Sona Mobile develops NYRA online solution

NEW YORK -- (PRESS RELEASE) -- Sona Mobile Holdings Corp. (OTC Bulletin Board: SNMB) ("Sona Mobile"), a leading provider of secure software solutions for gaming and entertainment, announced today that it has completed the Express Funding functionality of the Internet Wagering Application for the New York Racing Association ("NYRA") as part of Phase II of a previously announced agreement between both parties. Under the terms of the agreement, Sona Mobile was contracted to develop a web-based wagering platform for NYRA which allows racing fans to access real-time racetrack information and securely place wagers on all races. Phase I of the project included online registration, access to track information and online wagering capabilities. NYRA, which owns and operates the three largest racetracks in New York, will pay Sona Mobile the remaining 50% of the development funds following the launch of Phase II.

Express Funding is the new way for NYRA Rewards Program members to fund their accounts. Members making personal check deposits, including electronic funds transfer requests, will now receive immediate credits to their account. The new and unparalleled functionality is offered as part of the NYRA Rewards Program and is free to its members. The Express Funding program enables eligible users to have immediate access of up to $500 in any single transaction per day, which will be instantly available in their NYRA Rewards account.

Shawn Kreloff, chairman and CEO of Sona Mobile, stated, "The NYRA Rewards Program is arguably one of the country's most attractive account wagering programs with some of the best racing content in the industry. NYRA's use of Express Funding paves the way for Sona to continue to develop and release innovative enhancements to the system, and these enhancements are already being tested by our Research and Development team."