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Phantom EFX Selects Bill Wadleigh as Executive Producer

Wadleigh to Spearhead Production of Cutting Edge First-Person Shooter Darkest of Days

(Cedar Falls, IA) - October 9, 2007 - Phantom EFX, a leading developer and publisher of interactive entertainment titles for PC and Mac, today announced that Bill Wadleigh will join the company as Executive Producer. Wadleigh will work closely with Phantom EFX's development studio 8 Monkey Labs on the creation of Phantom EFX's first hardcore game, Darkest of Days.

Wadleigh brings more than 12 years of development experience on more than 40 titles from a variety of companies. Prior to joining Phantom EFX, Wadleigh served as Director of Game Studios at San Francisco based Wagerworks/IGT where he headed the development of online slot and casino games. Prior to IGT, Wadleigh served as Executive Producer for WMS Gaming in Chicago from 2001 to 2006, a leading provider of video slot machines around the world.

Before working in the casino gaming industry, Wadleigh created more traditional videogames as a producer for VR1 Entertainment, a developer in Boulder, Colorado, working on titles such as Nightcaster and Fighter Ace 2 which were released by Microsoft®. He's developed games for both console and PC in a variety of genres from air-combat simulation games, to role-playing games, to massively multiplayer online games, and his titles have been published by worldwide leaders including Microsoft®, America Online®, Real Networks® and Hasbro Interactive®.

Wadleigh's main focus will be to oversee the development of Darkest of Days. Already hugely successful with its line of Reel Deal casino games for the PC, Phantom EFX created 8 Monkey Labs in 2006 to develop the highly anticipated first-person shooter, the company's opening salvo into the hardcore video games market.

"Bill's vast experience both in the casino gaming business as well as the core video game business addresses the two key elements of our company," said Aaron Schurman, CEO, Phantom EFX. "We are excited to have found such an experienced and highly talented individual to take the helm on our first hardcore title."

For more information about Phantom EFX or Darkest of Days, please visit: www.phantomefx.com or www.darkestofdays.com

About Phantom EFX

Founded in 1998, Cedar Falls, IA-based Phantom EFX, Inc. is a leading developer and publisher of interactive entertainment titles for PC and Mac. The privately owned company's flagship product is the popular, award-winning Reel Deal line of casino parlor games - the best selling casino games on the market. Featuring top-notch game development, a highly effective in-house production team and an unparalleled worldwide distribution system, Phantom's expansion into the development and distribution of hardcore gaming titles is a natural evolution for the company. For more information about Phantom EFX and its products, visit the company's website at www.phantomefx.com.

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For more information, contact:

Sean Carr or Alex Josef

Pacific Media Partners Pacific Media Partners

310.566.7866 310.566.7863

seanc@pacificmediapartners.com alexj@pacificmediapartners.com

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