net mobile AG and Dadango Team up to Expand into the US Market Place

The stock market listed net mobile AG (ISIN: DE0008137852, stock exchange symbol:N1M), Germany's leading provider of mobile entertainment services, and Dadango, a leading international mobile content marketing, publishing and distribution company, signed an extensive franchise agreement for the innovative `net-m maxmedia' distribution platform in the US market.

Dadango, based in Sunnyvale, California with international branch offices in China and Taiwan, is one of the most important mobile content aggregators in the US. Furthermore, Dadango is partnering with mobile operators (carriers) and content providers for marketing and distribution around the world.

This agreement with Dadango gives net mobile AG immediate access to important customers of the network operators and media environments across the US. This new partnership has considerable revenue growth potential for net mobile AG.

With the expansion of the franchise business by Dadango in the US market, net mobile AG reaches with a short time - after the already announced partnership with 8 Elements Ltd. from Hong Kong in July 2007- another strategic milestone for its core business and internationalisation strategy.

Mike Duffy, CEO of Dadango, is extremely excited about the cooperation with net mobile AG: "This strategic relationship with net mobile represents a significant milestone in Dadango's expansion here is the US. net mobile AG brings a robust, content rich media delivery platform to the partnership which surpasses any such technology available here in the US. We notice rapidly increasing interest in the marketing of music, games and other high-quality contents, by carriers and media companies in the US-American market. With the unique `net-m maxmedia' distribution platform of net mobile, Dadango can now offer our existing and new customers a fully managed service approach to the construction, operation and complete content management of a web or mobile portal. We see important new business potential with net mobile AG which will deliver value to our customers, accelerate the revenue opportunities for both companies and improve returns to our respective shareholders."

Theodor Niehues, CEO of net mobile AG, has high expectations for the new partnership: "We are pleased to be able to present with Dadango another franchise partner for our `net-m maxmedia' distribution platform, who is extremely well integrated in the US-American market and has an excellent standing with network operators. Therefore we expect to achieve considerable impulses with the partnership for net mobile AG at the opening up of the US-American market."

About Dadango (TM)

Dadango is a privately held mobile content marketing, distribution and publishing solutions provider headquartered in Sunnyvale, CA, with a presence in Guangzhou, China and Taiwan. The company globally sources, localizes, sells, and delivers high quality content and applications to mobile subscribers both directly and through channel partners into Greater China, US and Europe. The company has established content delivery channels in the US, Europe and Asia and takes content from the "scripting" stage through development, launch and revenue collection at a lower cost because of Durango's overseas operations and partnerships. Dadango also provides consulting services to the mobile industry.

About net mobile

net mobile AG is an internationally leading full-service provider of mobile and interactive value added services. Founded in November 2000, the company is already highly respected as an innovation leader in the market, and its full-managed service portfolio encompasses consulting, conception, applications, content, billing, transport and the technical implementation of optimum multi-channel marketing campaign management. As a partner for all major music labels and rights holders in the film, television and games industries, net mobile AG also assumes responsibility for all aspects of content and royalty management. Our global customer base of more than 500 customers includes nationally and globally operating mobile service providers, the media industry, Internet portals, brand manufacturers, and TV broadcasters, for whom we provide complete mobile interactive TV services.