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Degama Software Solutions Stakes Its Claim in Northern Brazil With New Smartphone App Contract
GlobeNewswire
2010-10-12

   DGMA LOI Converts to Agreement With Additional Opportunities
                              in Tow

Degama Software Solutions, Inc. (Pink Sheets:DGMA) is pleased to
announce today that it has secured a contract with Absoluta
Imóveis (AI), the highly regarded Real Estate Brokerage firm in
Rio Grande de Norte, Northern Brazil. Degama entered into LOI with the
firm last month and has solidified an Agreement with AI which includes
real estate listings for several firms via smartphone technology.

"The success we're cultivating in Brazil is satisfying to say the
least," states Degama Software CEO Seijin Ki. "Brazil, both North and
South, is a very large market and one of the world's most progressive.
The real estate market is booming in Brazil and our goal with strategic
partnerships here is to pioneer a uniform/standardized means of
displaying real estate listings on a smartphone. We are assured that
the opportunity is here for the taking, which would position us well to
become a leading competitor for real estate smartphone app development
and geolocation integration."

Degama is currently in discussion with a number of real estate firms in
Brazil via its strategic alliance and is confident that it will secure
a good percentage of firms for contracts, creating a new 'must-have'
for real estate firms, both large and small, to effectively monetize
their business model and attract a reliable consumer base.

One such firm with which Degama has entered discussions is a large real
estate business in Sao Paulo. Degama anticipates an LOI with Agreement
to follow in the very near future.

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, the ability to obtain financing and regulatory and
shareholder approvals for anticipated actions.

Release Prepared by NMR, LLC


CONTACT:  Gerrard Hollister Investor Relations
          1 (310) 909-7988
          DGMA@gerrardhollister.com
          www.gerrardhollister.com





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