Me‘globe- [exe ers FOR IMMEDIATE RELEASE Telestic, Inc. Launches Meglobe™ Beta Next-Gen Instant Messaging service translates between 15 different languages April 1, 2008 - LOS ANGELES, CA. Today Telestic, Inc. launched beta testing for its Instant Messaging (IM) offering, Meglobe™. Created to eliminate language barriers from online communication, Meglobe™ will revolutionize online communication by offering users the ability to collaborate with each other across languages and culture by integrating an IM platform with state of the art language translation technology. Users participating in the closed beta test will have the opportunity to test a preview version of Meglobe. Through Beta testing, Telestic will refine the user interface and technology used in Meglobe to offer users around the world the most intuitive, seamless multi-lingual experience possible. Key features of Meglobe include: IM Transtation Engine ~MeGlobe’s Translation Engine provides seamless communication across multiple languages by allowing users to type in their native language and instantly translating their message into the native language of whomever they are chatting with. Contributions — Users are able to contribute to the translations engine through the ability to edit system-provided translations to increase accuracy. The edits then become a part of the knowledge base and in effect teach Meglobe™ to become a better translator. This feature addresses many of the shortcomings associated with machine translation and brings a new level of collaboration to machine translation. Stand-alone Translator ~ Users can practice their language skills by interacting with the stand-alone Translator. Utilizing the same translation engine used in the IM system it will instantly translate messages between 15 different languages. aoa Seen Poe eee EaMe‘globe- To learn more about Meglobe™ please visit: http://meglobe.com. Inquiries can also be directed to info@meglobe.com About Telestic, Inc. Telestic is a next generation communications company whose goal is to provide real-time translation services for instant messaging (IM), making communications both synchronous and truly borderless. Telestic will allow people from far corners of the globe, speaking different languages, to communicate easily online. Telestic will be one of the very first companies to apply internet technology to tap synergies between the $10 billion market for translation services and the rapidly growing $1 billion market for user-generated content. Telestic can be found on the web at http:/telestic.com meglobe.com Seen Poe ae Ea