Press Release

MumboJumbo Acquires Game Developer Studio Hot Lava

Tue Jul 31 12:00:00 +0000 2007

Former Hot Lava CEO Joins MumboJumbo Team to Lead Development Efforts

DALLAS--(BUSINESS WIRE)--MumboJumbo, a leading developer and publisher of premium casual games, today announced its recent acquisition of Hot Lava, a Russian-based casual games developer best known for its popular 7 Wonders game series. In addition to the strategic acquisition, former Hot Lava CEO, Matt Lichtenwalter, will join the MumboJumbo executive team as its new Vice President of Product Development.

“MumboJumbo stands firmly behind its commitment of bringing high-quality casual game content, across multiple platforms, to the mass market through both its digital and retail distribution channels,” said Ron Dimant, founder of MumboJumbo. “Matt has an in-depth understanding of the development process and we are proud to bring on board the fresh and creative talent that both he and his team have to offer. We feel that this move further supports MumboJumbo’s position as a leader in premium casual games.”

“MumboJumbo has proven itself as a fundamental part of the casual gaming industry, leading the way in both original development and multi-platform retail publishing,” said Lichtenwalter. “I have worked closely with the team at MumboJumbo for some time now, and am thrilled to be joining its development group.”

According to the Casual Games Association, 30% of the Top 10 games in 2006 were developed in Eastern Europe. Matt brings with him Hot Lava’s Russian-based development team lead by a noteworthy senior staff. Their veteran talent in creating high-end, quality content, plus Matt’s ten years of game development and product launch expertise, will serve to complement MumboJumbo’s ability to deliver award-winning casual games.

About MumboJumbo
Headquartered in Dallas, Texas, MumboJumbo LLC is a worldwide publisher, developer and mass marketer of premium casual games for PCs and game consoles including those manufactured by Nintendo, Sony Computer Entertainment and Microsoft Corporation. MumboJumbo games are downloadable at its website as well as key game portals operated by RealNetworks™, Microsoft, Yahoo! and Big Fish, or purchased at retail through mass merchants, computer retailers and specialty outlets. MumboJumbo owns and operates three studios located in Dallas, Los Angeles and Vladivostok, Russia, as well as publishes and distributes software through subsidiaries in North America and the United Kingdom, as well as regional distributors worldwide. For more information please visit www.mumbojumbo.com.