DGMA Degama Software Solutions Inc (CE)

Degama Software Solutions, Inc. (Pink Sheets:DGMA) CEO Seijin Ki announces today that the company has entered discussions with a Market leader in Software App Marketing & Advertising to take its software to the next level with extensive branding and exposure. The company with which Degama has entered discussions is based in India and would be marketing Degama's dynamic geolocation based social networking mobile/web app, VascoNow™.

"With respect to our prospective partner, we will only announce their company details once both parties have arrived at a firm Agreement," states CEO, Ki. "Having said that, discussions have progressed to the point where we are confident to share this promising news with partners and shareholders alike. Further, it's very likely that we will have finalized terms by the end of this month and will release details immediately thereafter."

Initial discussions raised Degama interest and expectations toward developing and implementing a strong brand in line with the compelling software application. "We recognize our strengths and also areas in which we would be best served with strategic partners. Advanced Technology and applications therein are our forte; having a partner to put a 'face' to this technology toward mass recognition will be a primary goal in positioning VascoNow for success," adds Ki.

Degama's prospective partner, under current discussions, plans to sell advertising as well as promotional and loyalty programs for VascoNow™ to major brands in the hospitality and travel industries, among several other Agreement features which would prove "extremely lucrative for Degama," states Ki. "Our focus in the coming days will be in closing this deal toward a mutually beneficial partnership that we feel will inevitably lend itself to remarkable progress for VascoNow™ and toward overall growth for Degama Software Solutions."

About Degama Software Solutions, Inc.

Degama Software Solutions, Inc. is a leading edge technology company that develops and markets proprietary location based software solutions and applications for consumers and businesses. Degama Software Solutions, Inc. is a publicly listed company (Pink Sheets:DGMA).

Degama Software Solutions Inc., (Degama) markets and builds applications, or "apps" to make it simpler and more enjoyable for people to share information and get things done together. In a vast world, Degama helps people navigate through their days and travels while at the same time staying connected to their friends, family and the world.

Degama is committed to developing and delivering the best products. As mobile devices become increasingly central to people's lives, we work hard to help you get the information you need when you are on the go. For more information about Degama Software Solutions please visit www.degamasoftwaresolutions.com

Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

CONTACT:  Degama Software Solutions, Inc.
          Seijin Ki
          info@degamasoftwaresolutions.com