7/25/00

Contact Networks Opens London Business Center

Reflects Company’s Expansion as Critical Component in Booming Wireless Market

REDWOOD SHORES, Calif., July 25, 2000 – Contact Networks, the developer of wireless and Internet-enabled contact-management tools with integrated communication and commerce services, has announced the opening of a London office to support the needs of European wireless infrastructure providers, carriers and portals.

The new business center augments existing operations in Redwood Shores, Calif., and Ramat-Gan, Israel. The company's expansion acknowledges the burgeoning wireless-communications industry in Europe and user demands for advanced address book services delivered through a variety of access points, including WAP (wireless application protocol).

Contact Networks' London activities will focus on business development and relationship management with other wireless infrastructure and platforms companies, handset manufacturers, carriers, content providers and European portals. Eduardo de Castro, director of business development, who previously had been with Anderson Consulting, heads the operation. De Castro will be responsible for expanding the company's European staff.

"We've all witnessed the tremendous explosion of the wireless Internet in Europe," said Contact Networks President and CEO Adam Hertz. "The London business office will give Contact Networks immediate access to European markets, wireless operators, service providers and technology partners, as well as investors. We plan to expand our presence to take full advantage of the European opportunity."

Contact Networks' new office is located at 8 Heathgate Place, London NW3 2NU;
telephone: +44 (0) 207 586 5904.

About Contact Networks
Contact Networks (www.Contact.com), a Silicon Valley-based global enterprise, focuses on personal information sharing and contact management as the critical component of wireless and Internet-enabled communication platforms and devices. Contact Networks works with wireless infrastructure providers, carriers and portals to establish the industry's most advanced platform for interpersonal wireless services, and to leverage the powerful technology underlying the company's unique and powerful address book services. At the center of these services - delivered through a variety of access points, including WAP (wireless application protocol), voice, desktop and the Web, are rich, timely contact information tools and integrated communication and commerce services providing unique customer benefits that make interactions among people simpler and more personal.

Founded in 1998, Contact Networks is privately funded and raised $13 million to date. Led by President and CEO Adam Hertz (former Excite@Home engineering vice president) and headquartered in Redwood Shores, Calif., the company's staff includes a wireless and PC engineering team in Israel, a business center in London and a voice access and server services engineering team in the United States. Contact Networks was listed among "The Top 100 Web Sites" in the April 26, 2000, issue of PC Magazine.

Additional information is available at www.contact.com.

For press inquiries contact:
Omer Malchin, VP, Marketing
Tel: (650) 610 3115

Kent Holland, Plesser Associates
Tel: (212) 319-8383

Jason Chupick, Plesser Associates
Tel: (212) 319-8383