724 Solutions Bridges IMS Services Between Legacy Networks.

SANTA BARBARA, Calif. -- 724 Solutions (Nasdaq:SVNX) (TSX:SVN), a leading provider of next-generation IP-based network and data services, today announced key technology initiatives to bridge the gap between IMS and legacy networks. As part of the initiatives, 724 is promoting its Project Golden Gate, which enables the mobile network operator and mobile virtual network operators to leverage their existing subscriber base and network investments to both spur adoption and easily offer new services to enterprise and consumer markets. Together at Fall VON 2005, 724's Project Golden Gate and BridgePort Networks will showcase a joint carrier based mobility solution for Microsoft Live Communications Server, for the enterprise market.

Project Golden Gate, based on 724's X-treme Mobility Suite which enables the Unwired Lifestyle(TM), leverages existing standards to provide an open, secure, massively scalable and fault-tolerant multi-protocol access management server that extends the reach of value-added content services to existing wireless subscribers by enabling legacy subscribers to appear as part of the IMS/SIP network.

"724's technology, including its newest initiative, Project Golden Gate, provides a truly seamless bridge between IMS/SIP networks and the existing macro-cellular networks," says Michael Luna, 724 Solutions' Chief Technical Officer. "By bridging this gap, legacy subscribers have access to standard IMS/SIP based services and applications, such as presence, Push-to-talk over cellular and Instant Messaging. By doing this, mobile network operators open their IMS-based services to their existing customer base and as a result, accelerate service adoption."

The joint solution offers an innovative presence capability between the mobile phone and Microsoft Office Communicator 2005 client that enables seamless registration between the mobile network and the Microsoft Live Communications Server 2005. Because the users physical location is determined, a seamless bridge is formed between enterprise and mobile services.

Project Golden Gate and the joint solution with Bridgeport Networks is available for demonstration at the Fall VON 2005 show in Boston, Mass., at Bridgeport Networks' booth #334. Project Golden Gate is available today for trial.

About 724 Solutions

724 Solutions (Nasdaq:SVNX) (TSX:SVN) delivers reliable, scalable technology and solutions that allow mobile network operators to rapidly deploy flexible and open next generation IP-based network and data services. Additionally, in conjunction with mobile operator partners, the company provides a series of actionable alerting solutions to enterprises to assist them in lowering operating costs and improving customer relationship management. 724 Solutions is a global company with development operations in Canada and Switzerland, with its corporate office in Santa Barbara, Calif. For more information, visit www.724.com.