Volas & Investro are Scheduled to Launch the First Portal Called Mago Movil in Guatemala, Q2 of 2010

HERZLIAH, Israel, March 17, 2010 /PRNewswire/ -- Volas Entertainment Ltd, a leading mobile content service provider today announces that it has signed a managed services deal with Investro Group, a leading High-Tech solution provider Group in Latin America. Under the deal, Volas will develop mobile content portals as well as provide full content aggregation services to Investro so that they can expand their current operations within the Telecom sector in the region. Initially, the target will be to launch into its headquartered territory, Guatemala, which gives Investro access to more than 10.5 million mobile subscribers.

Investro will be offering the plug and play portal solution directly to operators while providing all the marketing and content management services to run, manage and promote the different services. Investro will continue to stay up to date with the latest trends and activities in the area while maintaining a steady flow of new and interesting services to users. Investro has been operating in the region for over 8 years and is already working hand in hand with all the operators. The first portal, Mago Movil is scheduled to launch in Q2 2010 with one of Gautemala's leading operators.

Volas will oversee all technical and integration aspects of the portal and will provide the portal development, CMS, portal management tools, hosting services, content aggregation, reporting and monitoring for the service. The portal will be offering a wide range of content and services to meet the needs of the users. Both Volas and Investro will provide their extensive mobile catalogs from over 85 content provider partners based around the globe which includes games, videos, music, themes, images, applications and infotainment services.

Adi Goren, CEO of Investro Group, said: "We are very thrilled to establish such cooperation with Volas. I am convinced that with their state of the art mobile content solutions and successful commercial deployment in other markets, we could easily and smoothly duplicate the success in Central and South America reaching high numbers of cellular users through unique and high quality content and services.

"We are very pleased to partner up with Investro Group. They have a very strong presence with the leading vendors, many years of experience and vast knowledge in the region," Commented Doron Cohen, CEO & Founder at Volas Entertainment. "Adding this to the fact that mobile content and services are becoming a bigger part of daily life for consumers in Central & South America, I believe we are in the right place at the right time."

About Volas Entertainment Ltd:

Volas Entertainment is a wireless application service provider (WASP) providing an end-to-end solution for On & Off Deck portals including content aggregation, value-added managed services, mobile billing and transcoding for content providers, mobile portals and wireless operators.

Founded in 2004, Volas Entertainment is located in Herzliah, Israel, and has a growing customer base in Asia, Europe, Americas and the Middle East. The company's proven track record, products and attentive service have attracted clients such as Vodafone Italy, Telecom Italia Mobile, Lancio Entertainment, WIND, Orange Romania, Vodafone Romania, Airtel India, Smart Philippines, AIS Thailand, Cellcom and more.

For more information, please visit: http://www.VolasEnt.com

About Investro Group:

Investro Group Inc. is a private holding business group specialized in business development in the high tech field. Investro Group's main objective is to bridge the cultural and geographical gap between developed and developing countries by penetrating those markets with innovative and advanced solutions in numerous working areas.

Investro Group holds leading subsidiary companies in a few growing business sectors with the aim of focusing on successful independent operation of each individual organization.

Investro Group is a dynamic entrepreneur in the high tech field based on a very unique strategy in order to meet its commercial and financial objectives by providing strong and solid business opportunities to our clients, partners and investors.

    Media Contacts:
    Doron Cohen
    CEO and Founder
    Volas Entertainment
    doron@volasent.com
    +972-732525252

    Adi Goren
    CEO and Founder
    Investro Group Inc.
    adi@investrogroup.com

SOURCE Volas Entertainment Ltd

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