Article: AskMeNow to Acquire Karrell Pty Limited, a Leading Pari-Mutuel Wagering Services Co.; Acquisition Will Enable AskMeNow to Offer Real-Time Pari-Mutuel Wagering to Mobile Customers.

IRVINE, Calif. -- AskMeNow, a wholly owned subsidiary of Ocean West Holding Corporation (OTCBB: OWHC), today announced that it has entered a definitive agreement to acquire Karrell Pty Limited. Karrell the holding company for a fully licensed Australian wagering services company, Capital Play Pty Limited, provides access to North American pari-mutuel horse racing pools for its customers and advised AskMeNow that it generated more than $110 million in horse racing wagers in 2005. The acquisition will enable mobile users to place real-time wagers via their mobile phones through the AskMeNow service anywhere it is legally permissible.

"AskMeNow's acquisition of ...

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