HillCast Technologies and Comtex News Network Announce Plan to Co-Promote the Availability of Real-Time News on Mobile Devices

HillCast Technologies (www.hillcast.com), the leading developer of mobile financial applications, announced today a joint initiative with Comtex News Network, Inc. to co-promote the availability of real-time news on mobile devices.

The agreement calls for Comtex, a leading wholesaler of real-time news and content for the world's major financial and business information distributors, to co-promote the sale of MidCast PRO, HillCast's high-end, award-winning application that delivers desktop-like trading tools to mobile devices, such as the BlackBerry, Palm Treo and the PocketPC.

Customers who sign a one-year service agreement for MidCast PRO will receive free Comtex News for a year. In addition, the first 100 customers that sign a one-year agreement from this promotion will receive a 13th month of MidCast PRO for free.

"MidCast PRO is an excellent tool for the serious trader," said Chip Brian, the newly named President and COO of Comtex. "MidCast Pro is a fast, stable application that delivers timely market data to mobile devices. We have been a partner of HillCast for years and this announcement today is a natural evolution of that relationship."

Gary D. Markin, who was recently named CEO of HillCast, said Comtex, "is a staple for traders and institutions that rely on the timely delivery of news and other market information. We're proud of our relationship with Comtex and look forward to pursuing the current initiative."

About Comtex

Comtex (www.comtex.com) provides real-time news, SmarTrend(SM) Alerts and economically useful information to businesses whose customers need more than just facts. Comtex customers receive select content from key sources which is further enhanced with stock tickers and an extended lexicon of relevant terms. With a specialization in the financial news and content marketplace, Comtex receives, enhances, combines and filters news and content received from national and international news bureaus, agencies and publications, and distributes more than one million total stories per day. Comtex's state-of-the-art technology delivers this relevant content and reliable service in real-time. Comtex has offices in New York City and Alexandria, Virginia.

SmarTrend(SM) and CSTA(SM) are service marks of Comtex News Network, Inc.

About HillCast

HillCast Technologies, Inc. is the leader in providing dynamic and time-sensitive information to mobile devices. Founded in July of 2000 HillCast is marketing its patent pending mobile technology to the financial sector -- both individuals and financial institutions -- where pervasive access to such timely information is the foundation for success. For more information, please visit www.hillcast.com.

The names of actual companies, products and quotations mentioned herein may be the trademarks of their respective owners.

The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited.

For further information, media should contact: Holt Hackney HillCast Technologies (512) 474-4644, Ext. 1850 Email Contact