OZ CEO & FOUNDER SKULI MOGENSEN TO SPEAK AT LEHMAN BROTHERS WIRELESS & WIRELINE CONFERENCE

Montreal, Canada - May 29, 2006 - OZ, the leading consumer mobile messaging solution provider, announced today that Skuli Mogensen, CEO and Founder of OZ, will be speaking at the Lehman Brothers Worldwide Wireless and Wireline Conference on Friday June 1, 2007 at 10:45am at the Crowne Plaza Times Square in New York City.

Skuli Mogensen will participate on a panel entitled, "Mobile Applications and Content" to discuss the mobile messaging space and will provide a consumer messaging perspective. Joining Skuli Mogensen on this panel are senior executives from Packet Video Corporation, Tira Wireless and DiBcom.

SESSION: Mobile Applications and Content
DATE: Friday June 1, 2007
TIME: 10:45am - 11:45am

"The mobile messaging industry is constantly evolving, and mobile operators are capitalizing on the consumers need to always be connected by monetizing and personalizing services," said Skuli Mogensen, CEO & Founder of OZ. "As mobile operators continue to capitalize on the consumer mobile messaging phenomenon, they are also becoming aware of the challenges that exist and often look to vendors to provide guidance. I am looking forward to contributing my insight about the consumer mobile messaging space."

The webcast of this panel discussion can be found at the following link:
http://cc.talkpoint.com/LEHM002/053007a_jw/default.asp?entity=MobileApp . The webcast will be archived for 90 days.

About OZ

OZ empowers consumers to stay connected with the most popular messaging solutions - IM, Email and Social Networking - on their mobile phones. Working with the leading mobile operators, handset manufacturers, portals and online communities, 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, Telefònica Mòviles España, Telenor Group, Telus Mobility, T-Mobile USA®, Virgin Mobile USA and Yahoo! ®. OZ is a privately held company headquartered in Montreal, Canada, with regional offices in the United States, Europe and India. 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

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