MOBI Sky-Mobi Limited ADS (MM)

Sky-mobi Limited (Nasdaq:MOBI) ("Sky-mobi" or the "Company"), a leading mobile application store and mobile social network community operator in China, today announced that the Company will present at the upcoming Cowen 39TH Annual Technology Media & Telecom Conference to be held in New York City on June 1st.

The Company's CFO, Carl Yeung, will present Wednesday, June 1, 2011, at 8:45am. Details are as follows:

Presentation Time:	June 1, 2011 at 8:45am – 9:25am ET
Location:	Fahnestock, 5th Fl.
	The New York Palace Hotel
	455 Madison Avenue
	New York, NY 10022

About Sky-mobi Limited:

Sky-mobi Limited operates the leading mobile application store in China as measured by revenues in 2009, according to Analysys International. The company works with handset companies to pre-install its Maopao mobile application store on handsets and with content providers to provide users with applications and content titles. Users of its Maopao store can browse, download, and enjoy a range of applications and content, such as single-player games, mobile music, and books. The Company's Maopao store enables mobile applications and content to be downloaded and run on various mobile handsets with different hardware and operating system configurations. The company also operates a mobile social network community in China, the Maopao Community, where it offers mobile social games, as well as applications and content with social network functions to its registered members. The Company is based in Hangzhou, the People's Republic of China. For more information, please visit: www.sky-mobi.com.

The Sky-mobi Limited logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8458

CONTACT: Sky-mobi Limited
         Mr. Carl Yeung, CFO
         Phone: + (86) 571-87770978 (Hangzhou)
         Email: ir@sky-mobi.com
         
         CCG Investor Relations
         Mr. Athan Dounis
         Phone: +1-646-213-1916
         Email: athan.dounis@ccgir.com