Leading Web 2.0 mobile travel service receives prestigious grant

Lod, Israel (December 18, 2007) - MobiMate Ltd., the leading provider of mobile travel services for the road warrior and frequent flier, announced today its newest mobile travel tool, WorldMate Live, has been awarded with a grant from the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation, due to its progressive technology and commercial success. MobiMate's partnership with Conducive Technology marries MobiMate's world-class expertise in building mobile applications and services for smartphones with Conducive's superior grasp of the airline industry and best-of-breed flight status service.

BIRD is highly selective with the projects and companies it chooses to cooperate with, and the organization's recognition is a boost to WorldMate Live's market-winning technology for providing an advanced business travel offering years ahead of the competition. The mobile travel application proactively aggregates and monitors all details from a user's travel bookings and Outlook meetings into a detailed itinerary, then pushes pertinent information to the user in real time. As a result, WorldMate Live accurately predicts travel conflicts for road warriors and automatically provides solutions, often before a traveler even knows there is a potential problem.

"Our organization focuses on companies that innovate and provide breakthrough capabilities," said Dr. Eitan Yudilevich, BIRD's executive director. "Such is the partnership between MobiMate from Israel and Conducive from the US, to support travelers with a sophisticated mobile travel tool."

From flight details, airlines and departure / arrival times, to rental car details, hotel and meeting information, local time and weather, WorldMate Live serves as the premier resource for travelers, providing information enabling them to easily manage their hectic schedules. The application is provided to the public as an open service with all components and offers a choice in membership tiers. An Open Membership is completely free of charge and includes access to all the system's components and basic services, including itinerary management and synchronization, travel content and basic push services

Gold Membership provides access to premium services, which include a flight alert service that gives real-time notifications of delayed or cancelled flights on over 200 airlines, comprehensive flight schedules and a mobile travel directory. Gold Membership costs $99.95 a year or $9.95 a month.

"WorldMate Live is being implemented by frequent travelers at an impressive clip, specifically because the underlying technology addresses real problems in an easy-to-use fashion," said Jeff Kennedy, chief executive officer for Conducive. "As a result of our sophisticated technology and MobiMate's expertise in mobile travel solutions, WorldMate Live is enjoying massive consumer adoption and global commercial success."

For more information on WorldMate Live, or to become an Open or Gold member, enter www.wmlive.com/ota/wml/public/worldmatelive.jad on your smartphone or www.wmlive.com on your PC browser.

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About Conducive
Conducive Technology Corp. is a data services company whose goal is to be the leading provider of flight performance information to the global travel and transportation industries. Its FlightStats platform, which was launched in 2005, delivers real-time and historical flight data that informs decisions, lowers travel-related costs and improves the travel experience. FlightStats is an industry leader because it covers more flights around the world more accurately than does any competing product. In addition, Conducive features its flightstats.com-an advertising-supported website providing flight status information, on-time ratings performance for specific flights, and a host of other travel-related content. Conducive also has relationships with virtually all the major players in managed and online travel. These relationships will be key to creating the world's first confirmation email parsing engine spanning many airlines, hotels, car rental agencies and travel agencies - allowing assembly of full travel itineraries, even if the travel was booked at various different places from separate suppliers. Conducive has Key relationships with major players in the travel industry, a deep understanding of building real-time travel services and best-of-breed flight status/ flight alert offering

About the BIRD Foundation
The Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation promotes strategic partnerships between Israeli and American companies in various technological fields. BIRD assists, free of charge, in the identification of strategic partners for development of joint products.

The BIRD Foundation funds are repaid only as royalties on actual sales. The Foundation provides funding of up to 50% of project expenses, from R&D to the initial stages of sales and marketing. In projects that do not reach actual sales, BIRD participates in the risk without demanding repayment of its investment.

The BIRD Foundation works in full cooperation with the Office of the Chief Scientist of the Israeli Ministry of Industry and Trade and the American National Institute of Standards and Technology (NIST).

About MobiMate
Based in Lod, Israel, privately-held MobiMate has been developing award-winning mobile travel software since 2000. The WorldMate(r) product line provides frequent fliers and road warriors all the travel services they need at home, work or on the go. Like a traveler's guardian angel, MobiMate's mobile travel tools provide real-time trip information, tracking every trip and pushing vital details such as flight alerts and notifications and meeting updates directly to users. Removing stress and paperwork from the travel experience while saving time and money, WorldMate turns a mobile device into a personal travel assistant. WorldMate's resources also feature flight schedules, weather forecast, travel directories, maps, world clocks, a currency converter and much more. For more information, please visit www.mobimate.com.