May 14, 2007
M1 launches Mobile eMail service with OceanLake Commerce
Affordable Mobile eMail arrives in Singapore
Toronto, Canada and Singapore – May 14 2007. OceanLake Commerce Inc. (OLI-TSX Venture) confirmed today that the carrier referred to in its previous announcement on April 25, 2007 is one of Singapore’s leading mobile carriers, M1 (M1 – Singapore Stock Exchange). M1 has launched M1 Mobile eMail based on the OceanLake MobileMail platform. It is available today to M1 customers.

“We are very pleased to be working with M1 to provide the OceanLake MobileMail platform to support their launch of M1 Mobile eMail. ” commented William Car, President and CEO of OceanLake. “Working with M1 is further demonstration of progress in execution of our expansion strategy in Asia. We continue to see growing interest in our product portfolio in the region. ”

M1 Mobile eMail is built on the OceanLake MobileMail platform which polls the pre-configured email accounts and immediately sends a notification via text message to a person’s phone if there is an email waiting. The user can then choose to open the message in their phone to view it. Reply and forward can also be done from the phone itself. By using industry standard text messaging and mobile browsers available on nearly all in market mobile phones, the OceanLake solution provides a broader market reach than any other solution and simplifies the learning curve for new users who are already very familiar with these technologies.

“M1 Mobile eMail combines ease of use with push notification across multiple email accounts at a price that is very affordable for Singaporeans.” said Sharon Tan, Consumer Marketing Director of M1. “The OceanLake platform allows us to launch M1 Mobile eMail with the ability to work on the devices our customers already have and enjoy, making it even more cost effective. This is mobile email for everyone. ”

Integration and support services will be provided out of OceanLake’s Asia Pacific head quarters locally in Singapore.

About M1
M1, Singapore's most exciting and innovative mobile and IDD service provider, was launched in April 1997. Since then, it has made significant inroads into the local mobile communications market, gaining considerable brand presence and market share. M1 aims to be the leader in personal voice, business and data communications, focusing on value, quality and customer service. More information on M1 is available at www.m1.com.sg.

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. OceanLake platforms support direct to consumer offerings as well as the advanced mobile commerce applications and content stores offered by mobile operators to their own subscribers.

OceanLake Commerce is a publicly traded company on the Toronto Venture Exchange under the symbol OLI. It currently has offices in Singapore and Toronto, Canada. For more information, please visit www.oceanlake.com.

This document may contain forward-looking statements, relating to OceanLake's operations or to the environment in which it operates, which are based on OceanLake‘s  operations, estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or are beyond OceanLake‘s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. OceanLake disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For more information about OceanLake, please visit www.OceanLake.com

Contact:
William Car
CEO, OceanLake
wcar@oceanlake.com
1-416-637-3501