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Rudd Report Completes Research Report on AskMeNow.

IRVINE, Calif. -- AskMeNow, a wholly owned subsidiary of Ocean West Holding Corporation (OTCBB:OWHC), today announced The Rudd Report, a division of Savannah Capital Management, has initiated coverage on AskMeNow with a "buy" rating and target price of at least $2.00.

Lauren Rudd, the President of Savannah Capital Management and publisher of The Rudd Report, has over three decades of experience in business and financial research, investment analysis and professional writing. His report includes a comprehensive look at the company's growth prospects, stating, "You want to hone in on finding companies that are in the so-called 'right place at the right time.' A company that meets both criteria, that is, of having the right technology at the right time, is AskMeNow." Rudd further states in his report that AskMeNow is "...at the cusp of what will become the newest segment of the rapidly expanding search industry, that of mobile search applications."

This paid-for research report will be updated on a quarterly basis over the next year and can be viewed at http://www.ruddreport.com/askmenow.

About AskMeNow

AskMeNow, a wholly owned subsidiary of Ocean West Holding Corporation, is the easiest, most convenient way to access information on the Internet or from local content from your cell phone or mobile PDA device. The first mobile lifestyle network, AskMeNow utilizes its proprietary technology to offer a natural language based interaction and dynamic content provision platform designed for simple and quick information retrieval. Through relationships such as the one previously announced with Rogers Wireless, Canada's leading wireless carrier, the Company generates revenues through per usage fees and one to one contextual mobile advertising sponsorships. AskMeNow launched officially in November 2005. The Company is based in Irvine, California. Please click on http://www.askmenow.com for more information.

Forward-Looking Statements

This press release contains certain statements which are not historical or current fact and constitute forward-looking statements within the meaning of such term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual financial or operating results of the Company or AskMeNow to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Such forward looking statements are based on our best estimates of future results, performance or achievements, based on current conditions and the most recent results of the Company and AskMeNow. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms may, will, potential, opportunity, belies, belier, expects, intends, estimates, anticipates or plans to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.
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Publication:Business Wire
Date:Jun 8, 2006
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