DGMA Enters into LOI With Brazilian Real Estate Firm for
                       Software Development

TORONTO, Sept. 3, 2010 (GLOBE NEWSWIRE) -- Degama Software Solutions,
Inc. (Pink Sheets:DGMA) is pleased to announce that it has secured an
LOI for engagement from Brazcan S.A., a South American Real Estate
company. The forthcoming agreement would include Degama Software
Solutions to provide full-service Smartphone application development
for Brazcan S.A. utilizing Degama's proprietary Geolocation-based
software to serve the North Brazil based firm's commercial needs.

The application, as proposed, would allow users to roam a city center
or highlighted area from their Smartphone on Degama's Geolocation-based
interface to instantly access property locations, detailed information
and extensive abilities such as property comparisons, property
specifications (condo, house, townhouse, apartment, etc.), price
ranges, search saves and setting up appointments directly from their
PDA.

Degama Software Solutions CEO, Seijin Ki, explains, "It's almost too
convenient," he says. "The user simply activates their app and drives
to their desired location; as they enter, be it via wheels or foot,
available properties will begin to 'pop-up' before their very eyes,
pointing out locations that they can then gather key information about
by pressing the corresponding pop-up, bringing up prices, square foot,
pictures, etc. They then, if they choose, can dial the realtor or owner
direct from the app, seamlessly."

Ki comments on the LOI: "This is groundbreaking for Degama as our foray
into a new continent with very close-knit business communities. This
recent progress is very satisfying, but despite the coup, not
necessarily surprising," states Degama Software Solutions, CEO, Seijin
Ki. "We are in discussion with several companies in South America
currently, and across various industries. This initial LOI helps us
work toward taking a strong foothold in a new, technologically
progressive global territory. Each of the companies we are working with
have shown interest in our proprietary VascoNow(TM) application and
also utilizing our Geolocation technology for various purposes."

He adds, "In general, our Applications will enable companies to better
connect with consumers and strategic partners in a world where everyone
is on the go, and where they're going and where they're coming from is
becoming more and more important in advertising, target marketing and
data research. Degama also facilitates a reach across the world wide
web and among various devices to which even months ago, companies did
not have access."

Sarah Kennedy, on behalf of Sabre Holdings, was quoted this last
Tuesday on the dynamism of Geolocation in her own industry:

"These tools are mind-blowing, regardless if discovered in 1990 or
2010.

However, what mind-blowing can't articulate is the long-term revenue
potential for these tools in our industry to-date . . . For
end-consumers, needs that geo-location services can help meet are
abundant. Geo-location offers invaluable data and resulting increase in
advertising relevance to improve the shopping experience . . . The
continued adoption of GPS-enabled smart phones will support (potential
growth areas) and both will be primarily monetized through the
evolution of 'advertising' into 'personalized recommendations.'"

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