KODIAK NETWORKS AND WESTMINSTER FINANCE & MARKETING PARTNER TO DELIVER PUSH-TO-TALK (PTT) AND ADVANCED VOICE SERVICES SOLUTIONS THROUGHOUT WEST AFRICA

Companies Plan Aggressive Roll-out of Kodiak Real-time Exchange Systems to African Network Operators

SAN RAMON, CA and ACCRA, GHANA – June 29, 2005 – Kodiak Networks and Westminster Finance & Marketing (WFM) Ltd., today announced a reseller agreement for the deployment of the Kodiak Real-time Exchange™ (RTX) System throughout West Africa. This partnership promotes the delivery of Push-to-Talk (PTT) and Advanced Voice Services (AVS) applications to African network operators seeking to increase wireless usage, revenue and market share.

Under the terms of this agreement, Kodiak and WFM will collaborate on systems integration, joint marketing, training and ongoing support of Kodiak’s full product portfolio including the Kodiak RTX System and AVS applications. WFM will also support Kodiak SIMpower™, an innovative thin client which enables AVS functionality on existing GSM handsets. These voice applications include instant calling (PTT), instant group conferencing, real-time availability/presence updates and instant voice messaging.

“We are pleased to be working closely with Kodiak to deliver these advanced wireless systems and innovative voice applications to African operators,” said Dr. Felix Kwame Semavor, Ph.D., president and CEO, Westminster Finance and Marketing, Ltd. “The overall functionality of the Kodiak RTX System and broad range of PTT-enabled handsets allows us to quickly deploy these solutions to operators, advancing the time frame in which they can meet market demand for these new services.”

“Our partnership with WFM signals a major milestone for Kodiak, as it expands the distribution of the Kodiak RTX System throughout West Africa,” said F. Craig Farrill, president and CEO, Kodiak Networks. “The Kodiak RTX System performance, innovative voice applications and handset client offerings are well positioned to meet the wireless needs of these nations and their growing economies. Teaming with WFM, we look forward to enabling African wireless carriers to rapidly deploy reliable voice services to businesses, government sector and many first-time wireless customers.”

About Kodiak Networks
Kodiak Networks (www.kodiaknetworks.com) is the leading advanced wireless systems innovator for network operators worldwide. The Kodiak Real-Time Exchange™ (RTX) System enables operators to deliver premium, integrated wireless voice services to their customers with guaranteed Quality of Service (QoS). With the best overall performance, fastest speed and lowest latency in the industry, the Kodiak RTX enables a new category of Advanced Voice Services (AVS), including instant availability, instant voice calling, group conferencing and instant voice messaging. Kodiak Networks offers GSM, CDMA and UMTS instant voice systems that can be easily scaled from independent operators to multinational carriers utilizing 2G or 3G wireless networks. Kodiak handset software and thin client is available on handsets produced by leading manufacturers including Samsung, Nokia, Motorola, LG, Kyocera, TCL/Alcatel, PalmOne, SAGEM and others. Kodiak Networks actively contributes to and supports international industry standards from OMA, ANSI, ETSI, ITU, IETF, 3GPP, and 3GPP2.

About Westminster Finance & Marketing, Ltd.
Westminster Finance and Marketing (WFM), Ltd. is an innovative finance, investment and marketing firm registered and domiciled in the Republic of Ghana, West Africa. The company provides professional finance and marketing services to governments and corporate entities in the West African sub-region.

WFM has close relationships with telecommunications service providers and provides structured project finance and marketing advice on value added product development and launching. The company strategy is based on innovation and creativity which enables them to deliver comprehensive finance and marketing solutions for new product development in the telecommunicationsmarket.

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