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Industry Leader Appointed as cdv Software Entertainment AG CEO

Industry veteran Christian Gloe assumes pivotal leadership role

Cary, North Carolina, 11 October, 2007 - cdv Software Entertainment USA today announced that interactive entertainment industry veteran Christian Gloe has assumed the duties of CEO for its parent company, CDV Software Entertainment AG, completing extensive and successful turnaround efforts in Europe. Mr. Gloe, an experienced leader and high-profile personality in the international games industry, will continue the company's efforts to become a global full service provider.

Since the early nineties, Mr. Gloe is considered a top executive in the gaming industry, having held senior management positions with L'Oreal, Virgin Interactive, Crave Entertainment, Infogrames and Atari.

Over the last eight years, Gloe was notably responsible for the restructuring and expansion of the European and Asian distribution business for Infogrames / Atari. Since 2004, as President of Publishing, he led the global publishing business for the Infogrames/Atari Group from New York.

Along with the arrival of Mr. Gloe, Arne Peters has joined the company as Chief Operating Officer. Mr. Peters comes to cdv from Intel, where he served in a senior leadership role as Segment Manager for Consumer Software and Solutions.

New top executives to expand upon the work of successful interim management

After a series of restructuring measures and a corporate re-launch and re-branding, the appointment of Mr. Gloe and Mr. Peters represents the end of the interim management period overseen by restructuring expert Philipp Stiehl. Mr. Stiehl will remain on board in the role of the company's Chief Financial Officer.

Mr. Gloe is convinced of cdv's leadership potential within the industry, stating, "The idea of offering services to the games sector on a modular basis is new - and absolutely compelling. I'm looking forward to the challenge of building cdv and its innovative business model into an international market leader." Added Tom Gross, CEO of CDV Software Entertainment USA and fellow Atari executive alumni, "We're extremely excited about Christian and Arne joining our parent company, and we look forward to the strength our combined management presents to the industry, not only in North America, but across the globe."

About cdv Software Entertainment AG

cdv Software Entertainment AG is the only listed, independent full service provider for the games sector in Germany. Together with its subsidiaries cdv Software Entertainment USA, cdv POS GmbH, Gamesmania, and seven_m, cdv has about 60 employees, outstanding contacts within all relevant markets and decades of expertise. As a leading sales and service partner for the entire games and software industry, cdv is excellently positioned on the global market thanks to numerous branches in the German-speaking area, North America, Hungary, the Czech Republic and Slovakia as well as noted international partners. Alongside its strong product placement and international distribution logistics, cdv offers its customers a wide range of sales-promoting methods and an extensive, professional marketing and promotion service from a single source. The company, which was founded in 1989 and is headquartered in Bruchsal, Germany, has been on a steady growth course since its 2007 consolidation and is aiming in the medium term for a strong market position as one of the globally leading full service providers in the games sector. More information is always available at http://www.cdv.de.

About cdv Software Entertainment USA

cdv Software Entertainment USA, a wholly owned subsidiary of cdv Software Entertainment AG, is a leading publisher of third-party video games and interactive entertainment with offices in New Jersey and headquarters in Cary, North Carolina. cdv Software Entertainment USA has published critically acclaimed and commercially successful titles including Divine Divinity, Blitzkrieg, American Conquest, Codename: Panzers, City Life, DarkStar One, War Front: Turning Point and Sherlock Holmes: The Awakened. The company will continue to expand its offerings with upcoming titles including the highly anticipated Escape from Paradise City and Pacific Storm Allies. For more information, please visit http://www.cdvus.com.

For North American media inquires, please contact:

Mario Kroll,

PR and Marketing Director, cdv Software Entertainment USA


+1.919.386.3475 / +1.919.481.1402

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