GnosySoft Ltd

Nicosia, Cyprus (November 11th, 2010) – GnosySoft Ltd., one of the leading turnkey digital signage solution providers (designing, installing, operating, maintaining and creating content) for airports, banks and malls, is proud to announce that it has won the Viscom Digital Signage Best Practice Awards 2010. The company partnered with Minicom Digital Signage (MDS), a leading provider of advanced media distribution and innovative management solutions for the Digital Signage industry, for the Digital Signage (DS) project in the Larnaka International Airport in Cyprus.

The DS Best Practice Awards is one of the industry’s most prestigious awards for such projects in Europe. It was delivered at the Viscom Frankfurt annual exhibition, where innovative digital signage projects are honored for their efficient planning and creative implementations. The Award aims to honor both the client and the contractor, giving equal prominence to usefulness to the viewer/observer and realization of innovative DS networks.

Larnaca Airport’s DS installation, was conceived in such a way as to provide a pleasant experience for its 5 million passengers and to create a modern approach for its sales and advertising. This network comprises over 350 displays at 8 different venues, using MDS transmission units (DS Vision 3000) which provide HD media distribution and display control. By using significantly less cabling and electricity, this solution thereby dramatically reduces infrastructure requirements, costs and environmental impact. This installation illustrates GnosySoft’s and MDS expertise capable of designing, operating, managing and maintaining a DS network capable of providing maximum exposure at minimum cost, while improving the airport’s user experience.

George Roushas, GnosySoft Managing Director says: “It is a great honor to be awarded the Digital Signage project at the new Larnaka International Airport by AdAirport Media, ClearChannel and Hermes Airports because it has the makings of a once in a lifetime opportunity. Our biggest challenge in 2009 was designing, installing and managing the DS project with our strategic partners, Minicom Digital Signage and Scala, our DS software providers. We managed it by introducing a risk management program that ensured that potential for failure was identified early on in testing so that the final installation was guaranteed to be a success. As a result, we are delighted to be the winner of the Viscom Award for 2010 with Minicom Digital Signage! I am indebted to the digital signage team at GnosySoft for their hard and innovative work, our strategic partners MDS and Scala for our flawless collaboration and our client AdAirport Media Ltd. for believing in a small company to undertake this challenging project.”

André Koitzsch, Minicom Digital Signage Sales Director for Europe, says: “MDS is very proud to be the winner of the Viscom Award with GnosySoft this year! By winning this Award, MDS is showing that its business model of working with local partners in order to guarantee local customers' satisfaction is a successful formula. GnosySoft is MDS' long term partner and a valuable asset for our local business in Cyprus. As proven by this Award, MDS products, which are installed at the Larnaca Airport, provide an effective and innovative solution for network owners. In the future, this solution will be able to be further enhanced with MDS' ScreenGate Management Gateway which allows network operators to control and monitor their complete network according to the specific needs of the airport’s installation.”

About GnosySoft

GnosySoft Ltd. is one of the leading turnkey (designing, installing, operating, maintaining and creating content) digital signage solution providers for airports, banks and malls. It was established by a team of software engineers, consultants, animators and web developers with the purpose of providing professional solutions to clients in order to maximize profit and growth for businesses. Through the combination of different IT solutions, the company has reached a high level of hybrid IT knowledge which has been applied successfully to its ever-increasing clientele. GnosySoft focuses on knowledge of information technology and takes an innovative approach to web design, web marketing, digital signage systems and the operation and maintenance of IT systems. Its motto is "Bee innovative".

GnosySoft is a subsidiary of the GnosyColony Group.

About GnosyColony

GnosyColony Group Ltd is a family of four companies: GnosySoft, GnosyMentor, GnosyAnimation, and GnosyArt. In Greek, the word “Gnosys” defines a broad and mature understanding or knowledge of a topic. Applying interdisciplinary knowledge of this nature is at the core of the Group's activities.

GnosyMentor leverages technology, leadership, and management experience in order to assist individuals, teams and enterprises in developing to their full potential. Its motto is "Bee wise".

GnosyAnimation is a change agent in the creative world of visual effects and 3D animation that focuses on creating dynamic solutions for television, digital signage, and cartoon films. Its motto is "Bee 3D".

GnosyArt's focus is the promotion of artists and their work. It strives to create awareness and reach buyers and collectors of creative arts through exhibits, e-media and a focused web presence for individual artists worldwide. Its motto is "Bee creative".

About Minicom Digital Signage (MDS)

Minicom Digital Signage is the leading provider of advanced media distribution and innovative management solutions for the Digital Signage industry. Its solutions allow the distribution of rich content from a media player to multiple digital displays located hundreds of meters away, offering advanced remote monitoring and control capabilities. Its mission is to offer integrators and distributors media infrastructure solutions with the highest added value at the lowest capital and operational costs. With more than 400 thousand screen displays powered and offices and partnerships all over the world, Minicom Digital Signage is the recognized leader in providing innovative and comprehensive solutions to the ever-growing challenges and requirements of the Digital Signage industry.

Contacts for more information:

GnosySoft George Roushas Managing Director Tel: +357 22 2525 22 Fax: +357 22 2525 24 Direct Line: +357 22 2575 40 www.gnosysoft.com

GnosyColony Carlos Ayala Chief Operating Officer (COO) Tel: +357 22 2525 22 Fax: +357 22 2525 24 Direct Line: +357 22 2575 41 www.gnosycolony.com

Minicom Digital Signage Nathalie Garson Marketing Manager Tel: +972 2 640 40 43 www.minicomdigitalsignage.com