Creat Studios Becomes PLAYSTATION(R)Network Publisher

FOR IMMEDIATE RELEASE

December 4, 2007 (Canton, Mass.) - Creat Studios, Inc. today announced that it has signed an agreement with Sony Computer Entertainment America that allows Creat to publish games for the PLAYSTATION®Network and PLAYSTATION®Store online and network services.

"We are very excited to become a PLAYSTATION®Network publisher," said Vladimir Starzhevsky, CEO of Creat Studios, Inc. "Digital distribution is a key component in our strategy of becoming a global leader in creating and providing interactive entertainment."

Creat Studios will now be able to publish its own downloadable games, as well as serve as a PLAYSTATION®Network publisher for developers and content providers in the U.S. and abroad. Creat Studios, Inc. is a premier developer of current and next-gen console and handheld games. Founded in 1990, Creat's corporate headquarters is in Canton, Massachusetts, with development studios in Massachusetts and St.Petersburg, Russia.

If you'd like more information about this topic, or to schedule an interview, please email Matt Sughrue at m_sughrue@creatstudios.com

Creat Studios, Inc.

500 Chapman Street, Suite 202

Canton, MA 02021

Contact: Matt Sughrue

Email: m_sughrue@creatstudios.com