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Goozex Reaches 1,000 Active Member Milestone in First Three Months

COLLEGE PARK, MD - October 16, 2006 - Goozex, Inc. announced today that the company surpassed 1,000 active members after three months of operation. The speed at which the milestone was reached is an important indicator of the market demand. The market is showing a strong acceptance for an online video game trading service. The company expects the membership growth rate to increase as it approaches a critical mass of users. Surpassing 1,000 members within a three month timeframe exceeds original company projections. Moving forward, Goozex expects to double the number of users who trade video games on the website by early January 2007.

In addition to a rapidly growing user base, the level of trading activity is also strong. Company data shows that most registered users have traded video games on the Goozex system. Some members have traded upwards of 30 different times. Currently, there are over 1,100 unique titles available in the Goozex library. The number of unique titles available and trading activity also surpass initial forecasts.

Mark Nebesky, Director of Marketing, said "the success we've had in growing our membership so fast has been a combined effort from our marketing efforts, customer service, continuous site upgrades, and general customer engagement." Mr. Nebesky continued, "What we're most proud of at Goozex is the positive feedback that we get from users everyday. Four months ago there was nothing out there like us and we believe our success is due to our ability to respond to our user demands. It really is an all-hands-on-deck experience every day for our team and that is a core value for Goozex."

About Goozex, Inc.

Goozex, Inc. is an award winning peer-to-multi-peer trading company headquartered in College Park, Maryland. Currently, it is the leading company in the world that offers an automated point system to provide a fair market value for used video games that can be used for purchasing other video games. Incorporated in March 2006, Goozex, Inc. is building a nationwide user base targeted towards video game players. Please visit our website at www.goozex.com

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