Verizon Wireless Forms Relationship With Skyzone Entertainment For Marquee Game Titles From South Korea

SAN FRANCISCO, BASKING RIDGE, NJ, and FORT LEE, NJ — On the eve of the CTIA WIRELESS I.T. & Entertainment 2007 show in San Francisco, Verizon Wireless, the leading wireless company with the nation's most reliable wireless voice and data network, and SkyZone Entertainment, Inc., a leading international mobile entertainment publisher, today announced that SkyZone will provide Verizon Wireless customers with greater access to innovative game products in South Korea. Backed by SK Group, the third largest conglomerate and leader in mobile, technology and Internet services in South Korea, SkyZone delivers premium-brand and original Made for Mobile™ gaming applications. Through this relationship, new titles from SK Telecom (NYSE: SKM) in South Korea will be published under SkyZone and will be available to Verizon Wireless customers through the company's Get It Now^® service.

"South Korea is a sophisticated mobile market and is a leader in mobile game innovation," said Ryan Hughes, vice president of digital media programming for Verizon. "SkyZone's success in bringing top-quality games from this market to the United States provides our customers access to an even broader portfolio of quality titles with proven appeal among gamer-centric cultures."

"SkyZone is committed to working with the latest technology to bring true innovation into the marketplace," said Key N. Sar, vice president, strategy, business development and marketing of SkyZone Entertainment. "Our current relationship with Verizon Wireless is a testament to our deep experience in mature gaming markets, our trusted relationships with both developers and carriers, and our proven ability to replicate the Asian formula for success in mobile games, allowing us to extend that same exciting content to new audiences."

SkyZone has set the standard for the next-generation of mobile games, offering a full line-up of richly textured 3D graphics and games that feature multiplayer connectivity between PC and mobile platforms. Notable titles under SkyZone's portfolio include Duke Nukem Mobile 3D, Extreme Hangman™, Snake Mayhem 2, Rocky™ Boxing, as well as the million-unit worldwide downloaded Scoop Twist franchise. Looking ahead, SkyZone is set to embark on a new era of mobile games that takes advantage of the latest technology and increasing penetration of 3G-enabled phones.

"This relationship with Verizon Wireless marks a significant shift in our development and publishing pipeline," said Bob Shireman, SkyZone's chief publishing officer. "Verizon Wireless customers have come to expect only the best in terms of entertainment options available on their phones, and that is precisely what we are now in a position to deliver."

Conundrum, the first game title from the relationship, is available on more than 50 Get It Now-enabled phones, including the new Chocolate by LG and the LG VX9400. The next title, Jewel City, is expected to become available on select Get It Now-enabled phones later this year. Charges for Get It Now applications vary and airtime charges apply when browsing, downloading and using certain applications. Customers need a Get It Now-enabled phone and Verizon Wireless digital service to access the Get It Now virtual store.

For more information about Verizon Wireless products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to www.verizonwireless.com.

About Verizon Wireless
Verizon Wireless operates the nation's most reliable wireless voice and data network, serving more than 62.1 million customers. The largest U.S. wireless company and largest wireless data provider, based on revenues, Verizon Wireless is headquartered in Basking Ridge, N.J., with 67,000 employees nationwide. The company is a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE and LSE: VOD). Find more information on the Web at www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.

About SkyZone Entertainment
SkyZone Entertainment, Inc. creates and delivers exciting "Made for Mobile™" content that meets emerging consumer demand for gaming over multiple mobile phone networks and home entertainment devices. Through a network of investors and partners such as SK Group, SkyZone draws on an advanced Korean legacy of network interoperability and publishing innovation to offer cutting-edge games and brand name applications featuring 3D graphics, networked multiplayer environments and trans-medial access to telecommunications carriers and mobile gamers around the world. For more information, visit www.skyzonemobile.com.

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