Statement re Offer

3 Oct 2006 07:01

Adamind Ltd03 October 2006 3 October 2006 Adamind Ltd ("Adamind" or the "Company") Statement Regarding Unsolicited Offer Adamind announces that it has received an unsolicited cash offer from a third party to acquire the entire issued and outstanding share capital of the Company.The Board is examining this offer and is also considering alternative proposalswith a view to maximising shareholder value. The offer is subject to various conditions and there is no certainty that theoffer will result in a transaction. A further announcement will be made in duecourse. Enquiries AdamindOrna Berry, Executive Chairperson +972 9 971 9111 Corfin CommunicationsNeil Thapar, Harry Chathli +44 20 7929 8989 About Adamind Adamind (LSE: ADA) is a provider of software that enables mobile multimediacontent and converged communications services. The company addresses theinteroperability challenge that exists between different mobile devices toreceive and process media rich content. The Adamind Spire(TM) platform providesmedia adaptation and enhancement software enabling service operators tosuccessfully 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. With over110 deployments in some of the world's major mobile operator networks andcontent providers such as Universal Mobile Music, Adamind is strategicallypoised to enable the promise of the Mobile Lifestyle revolution. Adamind hasstrategic relationships with major infrastructure vendors and system integratorsincluding Ericsson, HP, IBM, Accenture, LogicaCMG, Motorola, Openwave, CriticalPath and CBOSS. www.adamind.com This information is provided by RNS The company news service from the London Stock Exchange