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MobilEyes and TrustLink join forces

STOCKHOLM, April 4, 2006 - TrustLink and MobilEyes, the vendors of advanced Symbian OS applications and providers of Symbian related development services, today announced that they will join forces by merging the two companies.

It started out in 2003 when the companies entered a Partner of Excellence agreement to meet a wider set of customer needs and have a significantly greater opportunity to grow on the market selling Symbian OS development services. The partnership has been a success ever since and was strengthened in 2004 when the companies decided to start a join venture in the US market.

By merging the companies, TrustLink and MobilEyes take the next step to become the preferred Symbian OS software development service company on the market. The transaction, where MobilEyes with an undisclosed cash payment acquires all outstanding shares of TrustLink ZAO and becomes the sole owner of TrustLinkMobilEyes Inc., is subject to shareholders’ approval.

TrustLink
“We know this is the right thing to do. Our partnership has been a success from the start and we see a growing demand of our services. Together with MobilEyes we can meet these demands. Becoming one entity makes the management stronger and our offer to the clients even clearer,” says Mats Bergström, CEO TrustLink .

MobilEyes
"TrustLink has during the years shown their capacity of providing very skilled and qualified developers from the Moscow office to our Symbian projects. Add our experience and background as Symbian experts and you get a combination with high efficiency. Another key to success is that this merge is driven as a request from our clients and as everybody knows, the customer is always right,” says Johan Carlsson, CEO MobilEyes .

About TrustLink

TrustLink delivers wireless business applications and supplies phone manufacturers with a broad variety of software since 1999. TrustLink's wireless software expertise covers cross platform architecture design and development, real time streaming (RTSP, RTP/RTCP), and multimedia applications (SMIL 2.0 and MPEG4). TrustLink is a Symbian Platinum Partner and an active supplier to the Symbian Ecosystem. TrustLink is a co-founder of Promyzer, the vendor of mobile real-time financial market trading applications.

TrustLink

About MobilEyes

MobilEyes AB is a pure Symbian OS competence company based in Stockholm, Sweden. MobilEyes was founded in the beginning of 1999 and has since then provided consultancy and training services within the Symbian community. With deep knowledge of Symbian software architecture and experienced developer teams MobilEyes has a unique position of delivering Symbian projects with success. MobilEyes also develop and sell products in the mobile device market.

MobilEyes

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