724 Solutions demonstrates interoperability with Nokia on Multimedia Messaging Service

Business Wire, Jan 30, 2003

Business Editors and High-Tech Writers

TORONTO--(BUSINESS WIRE)--Jan. 30, 2003

724 Solutions X-treme Gateways along with Nokia MMS solution will

deliver a superior customer experience with open, standards-based

multimedia solution

724 Solutions (Nasdaq:SVNX) (TSX:SVN), a leading provider of next-generation IP-based network and data services, announced today that the company has demonstrated interoperability between 724 Solutions X-treme Pull Gateway and X-treme Push Proxy Gateway and Nokia's MMS (Multimedia Messaging Service) solution.

The objective of this standards-based interoperability demonstration was to show that 724 Solutions X-treme Pull Gateway and X-treme Push Proxy Gateway products can work together with Nokia MMS solution.

724 Solutions X-treme Gateways provide a flexible, carrier grade infrastructure for advanced messaging. When integrated with Nokia MMS solution, the combination will provide a flexible infrastructure that will enable the rich content and personalized interactions to and from mobile devices.

"As mobile network operators expand their next-generation data networks, the need for high reliability and extreme flexibility is paramount," said John Sims, chief executive officer, 724 Solutions. "Interoperability with vendors like Nokia demonstrates 724 Solutions commitment to providing open technologies that conform to industry standards and drive adoption by creating an environment of broad choices for consumers."

"Nokia is firmly committed to open standards and multi-vendor interoperability," said Petteri Putkiranta, Nokia Mobile Software. "Open standards and true interoperability between vendors and across networks are key to creating the business foundation for rapid adoption and increased use of advanced mobile services, such as multimedia messaging."

724 Solutions provides scalable, reliable and high performance data gateways that power mobile data networks. The X-treme Pull Gateway is designed for high-volume environments with flexible and open standards, fully WAP-compliant and high fault tolerance. The X-treme Push Proxy Gateway fully supports SMS (Short Message Service) and MMS.

The Nokia MMS solution is a complete end-to-end solution enabling person-to-person mobile multimedia messaging from terminal to terminal, terminal to email, email to terminal, as well as content access between applications and terminals. The Nokia MMS solution provides operators with the tools to deliver a wide range of new and innovative messaging services and gives mobile subscribers with MMS phones the ability to send and receive text, images, graphics and audio blended into a single rich message.

About 724 Solutions Inc.

724 Solutions Inc. (Nasdaq:SVNX) (TSX:SVN) delivers reliable, scalable technology and solutions that allow mobile network operators to rapidly deploy flexible and open next generation IP-based network and data services. Additionally, the company provides a series of actionable alerting solutions to financial institutions to assist them in increasing revenue, lowering operating costs and improving customer satisfaction and retention. 724 Solutions is a global company with development operations in North America, Switzerland and Germany, with headquarters in Toronto, Canada. For more information, visit www.724.com.