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OceanLake's MobileMail Enters Eastern European Market
OceanLake’s Mobile Mail to be offered by VELCOM – the largest mobile carrier in the Republic of Belarus

Toronto, Ontario CANADA, Singapore April 21, 2008 - OceanLake Commerce Inc. (TSXV: OLI; OLIKF.PK) is pleased to report that VELCOM, the largest wireless carrier in Belarus has entered into an agreement to make OceanLake’s Mobile Mail available to more than 3 million of its subscribers. The service will be marketed under the name Vm@il and will form an integral component of VELCOM’s mobile Internet strategy. VELCOM is a subsidiary of Telecom Austria and is recognized as a leader in value-added and innovative telecommunications services.

“With Vm@il, VELCOM’s subscribers will have the ability to send and receive e-mail and view attachments from up to three e-mail accounts of their choice – all from virtually any mobile phone,” said William Car, OceanLake’s President and CEO. “This exciting relationship will drive revenue for VELCOM, OceanLake and IFG Telecom/YB26 Telecommunications, OceanLake’s strategic partners in the region and greatly raise the visibility of OceanLake’s services in the broader Eastern European market”.

VELCOM is the largest mobile carrier in Belarus and has been successfully implementing an aggressive growth strategy by delivering exceptional services combined with innovative and appealing products and services. OceanLake’s Mobile Mail service will be a building block in the Velcom product strategy.

OceanLake MobileMail is a full-featured mobile email service. It works by polling the user configured email accounts and sends a notification via text message to the user’s phone if there is an e-mail waiting. In that text message is a link that if opened will automatically launch the browser on the phone and take the user to their inbox. 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. MobileMail also provides calendaring and address book functionality to ensure users have all of their information on the go. Calendar events can also have reminders configured so that the user receives a text message with event details ensuring that nothing is forgotten or missed.

Across Eastern Europe, and particularly in Belarus, data-ready mobile phones serve as an important and cost-effective way for people to access e-mail and the Internet. OceanLake’s Mobile Mail is bringing the full potential of e-mail to regions such as Belarus where there are modern mobile networks but limited penetration of personal computers and fixed-line internet connectivity.

OceanLake continues to market MobileMail and meemo throughout the world directly and through partners. Interest and demand for the mobile email offerings continues to be strong and OceanLake expects to continue to add more customers in more countries on a regular basis.

For more detailed customer and product information, please go to www.oceanlake.com

About OceanLake Commerce

OceanLake Commerce (TSX: OLI) provides mobile enabling products that meet the mobile connectivity requirements of service providers and telecommunication carriers, content owners and developers. OceanLake has also developed its own direct to consumer strategy, providing a mobile email service that has been branded as “meemo”.

OceanLake’s meemo service is based on its proprietary product called OceanLake MobileMail. Mobile enabling is the process of delivering internet content in a fashion that is accessible to mobile users, worry-free for network managers and strategic for business. OceanLake’s mission is to offer a single source of mobile enabling technology and to service and support mobile internet requirements at all levels. OceanLake is focused on one of the largest and fastest growing segments of the global mobile telecommunications market: the delivery of mobile services. OceanLake’s unique and proprietary architecture allows e-mail, web pages, images, music, games, video, ring tones and wallpapers to be delivered to and experienced by users in a reliable and consistent manner on every model of internet-enabled phone and PDA in use globally.

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.

For more information about VELCOM, please go to http://www.velcom.by/en/

Inquiries

For investor enquiries please contact:

Will Car
CEO, OceanLake Commerce
wcar@oceanlake.com
(416)637-3501

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