January 17, 2008 OceanLake to provide MobileMail Service to SUN Cellular Philippines Toronto, Ontario, Canada and Singapore – January 17, 2008 – OceanLake Commerce Inc. (OLI-TSX Venture, OLIKF.PK) announced today that it has entered into a managed services agreement with Digitel Mobile Philippines, Inc (DMPI). Under the terms of the agreement, Digitel Mobile Philippines, also known for its corporate brand Sun Cellular, will provide OceanLake MobileMail as a value-added service to its subscribers. OceanLake MobileMail is an affordable, real-time, push e-mail service that will empower Sun Cellular subscribers with the ability to send and receive e-mail with any internet-enabled mobile phone or PDA at a fraction of the cost of other solutions in the market place. “Our agreement today with Sun Cellular is indicative of our commitment to expand the global reach of our popular MobileMail service for the benefit of both carriers and their subscribers,” said Tony Poulos, Managing Director of OceanLake Asia. “We look forward to a longstanding relationship with Sun Cellular that adds new revenue streams for their business and strengthens customer loyalty with an affordable, real-time, mobile e-mail service to its corporate and consumer base.” Unlike competitive offerings, OceanLake’s MobileMail service is configured simply through a web interface and does not install on devices. With OceanLake’s MobileMail service, subscribers are getting ‘smart phone like’ email functionality at a fraction of the cost. OceanLake’s Asia Pacific headquarters are in Singapore and will be providing local implementation and support services for Sun Cellular. About Sun Cellular Digitel Mobile Philippines, Inc. (DMPI) is one of the Philippines’ leading mobile telecommunications company known by its corporate brand name Sun Cellular. A wholly owned subsidiary of Digital Telecommunications Philippines (DIGITEL), Sun Cellular is the pioneer of the intra-network unlimited wireless services in the country’s mobile telecommunications industry. In September 2001, DIGITEL established DMPI to provide wireless public and private telecommunication services. On December 11, 2002, DMPI was granted a congressional franchise to construct, install, establish, operate, and maintain telecommunications systems throughout the Philippines through RA 9180. In August 2003, the National Telecommunications Commission (NTC) formally recognized DMPI to operate and maintain a nationwide Cellular Mobile Telephone Service (CMTS). On March 29, 2003, DMPI commercially launched its wireless mobile services under the Sun Cellular brand offering the latest in GSM technology, provisioning voice services (local, national, international calls), messaging services (short text or multi-media messaging), outbound and inbound International Roaming, and Value Added Services. Today, Sun Cellular has the most economical and unmatched products and services for its subscribers such as the 24/7 Call and Text Unlimited (CTU) and 24/7 Text Unlimited (TU) under the Prepaid Services, Sun Group Plans 999 and Fixed Load Plans under the Postpaid Services and IDD Top 10 under its International Services. 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 world of the Internet to the mobile device has led OceanLake Commerce to develop a number of world-class products and services. OceanLake Commerce 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 imercion is a mobile service delivery platform that creates retail storefronts ready for the mobile device. imercion includes OceanLake MobileGateway for the optimization of mobile browsing experiences that transparently enable users to visit any Internet site through their mobile phone with superior experiences. OceanLake MobileMail is a real-time mobile email product that enables every consumer with a mobile phone to cost effectively use email on their mobile device. OceanLake has also launched its own direct to consumer mobile email service, meemo (www.meemo.com) in North America based on the MobileMail platform. 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. 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: Leo Tignini Horn Group ltignini@horngroup.com +1(646)688-0590 For investor enquiries please contact: Will Car CEO, OceanLake Commerce wcar@oceanlake.com +1(416)637-3501