WILMINGTON, Del., Aug. 5, 2005 (PRIMEZONE) -- m-Wise, Inc. (OTCBB:MWIS), a leading technology provider of mobile content solutions for operators, ASPs, and content providers, announced today it has been made aware of an email spam campaign using the Company's name and information. Information being spammed to investors about the Company has not been authorized by m-Wise and the Company cannot confirm or deny its accuracy.
m-Wise would like to remind investors that the only information to be relied upon is information directly released by the Company or contained in its public filings with the SEC. The Company's filings may be viewed at http://www.sec.gov, stock symbol: MWIS.
CEO Mati Broudo of m-Wise, Inc. said, "The Company is committed to enhancing shareholder value through non-invasive and traditional means of communications with the Street and media. There are substantial opportunities for growth for us, and we still believe that the current share price reflects undervaluation of the Company. We will continue to communicate our progress through appropriate channels and at appropriate times. We do not endorse aggressive tactics to share our story with the investment community."
About m-Wise, Inc.
Founded in February 2000, m-Wise has rapidly established itself as a leading technology provider with the de facto service delivery platform and related value-added data engines for mobile operators, wireless ASPs, and large content and media providers.
Working closely with leading operators, ASPs, and content providers, m-Wise is committed to taking the lead and keeping up to date with the latest industry headway in areas as diverse as content management and delivery, infotainment, mobile gaming, and mobile community services. For more information, please visit www.m-wise.com.
Safe-Harbor Statement
This press release contains "forward-looking statements." These forward-looking statements use words such as "believes," "intends," "expects," "may," "will," "should," "plan," "projected," "contemplates," "anticipates," or similar statements. These statements are based on our beliefs, as well as assumptions that we have used based upon information currently available to us. Because these statements reflect our current views concerning future events, these statements involve risks, uncertainties, and assumptions. Actual future results may differ significantly from the results discussed in the forward-looking statements. A reader, whether investing in our common stock or not, should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release.