Press Statement on Frost & Sullivan Malaysia Telecoms Awards 2007

Kuala Lumpur, 25th May 2007: Nextnation Communication Berhad (Nextnation) was awarded the prestigious Mobile Content Developer of the Year at the annual Frost & Sullivan Malaysia Telecoms Awards Banquet, held yesterday. Fifteen titles were conferred at the event which was officiated by Deputy Minister of Energy, Water and Communications, Datuk Shaziman Abu Mansor.

The Frost & Sullivan Awards are presented to companies that demonstrate best practices in their industry, commending the diligence, commitment, and innovative business strategies required to advance in the global marketplace. The awards recognise companies which have pushed the boundaries of excellence and demonstrated outstanding performance in the telecommunications, information and communications technology industry.

In his acceptance speech, Group CEO and MD, Mr. PY Tey noted that the award is a validation and recognition of Nextnation's efforts and contribution in building a dynamic and viable mobile content industry in Malaysia. He noted that, "The company has been aggressively pursuing opportunities outside of the country, and to a large extent have been quite successful at replicating our home-grown business model in various countries in the region. I do not think it impossible, that in 3 to 5 years, Nextnation will become the leading mobile applications service provider in the Asia Pacific region, joining the ranks of many of our Malaysian peers."

He also thanked the judges, customers and employees of the group, "I wish to thank the distinguished panel of judges for selecting us as the Award recipient, our customers who have supported us towards greater synergy within the industry, and I personally would like to thank team Nextnation for journeying with me in making this company what it is today."

Winners were evaluated on revenue growth, market share and growth in market share, leadership in product innovation, breadth of products and solutions, and various actual market performance indicators. Frost & Sullivan's analysts short listed, researched and evaluated the top contenders in each category. The findings of the detailed evaluation were then presented to an independent panel of judges comprising representatives from the telecommunications sector, industry leaders and the media.

About Nextnation Communication Berhad

Nextnation Communication‚ a mobile application service provider‚ enables businesses and individuals to access‚ connect‚ and transact across today's complex global mobile networks. Its core product MINDCEP™ Platform is a mobile multimedia communication platform‚ facilitating and enabling mobile data transmission worldwide using WAP‚ MMS‚ SMS and Java technologies. MINDCEP™ is connected to some of the largest premium messaging networks in the world in order to offer a broad range of services from content distribution to mobile m-commerce and place the company at the forefront of this rapidly growing messaging market. Additional news and information about the company is available at www.nextnationnet.com.