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Munich Venture Partners takes a share in 10TACLE STUDIOS AG

Strategic partnership gives access to technological potential of Fraunhofer Institutes

Darmstadt, 24th April 2006 - Munich Venture Partners (MVP) takes a share in 10TACLE STUDIOS AG via their fund established together with the Fraunhofer Gesellschaft to finance innovative hightech companies. Thanks to this strategic partnership 10TACLE STUDIOS AG, one of the leading German development and production companies of high-end computer and video games, is granted access to the technological potential of Fraunhofer Institutes.

In particular, synergies are to be used to further develop the Middle Ware technology of 10TACLE STUDIOS. Thanks to its own Middle Ware technology, 10TACLE STUDIOS AG (www.10tacle-studios.com) is one of the few companies in the industry that is able to ensure its technological independence and to also realise cost-effective productions on different platforms.

Rolf Nagel, Managing Partner of MVP, gives the reasons for the partnership: "The product portfolio, the technological basis and, last but not least, the management team of 10TACLE STUDIOS AG convinced us. In the context of this strategic partnership we, together with leading Fraunhofer Institutes, will be focussing upon expanding the position of 10TACLE STUDIOS in one of the markets with the strongest growth in the world, namely the market of computer-based Rich-Media and Entertainment-Content. Online-based real-time Multiplayer Games constitute a real technological challenge. In addition to classical Fraunhofer-Spin-offs, MVP also finances external start-ups which promote potentially innovative projects with the help of Fraunhofer Institutes. 10TACLE STUDIOS AG is an excellent example of this."

Michele Pes, CEO of 10TACLE STUDIOS AG, adds: "Munich Venture Partners taking a share in our company highlights the technologically leading position and the attractiveness of the products of 10TACLE STUDIOS and gives both partners excellent opportunities for a future collaboration in developing new technologies."

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