Volas Entertainment & Investro Group Launch MagoMovil on Tigo's Mobile Content Portal in Guatemala

HERZLIAH, Israel, July 7, 2010 /PRNewswire/ --

- Now its Official, 5 Million of Tigo's Subscribers Will be Able to Access MagoMovil and Play our new Fantasy World Cup 2010 Online Mobile Game

Volas Entertainment Ltd, a leading mobile content service provider and Investro Group, a leading High-Tech solution provider Group in Latin America today announce the official launch of MagoMovil, a mobile content portal, on Tigo, Guatemala's leading mobile operator with over 5 million subscribers. The portal can be found inside Tigo's portal at the following address: wap.tigo.com.gt

Under MagoMovil, Tigo users will be able to access our latest Fantasy World Cup 2010 service. Users will be able to create their own teams and manage players using live statistics from the World Cup 2010 tournament in South Africa. Subscribers will be able to compete against each other and prizes will be offered to the Top managers each week.

MagoMovil will also offer a wealth of local and international premium content and services, including games, videos, music, themes, images, applications and infotainment services. New content and services will be introduced on a regular basis, making sure Tigo subscribers will keep on coming back for more.

Adi Goren, CEO of Investro Group, said "We are thrilled with the opportunity to work with a leading provider like Tigo and excited to expand our business in Guatemala to include mobile value added services. MagoMovil will deliver a dynamic experience with tailored, quality mobile content to ensure a unique experience. We are very optimistic about our continued relationship with Tigo and the promising potential that lies ahead."

Doron Cohen, CEO at Volas Entertainment, said: "Being able to launch MagoMovil first with Tigo, Guatemala's largest operator, has given us the necessary indication that we are in the right market at the right time. Tigo's responsiveness and eagerness to move forward has only strengthen us and provided us the required feedback that we are offering the right mix of content and services. It is our goal to continue to expand our operation within Tigo as well as in the region."

About Tigo

Tigo, also known as Millicom, provides affordable, widely accessible and readily available prepaid cellular telephony services to more than 30 million customers in 13 emerging markets in Latin America and Africa where the basic telephone service is often inadequate and where economic development and rising personal income levels are creating increasing demand for communication services.

Millicom's proven prepaid, mass market distribution and perceived price leadership strategy have enabled it to continue to pursue high growth while delivering operating profitability. Millicom's shares are listed on the Nasdaq Stock Market under the symbol MICC and on Stockholmsborsen under the symbol MIC.

About Volas Entertainment

Volas Entertainment, part of the Logia Group, provides a combination of technological solutions and content related services, tailoring comprehensive mobile portal solutions for operators, content providers and media owners. Products & services include VAMP(TM) - our mobile content management platform, portal & application development, mobile billing integrations, content & services aggregation.

Constantly striving to lead and excel, Volas continues to develop its product portfolio and enhance its content aggregation services throughout the world. Connected to more than 20 leading operators around the world with the likes of Vodafone, Telecom Italia, Cellcom, Orange, Airtel, Smart, AIS, & Amdocs and collaborating with more than 85 content & application providers.

About Investro Group

Founded in 2004, Volas Entertainment is headquartered in Herzliah, Israel. For more information, please visit: http://www.VolasEnt.com

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.

    For more information visit: http://www.investrogroup.com.

    Media Contacts:

    Doron Cohen
    CEO and Founder
    Volas Entertainment
    [email protected]

    Adi Goren
    CEO and Founder
    Investro Group Inc.
    [email protected]

    Tel +972-732525252

SOURCE Volas Entertainment Ltd