724 Solutions Shares its Vision for the Unwired Lifestyle™ at CTIA Wireless 2005

Michael Luna, CTO, to present 724's vision for IP migration and the Unwired Lifestyle™

Santa Barbara, CA, (March 11, 2005) - 724 Solutions (NASDAQ: SVNX; TSX: SVN), a leading provider of next-generation IP-based network and data services, today announced that during the industry's leading technology event, CTIA Wireless 2005, Michael Luna, 724 Solutions Chief Technology Officer, will present and participate on a panel of industry experts entitled "Internetworking: IP on Everything," to be held on Monday, March 14, 2005 from 3:30 to 5:00 PM in room 261-262. Mr. Luna's presentation will discuss issues and challenges faced by operators migrating to the all IP network.

At the show, 724 Solutions will showcase how their solutions power the Unwired Lifestyle™ by enabling mobile network operators to build communities of like-minded users with relevant and personalized premium content services. As fixed and mobile networks converge, 724 Solutions will enable mobile operators to preserve those communities by extending the reach of IP-based services to those end-users. Visit 724 Solutions at www.724.com or at booth 2619, located in hall C to learn more about our vision for the Unwired Lifestyle™.

About 724 Solutions
724 Solutions (NASDAQ: SVNX; TSX: SVN) delivers reliable, scalable technology and solutions that allow mobile network operators to rapidly deploy flexible and open next generation IP-based network and data services. Additionally, in conjunction with mobile operator partners, the company provides a series of actionable alerting solutions to enterprises to assist them in lowering operating costs and improving customer relationship management. 724 Solutions is a global company with development operations in Canada and Switzerland with its corporate office in Santa Barbara, California. For more information, visit www.724.com.


For more information, contact:

Avichai Levy, VP Marketing Mobixell Networks
Tel: +972 544 666 785
Avichai.levy@mobixell.com

Kirsten Scott and Kim Smith, éclat Marketing
Tel: +44 (0)1276 486000
mobixell@eclat.co.uk

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