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OXYGEN INTERACTIVE EXPANDS RANGE WITH STRATEGIC CRAVE ENTERTAINMENT DEAL

Oxygen to publish Crave Entertainment titles across all PAL territories

Northampton, UK. 23rd Jan 2006 Oxygen InteractiveTM is pleased to announce that it has entered into a strategic partnership with Crave Entertainment, to publish a number of titles through the Oxygen brand. The deal will see Oxygen Interactive publishing multiple big-name Crave licenses across all PAL territories for current and next-gen platforms.

The first fruits of the deal are expected in Q2 2006, further strengthening the Oxygen line-up. Globally recognisable franchises will slot into a range already offering huge mainstream appeal, as the Oxygen brand continues to go from strength to strength.

"We are delighted to strategically partner with Crave Entertainment for the publishing of their high-value titles across Europe and Asia Pacific," said Oxygen's CEO Jim Scott. "With Crave's popular US/NTSC releases available alongside our own upcoming titles, Oxygen now offers an unparalleled entertainment label geared to the unique media consumption needs of lifestyle and leisure gamers."

"We are extremely pleased to have formed a strategic alliance with Oxygen Interactive in the PAL territories," said Mark Burke, senior vice president of product planning and business development for Crave Entertainment. "Oxygen has created an impressive presence with the key channel partners in Europe and Asia pacific in the last two years and this will enable consumers to access our range of mainstream-oriented entertainment products through 2006 and beyond."

About Crave Entertainment

Based in Newport Beach, California, Crave Entertainment is a subsidiary of Handleman Company. Crave, a publisher of videogame entertainment products creates games for the major console platforms including PSPTM (PlayStationPortable) system, Nintendo DSTM, Game Boy® Advance, Nintendo GameCubeTM, the PlayStation® game console, PlayStation®2 computer entertainment system and the Xbox® video game system from Microsoft. For more information about Crave Entertainment, please visit www.cravegames.com

About Oxygen Interactive

Oxygen Interactive, based in Northamptonshire, UK. Founded in 2001, the company currently develops, publishes, and distributes interactive software for videogame systems & personal computers. Oxygen Interactive Markets its products under two brands Oxygen Interactive and Liquid GamesTM. For more information about Oxygen Interactive and Liquid GamesTM please visit our press site: www.oxygenint.com/press

Oxygen Interactive Media Contacts:

David Bancroft

01933 446 427

david.bancroft@oxygenint.com

Dean Scott

01933 446 432

dean.scott@oxygenint.com

Crave Entertainment Media Contacts:

Michael Meyers

001 925 5518080

michael@mmpr.com

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