OZ TO PRESENT AT CTIA WIRELESS IT & ENTERTAINMENT CONFERENCE

Montreal, Canada and San Francisco, CA - October 25, 2004 - OZ, the leading developer of standards-based mobile instant messaging (IM) solutions, today announced that Skuli Mogensen, Founder and CEO of OZ, will present at the CTIA Wireless IT & Entertainment conference on Tuesday October 26, 2004 from 3:00pm to 4:30pm PST at the Moscone West Convention Center in San Francisco. Mr. Mogensen will be presenting on a panel where the topic of discussion is entitled: Evolving Towards a Rich Messaging Environment.

Instant messaging (IM) is one of the most popular methods of communicating today. Every day IM users send billions of PC-to-PC instant messages between themselves. All of this messaging traffic is however generating little or no revenues, as IM usage is mostly limited to the PC world where no billing models for consumer IM services exist. Mobile operators, on the other hand, charge subscribers for mobile messaging services such as SMS and MMS, as well as for Internet connectivity on their mobile phones. By mobilizing existing IM services, mobile operators are therefore in a position to offer subscribers mobile access to an already established communications phenomenon while also generating, for the first time, real revenues from the usage of IM services.

Mr. Mogensen’s discussion will demonstrate the significance of standards, review the benefits of embedded clients, and discuss how, for the first time, mobile operators and IM providers, are leveraging mobile IM standardization to create real revenue.

Mobile IM usage continues to grow in the North America due to the availability of standards-based IM enabled phones. Many believe that mobile IM is on track to surpass SMS in 2-5 years. Mr. Mogensen will explain the value of mobile IM, talk about the key players, and review how mobile operators/carriers can implement mobile IM as a core service offering.

About OZ

OZ is leading the development of standards-based mobile instant messaging (IM) solutions that enable mobile operators and IM providers to bring instant messaging services to operators’ subscribers. Furthermore, OZ works closely with leading handset manufacturers to provide users with a rich and fully integrated IM experience on mobile devices. Visionary companies such as AOL™, Cingular, Microsoft®, Nokia, Siemens, SonyEricsson, T-Mobile USA, and Yahoo! ®, have partnered with OZ to empower people with a seamless, always-on mobile IM experience. OZ is a privately held company headquartered in Montreal, Canada. The Company also has regional offices in the US and Europe. For more information, visit the OZ website at www.oz.com.

For more information please contact:

Beverly Wilks
Director, Corporate Marketing & Communications
Tel: 1.514.390.2906
Mobile: 1.514.887.2252

OZ Communications and the OZ logo are trademarks of OZ Communications Inc. All other trademarks are the properties of their respective owners.