Interactive Games to Enter AWP Redemption Market

Interactive Games Inc. a developer and licensor of specialty slot machine and mobile entertainment software to the casino gaming and wireless entertainment industry today announced plans to enter the AWP redemption market under which the company will begin producing its proprietary brand of video redemption gaming terminals by March 06'. The Company will brand the games as "Interactive Video Redemption Terminals" or "IVRs" for locations throughout South Florida in adult arcades, amusement centers as well as existing operations through participating state operators.

"The video redemption market has seen a remarkable increase, especially with recent legislation in Florida and additional states for Class III, or Las Vegas style gaming at paramutual facilities. Our games will cater to those who may not frequently travel to the horse and dog track to play, but to their local shopping centers seeking the safe and friendly environment of a recreation or amusement center," stated Michael Friedman spokesperson for Interactive Games. The Interactive redemption games will have similar "look and play" as video slots machines, but will be designed for "skilled play" with redemption gift payouts as set forth under Florida state statute guidelines.

"Our game design team based in Las Vegas, has developed some of the most popular games and slot machine titles played in most casinos across America. We plan to bring new and engaging content to our own platform and operator locations that we believe will compete and with what is already within the redemption marketplace. Our goal would be to place at least 350 to 500 machines over the next 4 months between 4 or 5 operators. Typically, these machines in popular locations will hold anywhere from $40.00 to $80.00 a day or higher. Interactive Games would receive up to 30% per day for participation, placement and maintenance for our operator locations. We have indications of three new operations now, with the first to be open sometime in March 06. Our production of the IVRs can begin at approximately 100 machines per week as needed using gaming software of popular titles, and new redemption games and titles beginning in March 06 as well," stated Friedman.