Microsoft Reaches for Clouds and Deepens Mobile Possibilities With Planned MobiComp Acquisition

REDMOND, Wash. — June 26, 2008 — Microsoft Corp. today announced it intends to acquire MobiComp, a company that helped pioneer technologies allowing the backup and restoration of mobile data and mobile posting of social content to Web sites such as Facebook. The acquisition would combine MobiComp’s expertise building innovative mobile data protection and sharing services with Microsoft’s vision to provide compelling experiences that span work and play across mobile phones, the Web and PCs. Terms of the planned acquisition are not being disclosed.

“People expect their phones to deliver the best experiences from PCs and the Web right to their pockets,” said Todd Peters, corporate vice president in the Mobile Communications Business at Microsoft. “Investing in the right solutions from companies like MobiComp will extend the capabilities of Windows Mobile and Windows Live to help us provide the most innovative and seamless way to stay connected.”

The Portugal-based company is known for a variety of breakthrough mobile services including MobileKeeper Backup & Restore, MobileKeeper Sharing & Communities, and Active mTicker. These services help mobile operators and people around the world back up personal content stored on a phone, publish updates to online communities, and get entertainment and news content delivered to phones.

“Like Microsoft, we’ve always believed in an open and innovative mobile platform and deep industry partnerships,” said Carlos Oliveira, co-founder and CEO of MobiComp. “We’re thrilled that our work over the past eight years can now be extended by partnering with Microsoft’s world-class portfolio of mobile services.”

MobiComp will contribute to a rapidly expanding list of offerings from Microsoft’s Mobile Communications Business while continuing to serve its existing partners and customers, which include 11 mobile operators worldwide. Fifty handset makers build on the Windows Mobile platform, and 160 mobile operators in 55 countries carry Windows Mobile phones. The services of Windows Live, including one of the largest free instant messaging services and blogging services, run on every major mobile operating system worldwide.

“We’re extremely pleased with this announcement, which reflects our country’s leadership in innovative technology,” said Nuno Duarte, general manager of Microsoft Portugal. “It highlights the success of our prime minister’s economic policies and serves as proof of Microsoft’s commitment to the partnership signed between Portugal’s government and Bill Gates two years ago. Following several top companywide awards for Microsoft Portugal, this is further evidence of our visibility in Microsoft’s worldwide efforts.”

About MobiComp

MobiComp is a Braga, Portugal-based software services company, founded in 2000 , that provides mobile operators and consumers innovative security and access to information while mobile.

About Microsoft

Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

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