Change of Name to Fonix plc

Fonix Mobile plc

("Fonix" or the "Company")

Change of Name to Fonix plc

The Company confirms that it has changed its name to Fonix plc.

It is expected that the change of name will take effect on the AIM market of the London Stock Exchange from 8:00a.m. tomorrow. The Company's TIDM will remain as "FNX". The Company's current ISIN and SEDOL will remain the same. Shareholders are unaffected by the change of name and existing share certificates should be retained and remain valid. Any new share certificates issued will bear the name Fonix plc.

Enquiries

Fonix Mobile plc                                                                                                          Tel: +44 20 8114 7000

Robert Weisz, CEO

Michael Foulkes, CFO

Cavendish Capital Markets Limited (Nomad and Broker)                                    Tel: +44 20 7220 0500

Jonny Franklin-Adams / Seamus Fricker (Corporate Finance)

Sunila de Silva (ECM)

About Fonix

Founded in 2006, Fonix provides mobile payments and messaging services for clients across media, telecoms, entertainment, enterprise and commerce.

When consumers make payments, they are charged to their mobile phone bill. This service can be used for ticketing, content, cash deposits and donations. Fonix's service works by charging digital payments to the mobile phone bill, either via carrier billing or SMS billing. Fonix also offers messaging solutions.

Based in London, Fonix is a fast growth business driven by blue chip clients such as ITV, Bauer Media, RTÉ, Global Media, Comic Relief and BBC Children in Need to name a few.