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Smith Micro Software Acquires Assets Of Tatara Systems' Inc. Mobile Broadband Group

Oct 29, 2008
Acquisition Adds Technology and Engineering Strength for Connectivity and Security Product Line

ALISO VIEJO, CA - Smith Micro Software, Inc. (NASDAQ:SMSI), a leading developer and marketer of software solutions and services for the wireless market, today announced that it has acquired certain assets relating to the Mobile Broadband Business unit of Tatara Systems, Inc. in a cash purchase. These assets include certain intellectual property, patents and technology related to the broadband connectivity space. The acquired products include connection management software and mobility gateway software to support Authentication, Authorization and Accounting (AAA) for carrier deployments. In addition to acquiring the technology, Smith Micro will also attain some of the engineering team responsible for development of these products and services.

"With the growth and adoption of broadband mobile subscriptions on a global basis, we continue to expand and enhance our technology solutions," said William W. Smith Jr., President and CEO of Smith Micro Software. "Tatara also had leading wireless carrier customers that will expand our footprint in North America and Europe and which we will begin serving immediately. The acquisition of this outstanding team of engineers from Tatara Systems Mobile Broadband Group, combined with the gateway technology they've developed, will help us to further consolidate our leading position in the connectivity arena."

About Smith Micro Software, Inc.:

Smith Micro Software, Inc., headquartered in Aliso Viejo, California, with offices in Europe and Asia, develops mobile connectivity solutions that enable people to connect, share, distribute and manage information over wireless and wired networks. Smith Micro's complete lines of products are available through Smith Micro's Wireless, OEM, and Enterprise Sales groups and direct from its websites, retail and value-added resellers (VARs). Smith Micro's common stock trades on the NASDAQ Global Market under the symbol SMSI. For more information, please visit: http://www.smithmicro.com.

Safe Harbor Statement:
This release may contain forward-looking statements that involve risks and uncertainties, including without limitation forward-looking statements relating to the company's net revenues guidance for fiscal 2008, its financial prospects and other projections of its performance, the company's ability to increase its business and the anticipated timing and financial performance of its new products and potential acquisitions. Among the important factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements are changes in demand for the company's products from its customers and their end-users, new and changing technologies, customer acceptance of those technologies, new and continuing adverse economic conditions, and the company's ability to compete effectively with other software companies. These and other factors discussed in the company's filings with the Securities and Exchange Commission, including its filings on Forms 10-K and 10-Q, could cause actual results to differ materially from those expressed or implied in any forward-looking statements. The forward-looking statements contained in this release are made on the basis of the views and assumptions of management regarding future events and business performance as of the date of this release, and the company does not undertake any obligation to update these statements to reflect events or circumstances occurring after the date of this release.

Smith Micro and the Smith Micro logo are registered trademarks or trademarks of Smith Micro Software, Inc. All other trademarks and product names are the property of their respective companies.

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