London,England and New York, NY December 14, 2009 Mobiventures Inc. (OTC MBLV.PNK) continues to seekconsolidation opportunities in the mobile applications, mobile marketing andnew media sectors and is pleased to give a brief update on company activities.

In February, the groupdisposed of its e-mail marketing business Pure Promoter enabling it to pay downits financed debt. The group retains its email capabilities as itsimultaneously established a subsidiary company Mail The Market, which retains the extensive platformcapabilities of Pure Promoter and remains synergistic to the group’s strategy.

In March 09, the groupcompleted an asset purchase of NewVisions Mobile Ltd, having previously owned a minority stake. The groupestablished a new subsidiary business, Ourtribes Ltd, to trade the IP andrelationships. Ourtribes is a provider of mobile technologyplatforms and social networking sites e.g. Kylie Konnect. The acquisition has further strengthened theMobiventures’ mobile and Internet strategy.

In June 09,recognizing the linkage between proximity marketing technologies and its mobileplatform technologies, Mobiventures Inc. took a minority share in a Bluetoothmarketing company. Blue Push enables mobile content of any type to be pushed tomobile phones. It is clear therefore that linking both mobile platformtechnologies and Bluetooth provided a complete end-to-end marketing propositionfor ‘take away music’ i.e. the ability to download music over the mobile phoneat the point of performance.

Also in June 09, Ourtribes enjoyed what it believes tobe an industry first by creating a ‘take away the music’ proposition at liveevents. It demonstrated its ability for bands to provide fans with downloadablemusic live at the gigs and direct to their mobile phones and computers.

The Saturdays, aleading UKfemale pop group pre-sold their latest release by announcing to the fans duringtheir live performance, that they could ‘takeout their mobile phones and download their new single right there and then’.An enthusiastic response was received from the audiences enabling Ourtribes toprove the concept of ‘purchase at point of performance’.

In August and tofurther strengthen its ability to provide potentially industry disruptivetechnology; Ourtribes sought and subsequently achieved accreditation from the Official Chart Company which adds significant value to theproposition of music downloads at live performances as each track sold will counttowards the official music charts.

August proved a busymonth for the group as it was chosen by the Notting Hill Carnival to provide a ‘take away music’ solutionto the various sound stages. Ourtribesworked in particular with Radio1XtraDJ’s Rampage.   Working with DJ Sniper Ourtribes demonstrated the potential forartists to launch new singles at e.g. carnivals, concerts and festivals byBluetooth. The events at Notting Hill can be viewed here.

The group’s ongoingstrategy is to provide end-to-end mobile and Internet marketing solutions andconcentrating on specific fan based locations and activities such as sports andsports arenas, music, artists and venues and high footfall locations. The groupcontinues to seek merger and acquisition opportunities.

AboutMobiventures

Mobiventures Incis a group ofcompanies providing mobile and Internet technology and marketing solutions forclients. It deploys multi media content and enables e-commerce and m-commercetrading both over mobile phones and the Internet.  Its strategy is to create compellingmarketing solutions though the creative combination of its multipletechnologies and to continue to consolidate the market place thought strategicacquisitions, mergers and collaborations. The Group’s propositions aredelivered through Ourtribes Ltd, Blue Push Ltd, and Mail the Market.

Safe Harbor Statement

This press release containsforward-looking statements. Actual results could differ materially from thoseprojected in the forward-looking statements as a result of a number of risksand uncertainties. Statements made herein are as of the date of this pressrelease and should not be relied upon as of any subsequent date.

Contact Information:

Nigel Nicholas – CEO                                     Telephone:      +44 7740611413

Barry Parsons – CommercialDirector                                   +447794366986

Investor Contact:

Jamey Smith

Trinity Media Group

1697 Doyle Rd.

Deltona, Flordia 32725

(O) 386-259-4094