GameTap Updates And Expands PC Gaming Experience To Mac Users

TORONTO, ONTARIO - December 12th, 2007 - TransGaming Inc. (TSX-V: TNG) , a leading developer of software portability products for the electronic entertainment industry, announced today a new and improved game player that expands the GameTap experience for broadband-enabled PC and Intel-based Mac users.

With the new faster and lighter GameTap player, games launch more quickly and it is even easier to search for and discover games. The player has updated community features, such as the Buddy Hub, which makes it easier to find, talk to and play games with your friends online.

"PC and Mac users alike can now enjoy an expanded GameTap experience with the launch of this new player," said Stuart Snyder, Turner's executive vice president and chief operating officer of Animation, Young Adults & Kids Media. "This is yet another example of our commitment to bringing great games and compelling programming to the widest possible audience."

In addition to faster updates, a cleaner interface and improved game search, the new GameTap player does not require registration and features a GameTap.com navigation bar in the player for fans to get better access to all their favorite sections of the website - including Read and GameTap TV.

With the new GameTap player, Mac users can now access SEGA Saturn and Dreamcast games, including each console's biggest hits, from Crazy Taxi for the Dreamcast to Saturn's Panzer Dragoon. With TransGaming's Cider technology, GameTap's free and Gold level membership features will run on Intel-based Macs including Mac Books and Mac Minis.

"The Mac is enjoying faster growth than any other computing system and the launch of the new GameTap player enriches the Mac experience even further for that large audience," said Vikas Gupta, CEO and President of TransGaming. "TransGaming and GameTap are committed to bringing the greatest games to the Mac, which has already included Myst Online: Uru Live, and we are pleased to continue this partnership that enhances the Mac gaming landscape."

To play the latest titles, Gold level subscription plans are currently available for as low as $5.00 per month and new subscribers can get their first month for only 99 cents. Gamers can also visit GameTap.com to check out the selection of more than 50 free games which are updated each week.

About Transgaming

TransGaming is a leader in the development of unique software portability products that allow game developers and publishers to develop games for one system and deploy them across multiple platforms more quickly, efficiently, and economically than anyone else. TransGaming is headquartered in Toronto, Canada and maintains a research and development center in Ottawa, Canada.

More information about the company can be obtained at www.transgaming.com.

About GameTap

GameTap (GameTap.com), a division of Turner Broadcasting System, Inc., is the leader in digital game distribution and broadband entertainment. Launched in 2005, GameTap delivers more than 900 authentic versions of the greatest console, computer and arcade games, including original and exclusive episodic titles such as Myst Online: Uru Live, Sam & Max Seasons One and Two, and American McGee's Grimm. Visitors to GameTap.com can play free games on its ad-supported website, purchase top PC and catalog titles from its digital retail storefront, and tune into GameTap TV's original programming that includes Retrospective documentaries and new ReVisioned animated series. GameTap paid members receive unlimited access to its massive library of titles, community and multiplayer features, original games, and content.

About Turner Broadcasting System, Inc.

Turner Broadcasting System, Inc., a Time Warner company, creates and programs branded news, entertainment, animation and young adult media environments on television and other platforms for consumers around the world.

Contacts for Gametap:

Wendy Rutherford Beth Gardiner

TBS, Inc. PR Access Communications for GameTap

404-827-5097 917-522-3522

wendy.rutherford@turner.com bgardiner@accesspr.com

Contacts For TransGaming:

Ivana Otovic Jean-Francois (JF) Dube

TransGaming TransGaming Investor Relations

+1.416.979.9900 x300 +1.877.848.8790

ivana@transgaming.com investor@transgaming.com