Smith Micro Software Recognized as One of the Fastest Growing Companies in Orange County, CA.

Company Ranked Tenth in Deloitte's 'Technology Fast 50' and Demonstrated Over 663% Growth Over the Last 5 Years

ALISO VIEJO, Calif. -- Smith Micro Software, Inc. (NASDAQ:SMSI), a leading developer and marketer of innovative software solutions and services for the wireless market, today announced its #10 position in the prestigious Deloitte & Touche "Fast 50" Program for Orange County, CA, a ranking of the 50 fastest-growing technology companies in the region. Smith Micro Software has ranked on Deloitte's 'Technology Fast 50' list for the second consecutive year.

Rankings are based on the percentage of growth in revenues from 2002-2006. These companies, which impact a broad spectrum of industries, defy unpredictable market pressures by consistently growing their revenues year after year.

Smith Micro Software CEO William W. Smith, Jr. said, "Orange County is the second most populous county in the state of California, and the fifth most populous in the United States. Its strong economic system and influence is home to many recognized and prominent organizations doing business throughout the world. Being named to the 'Orange County Fast 50' list for the second year in a row is a great honor for Smith Micro and we are proud to be associated with the distinguished group of companies who made the list."

Smith concluded: "Sustaining high-revenue growth over five years is a great accomplishment and we are committed to delivering on the promise of market longevity."

"Deloitte's Orange County Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Rick Rayson, Managing Partner, Orange County Practice, Deloitte & Touche LLP. "We applaud the successes of Smith Micro Software and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years."

Smith Micro Software's increase in revenues of 663-percent over the five-year period of 2002 to 2006 resulted in a 10th ranking overall in the Fast 50 for Orange County, an increase of 16 spots from last year's #26 ranking.

To qualify for the Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, and must be a public or private technology company headquartered in Orange County, California. The Fast 50 defines a "technology company" as a business that owns proprietary intellectual property or proprietary technology that contributes to a significant portion of their operating revenues.

Winners of the 16 regional Fast 50 programs in the United States and Canada are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks the nation's top 500 fastest growing technology companies.

About Deloitte

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Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.

About Smith Micro Software, Inc.

Smith Micro Software, Inc., headquartered in Aliso Viejo, California, with offices in Europe and Asia, develops and markets wireless multimedia and communications solutions, mobile device management products, image and data compression solutions and many award winning software products. Smith Micro's complete line of products is available through Smith Micro's Enterprise, Telcom & OEM Sales Groups, and direct from its websites, retail and value-added resellers (VARs). Smith Micro's common stock trades on the NASDAQ Global Market under the symbol SMSI. For more information about Smith Micro, please visit www.smithmicro.com.

Safe Harbor Statement: This release may contain forward-looking statements that involve risks and uncertainties including, without limitation, forward-looking statements relating to the company's financial prospects and projections, the company's ability to increase its business, and the anticipated timing and financial performance of new products and potential acquisitions. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are new and changing technologies, customer acceptance of those technologies, fluctuations or cancellations in orders from customers, new and continuing adverse economic conditions, and the company's ability to compete effectively with other software companies. These and other factors discussed in the company's filings with the Securities and Exchange Commission, including its filings on Forms 10-K and 10-Q, could cause actual results to differ materially from those presented in any forward-looking statements. Smith Micro assumes no obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of this press release.

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