MANILA, Philippines, LAGUNA HILLS, Calif. and HARRISON, N.Y., Oct. 20 /PRNewswire-FirstCall/ -- mobiclear, Inc. (OTC Bulletin Board: MOBI; Frankfurt: B3CA), (www.mobiclear.com) , owner of the unique, patent pending Personal Identification Verification solutions system to help eliminate credit and debit card fraud, announced today that it has contracted with Telwise Corporation, Harrison, New York, a full service Internet Telephony Service Provider, for Telwise to provide telephonic connectivity for mobiclear.

Founded in 2004, Telwise offers Voice over IP (VoIP) and Virtual Private Network solutions over managed IP networks. mobiclear will utilize Telwise's VoIP system to send telephone calls for the users of credit cards utilizing mobiclear's PIV security.

"mobiclear's PIV technology requires an immediate PIN confirmation by phone from the card holder for a credit card transaction to be approved. This provides an extraordinary new level of protection to eliminate credit card fraud or misuse," said Stephen P. Cutler, mobiclear CEO. "We are pleased with the service provided by Telwise and believe they will be an excellent partner for us as we move forward in providing our services."

Jaime Dula-Mallari, V.P. of Management Information Systems, Telwise Corporation, said, "Integrating Telwise's unique solutions with mobiclear PIV technology has extended the requirements and securities to fight credit card frauds. Our innovative solution will help to expand and reach the market for both companies and drive new revenue to our customers. These ventures have combined the strength of both parties, mutually beneficial to each other and bring a cost-effective solution to the marketplace."

About Telwise Corporation:

Telwise Corporation (Harrison, New York). (www.telwise.us), is an FCC telecom licensed operator offering Service Providers, Enterprise customers and select partners a suite of next generation voice and data solutions. Our innovative solutions enable service providers to build converged network and to offer network based "plug and play" voice and data services for their residential and enterprise markets. Enterprise customers also deploy Telwise services within their own networks to take advantage of the obvious economies of a single multi-purpose IP network. Telwise has built a robust, reliable IP network infrastructure around the globe, with our own managed POPs in the U.S., Canada, Philippines, UK, Hong Kong, China and with our select partners as well as our global strategic alliance.

About mobiclear:

mobiclear, Inc. (OTC BB: MOBI; Frankfurt: B3CA), (www.mobiclear.com), headquartered in Manila, Philippines, offers a range of solutions to credit card and debit card fraud based on its patent-pending Personal Identification Verification system. It also offers products to ensure against fraud in all electronic transactions, including telephone and Internet transactions.

Note: Certain statements in this news release may contain "forward-looking" information within the meaning of rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. We use words such as "anticipate," "believe," "expect," "future," "intend," "plan," and similar expressions to identify forward-looking statements. These statements including those related to being in a large and growing market, exhibiting rapid growth characteristics, and having a growth strategy, are forward looking statements. These forward looking statements are only predictions and are subject to certain risks, uncertainties and assumptions. Some of the risks, uncertainties and assumptions that could cause actual results to differ materially from estimates or assumptions in this press release include the risk that we will not be able to grow our revenues and market share, the risk that our prices do not remain competitive and the risk that we will not achieve profitability. Additional risks are identified and described in the Company's public filings with the Securities and Exchange Commission, including our most recent Report on Form 10-KSB, and Reports on Form 10-Q and Form 8-K. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events, or circumstances after the date of such statement.

    CONTACT: mobiclear, Inc.
    Paul Knopick
    E & E Communications
    (949) 707-5365
    investorrelations@mobiclear.com
    pknopick@eandecommunications.com

SOURCE mobiclear, Inc.