K2 Network/Boomzap deal

Irvine, Ca. – July 14, 2008 – K2 Network ( http://www.k2network.net), one of today's most popular free-to-play online game publishers for gaming enthusiasts, announces a development partnership with Boomzap Ltd.

K2 Network and Boomzap have entered into a co-development partnership on a yet unannounced social gaming title. This new IP will be available in early

2009 and marks the beginning of K2 Network expanding its industry presence into the development of original titles. The founders of Boomzap, Allan Simonsen and Christopher Natsuume, have over 15 years of combined experience in the video game industry, with millions of units sold in over a dozen titles for PC, PS2, Xbox, and NGage. Boomzap is a realization of a lifelong dream to run a development studio that genuinely respects developers and consumers.

"We are thrilled to be working with such a well respected and proven developer," stated Joshua Hong, CEO and Founder, K2 Network. "Boomzap is the perfect partner for our first co-development title."

K2 Network is a global Free2Play ^® online games publisher with significant leadership and influence in the United States, Korea, India, Turkey, Brazil and Germany. K2 Network is one of the fastest growing companies in the fastest growing segment of the video game industry. GamersFirst.com is K2 Network's gamer destination that offers a range of serious to casual multiplayer online games and community strengthening features. Serving over 16 million gamers in more than 160 countries, K2 Network's mission is to become the leading service provider of the largest and the most active network of communities in the global online games market.

"It is a great pleasure to be able to partner with K2 Network," says Chris Natsuume, Co-Founder, Boomzap Ltd. "They are one of the top publishers in the free-to-play market."

About K2 Network

K2 Network publishes and services highly engaging online games and cultivates dynamic player communities. The company puts GamersFirst ^TM by giving them free access to compelling titles, offering creative pricing models and updating games based on player feedback. K2 Network currently offers War Rock, Knight Online, Global MU Online, Red Stone, and Sword of the New World:

Granado Espada. Read more about the company at http://www.k2network.net and find all of their games at http://www.GamersFirst.com.

About Boomzap

Boomzap Pte. Ltd., headquartered in Singapore, is a global premier casual games development studio that employs the best developers from locations as varied as Malaysia, Germany, and the USA in addition to local Singaporean talent. With a goal of empowering developers to build the best casual games in the world, Boomzap is a proud member of the worldwide independent game development industry and helps to coordinate the Singapore chapter of the International Game Developers Association.

###