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StarMedia and Akumiitti Bring Wireless Entertainment Technology To Latin America StarMedia Mobile Will Integrate and Offer Leading Finnish Mobile Internet Platform to Expand Wireless Operator Offerings

NEW YORK, Jul 19, 2000 /PRNewswire via COMTEX/ -- StarMedia Network, Inc.
(Nasdaq: STRM) ( http://www.starmedia.com ), the leading Internet media company
for Spanish- and Portuguese-speaking audiences worldwide, today announced an
agreement with Akumiitti, a leading developer of wireless software applications,
to integrate Akumiitti`s Entertainment Service Center 2 (ESC 2) platform to
StarMedia Mobile`s technology and service offering. The partnership expands
StarMedia Mobile`s service offerings for wireless operators, enabling them to
provide subscribers with unique value added services such as customized mobile
telephone ringing tones, icons, and picture messaging.

Under the terms of the agreement, StarMedia Network`s wireless division will
have rights to distribute Akumiitti`s ESC 2 platform to Latin American mobile
operators. Developed by Finnish company Akumiitti, ESC 2 is the first wireless
platform product designed to support large-scale deployment of value added
services in today`s GSM, TDMA and CDMA networks. As part of the agreement, the
content for the platform will be provided by Wireless Entertainment Services
(WES), an innovative, global digital content provider for the wireless networks.

"By bringing Akumiitti`s expertise in wireless technology to Latin America, we
enable regional mobile operators to diversify and enhance their service
portfolio with unique personalization tools," said Enrique Narciso, General
Manager of StarMedia Mobile, the wireless division of StarMedia Network, Inc.
"Our partnership with Akumiitti demonstrates our mission to provide an
end-to-end, turn-key solution for wireless carriers throughout the Spanish- and
Portuguese-speaking world."

The ESC 2 platform allows subscribers to download ringing tones and icons from a
wide variety of content offerings. In addition, the ESC 2 platform includes a
ringing tone composer and icon editor that allows users to compose their own
ringing tones and edit their own personal icons in the service provider`s
website. ESC 2 offers a high degree of scalability, enabling operators to
capitalize on today`s fast-growing markets for digital cellular services.

"StarMedia Network`s leadership in the region allows us to gain an extensive and
important customer base in a burgeoning market," said Ilkka Castern, Director of
Marketing and Sales for Akumiitti. "By partnering with the leading mobile
Internet enabler for wireless carriers in Spanish- and Portuguese-speaking
markets, we can put our wide range of wireless Internet services directly into
the hands of users."

Strong growth is predicted for wireless services in Latin America. According to
IDC, the number of wireless subscribers in Latin America is expected to grow to
191.5 million in 2003.
 
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