Rush and g8wave Release First Ever 'Drum Tones' for Mobile Phones

BOSTON--(BUSINESS WIRE)--g8wave Holdings, Inc. (OTC Bulletin Board: GEWV.OB [1] - News [2]; "g8wave" or the "Company"), an integrated mobile media company with offices in Boston and London, today announced that progressive rock band Rush and g8wave have released what is believed to be the first-ever 'drum tones' for downloading onto mobile phones.

Available first on the Rush.com website under the 'Mobile' section, these are tones created by iconic drummer and Rush band member Neil Peart and can be downloaded onto fans' phones via g8wave's integrated mobile technology.

"Working with Rush is an exciting new venture for us," said Habib Khoury, President and Chief Executive Officer of g8wave. "Together we are launching something that we believe is 'first ever' in the mobile world and different from any of the 'regular' ring tones you can get for your phone."

"This is a perfect example of using mobile to bring dynamic content to fans of a specific band and artist," said Brad Mindich, g8wave's Chairman and Chief Strategy Officer. "To be able to work with Neil and Rush is an amazing experience. These guys really get it and are very forward thinking and creative. No surprise there, of course."

Andy Curran, from Rush's management company SRO-Anthem, added, "To have one of the world's greatest rock drummers playing a ring tone on his own is excellent! If I'm not mistaken I think we've invented the drum tone! It will drive parents crazy, kids at school will get detentions, some marriages will be on rocky ground once drummers and RUSH fans get a hold of this...I can't wait."

About g8wave Holdings, Inc.:

g8wave Holdings, Inc. (GEWV.OB) is a leading integrated mobile media company and a global provider of interactive entertainment, social networking/community services and mobile marketing services. The Company provides services in the following areas: mobile content distribution services, mobile marketing applications and consulting, and mobile community development services. For more information about g8wave Holdings, Inc., visit www.g8wave.com [3].

About SRO-Anthem:

SRO Productions was formed in 1973, as a management company for Rush. Although SRO started off primarily as an artist management company it soon expanded into concert promotion, record production and publishing. Canned Heat, Nazareth, Ry Cooder, April Wine and Badfinger were just some of the bands that SRO brought to concert halls in the Toronto area in the early 70s. SRO Management Inc. was created as a management vehicle both for the stable of artists on the Anthem Records label as well as for artists who had outside deals with other labels. Today SRO Management is a world class artist management company which has managed internationally known artists such as Max Webster, Van Halen, Extreme, Queensryche, Coney Hatch, King's X and of course The Tea Party, Molly Johnson and RUSH.

Safe Harbor Statement

The statements contained in this press release contain certain forward-looking statements within the meaning of the federal securities laws, including, without limitation, the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this press release are forward-looking statements. These forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may differ materially from what is expressed in, or implied by, such forward-looking statements. The Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements are those detailed in the Company's filings with the Securities and Exchange Commission. Investors are strongly encouraged to review our filings with the Securities and Exchange Commission for a discussion of such risks.

Contact:

g8wave Holdings, Inc.Mr. Habib Khoury, President & CEO617-859-3360 (Boston)habib@g8wave.com [4]orCCG Investor Relations Inc.Investor Relations:Mr. Crocker Coulson, President646-213-1915 (New York)crocker.coulson@ccgir.com [5]orMedia:Ms. Saskia Sidenfaden, Senior Media Executive646-213-2822 (New York)saskia.sidenfaden@ccgir.com [6]