FSC / Press Release
 
Apex Communications Group and OceanLake form alliance to penetrate Malaysian mobile market
 
Santa Clara, CA, Toronto, ON, Singapore, Kuala Lumpur - December 22, 2004. OceanLake Commerce Inc. (TSXV:OLI) is pleased to announce that Apex Communications Group has agreed to distribute OceanLake.s products in Malaysia. The agreement allows Apex Communications Group to add OceanLake.s suite of products to overall offerings and also supplies Apex with the ability to provide mobility solutions to existing customers and a value add when approaching new customers. For OceanLake, this agreement opens a host of opportunities in Malaysia as well as a strong and well respected Malaysian representation when approaching and working with Malaysian companies.
 
Apex and OceanLake have worked together over the last short period to determine the potential market size and customer base and have concluded that the opportunities available in Malaysia warrant a formal arrangement.
 
"We have spent the last couple of months sourcing new business in Malaysia and have found that our potential customers require local representation when working with international companies," said Steven Moya, CEO of OceanLake. "And we are eager to continue to work with such a strong Malaysian partner to add customers to our collective portfolios in the very near term."
 
"Apex is happy to add OceanLake's products to our portfolio," said Armanudin Abdullah, Senior General Manager, Apex Communications Group. "We believe the timing to offer mobility in the Malaysian market is now and the simplicity of OceanLake.s products will allow us to offer a much greater value to our customers."
 
OceanLake and Apex Communications have already begun aggressive sales and marketing efforts in Malaysia and will also work together on potential regional opportunities.
 
More information about OceanLake and its products can be found at www.oceanlake.com.
 
About Apex Communications Group
The APEX Communications Group is a stable of manufacturing and service companies dedicated to the growth and development of the communications industry. Committed to delivering a comprehensive range of communications products, quality systems and services in a rapidly changing communications environment, the Group made this niche industry its core business focus after a restructuring exercise in 1992. To reflect its new business goals and strategies, the group adopted its new name, APEX Communications in 1995.
 
Since its establishment in 1989, the Group has grown to become one of the leading providers of communications products and services in Malaysia. APEX Communications Sdn. Bhd. together with its wholly-owned subsidiary, APEX Technologies Sdn. Bhd. is a provider of digitalized telecommunications network systems, services and equipments as well as cutting-edge technology in broadcasting systems and equipments.
 
About OceanLake Inc.
OceanLake provides mobile Internet-enabling software for corporate enterprises, financial institutions, service providers, and telecommunications carriers. OceanLake's flagship product, mScope, immediately enables any existing Internet infrastructure to be accessed from any Internet-enabled wireless device in real-time, including the dynamic content of enterprise-wide applications such as sales force automation and customer relationship management. The only device- and platform-agnostic "drop-in" product of its kind, mScope seamlessly integrates into any Web-based application for fast, easy and cost-effective deployment with no need for additional application development. Future OceanLake products will include voice navigation, voice authentication, location-based services and streaming. OceanLake is dedicated to helping businesses access critical resources through mobile devices, allowing people to "take the world with them." The company has offices in Singapore, Tokyo, Toronto and Modesto, CA.