g8wave Announces Agreement with The Charlatans to Power Full Mobile Download Services

BOSTON--(BUSINESS WIRE)--g8wave Holdings, Inc. (OTC Bulletin Board: GEWV.OB) (“g8wave”
or the “Company”),
an integrated mobile media company with offices in Boston and London,
today announced that it has reached an agreement with The Charlatans, a
music group with a history of pursuing revolutionary approaches to music
distribution. The agreement with g8wave follows The Charlatans most
recent initiative in which the group gave away their new single “
You Cross My Path” on XFM free of charge.

Under the terms of the deal, g8wave will deliver a mobile internet site
which will allow fans to download ringtones, full tracks, images, videos
and other unique content, as well as to get updates on the band, all
free of charge. The initial site is part of a broader mobile music and
marketing plan drawn up by g8wave and The Charlatans, which includes
Bluetooth broadcasting at shows, mobile ticket sales and even a mobile
store, where visitors can purchase t-shirts and posters. The mobile site
will also carry advertising with major music and lifestyle brands. Fans
of the band will be able to be taken to the new mobile service by a
number of easy to use routes, including short code downloads and special
web to mobile technology.

“Giving away the music for free is the most
intelligent option for bands, as it maximizes other revenue streams and
stops this whole notion of stealing music by making it legal,”
said Alan McGee, from McGee Management. “Working
with g8wave on adding mobile to this mix was absolutely natural and
takes The Charlatans up to the next level with our approach to
delivering music to the people.”

“It is amazing to be working with The
Charlatans on such a forward thinking, industry-changing project,”
said Brad Mindich, g8wave’s Chairman and
Chief Strategy Officer. “Mobile is critical
to the music revolution and The Charlatans have embraced mobile as a way
to further enhance the relationship they are building with their fans.”

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 [1].

About McGee Management:

McGee Management was set up in summer 2007 by legendary manager Alan
McGee and has a small, strong roster of musical acts. Currently McGee
Management works with The Charlatans, Dirty Pretty Things and Black
Affair.

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
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a result of new information, future events or otherwise. Among the
important factors that could cause actual results to differ materially
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