KIWI and TheTreaty.com Complete an LOI to Form an Alliance to Offer Secure High Speed Global Audio and Video Telephone and Multi-User Teleconferencing, Live Broadcast and Audio and Video Email Over KIWI's Handheld Device and Your Desktop Starting Now


FT. LAUDERDALE, Fla., Dec. 10, 2003 (PRIMEZONE) -- Koala International Wireless Inc. ("KIWI") (OTCBB:KIWI), www.kiwimobile.com and a Reno, Nevada based company, The Diversified Fund Holdings, Inc, Master Licensor of the Intellectual and Technology assets of TheTreaty.Com, have executed a Letter of Intent to have KIWI distribute, promote, market and resell the www.thetreaty.com technology and applications for Audio and Video Telephone and multi-user Teleconferencing, Video and Audio Email and the "Treaty's" applicable extensions developed for consumer, retail and enterprise, government and armed forces customers on a global basis. Furthermore KIWI has agreed also to provide TheTreaty.Com with access to its proprietary device technology and develop a series of exclusive and jointly owned applications and compatible peripherals in the area of wireless and remote biometrics. The technologies developed by TheTreaty.Com offer a new "Inner World Internet Presence" breakthrough transmission and Internet Gateway access that is based on open access and is significantly more powerful and dynamic than other Internet Service Providers such as Microsoft.net, (Nasdaq:MSFT), AOL/Time Warner (NYSE:TWX) and Yahoo Inc, (Nasdaq:YHOO)

The new KIWI/TREATY Alliance will offer the following fully deployed video/audio/graphics and text applications:

ComZone(c) White Label Voice Over Internet Protocol, Audio-Video Phone, Public Chat Privacy Chat, Whiteboard, Forum, Audio Conference, Audio-Video E-Mail, Live Audio-Video Auction Block and Bidder's Application, Audio-Video Tele-Conferencing, Audio-Video Greeting Cards, Live Audio-Video Broadcasting, Full Administration and Registration Capabilities, 30-60 second Live or Archived Commercials, 30-90 minute Live or Archived Infomercials, Live or Archived Shareholder Meetings, Live or Archived Audio-Video Television, Radio and Movie Productions, Remote Biometric Validation, Verification and Authentication, Audio-Video Face-to-Face Business Applications, Audio-Video Virtual Classrooms, Full Educational Training Administration and Registration Capabilities, Live or Archived Courses and Classrooms, Distance Learning Platforms Real Estate Classes, Global Remote Data, Video and Voice File Archiving and Storage System, Safe, Secure and a Private Intranet Service Suite.

The public is invited to have a complimentary Bronze Membership sponsored by KIWI. Your complimentary Bronze Membership will enable you to view KIWI's NEW LIVE AUDIO-VIDEO EMAIL, VIDEO PHONE, VIDEO MULTI-USER CONFERENCING by signing up through www.kiwi.thetreaty.com. SEEING IS BELIEVING . . . THE FUTURE IS HERE TODAY.

The mission of the Kiwi-Treaty Alliance is to provide every man, woman and child with a complimentary, safe, secure and private "Bronze" Mobile Web Presence that comprises eight years and several millions of dollars of Research and Development resulting in hundreds of applications, functions, features and tools that do not require technical knowledge or know-how to utilize. Click below to view the KIWI-TREATY broadcast.

http://www.thetreaty.com/broadcast_receive.cfm?id=44&loc_iid=13154!

KIWI is perfecting an International Mobile Virtual Network Operator (IMVNO) platform to allow the delivery of voice, video, audio, data and Short Messaging over multiple networks. Concurrent with the IMVNO development, KIWI is pursuing the development of applicable devices to serve the network subscribers. The IMVNO infrastructure of KIWI is designed to offer infinite applications over multiple protocols safely, securely and on demand.

This material includes forward-looking statements based on management's current reasonable business expectations. In this document, the words "can," "anticipates," and similar expressions identify certain forward-looking statements. These statements are made in reliance on the Private Securities Litigation Reform Act, Section 27A of the Securities act of 1933, as amended. There are numerous risks and uncertainties that could result in actual results differing materially from expected outcomes. The material should be read in conjunction with the Company's current annual and quarterly reports filed with the SEC, which contain discussions of currently known factors that could significantly impact the Company's future expectations.


            

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