MobiClear, Inc. Postpones Annual Shareholder Meeting

Updated Meeting Details to be Determined

MobiClear, Inc. (OTCBB: MBIR – Deutsche Borse: B3CA), http://www.mobiclear.com, an identity protection technology provider, has postponed its annual shareholder meeting scheduled for March 14th, 2008. A new date for the company’s annual shareholder meeting will be scheduled within the upcoming quarter.

Pursuant to the Securities Exchange Act of 1934, as amended, following the scheduling of the annual meeting and fixing of a record date, a proxy statement will be mailed to all shareholders of MobiClear as of the record date. The proxy statement will contain instructions on how a shareholder can vote either in person at the meeting or by other means as set forth therein.

About MobiClear, Inc.

MobiClear, Ltd. specializes in electronic Personal Identification Verification (PIV) solutions in connection with credit/debit card transactions. MobiClear’s multi-gateway solution (U.S. patent pending) offers proactive security in all forms of electronic business environments including Internet shopping, business-to-business procurement transactions, and retail shopping with credit and debit cards. MobiClear estimates that credit and debit card fraud on the Internet and in brick and mortar stores is growing to $20 billion annually. MobiClear’s answer to this problem is a secure and user-friendly identity solution that works across the globe. In addition, MobiClear’s identification service ensures safe and secure trade over the Internet, which in turn, promotes both e-trade activity and invoice payments online.

Forward-Looking Statements

The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s analysis only as of the date hereof. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date thereof.

Contacts

The Investor Relations Group
Investor Relations:
Katie Nahnybida, 212-825-3210