BROADBAND MEDIA COMPANY AMARU INC. ANNOUNCES FIFTH STRAIGHT YEAR OF PROFITABILITY
M2B Brand Grows Consistently Year-Over-Year; Expansion Achieved Through Diversified Portfolio of Investments, Acquisitions and Strategic Partnerships

Hollywood, CA /Singapore – April 12, 2006 – US-based Amaru, Inc. (AMRU), a Nevada corporation, today announced that the company has secured profitability for the fifth consecutive year and is currently on track with the launch of new businesses and expansion into new markets this year.

The company announced that its generated revenue more than quadrupled year-over-year, from $4 million USD in 2004 to $18 million USD in 2005. Net income after tax was lower at $0.17 million in 2005 compared to $0.51 million in 2004, due mainly to significant investments by the company in product development, marketing, the set up of the US server infrastructure in San Jose and the recruitment and retaining of talent to propel its corporate growth strategy. The total asset value increased by approximately five times, growing from $4.5 million in fiscal year 2004 to $20.7 million in 2005. Amaru Inc. also secured $16.2 million USD, before commission and consulting fees, in private placement from accredited investors last year.

“Our performance in 2005 underscores the continued profitability of our model since we re-structured into a diversified portfolio of businesses and pushed ahead into full-fledged operations at the end of 2004,” said Colin Binny, Chairman and CEO of Amaru Inc. “Continued growth this year is expected to be powered by the multiple revenue streams. In particular, we will focus on our signature projects - namely the Global Broadband TV service and the M2B World Travel broadband platform which will launch online in the second half of 2006.”

The Global Broadband TV service, slated for launch in 2006 with over 40 channels of streaming videos, will offer entertainment choices across a wide variety of genres that have been acquired through deals with Hollywood studios, foreign and independent film distributors and via original productions by M2B. Available to broadband users worldwide, the 40 channels of on-demand content are delivered to the television screen through an innovative set-top box that incorporates video-conferencing and messaging features. Amaru Inc. is also planning to launch localized marketing in Japan, Australia and Canada this year to promote the service.

The M2B World Travel platform, announced in December 2005, is backed by a global agreement with Amadeus, a leading GDS in the global travel industry. It will offer both a competitive online booking engine and on-demand related entertainment targeting a worldwide customer base. In a recent announcement, M2B World Travel reported that it has signed an agreement with China International Travel Services (Sichuan province) to gain a strong foothold to tap the huge potential of the China market.

Amaru, Inc. is focused on building its leadership in broadband media entertainment by delivering to consumers the content and applications to create their own comprehensive personalized media experiences, ultimately satisfying the demands of today’s consumers who are seeking entertainment and education content that are available on-demand.

 
About Amaru Inc. (AMRU) and M2B
Amaru, Inc., a Nevada corporation, through its subsidiaries under the M2B brand, is a leader in the Broadband Media Entertainment business, and a major provider of interactive Entertainment-on-demand, Education-on-demand and e-commerce streaming over Broadband channels, Internet portals, and 3G devices. To date, the Company has launched multiple Broadband TV websites for Hollywood and Asian entertainment, education and online shopping, with over 100 channels designed to cater to various consumer segments and lifestyles. Its content covers diverse genres such as movies, dramas, comedies, documentaries, music, fashion, lifestyle, edutainment, and more. The M2B brand has established its competitive edge by offering access to an expansive range of content libraries for aggregation, distribution and syndication on Broadband and other media; including rights for merchandising, product branding, promotion and publicity.
Globally, Amaru Inc and M2B are expanding through several integrated companies including:
1. M2B World Inc – leads the US market and is based in Hollywood, CA.
2. M2B World Pte Ltd – directs the Asian markets through its Singapore office and representative office in Shanghai, China
3. M2B Australia Pty Ltd – oversees Oceania markets
4. M2B Entertainment Inc. – oversees Canadian market
5. M2B Commerce Limited – focuses on e-commerce and e-trading
6. M2B World Travel Limited - offers e-travel services
7. M2B Game World Pte Ltd – develops online gaming platforms and content
8. M2B Commerce Ltd (Cambodia) – oversees Cambodian market
9. Amaru Holdings – drives content syndication and distribution
M2B offers consumers personalized entertainment through its wide range of broadband streaming channels available at www.m2bworld.com.
 
Safe Harbor Act
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. For full statement, please refer to www.m2bworld.com
 

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