Flashman Studios/Transmission Games deal

San Francisco, California – March 03, 2009 – Flashman Studios, a leading business management firm in the interactive entertainment industry, announced today that it has finalized an agreement with Transmission Games, an Australian game development studio that has been creating award-winning, top-selling multi-platform titles for over 10 years. Under the agreement, Flashman Studios will handle business management responsibilities for the studio, including negotiation of new deals with publishers and first party platforms.

“The folks at Transmission have a clear focus on developing industry leading titles across several different platforms, and have a strong reputation for delivering great aerial combat, sports and action-adventure games,” said Brad Young, founder and CEO of Flashman Studios. “We’re looking forward to working together with Transmission to further their success and explore exciting new business opportunities.”

Transmission Games (formerly IR Gurus) is a globally recognized studio and Australia's leading multi-platform game developer. The studio is currently near shipment on Heroes Over Europe for the PLAYSTATION 3 system, Xbox 360 and Windows PC. Some of Transmission’s earlier titles include AFL Premiership 2006 and AFL Premiership 2007 for the PlayStation®2 computer entertainment system, Heroes of the Pacific for the PlayStation 2 system, Xbox® video game system from Microsoft and Windows PC, and Heatseeker for Wii™ home video game system from Nintendo, PlayStation 2 system, and the PSP® (PlayStation®Portable), among others.

“This is a tremendous step forward for our business,” said Mike Fegan, CEO of Transmission Games. “Flashman has a dedicated team of professionals that are experts in managing development studios and maximizing our business potential. Their track record is beyond impressive, and we can’t wait to be their next successful client.”

Transmission Games is building on their previous successes, with new titles in the works for the Wii, Xbox 360 and PLAYSTATION®3 system. For more information about Flashman Studios, please visit www.flashmanstudios.com. For more information about Transmission Games, please visit www.transmissiongames.com.

#####

ABOUT FLASHMAN STUDIOS:

Flashman Studios represents game developers and intellectual property in the interactive entertainment industry with a particular focus on the videogame market. Flashman Studios offers clients a wide range of expertise, including corporate strategy, sales, marketing, public relations, business development, corporate finance and mergers/acquisitions by utilizing the strength of a team-based approach and strong industry relationships. For more information on Flashman Studios please visit: www.flashmanstudios.com

ABOUT TRANSMISSION GAMES:

Based in Melbourne, Australia, Transmission Games is a privately held company. Transmission Games was established in 1996 and has become Australia's leading developer of games for the PlayStation® 3, Xbox® 360, Wii, DS, PSP and PC. In 2003, IR Gurus scored three No.1 hit game titles in the Australian market and embarked on a major expansion into the international interactive entertainment business. International success with Heroes of the Pacific, a property developed and owned by the company, Gaelic Games: Football, a Sony first-party production, Equestrian Challenge and Heatseeker has seen Transmission Games cement itself as one of the world's leading independent developers in the stadium sports and combat flight genres.

MEDIA CONTACT:

Jerry Whitehead III

Reverb Communications

(209) 586-3675 ex. 111

jerry@reverbinc.com