Loan Facility

RNS Number:5627L
Axismobile PLC
11 January 2008



                                 AxisMobile PLC
                        ("AxisMobile" or "the Company")

                 US $2 million follow-on loan facility secured

AxisMobile PLC (AIM: AXIS), the hi-tech specialists in consumer mobile email,
today announces it has signed loan agreements worth US $2,000,000 (the "Loan")
with SVM-Israel ("SVM"). The Company explored a large number of potential
funding options before entering into the Loan. This current financing is a
follow-on loan facility to earlier loans issued by Plenus Venture Lending, which
is affiliated with SVM.

The Loan shall be provided in 3 instalments: the first $1,000,000 was drawn down
by the Company on January 7, 2008, the second of $500,000 no later than February
4, 2008, and the third of $500,000 no later than March 31, 2008.
The Loan is repayable over 24 months with interest charged at LIBOR plus 5.5%.
1,175,000 warrants over ordinary shares in the capital of the Company were also
granted to SVM at an exercise price of 25p per warrant.

The Loan will be subject to a repayment grace period of six months commencing on
the 6 month anniversary of the closing date.

In addition, the amount of the Loan outstanding can be converted by SVM, at any
time, into AxisMobile ordinary shares using a share conversion price of the
greater of 80% of the market price or 40p.

The funds will enable the Company to accelerate the roll out of its services and
solutions to its growing client base and provide working capital ahead of
revenues to be generated from its customers.


Sharon David, CEO of AxisMobile, commented:
"The additional funds provided by the follow-on loans from SVM will ensure
AxisMobile's rapid and continuous expansion of its customer base. This
additional funding will enable us to concentrate on driving the business forward
towards profitability."

Enquiries to:

Uri Darvish                               Tel: + 972 3 768 5555
AxisMobile                                www.axismobile.com
                                          --------------------

Josh Royston                              Tel: [phone]
Threadneedle Communications

Chris Bowman/Andrew Chubb                 Tel: [phone]
Canaccord Adams Limited



Notes to Editors

About AxisMobile

- AxisMobile was founded during early 2000. It is a leader in the emerging 
market of consumer mobile email which allows consumers to access email via 
mobile telephone handsets.

- AxisMobile's objective is to provide software that drives the mass market 
adoption of mobile email and related products by making multimedia information 
portable, ubiquitous and easy to access on subscribers' existing mobile handsets 
at an attractive cost. AxisMobile's email platform provides a 'one-stop-shop' 
for consumer mobile as it supports Web, WAP, IMAP4, MMS, SMS and J2ME 
interfaces. Such interfaces cover most methods of transmitting mobile data
communications. AxisMobile's platform means that mobile operators no longer need
to integrate platforms from different vendors. This reduces costs. AxisMobile
aims to leverage customer relationships by offering additional products and
services based on its technology platform, hence producing cross-sales and
increasing the value to customers and to its shareholders.

- Consumer mobile email represents a huge growth opportunity for mobile 
operators and vendors. The success of mobile communications has become a
worldwide phenomenon with approximately 1.7 billion subscribers globally. In
2005, Forrester research estimated that the number of Western European consumer
mobile email users will increase from 12.3 million in 2005 to 62.7 million by
2008. During the same period, revenues from consumer mobile mail will grow from
Euro120 million per year to Euro1.15 billion per year in Western Europe alone. In the
US, Forrester estimates that the number of consumer mobile email users will
increase from 12.1 million in 2005 to 38 million in 2008 and that revenues will
soar from $13 million per year in 2005 to $406 million in 2008.

- Further information on AxisMobile is available from the AxisMobile website: 
www.axismobile.com

About SVM-Israel

- Founded in 1993, SVM Advisors, LLC is a Pennsylvania, USA based technology 
merchant banking group. Through its SVM-Israel funds, it has been investing in 
Israel since 2002. Its current funds, SVM-Israel Opportunity Fund II, LP and 
SVM-Israel Parallel Fund, LP (the "SVM Funds"), are diversified special 
opportunity investment vehicles dedicated to investments in the Israeli
private equity markets. The Funds are hybrid vehicles that invest in Israeli
private equity and venture capital funds (the "Underlying Funds") as well as in
Israeli-related private and public operating companies (the "Direct
Investments").

- The SVM-Israel Underlying Funds employ a mix of strategies, including venture 
capital, venture lending, secondary LP interests, buyouts, mezzanine financings 
and special situations. The managers of these funds include established, 
top-tier managers as well as talented emerging managers. Currently, the SVM 
Funds hold positions in eight Israeli underlying funds, including several Plenus 
funds.

- The Direct Investments are typically co-investments alongside the managers of 
the Underlying Funds. The Underlying Funds and Direct Investments all have a 
significant presence in Israel. To date, SVM Funds have made two Direct 
Investments in Israeli companies.

- For more information on SVM, please contact [e-mail]



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