GeoSentric, China Unicom and Shanghai Rannuo to launch GyPSii mobile-location services at the Beijing 2008 Olympic games


Largest Mobile Social Networking Global Launch On-record                        

GeoSentric Oyj (GyPSii) (OMX: GEO1V), the world's leading geo-location and      
mobile social networking provider has partnered with China Unicom (HKSE: 0762;  
NYSE: CHU) and Shanghai Rannuo to launch its GyPSii service during the 2008     
Olympic Games in Beijing. Focused on offering real time mobile location based   
content for users in China, GeoSentric will introduce the GyPSii platform to the
world's largest population of mobile phone subscribers. The launch at 2008's    
premier global event also represents the largest mobile geo-social networking   
launch on record.                                                               

The GyPSii service combines social networking, mobile, location and web 2.0     
technologies to offer China Unicom's 150 million users a seamless mobile        
lifestyle experience. It will allow users to create pictures, video and blogs   
centered on all things Olympic while using their existing camera phone. GyPSii  
users can capture their special moments during the Olympic Games, upload the    
content to their personal space on www.gypsii.com.cn and share it with friends, 
family and communities. The users can also search other GyPSii User Generated   
Content (UGC), people and points of interest and get maps and directions to     
their location - all from their mobile phone. GyPSii, Unicom and Shanghai Rannuo
will promote the use and development of the mobile social network, and together 
cultivate a market for the location based services business.                    

The partnership marks a significant line-up between a leading telecommunications
operator in China and a global software enterprise. The presence of GyPSii      
enriches the mobile content value chain, and provides strong support to the     
social networking service, which will soon be launched throughout the Unicom    
Group network. The Unicom Group has a 30.7% market share of total subscribers in
the service area.                                                               

Mr. Shen Yingchao, General Manager of Shanghai Rannuo Information Technology    
Co., Ltd said, “UGC and social networking are the future, and the GyPSii service
will help drive the value added business to new heights.  Thanks to our close   
partnership with Unicom and GyPSii, Rannuo will continue to provide our long    
standing services to users and significantly enhance our offering in time for   
the Olympic Games.”                                                             

“The 2008 Olympic games will represent a momentous occasion in Chinese history”,
says Dan Harple, Chairman and CEO of GyPSii. “Partnering with Rannuo and Unicom 
will help deliver a brand new mobile experience to Chinese subscribers, and     
we're delighted that GyPSii will be responsible for delivering it to them.  The 
user segment promises to be the largest ever seen for a mobile geo-social       
networking community, and we're excited to be facilitating that with GyPSii.”   

The GyPSii service will be available to Unicom users in March 2008 at           
www.gypsii.com.cn.                                                              

20.2.2008                                                                       
GEOSENTRIC OYJ                                                                  


For press and analyst inquiries please contact:                                 
North America: communications@gypsii.com                                        
EMEA: gypsii@the-cc-group.com                                                   

Investor Relations: investors@gypsii.com                                        

Distribution:                                                                   
OMX Nordic Exchange Helsinki                                                    
Principal news media                                                            


About GeoSentric Oyj (GyPSii)                                                   
GyPSii connects people, places and communities across networks and devices; a   
geo-location social networking platform and mobile lifestyle application suite  
for mobile, web & set-top box devices. (www.gypsii.com).                        

About Rannuo                                                                    
Rannuo is a Shanghai based high-tech IT Company that has a full China Value     
Added Service (VAS) certificate (No. B2-20040257) issued by the Ministry of     
Information and Industry (MII), this certificate allows Rannuo to provide       
Internet and VAS services to mobile users in China. In addition to its Shanghai 
HQ, Rannuo operates several branch offices in Tianjing and Sichuan provinces,   
providing value added services such as mobile-internet, mobile location, SMS,   
WAP, IVR and ring tone.                                                         

About China Unicom                                                              
China Unicom is one of the 2 mobile operators in China with more than 151M      
subscribers, China Unicom is the only mobile operator that owns and operates    
both a GSM and a CDMA network. China Unicom also operates its own data-telecom  
network, long-distance telephone network and broadband Internet network,        
providing full suite of voice, data and value-adding services to its            
subscribers. China Unicom's major solution including the well-known “World      
Wind”, “Ruyitong”, “U.Power”, “New Horizon”, and “New Century 133” brands.      
  
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