content preferences, while also enablingglobal economies of scale and scope. Mobile Streams has subsidiaries in the US, Argentina, Brazil, Mexico, Chile andColombia and has approximately 60 employees. For more information please go to www.mobilestreams.com This information is provided by RNS The company news service from the London Stock Exchange