m-Via Wins Award at 2008 Mobile Rules!

m-Via Wins Award at 2008 Mobile Rules!

m-Via’s Mobile Transaction Network stands out at Nokia-sponsored event

SAN FRANCISCO, CA – March 31, 2008 – m-Via Inc., the standard-bearer in mobile transaction
technology and solutions, was recognized in a formal awards ceremony in San Jose, CA as a leading
mobile innovator.

m-Via’s Mobile Transaction Network earned distinction as runner-up in the Mobile Rules! competition’s
business plan category, besting hundreds of submissions from around the world and garnering praise
from the judges for quality of the presentation, strength of the solution, and insight into the market.
Mobile Rules! is the world’s leading annual competition for business plans and applications in the mobile
environment. The goal of the competition, which is organized by a consortium of the world’s leading
technology and communication brands led by Nokia and FinNode, is to seek out entrepreneurs and
developers who are creating new value, new revenue, and new services for mobile devices and the
mobile lifestyle.

“Nokia is very pleased to announce the winners of the Mobile Rules! ’08 competition, who with their
ingenuity and entrepreneurial spirit typify an emerging wave tapping into today’s exciting convergence of
mobility and the Internet,” said Tom Libretto, Vice President of Forum Nokia. “Open platforms and the
millions of smartphone devices available today helping enable this new wave of entrepreneurs from
around the globe to become drivers of the future global mobile marketplace through the innovative
technologies, applications and business models they create today.”

“Obviously, we are thrilled to have been chosen from among such an impressive group of entrants for this
award. It is especially satisfying to be recognized as an emerging mobile innovator by Mobile Rules!, an
assemblage of the foremost leaders in mobile technology and services,” said Kenneth D. Kruszka, CEO
of m-Via. “Beyond the accolades, this award also represents an acknowledgement that most mobile
payments solutions in the market today are incomplete and that the key to releasing their full potential lies
in m-Via’s Mobile Transaction Network, a global interoperable backbone for mobile transactions.”

About m-Via Inc.
m-Via Inc. is a leading innovator of mobile transaction technology, solutions, and services. m-Via delivers
global transaction solutions that are easy to use, highly secure, and extremely cost effective. m-Via’s
revolutionary MoTr™ application suite allows anyone with a cell phone to send, receive and transact
money anywhere in the world. With a combination of standard, turn-key solutions, flexible best-in-breed
technology, and specialized services, m-Via empowers financial institutions, community-based
organizations, retailers, or any other group to provide their customers or members with convenient access
to financial services wherever they are, whenever they want. More information about the company may
be obtained at www.m-via.com.