Sales and distribution

RNS Number:9840L
Jumpit ASA
13 November 2006


13 November 2006


                                   Jumpit ASA
                       Sales and distribution Agreements


Jumpit ASA ("Jumpit" or "the Company"), the developer of power solutions for
handheld devices, is pleased to announce two new sales orders and distribution
agreements for Russia (CIS) and the Middle East region.


Mobile Energy, a Russian company which is established by Russian investors in
order to be the distributors of Jumpits products in Russia/CIS, has placed a
guaranteed order worth USD 225,000 for immediate delivery. Under an agreement
between the two companies, Mobile Energy will become Jumpit's sole distributor
in the region from 2007, both for the disposable batteries and for other
rechargeable products, such as Jumpit's Multi Charger, which formed part of the
first order.


i2 Mobile (Itsalat), one of the largest distributors of phones and accessories
in the Middle East and Africa, has placed an order of 100,000 units of Jumpits'
disposable batteries. The first order is delivered and paid for, and the
forecast for further orders over the next 12 months is promising.


Mr. Petter Kleppe the CEO commenting on these two new agreements said:


"I am very happy to see that our efforts to open up new markets are now
translating into product orders. We are hopeful that both relationships will
develop important new revenue streams. We remain committed to extending the
reach of Jumpit's products and are actively engaged in opening up new markets."


                                    - ENDS-

Enquiries:

Jumpit             Petter Kleppe, Chief Executive Officer   + 47 48 16 89 90
Hanson Westhouse   Bill Staple                              020 7601 6100
LLP                Anita Ghanekar
                   Martin Davison
Cardew Group       Tim Robertson                            020 7930 0777
                   Sofia Rehman






                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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