TransGaming Inc.

TransGaming and Transitive Announce Breakthrough in Cross-Platform Game Delivery

Los Angeles, Ca. TransGaming Technologies, in partnership with Transitive Technologies, unveil their game-porting technology that can allow Windows-based x86 games to be simultaneously released onto multiple platforms. These include the Sony PlayStation 2, Apple Mac OS X, set-top boxes, PDAs and wireless devices.

Vikas Gupta, President and COO of TransGaming stated, "Our portability technology allows applications originally designed for PCs to run seamlessly and transparently on alternate platforms without the need for an expensive and time-consuming overhaul of the source code. What other companies can accomplish in two years of re-engineering, our technology can accomplish within two months." Gupta made this announcement to game developers and publishers at the 2002 Electronic Entertainment Expo (E3), here. E3 is the interactive entertainment event that annually attracts major interactive entertainment companies from around the world.

"We are delighted to collaborate with TransGaming to expand their product market," says John Graham, Transitive's President and CEO. "It is a clear example of how Transitive's translation and optimization product, Dynamite, allows developers to migrate content to other platforms, reducing their costs and giving consumers wider choice and access to content."

TransGaming and Transitive have developed a technology that allows portability faster, cheaper, and better than anyone else. "Imagine being able to release an award-winning game on the PC, Mac, and PlayStation 2 simultaneously." Mr. Gupta remarked. "The solution leverages the large investment made in product development, marketing and content, while realizing deep market penetration for a fraction of the cost of developing for each platform independently. Now imagine taking games to set-top boxes, wireless and PDA devices."

About TransGaming Technologies:
TransGaming Technologies is the dominant provider of software portability solutions for game developers and publishers. TransGaming's unique technology allows games designed for one system to be deployed on multiple platforms - faster, cheaper, and better than anyone else. TransGaming Technologies has recently developed strategic relationships with Electronic Arts, the world's premier game developer and publisher; MandrakeSoft the world's largest retail Linux distributor; and MacroVision, the world's most-used PC copy protection provider. TransGaming has a license to the world's top selling game, Electronic Art's "The Sims" and shipped an optimized Linux version just eight weeks after receiving source code.

About Transitive Technologies Ltd:
Transitive is a ventured financed private company with operations in Manchester, England and San Diego, California. The company develops and licenses CPU specific implementations of Dynamite and selectively engages in ISA free co-architecture projects for novel hybrid hardware/software Synthetic CPU designs. The company can be contacted at (858) 674-2244 or through www.transitive.com

For Further Information and While at E3, May 21-24, '02:
To meet with TransGaming's Founder, CEO and CTO Gavriel State, and/or with Vikas Gupta, President and COO, or for information please contact:

Cathy Tanner, Director, Marketing and Communication, TransGaming Technologies,
Phone: 647-280-8213 (cell). From May 21 to May 24 Cathy can also be contacted at The Westin Bonaventure in Los Angeles at (213) 612-4787; e-mail: cathy@transgaming.com

TransGaming Technologies Contact:
Cathy Tanner
651 Meadow Lane
Burlington, Ontario L7L 4R9
Canada
cathy@transgaming.com
(647) 280-8213

Transitive Technologies Ltd Contact:
Jeffrey Kass
16875 W. Bernardo Dr
Suite 220
San Diego, CA 92127 USA
jkass@transitive.com
(858) 674-2244