Agreement of Joint Filing

EXHIBIT 7

Agreement of Joint Filing

The undersigned hereby agree that a single Schedule 13D or Schedule 13G (or any amendment thereto) relating to the Common Stock of 724 Solutions Inc. shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13D or Schedule 13G.

Dated: May 24, 2004

AUSTIN VENTURES VI, L.P.		/s/ Xxxxx Xxxx
By AV Partners VI, L.P.,		Signature
Its General Partner
		Xxxxx Xxxx
		Chief Financial Officer/Attorney-In-Fact
AUSTIN VENTURES VI AFFILIATES FUND, L.P.
		/s/ Xxxxx Xxxx
By AV Partners VI, L.P.,		Signature
Its General Partner
		Xxxxx Xxxx
		Chief Financial Officer/Attorney-In-Fact
AUSTIN VENTURES VIII, L.P.		/s/ Xxxxx Xxxx
By AV Partners VIII, L.P.,		Signature
Its General Partner
		Xxxxx Xxxx
		Chief Financial Officer/Attorney-In-Fact
AV PARTNERS VI, L.P.		/s/ Xxxxx Xxxx
		Signature
		Xxxxx Xxxx
		Chief Financial Officer/Attorney-In-Fact

AV PARTNERS VIII, L.P.		/s/ Xxxxx Xxxx
		Signature
		Xxxxx Xxxx
		Chief Financial Officer/Attorney-In-Fact
XXXXXX X. XXXXXXX		/s/ Xxxxx Xxxx
		Signature
		Xxxxx Xxxx
		Chief Financial Officer/Attorney-In-Fact
XXXXXXX X. XxXXXXXXX		/s/ Xxxxx Xxxx
		Signature
		Xxxxx Xxxx
		Chief Financial Officer/Attorney-In-Fact
XXXXXXX X. XXXXXX		/s/ Xxxxx Xxxx
		Signature
		Xxxxx Xxxx
		Chief Financial Officer/Attorney-In-Fact
XXXXXX X. XXXXXXX		/s/ Xxxxx Xxxx
		Signature
		Xxxxx Xxxx
		Chief Financial Officer/Attorney-In-Fact
XXXXXXXXXXX X. XXXXXXX		/s/ Xxxxx Xxxx
		Signature
		Xxxxx Xxxx
		Chief Financial Officer/Attorney-In-Fact

XXXX X. XXXXXXXX		/s/ Xxxxx Xxxx
		Signature
		Xxxxx Xxxx
		Chief Financial Officer/Attorney-In-Fact
XXXXXX X. XXXXXX		/s/ Xxxxx Xxxx
		Signature
		Xxxxx Xxxx
		Chief Financial Officer/Attorney-In-Fact