WILMINGTON, Delaware, August 12 /PRNewswire-FirstCall/ -- Interactive gaming leader Win Gaming Media, Inc. (OTCBB: WGMI.OB) announced today that Playtech, (AIM: PTEC), the international designer, developer and licensor of software to the online gaming industry, has acquired the assets of Win Gaming Media subsidiary, MIXTV Ltd. In addition, Win Gaming Media and Playtech have signed a license and service agreement for Win Gaming Media's UK-based subsidiary, Two Way Gaming, under which Playtech granted WGM a non-exclusive license to use the software products for the sole purpose of providing support and maintenance services to Two Way Gaming Limited. Shimon Citron, Chief Executive Officer of Win Gaming Media, said: "As a result of the agreement with Playtech, we are bolstering our balance sheet and regaining financial stability, as well as dramatically reducing our operational costs. We are excited to collaborate with Playtech in what we anticipate to be a beneficial and long-term fruitful relationship through our license agreement. This new business venue shifts our focus to our subsidiary, Two Way Gaming, and the exceptional opportunities we face by working with Virgin Media TV, in nourishing and expanding the 'Challenge Jackpot' gaming channel which launched on July 1, 2008." "Win Gaming Media is now free to pursue further sales of certain assets that will broaden its cash basis by generating new revenue share opportunities. I trust that the focus on Two Way Gaming and adding new revenue shared business collaborations will contribute to the growth of the company in the near future", added Citron. About Win Gaming Media, Inc. Win Gaming Media Inc. (OTCBB: WGMI.OB) is a leading software provider in the interactive gaming industry, delivering cross-platform systems designed to handle mass participation gaming over mobile devices, TV and the Internet. Win Gaming Media specializes in delivering innovative entertainment platforms, including TV 2.0 and interactive live TV gaming. With an array of world-class solutions deployed globally and partnerships with key players in the gaming arena, including Cablevision, Lodgenet and Two Way Media, its partner in subsidiary Two Way Gaming, Win Gaming Media is a driving force in the global gaming industry. Win Gaming Media is based in Nevada, U.S. Safe Harbor This press release contains forward-looking statements within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. For example, when we describe the effects of the agreement with Playtech on our balance sheet and future operational costs, or when we say that we are excited to collaborate with Playtech in what we anticipate to be a beneficial and long-term fruitful relationship through our license agreement, or that the new business venue shifts our focus to our subsidiary, Two Way Gaming, and the exceptional opportunities we face by working with Virgin Media TV, or that we are now free to pursue further sales of certain assets that will broaden our cash basis by generating new revenue share opportunities, or that the focus on Two Way Gaming and adding new revenue shared business collaborations will contribute to the growth of the company in the near future, we are using forward looking statements. These forward-looking statements are based on the current expectations of the management of Win Gaming Media only, and are subject to a number of factors and uncertainties that could cause actual results, performance or achievements of Win Gaming Media, including revenues, income and expenses, to differ materially from those described in or implied by these forward-looking statements . The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in technology and market requirements; decline in demand for Win Gaming Media 's products; inability to timely develop and introduce new technologies, products and applications; loss of market share and pressure on pricing resulting from competition, strength and growth of the gaming industry, gaming regulatory environment, and other factors over which Win Gaming Media may have little or no control. Except as otherwise required by law, Win Gaming Media undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting Win Gaming Media, reference is made to Win Gaming Media 's reports filed from time to time with the Securities and Exchange Commission. Win Gaming Media press contact: Rinat Rond Koteret Public Relations Tel: +972-3-5755778 Email: DATASOURCE: Win Gaming Media Inc. CONTACT: Win Gaming Media press contact: Rinat Rond, Koteret Public Relations, Tel: +972-3-5755778 , Email:

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