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Zi Corporation Retains Placement Agent for Financing
CALGARY, ALBERTA -- (MARKET WIRE) -- February 23, 2007 -- Zi Corporation (TSX: ZIC) (NASDAQ: ZICA), a leading provider of intelligent interface solutions for mobile devices, today announced that it has entered into a placement agent agreement with a United States-based firm specializing in private investments in public companies to act as the Corporation's placement agent in connection with a proposed private placement in the United States (the "Private Placement") of up to US$10 million of Corporation units ("Units").

Each Unit will be immediately separable and consist of: i) one Corporation common share priced at 90 percent of the volume weighted average trading price of the Corporation's common shares on the Nasdaq Global Market for the five trading days preceding the date of closing; and ii) 0.20 of a warrant where each whole warrant shall be exercisable for the purchase of one Corporation common share. The warrants shall have a term of five years from the date of closing and an exercise price per common share equal to 120 percent of the volume weighted average trading price of the Corporation's common shares on the Nasdaq Global Market for the five trading days preceding the date of closing.

The proceeds of the Private Placement are intended for general corporate purposes. The Private Placement will be conducted on a best efforts basis and is subject to certain conditions including regulatory approval.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, or applicable state securities laws, and may not be offered or sold in the United States absent registration or an exemption from the registration requirements.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Zi Corporation

Zi Corporation (www.zicorp.com) is a technology company that delivers intelligent interface solutions to enhance the user experience of wireless and consumer technologies. The company provides device manufacturers and network operators with a full range of intuitive and easy-to-use input solutions, including: eZiType™ for keyboard prediction with auto-correction; eZiText® for one-touch predictive text entry; Decuma® for predictive pen-input handwriting recognition; and the Qix™ search and service discovery engine to enhance the user experience and drive service usage and adoption. The Zi product portfolio dramatically improves the usability of mobile phones, PDAs, gaming consoles and television set-top boxes and the applications on them including SMS, MMS, email and Web browsing. Zi supports its strategic partners and customers from offices in Asia, Europe and North America. A publicly traded company, Zi Corporation is listed on NASDAQ (ZICA) and the Toronto Stock Exchange (ZIC).

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ZI Corp. Added to Bellwether Watch List
2/20/2007

Feb 20, 2007 (M2 PRESSWIRE via COMTEX News Network) --
Good communication has never been so eZi. Zi sells embedded predictive text input software to wireless handset providers, operating system developers, and set-top box makers. Its eZiText software enables e-mail, messaging, and Web browsing using shorthand in almost any language over cellular phones, PDAs, and other limited keyboard devices. A receiver for four Lancer Group companies holds about 49% of Zi's shares. Chairman and interim CEO Michael Lobsinger owns 12% of the company. Zi acquired Sweden-based Decuma in 2005.

Shares were down 2% since introducing QixLinks and QixLinks Ads.

BellwetherReport.com is a leading online research firm for international investors looking to get an edge over their portfolio. Investors seeking the most up to date information on ZI Corp. are invited to sign up for a free complimentary subscription to www.bellwetherreport.com. No credit card needed!

Zi Corporation, a leading provider of intelligent interface solutions, announced the introduction of QixLinks(TM) and QixLinks Ads(TM), two radical new developments of its award-winning on-device search and discovery engine Qix(TM). These products will offer users direct access to portal content and advertisements, driving greater ARPU for operators.

QixLinks and QixLinks Ads are targeted to deliver the top 1,000 high-value mobile content and advertising keywords to users. Qix offers the ability to showcase select operator content and hand-off to standard mobile search vendors for accessing other content. QixLinks enables discovery and repeated use by including natural language words a user might think to enter to find content.

"Qix already removes barriers to revenue producing features on a phone and with the introduction of QixLinks has now extended this competency to include mobile content and advertising," said Milos Djokovic, President and CEO, Zi Corporation.

"We are looking for really simple ways for customers to use our services. We found in our trials that Qix has helped customers use their phones more, and has helped them discover services that they weren't otherwise using. QixLinks is a simple way to bring new services to customers," said Matthew Dove, Head of Email and Internet Products, T-Mobile UK.