Artificial Life Helps You to Manage Your Assets on the Go!


Announces Intelligent Financial Portfolio Manager

HONG KONG and LOS ANGELES, Feb. 15, 2011 -- Artificial Life, Inc (OTC Bulletin Board: ALIF) (http://www.artificial-life.com), a leading full service provider of award-winning smartphone and tablet technology and applications, announces today their upcoming Portfolio Manager product, an easy-to-use, innovative mobile financial portfolio management application.

The Portfolio Manager mobile app will meet the changing demands of on-the-go business people who rely heavily on their mobile devices as they manage their business and financial assets.

The Portfolio Manager is based on the Company's proprietary artificial intelligence powered SmartEngine(TM) technology which allows very efficient analysis of complex data sets and messages such as financial news and alerts, creating and analyzing investor profiles, managing investment knowledge, and comprehensively automating messaging and social media interactivity (for feeds and postings, alerts, responses, etc.). These alerts will help users of the Portfolio Manager app to stay abreast of market developments and market news to assist with financial decision making.

The Portfolio Manger has many attractive features catering to the business community and the savvy financial investor:

o Optimize Investments: The Portfolio Manager analyzes performance-related
financial data in real time and gathers updated market information with
methods usually only available to expert financial analysts. Taking into
consideration the individual's risk profile, the most appropriate asset
allocations are automatically determined to minimize risk and maximize
return.

o Performance Analysis: Investors can compare the performance of multiple
securities and alternative portfolios evaluating various risk and return
measurements and interactive charts. The user interface is very easy to
use, intuitive and optimized for investment evaluations and analysis of
complex data sets.

o Personalized Portfolio Recommendations: When starting the app, the
program first evaluates user's needs and risk profiles before
recommending optimized investment portfolios. Later changes in
investment objectives automatically trigger the program to rebalance the
user's portfolio recommendations. Securities are automatically
recommended for sales or re-evaluated if they are not performing to
expectation.

o Sophisticated alerts: The Portfolio Manager can be set up to
automatically send custom alerts in real time to users when the change
of an underlying asset value like for example a stock price drop will
substantially change the risk/return profile of a user's preferred
portfolio.

o Friends help Friends: A unique feature of the Portfolio Manager is the
tight integration of sophisticated social network features. Users of the
app can automatically send and receive alerts to/from their friends
about changes in their respective portfolios. Friends can also share
risk profiles, asset allocations, news analysis and return statistics
among other useful data.

The Portfolio Manager app is scheduled for release in Q2, 2011 for several platforms including iPhone/iPad iOS, Android, and Windows Phone 7 in versions optimized for both handheld mobile and tablet devices.

The business model will be a fremium model with a basic version free for all users, with the option to purchase more sophisticated functionality and features for added value against subscription fees.

The Company plans to also offer branded and custom versions for financial institutions.

"The release of the Portfolio Manager for smartphones and tablets shows our commitment to one of Artificial Life (ALIF)'s 2011 key objectives: to establish ourselves as a leader in mobile business apps and to further penetrate the mobile business content space with very innovative products," said Eberhard Schoneburg, CEO of Artificial Life, Inc.

About Artificial Life, Inc.
Artificial Life, Inc. has been a pioneer in artificial intelligence and mobile technology since its inception in Boston in 1994. We are a public US corporation (OTC Bulletin Board: ALIF) with listing on the Frankfurt Stock Exchange (Frankfurt: AIF.F; Xetra: AIF.DE) and headquarters and production center in Hong Kong. We have additional offices in Berlin, Germany (EMEA headquarters), Tokyo, Japan, and Santa Monica, USA. Currently our main business areas are: high quality (3D) interactive (massively multiplayer) mobile games, mobile participation television, mobile business applications, our powerful mobile commerce technology platform OPUS-M(TM) and our green IT solutions provided by Green Cortex, Inc. We have won many industry awards for our outstanding technology and products.

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SOURCE Artificial Life, Inc.

CONTACT: Adeline Law of Artificial Life IR Contact and PR, +852-3102-2800, ir@artificial-life.com /

Web Site: www.artificial-life.com

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