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Volas Entertainment and Lancio Entertainment Launch Off-Deck Mobile Portals on Telecom Italia Mobile
Volas to supply its full Off-Deck solution along with Lancio's rich content portfolio, which will provide TIM's 35 million subscribers a vast array of premium value added services

Herzliyya, Israel, February 7, 2008: Volas Entertainment Ltd, part of the Logia Group and a value added managed mobile services provider, signs development deal with Lancio Entertainment, part of the Lancio group, an Italian publishing company founded in 1934 and leading mobile content and service provider, to launch its mobile content portfolio on Telecom Italia Mobile's Off-Deck portal. The services will allow TIM's 35 million mobile subscribers to access the portals using any 2.5G or 3G device on their network.

This is amongst the first off-deck portals to be launched in Italy, which can be accessed by all of TIM customers. The portal can be accessed by browsing through TIM's on-deck portal, directly to the mobile site www.lanciomobile.mobi using the carrier's mobile internet connection or by activating the services via SMS through a short code number. Using Volas' full Off-Deck solution Lancio will provide TIM with editorial services and premium content such as mobile soap operas, games, videos, wallpapers, Tarot card services, horoscopes and much more.

"We are very excited about this new opportunity to grow into TIM, one of Europe's largest operators", commented Doron Cohen, CEO & Founder of Volas. "We believe that Volas' leading experience in securely delivering digital content and Lancio's local presence and proven media experience will allow us to continue to enhance the businesses of our customers. I am convinced that following this deal, Volas & Lancio will continue to thrive and grow locally in Italy while also expanding into additional European markets."

"We are delighted to work with Volas to provide TIM with our premium content portfolio, along side Vodafone", added Arturo Mercurio, CEO & Founder of Lancio Entertainment. "We recognize the very big opportunity of working with TIM's enormous customer base and offering our value added services to 35 million subscribers as well as years of knowledge and expertise in the media markets"

You can meet Volas' at the upcoming Mobile World Congress in Barcelona. Their booth (#7A38) can be found in Hall 7 along with Logia Mobile.

About Lancio Entertainment
Lancio-Entertainment is a mobile content and service provider founded in 2002. It is part of the Lancio group, an Italian publishing company founded in 1934 which publishes magazines in Italy and worldwide. To name a few of its successful publications, Kiss, Kolossal Charme, Sogno, Lancio Comix, Playboy Italian edition, and more.

Lancio Entertainment creates and owns the rights for a variety of premium content including, Erotic, Mobile Soap Operas/Telenovela, Comics, Jokes, Cartoons, Tarots, Fitness, Motors, Horoscope, Ringtones/Truetones, Wallpapers and Screensavers. All of Lancio Entertainment's, contents are adapted for the mobile world: image size, color depth, MMS, WAP sites, I-mode sites, video and audio.

Lancio-E is currently providing its content and services to mobile operators internationally. For more information, please visit: www.lanciomobile.it.

About Volas Entertainment Ltd.:
Volas Entertainment, part of the Logia Group of companies, is a wireless application service provider (WASP) providing mobile video solutions as well as an end-to-end solution for On & Off Deck portals including content aggregation, value-added managed services, mobile billing and transcoding for content providers, handset distributors and manufactures, mobile portals and wireless operators. Volas is an authorized reseller and dealer of Emblaze and Adamind technology and combines best-in-breed products and services with affordable pricing to unleash content to the wireless world.

Volas' proven products and attentive service attract clients like Lancio Entertainment, Vodafone, Optimus Telecom, Accenture, Smart Devices and now TIM in Italy.

Founded in 2004, Volas Entertainment is located in Ra'anana, Israel, and has a growing customer base in Europe, North America and the Middle East. For more information, please visit: www.VolasEnt.com

About Logia Group
Logia Group is comprised of companies that share a synergistic vision for the convergence of Internet and mobile media. The group is founding and investing in companies that provide added value to its core business in these markets. Logia Mobile, a global service provider and expert marketer of end to end mobile solutions; Volas Entertainment, providing mobile video solutions and value added managed services for operators and content providers; Streetunes, direct to consumer mobile services in the US and Europe; TheCellFreak, free mobile content portal; Logia India, distributing mobile content for India & the rest of far east market; 8Hands, a unified social networking client for mobile devices and PCs, which aggregates the social networking experience from various networks; YouLicense, an online music licensing marketplace, bringing together artists and music lovers; Media Layers, the pioneer in real time personalized video and rich-media mobile advertising.

Logia Group, established in 2004, is a privately held company led by a group of Internet, media and technology veterans and has operations in Europe, North America Asia Pacific and the Middle East. For more information please visit: www.logiamobile.com

Enquiries:
NCSM Strategic Marketing
Viktoria Dolburd, Director, European Division
+ 972 2 5637527

Volas Entertainment
Doron Cohen, CEO
+ 972 545 224017

Lancio Entertainment
Arturo Mercurio, CEO
+ 39 (06) 3350644