August 27, 2007 Yak Communications Launches Mobilicious, Powered by OceanLake Mobilicious Provides One Stop Shop for Mobile Content through OceanLake’s Imercion Content Delivery Platform Toronto, Canada and Singapore – August 27, 2007 – OceanLake Commerce (OLI-TSX Venture)(OLIKF.PK), a provider of innovative mobile services for consumers, today announced that Yak Communications (Canada) Corp., a wholly-owned subsidiary of Globalive Communications Corp., has launched Mobilicious (www.mobilicious.ca), a one stop shop for mobile content powered by OceanLake’s imercion content delivery platform. Wholly-owned and operated by Yak, Mobilicious is a full service mobile content store where visitors will find a variety of features including: * Mobile wallpapers and games * Ringtones of sound effects and leading independant artists * Up-to-date entertainment and sports news * The ability to upload and share pictures and thoughts with others * yakMail a free outbound email service "Working with OceanLake and leveraging its imercion content platform has allowed us to significantly accelerate our time to market with Mobilicious," stated Ezio D’Onofrio, President and Chief Operating Officer of both Yak and Globalive. "With OceanLake’s platform, we have the flexibility to keep expanding the amount and type of content we can offer to our customers while continuing to build our brand." imercion is a total content delivery platform that offers content providers, content aggregators and telecommunications operators the ability to deliver any type of electronic content to any type of device – fixed or mobile. The platform provides searching, viewing, selection, purchase and download of content by any device from desktop computers to mobile phones. "We are delighted to play an integral role in bringing Yak’s vision for Mobilicious to reality through our imercion content delivery platform," stated William Car, President and CEO of OceanLake. "There is a significant market opportunity for companies with content or strong brands to reach mobile consumers directly with full control over their mobile retail store. We built imercion specifically to address that opportunity." For more information on Mobilicious please visit www.mobilicious.ca. About Globalive Communications Corp Globalive Communications Corp. is a leading provider of next generation telecommunications solutions globally. The company develops innovative applications and delivers first-rate services to clients internationally. Globalive leads the market in hospitality operator services, VoIP, wireless services, hospitality high speed Internet, billing and clearing of call records, competitive payphone services, and low-cost long distance calling for both commercial and residential clients. Globalive is now featuring globaliveInteractive solutions, which is comprised of interactive web, television and mobile applications (including competitions, contests, promotions, polls, text and IVR voting, text-to-screen and news alerts), as well as rich, varied content and full wireless infrastructure. Globalive acquired Yak in November, 2006. Yak’s most prominent long distance offering is 10-10-yak (925), a dial-around long distance service that offers very economical per minute rates. Globalive is an award winning company with several prestigious recognitions including: #1 ranking on the 16th annual Profit 100, Canada’s 50 Best Managed Companies, Deloitte Technology Fast 50, and Canadian Business Magazine’s Top 30 Workplaces in Canada. Most recently, Anthony Lacavera, Chairman & CEO, was named to the celebrated Canada’s Top 40 Under 40 list in 2006. For more information, please visit www.globalive.com or www.canopco.com. About OceanLake Commerce OceanLake Commerce (TSX:OLI) was founded in 1999 as a developer of intelligent mobile technology to deliver richer and more engaging user experiences for the mobile consumer. The desire to bring the engaging world of the Internet to the mobile device has led OceanLake Commerce to develop a number of world-class products and services. Its mobile service delivery platform, imercion, enables the creation of retail storefronts optimized for the mobile device. imercion includes OceanLake MobileGateway, a product that delivers mobile optimized browsing experiences transparently to the user enabling them to visit any Internet site through their mobile phone and have a far superior experience. Recently OceanLake has also developed a real-time mobile e-mail product, OceanLake MobileMail, that enables every consumer with a mobile phone to cost effectively use email on their mobile device. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. For more information about OceanLake, please visit www.oceanlake.com. For media enquiries please contact: Lorne Simon Michael Communications lorne@michaelcommunications.com +1(416)785-5037 For investor enquiries please contact: Will Car CEO, OceanLake Commerce wcar@oceanlake.com +1(416)637-3501