MOBI Sky-Mobi Limited ADS (MM)

Sky-mobi Limited (Nasdaq:MOBI) ("Sky-mobi" or the "Company"), a leading mobile application platform in China, today announced that the Company has filed its annual report on Form 20-F that includes its audited financial statements for three years ended March 31, 2014 with the Securities and Exchange Commission on July 30, 2014. The annual report can be accessed on Sky-mobi's investor relations website at http://ir.sky-mobi.com/ or the SEC's website at www.sec.gov. The Company will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.

About Sky-mobi Limited

Sky-mobi Limited is a leading mobile application platform in China. 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 on various mobile handsets with different hardware and operating system configurations. The Company's mobile social network community in China, the Maopao Community, offers mobile social games, as well as applications and content with social network functions to its registered users. The Company is based in Hangzhou, China. For more information, please visit: http://en.sky-mobi.com.

CONTACT: Investor Relations Contact:
         Sky-mobi Limited
         Mr. John Bi, Chief Financial Officer
         Phone: + (86) 571-8777 0978 (Hangzhou, China)
         Email: investor.relations@sky-mobi.com
         
         ICR, LLC
         Chenjiazi Zhong
         Tel: +1 (646) 915-1615
         Email: investor.relations@sky-mobi.com