Released on = December 21, 2006, 10:58 pm

Press Release Author = Feedtext Inc.

Industry = Internet & Online

Press Release Summary = Feedtext is collaborating with Axis Global Interactive to
bring a localized Moblabber to the Philippines.

Press Release Body = SAN FRANCISCO, CA. December 22, 2006 - San Francisco-based
Feedtext Inc. (http://www.feedtext.com) signs a deal with a local content prodiver,
Axis Global Interactive, making it possible to bring a localized Moblabber
(http://www.moblabber.com) to the country's online social network scene.

Moblabber Philippines, like its US counterpart, is designed to be a fun and useful
social networking service geared for both web and mobile phone interaction, enabling
a multi-person SMS activity. The application will be made available to the
Philippine market.

"The Philippines has been one of the major players in the Apac market in this
particular industry," Feedtext Inc. Founder, Vince T. Yamat explains. "When the
company was presented with the opportunity to offer Moblabber to the country, it
didn't take us too long to decide to give it a go."

Feedtext believes that entering into this agreement with Axis Global Interactive
will work for the product's lifespan and spur its growth on. Moblabber is an
application that the Philippine market will find useful since it touches a core need
and it has distinct features that will entertain the market. The company is also
discussing the possibility of developing connections with other markets.

The local version is set to launch before the year ends.

Feedtext Inc. is a web and mobile entertainment company that develops consumer and
business applications for media companies and wireless carriers in North America.
The company also offers other services such as chat, community applications,
interactive TV applications and mobile entertainment storefronts.

Axis Global Interactive, a subsidiary of Axis Global Technologies, is an "ideas"
company aimed at providing consumers and companies with new and exciting mobile
entertainment content in the Philippine market. The company has its own wap portal -
WAPPY featuring a wide collection of mobile contents such as wallpapers, themes,
screensavers, logos, picture messages, ringtones and games cater to the needs and
desires of mobile subscribers.

For more information on the product, please visit the website at www.moblabber.com
or call +1 415.839.0091.


Web Site = http://www.feedtext.com/

Contact Details = Feedtext Inc.
Mailing Address: 268 Bush Street #4600 San Francisco, California 94104-3503 USA
Vince T. Yamat
Email: vince [dot] yamat [at] feedtext [dot] com
Phone: + 1 415.839.0091