Press Release

28 August, 2007

FOR IMMEDIATE RELEASE

DreamSpring Updates DreamConnect Pricing

Gold Coast, Australia, 28 August 2007 - DreamSpring announces a price change for its powerful contact manager DreamConnect running on Sony Ericsson smartphones.

DreamSpring today announced the pricing of DreamConnect 2 and the award-winning DreamConnect 3 will be brought in line with the pricing in its distribution channels.

DreamConnect 2 and DreamConnect 3 are currently available on DreamSpring's website, the largest German online store Mobile2day and the premium outlet Sony Ericsson Application Shop.

DreamSpring will update DreamConnect 2 and DreamConnect 3's price from the existing US$24.95 to €24.95, bringing consistent pricing to all channels. DreamConnect for Psion PDAs will be further reduced to €9.99. These new prices will be effective immediately.

More details on DreamConnect can be found on DreamSpring's website at http://www.dreamspring.com. A trial version for all products is available at http://www.dreamspring.com/downloads/index.php for users to try before purchase.

On the announcement of DreamConnect's pricing, Managing Director Malcolm Lithgow comments: "This is our first step of making purchasing DreamConnect easier and less confusing for our users whichever channel they choose. The major smartphone software market is in Europe, so it makes sense to offer it in Euro."

DreamConnect 2 and DreamConnect 3 provide Symbian UIQ smartphone users an effective and powerful way of managing their contacts. Both are available for €24.95 at www.dreamspring.com.

For more information, please contact:

Mable Chung
Marketing Director
DreamSpring Pty Ltd
1 Crozet Ct, Burleigh Waters, QLD 4220, Australia
Email: chung@dreamspring.com

About DreamSpring

DreamSpring was established as a new venture by the former co-founder of an internet security company that is now a part of IBM. DreamSpring specialises in creating quality and innovative Symbian-based software to meet the changing needs of smartphone users.

# # #