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Paul Eibeler joins SouthPeak board

Former Take-Two Interactive CEO and president to aid company's rapid growth

Former Take-Two Interactive CEO and president, Paul Eibeler, has joined the board of directors at SouthPeak Interactive.

Eibeler, who oversaw Take-Two's growth from USD 250 million in revenues to over USD 1.3 billion during his time in charge, will lend his experience to aid SouthPeak's continued rapid growth.

"As one of the most respected executives in the interactive games industry, we welcome Paul to the board of directors," said Terry Phillips, chairman of SouthPeak. "His depth of experience will certainly be an asset to SouthPeak growth as a major publisher."

And Eibeler added: "SouthPeak's robust pipeline and entrepreneurial management team has set a course for rapid growth. I look forward to working with the SouthPeak's highly motivated team of professionals as we approach the 2009 Holiday season."

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Phil Elliott

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