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10TACLE STUDIOS AG and Ferrari sign licensing agreement

Racing game portfolio expansion part of growth strategy

Darmstadt, November 7rd 2006 - 10TACLE STUDIOS AG and Ferrari have concluded a licensing agreement for the development of video games. This will allow 10TACLE STUDIOS AG to produce games using the Ferrari product palette and brand name. 10TACLE STUDIOS AG plans to work together with the legendary Italian sports car manufacturer closely to development a number of computer and video games.

"The expansion of our racing portfolio is an important part of our strategy for growth. Ferrari is synonymous with automotive excellence in both sports and racing cars. A license to use the Ferrari brand name and cars is the best a computer games developer in this field can acquire. We will do our very best to recreate the passionate experience of driving a Ferrari as realistically as possible", explained 10TACLE STUDIOS AG chairman Michele Pes.

"10TACLE STUDIOS have proven repeatedly that they are capable of developing racing games on a level appropriate to Ferrari's leading position in the field. We look forward to working together", said Head of Licensing at Ferrari Katia Bassi.

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About 10tacle studios AG

Listed in the General Standard of the Frankfurt Stock Exchange, 10tacle studios AG (security code number: TACL10) is one of Europe's leading independent developers and producers of high-end computer and video games. 10tacle studios AG ( produces top-quality products that meet international development standards, and its product portfolio covers all relevant growth segments in the games market. In the first six months of 2006, the company reported a turnover increase to 12.71 million Euros (first six months of 2005: 1.8 million Euros). 10TACLE STUDIOS AG's adjusted EBITDA improved to 2.9 million Euros in the first six months of 2006 (first six months of 2005: 510,000 Euros). EBIT reached 2.3 million Euros, compared to 43,000 Euros in the year-ago period. Currently, more than 180 employees work for the Company at its headquarters in Darmstadt and the development sites in Darmstadt, Duisburg, Hanover, London, Charleroi, Bratislava and Singapore."

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