OZ HONOURED WITH "COMPANY TO WATCH" DESIGNATION FROM DELOITTE

OZ is recognized for innovation, expertise and leadership in the wireless industry

Montreal, Canada - September 21, 2006 - OZ, the leading consumer mobile messaging solution provider, today announced it has received the "Deloitte Fast 50 Company to Watch" award for outstanding technology achievement in the wireless industry. The award recognizes young companies that show superior performance and potential in their field. It is based on a range of measures including competitive advantage, market attractiveness, proprietary technology, organizational effectiveness and a financial assessment of the strength of the balance sheet.

"We are honored to be recognized as a 2006 Fast 50 Company to Watch winner," said Skuli Mogensen, CEO and Founder of OZ. "We are dedicated to empowering the mass market to stay connected while they are on the go with mobile solutions that are easy to use. We have had tremendous success over the past few years and I would like to thank the OZ employees for their role in bringing to the masses the award winning OZ technology; which has resulted in customer wins from many of the world's leading mobile operators."

OZ mobile messaging solutions enable consumers to extend the most popular instant messaging (IM) and email services from AOL®, MSN® and Yahoo!®, as well as operator branded solutions, from the desktop computer to the mobile phone. OZ works with the world's leading mobile operators/carriers and handset manufactures to deliver mobile messaging to the masses with convenience and ease. OZ solutions can be found on over 50 million devices around the world, which translates into hundred of millions of messages that are generating additional revenue for mobile operators each and every day.

"Making Deloitte's Technology Fast 50 Company to Watch list is a testament to a company's vision that has resulted in exceptional growth over five years. OZ's leadership team has the right stuff for growth, and Deloitte salutes their accomplishments", said John Ruffolo, National Leader, Technology Media & Telecommunications, Deloitte.

About OZ

OZ empowers consumers to stay connected with mobile IM and email solutions that provide users with an affordable, easy, seamless and always-on mobile messaging experience. Working with the leading mobile operators, portals/ISPs and handset manufacturers, OZ delivers innovative and standards-based solutions that provide rich and fully integrated messaging experiences on millions of mobile devices.

Leading companies that are Powered by OZ™ include: 3 Scandinavia, Alltel, AOL, Bell Mobility, Boost Mobile, Bouygues Telecom, Cingular, Dobson, KPN, Microsoft, Motorola, Nokia, Pantech & Curitel, Samsung, Siemens, SonyEricsson, Sprint, TCL & Alcatel Mobile Phones, Telefónica Móviles España, Telus Mobility, T-Mobile USA® and Virgin Mobile USA. OZ is a privately held company headquartered in Montreal, Canada, with regional offices in the US, Europe and Asia. For more information, visit the OZ website at www.oz.com.

About Deloitte

Deloitte, one of Canada's leading professional service firms, provides audit, tax, consulting and financial advisory services through more then 6,200 people in 50 offices. Deloitte operates in Québec as Samson Bélair /Deloitte & Touche s.e.n.c.r.l. The firm is dedicated to helping its clients and its people excel. Deloitte is the Canadian member of Deloitte Touche Tohmatsu.

For more information please contact:

Beverly Wilks
Director, Corporate Marketing & Communications
Tel: +1 514 390.2906

Copyright © 2006 OZ Communications, Inc. All Rights Reserved. The OZ logo and Powered by OZ are trademarks of OZ Communications Inc. All other trademarks are the properties of their respective owners.