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CLIMAX’S LA STUDIO GOES WEST

Los Angeles, California - 15th December 2004: Following the recent announcement to expand its LA Studio, Climax is pleased to confirm the first new addition to the staff roster with the appointment of Bill West as Vice President of Business Development.

Having previously worked for several major global companies, including The Walt Disney Company and Jim Henson Company, Bill brings with him a wealth of experience in both the video game and movie industries. Charged with heading up a team of expert business development professionals, Bill will assume responsibility for expanding the LA Studio's client base and exploiting new business opportunities.

"We're delighted to have added such a major player as Bill West to the staff," confirmed Karl Jeffery, CEO of Climax. "His vast experience at both movie and video game companies makes him the perfect choice for the role as we look to forge new relationships with the major players from both industries. I'm confident that with him on board, the expansion of the LA Studio has got off to a wonderful start and we can expect great things over the coming months and years."

"It's a great thrill for me to be joining such a progressive, forward-thinking and ambitious company as Climax," confirmed Bill West. "The company shares my vision of building better bridges between the video game and movie industries and I'm looking forward to creating exciting new partnerships that will allow us to develop even more amazing games."

He continued: "With projects like the awesome Avalon already in development, it's obvious that Climax has the talent, know-how and passion to create cutting-edge games. It's my job to exploit new business opportunities so that this talent gets the chances it deserves to be expressed. Considering the company's lofted reputation, technological superiority and proven track record for developing hit games, I'm confident I can deliver. "

-END-

About Climax

Founded in 1988 by Karl Jeffery, Climax Group Inc. has grown to become the world's leading independent video game developer. At the cutting edge of the games industry, Climax develops technologically advanced and critically acclaimed interactive games software for all major console platforms. The company works with major worldwide publishers such as Microsoft, SCEA, Buena Vista Games and THQ to create such hit titles as ATV Offroad Fury 3, Sudeki and the Moto GP series on Xbox and PC.

Climax is headquartered in Los Angeles. Additional information on Climax is available at www.climaxgroup.com.

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