X-treme Mobility Gateway and NetFront v3.0 Browser Enable Next-Generation Data Services for Mobile Network Operators

Toronto, Ontario / Tokyo, Japan / Fremont, CA, USA – October 29, 2002 – 724 Solutions (NASDAQ:SVNX; TSX: SVN), a leading provider of next-generation IP-based networks and data services, and ACCESS (Tokyo Stock Exchange: 4813), a global provider of software and services for IP-based consumer electronics devices, announced the interoperability of ACCESS’ NetFront v3.0 browser technology and 724 Solutions X-treme Mobility Gateways. The interoperability of the two products provide mobile network operators with the opportunity to use NetFront-enabled handsets powered by the Wireless Application Protocol (WAP) 2.0 established infrastructure from 724 Solutions.

As mobile network operators evolve from circuit-based to packet-based networks, they have a critical need for an Internet Protocol gateway that demonstrates high availability, scalability, flexibility and attractive total cost of ownership. 724 Solutions’ X-treme Mobility Gateways are designed to deliver these core values. They provide support for WAP 1.x, WAP 2.0, Short Messaging Service and Multimedia Messaging Services. Other features include: full system management, flexible configuration, and seamless integration with most networking infrastructure, content conversion, and security and traffic optimization. Geographic distribution and fail-over functionality are also key elements.

NetFront v3.0 is a full-featured and efficient browser with sophisticated modularity, covering a broad range of appliance profiles from mobile phones to digital televisions. With more than 72 million licenses sold and powering 177 different consumer electronics Internet devices from more than 40 major manufacturers, NetFront is the most widely used embedded browser in the world.

“Having NetFront v3.0 acceptance demonstrates that the X-treme Mobility Gateways enable mobile operators to truly support open standards, including WAP 2.0,” said John Sims, CEO of 724 Solutions. “Together, 724 Solutions and ACCESS have a leadership offering to mobile network operators who are looking to provide valuable next-generation data services to their subscribers.”

“Mobile network operators can now take advantage of not only two great technologies, but two global companies with experience in wireless services,” said Toru Arakawa, CEO of ACCESS, Co. Ltd. “With our interoperability, we can provide a powerfully scalable, secure and proven wireless data solution to mobile operators throughout the world.”

About 724 Solutions Inc.

About ACCESS Co, Ltd.
ACCESS Systems America, Inc., is the U.S subsidiary of ACCESS Co. Ltd. of Tokyo, Japan (Tokyo Stock Exchange: 4813), a leading global provider of software and services for IP-based consumer electronics devices. The company’s NetFront suite of browser software powers over 177 different commercial products worldwide including mobile phones, digital televisions, set-top boxes, PDAs and car navigation systems. ACCESS’ Compact NetFront microbrowser is most widely deployed in phones for NTT DoCoMo’s popular i-mode service. To date, more than 72 million ACCESS software licenses have shipped from more than 40 major Internet device manufacturers. ACCESS Systems America is based in Fremont, CA. More information is available at www.access-us-inc.com.


This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements include the statements herein regarding: the services and products that will be offered by 724 Solutions, the benefits that businesses will obtain from these services and products and future demand for these services and products. The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including the risk that 724 Solutions will be unable to deploy the solutions and products stated herein, the risk that the demand for these solutions and products, or for 2.5G and 3G networks, will not increase as presently anticipated and other risks described in 724 Solutions’ Securities and Exchange Commission filings, including its annual report on Form 10-K. These risks are also described in 724 Solutions’ filings with the Canadian Securities Administrators. 724 Solutions does not undertake any obligation to update this forward-looking information, except as required under applicable law.


Contacts

Asia Contact:
ACCESS Co., Ltd., Japan

Kazunori Takahashi
81 (3) 5259-3685
prinfo@access.co.jpcom
Europe Contact:
ACCESS Systems Europe GmbH
Claudia Hoeck
49 (208) 8290-6432
hoeck@access-sys-eu.com
US Contacts:
ACCESS Systems America
Manuel Morales
(510) 284-0708
mmorales@access-us-inc.com
Antenna Group Public Relations Carrie Bonforte
(415) 977-1925
carrie@antennagroup.com