iLoop Mobile and MyMoneyPlus(TM) Sign Partnership to Provide Prepaid Content Cards and Credit Card Purchases for Mobile Content; Partnership Offers Flexibility for Sales, Billing and Branding to iLoop Mobile Clients

SAN JOSE, Calif.--(BUSINESS WIRE)--Aug. 29, 2005--iLoop Mobile, Inc., the leading mobile application service provider, announced that it will partner with MyMoneyPlus, an ATM/Debit card technology company. The partnership gives iLoop Mobile's clients the opportunity to offer branded prepaid content cards and credit card sales for mobile content such as ringtones, screensavers, music, video and more.

Consumers buy prepaid content cards the same way they buy prepaid phone cards -- an attractive alternative for younger consumers. Prepaid cards offer:

“Consumers can download ringtones, wallpapers, or sign up for mobile services with prepaid content cards, increasing revenue for our clients while offering convenience to consumers.”

-- Freedom to buy mobile content/services for individuals without access to normal open service billing on a wireless plan or credit card

-- Parental control of mobile content and services purchased

-- Mobile content and services can be physically packaged on the cards, with exciting branding that is attractive to consumers

-- Prepaid and ATM/credit card purchases allow iLoop Mobile's clients to sell directly to consumers at higher margin

"We are excited about partnering with MyMoneyPlus and providing another creative and profitable way for our clients to reach consumers," said Steve Koskie, CEO of iLoop Mobile. "Consumers can download ringtones, wallpapers, or sign up for mobile services with prepaid content cards, increasing revenue for our clients while offering convenience to consumers."

Jon Park, CEO of MyMoneyPlus, said, "iLoop Mobile clients can leverage this opportunity by partnering with retailers to offer in-store branded cards, enabling mobile content purchases and increasing brand awareness."

About iLoop Mobile, Inc.

iLoop Mobile is a mobile application service provider for interactive mobile phone services, marketing initiatives and content distribution. Clients employ iLoop Mobile's services to add a mobile dimension to traditional or new channels and to establish an intimate one-to-one relationship with their target audience. iLoop Mobile's Mobile Dimension Manager(TM) provides mobile initiatives and services including quiz, lottery, sweepstakes, polls, voting, gaming, social networking, content subscriptions and music/image/video distribution. iLoop Mobile is headquartered in San Jose and sits on the board of the Mobile Marketing Association (MMA). For more information about iLoop Mobile visit www.iloopmobile.com.

About MyMoneyPlus Card Corporation

MyMoneyPlus Card Corporation has developed a suite of prepaid debit cards for today's active, technology centric lifestyle. Prepaid cards offer a wide range of benefits and flexibility including: the ability to purchase interactive mobile phone services, sending money to family or friends in a native country, paying bills without buying expensive money orders, and having complete access to funds in a safe, secure way without having to carry large amounts of cash and paying exorbitant fees. Cardholders can make purchases at retail establishments nationwide. The MyMoneyPlus cards are FDIC insured when registered and function as normal ATM/Debit cards with the capability of withdrawing cash worldwide. The MyMoneyPlus program is the result of over ten years of research and development effort, resulting in the creation of the most flexible, lowest cost and easy to use product of its type. For more information about MyMoneyPlus visit www.mymoneyplus.com.

(C)2005, iLoop Mobile, Inc. iLoop Mobile is a registered trademark and iLoop Mobile Dimension Manager is a trademark of iLoop Mobile, Inc. All other products and company names herein may be trademarks of their respective owners.