Oberon Media Extends Presence in Mobile Games Market: Acquires Cmate S.A

Business Wire, Dec 13, 2005

NEW YORK -- Cmate to Provide Mobile Games Content and Cross Platform Technology to Augment Oberon's Leadership in the Casual Games Market and Further Its Push into Mobile Games.

Oberon Media, a leading publisher and distributor of casual games, announced today the acquisition of Cmate S.A., a leading provider of mobile games and technologies. Cmate will provide Oberon with technology to enable truly cross-platform gaming experiences, allowing gamers to play on whatever platform they choose, with whomever they choose. Additionally, the combined entity will provide Oberon with a dynamic portfolio of single player, multiplayer, and tournament based mobile casual games.

"Oberon's mission is to deliver, via its partners, the best casual gaming offerings to the largest community of players and we are thrilled to extend this offering to mobile users. Adding Cmate's cutting edge technology, terrific portfolio of games, and deep experience and skills in the mobile space is a perfect fit with our vision of 'play anytime, anywhere'. We can now enable our online partners to connect their casual game communities with mobile phone users around the globe, and provide our mobile partners a direct link back into the burgeoning world of Internet game communities." said Ofer Leidner, Founder and Head of Business Development for Oberon Media.

"For example, Cmate took our popular PC game, Saints & Sinners Bingo, and created both the mobile version and the ability to allow mobile players to compete in real time against players on the PC. There are literally no boundaries with Cmate's technology: single player, mobile, mobile to web, iTV to mobile, it's all possible." Says Leidner

David Chissick, Chairman of Cmate said "Cmate is thrilled to join Oberon and lead the global casual game marketplace. Cmate has always been committed to extend its mobile games and technology offerings to the largest community while partnering with the best. Oberon's superiority in casual games distribution and publishing, combined with Cmate's core competence will enable the largest community of users around the world to play the best casual games regardless of platform and geography. We are proud to be part of this".

About Oberon Media

Oberon Media (http://www.oberon-media.com) has become the leading force in the casual gaming industry, breaking ground as a provider of both distribution and publishing solutions for worldwide brands. The Oberon Game Center platform has been adopted as a standard by the world's largest firms seeking to enter the market or enhance their casual games solutions. The platform provides a customized solution that combines casual game content, merchandizing, and features with each partner's specific needs. Oberon Media solutions have been deployed worldwide in more than a dozen languages and power major websites with experiences that include PC downloadable, web, multiplayer and console casual gaming.

Oberon Media's publishing arm produces top casual games, working with independent developers worldwide. Led by experienced and award-winning game developers, they provide the knowledge to make the Oberon solutions engaging for all users.

Oberon Media was founded in 2003 and has worldwide offices located in the US, Europe and Asia.

About Cmate

Cmate S.A. (http://www.cmate.tv) is a leading multiplayer mobile gaming provider of wireless entertainment. Founded in late 2001, Cmate is a technological pioneer in the field of developing and supporting multiplayer and community based mobile games which enable users to challenge and play against each other any time, anywhere, regardless of carrier, handset, territory and protocol (Java, Brew, WAP, I-mode, ITV, Internet). Cmate's turnkey gaming management solution and real time multiplayer games, command an unprecedented repeat gaming experience and can be played in various modes, including play for fun, tournaments, as well as play for prizes or money. Cmate's mobile games portfolio consists of over 60 games including Cmate Poker, Cmate Battleships, Cmate Backgammon, Texas Hold'em, Cmate Pool, Chinese Checkers, Cmate Bowling, Cmate Ringtone Challenge, and many more. Cmate exclusively powers the connected multiplayer version of the highly popular "Who Wants to be a Millionaire?".