ADVISORY/Celvibe Unveils Revolutionary Streaming Technology to Provide Live Streaming TV Broadcasts to Mobile Devices; Company to Launch North American Entity at CTIA Global Wireless 2001.

Business Editors

CTIA WIRELESS 2001

ADVISORY...for March 20-22

--(BUSINESS WIRE)

      WHAT: Celvibe Inc. will unveil its revolutionary streaming media
        solution for the wireless carriers that provides uninterrupted
        streams of high-quality, live broadcast television over 2.5G
        and 3G networks to wireless devices at CTIA Global Wireless
        2001.

      WHO: Oded Peretz, CEO, Celvibe Ltd.

          Rony Shmulevitch, Vice President of Marketing & Business
        Development, Celvibe Ltd.

      WHERE: CTIA Global Wireless 2001
           Sands Expo & Venetian Hotel
           Las Vegas, NV
           Booth # 8336, Israeli Pavilion

      WHEN: March 20 - 22, 2001
          11:00 a.m. - 6:00 p.m. (March 20)
          10:00 a.m. - 5:00 p.m. (March 21)
          10:00 a.m. - 3:00 p.m. (March 22)

      DETAILS: Celvibe will demonstrate its patent-pending technology,
        CelFeed(TM)-- the MPEG-4 trans-coder and streamer that convert
        compressed streams of live television broadcasts to mobile
        devices.

      NOTE: Interviews are available by request.

CelFeed is a trademark of Celvibe Ltd. All other product names used are the property of their respective owners.

This press release is available on the Celvibe Web site at www.celvibe.com and on the KCSA Worldwide Web site at www.kcsa.com.