Amaru Announces New Members to Board of Directors

  
    
  
  
    
      Amaru, Inc. (OTCBB:AMRU), a leading provider of interactive broadband 
      entertainment and media on demand, announced today new members, 
      including two independent directors, to its Board of Directors. The 
      Board of Directors has also appointed Mr. Sakae Torisawa as the Chairman 
      of Amaru, Inc.
    
    
      “These new appointments demonstrate our 
      commitment to enhancing our corporate governance and increasing the Board’s 
      independence,” said Mr. Torisawa, Chairman of 
      Amaru, Inc. “They each offer a significant 
      amount of professional experience and knowledge which will add 
      tremendous value to Amaru as we continue to build a global new media 
      company. We are also in the process of establishing several board 
      committees including the audit and remuneration committees.”
    
    
      Mr. Sakae Torisawa was appointed as director, effective January 8, 2007, 
      and appointed as the Chairman of Amaru, Inc., effective March 5, 2007. 
      Presently, Mr. Torisawa works for C & P Asia Pte Ltd, Singapore as a 
      Senior Advisor. He was appointed as a director of Auston International 
      Group, a company trading on the Singapore Stock Exchange, effective 
      December 28, 2006. Mr. Torisawa’s professional 
      experience includes being a partner at Glencore Far East Ag in 
      Switzerland, an international trading and industrial firm. He has also 
      worked at Union Carbide USA as a U.S. representative in the Tokyo office 
      for the Metal division and Hockmetals Group, a global trading and mining 
      firm, as a trader.
    
    
      Mr. Ngiam Zee Moey was appointed as an independent director effective 
      March 5, 2007. From 2004 until present, Mr. Moey has been Joint Company 
      Secretary for AEI Corporation Ltd. From 1987 until March 2005, Mr. Moey 
      served as the Group Financial Controller for Lauw & Sons Group of 
      Companies. He was responsible for all financial matters of the Group's 
      Singapore operations, development and implementation of marketing 
      programs of the Group's properties and identifying and developing 
      investment opportunities. He also reviewed quarterly financial and 
      management reports of several companies in USA, Taiwan and Australia. 
      Mr. Moey is a member of the Institute of Certified Public Accountants of 
      Singapore; he is a member of the Marketing Institute of Singapore, and a 
      Fellow of Association of Chartered Certified Accountants UK.
    
    
      Mr. Lewis Marks was appointed an independent director as of March 5, 
      2007. Mr. Marks has been a Director of CBH Resources Co., Ltd., Sydney, 
      Australia since 2003, and has been a Director of Coeau Vert Co., Ltd., 
      Tokyo, Japan since 2002. From 2002 until present, he has been a Managing 
      Member of M.I.C. Global Partners, LLC. He graduated from the Georgetown 
      University of Foreign Service (BSFS 1973) and SUNY Buffalo School of Law 
      (1977). Mr. Marks is fluent in Mandarin Chinese and Japanese.
    
    
      About Amaru, Inc.
    
    
      Amaru, Inc., through its subsidiaries under the M2B brand, is a leader 
      in the Broadband Media Entertainment business, and a major provider of 
      interactive Entertainment-on-demand, Education-on-demand and e-commerce 
      streaming over Broadband channels, Internet portals, and 3G devices. To 
      date, the Company has launched multiple Broadband TV websites for 
      Hollywood and Asian entertainment, education and online shopping, with 
      over 100 channels designed to cater to various consumer segments and 
      lifestyles. Its content covers diverse genres such as movies, dramas, 
      comedies, documentaries, music, fashion, lifestyle, edutainment, and 
      more. The M2B brand has established its competitive edge by offering 
      access to an expansive range of content libraries for aggregation, 
      distribution and syndication on Broadband and other media; including 
      rights for merchandising, product branding, promotion and publicity. For 
      more information, visit www.amaruinc.com.
    
    
      This press release contains forward-looking statements, which are 
      subject to change. The information posted in this release may contain 
      forward-looking statements within the meaning of the Private Securities 
      Litigation Reform Act of 1995. You can identify these statements by use 
      of the words "may," "will," "should," "plans," "expects," "anticipates," 
      "continue," "estimate," "project," "intend," and similar expressions. 
      Forward-looking statements involve risks and uncertainties that could 
      cause actual results to differ materially from those projected or 
      anticipated. These risks and uncertainties include, but are not limited 
      to, growth and demand for broadband services, the unproven nature of the 
      subscriber model, consumer adaptation of set-top boxes, the ability to 
      execute content deals on favorable terms, government controls on media & 
      gaming in various regions, the ability to manage rapid growth, 
      disruptions to networks, competitors and new entrants, changes in 
      product mix, our efforts to establish independent broadband sites in 
      countries where conditions are suitable, our ability to expand our 
      offerings of content in entertainment and education, and various other 
      factors beyond the Company’s control.