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RYUminus acquisition

TouchMix developer picked up by GAMEVIL.

FOR IMMEDIATE RELEASE

LOS ANGELES, CA - December 22nd, 2010 - GAMEVIL ® , a leading mobile games publisher and developer announced its first ever acquisition of outside development talent, RYUminus, and its rhythm action game for Android, TouchMix. TouchMix will be serviced and expanded by GAMEVIL into other global markets.

"We're excited to bring aboard TouchMix, which has been squarely at number one in the rhythm game genre on the carrier Android stores in Korea." said Yong Kuk Lee, CFO of GAMEVIL. "Going forward, GAMEVIL hopes to make its mark not only as first party publishing but also as publishers of excellent external games."

Optimized for today's high-performance smartphones with multitouch screens, TouchMix features vibrant graphics, multichannel audio and synchronized tap gameplay. GAMEVIL will begin servicing TouchMix to Google Android Market, continuing to update and add new songs.

With the acquisition of RYUminus and TouchMix, GAMEVIL has formally announced the expanded plans of publishing externally developed mobile game titles. Widely known for its leading RPG and Sports titles such as ZENONIA ® and Baseball Superstars ® , GAMEVIL now enters the new genre of music and rhythm action, and intends to go beyond with more external titles to complement its internal franchises.

GAMEVIL currently develops and publishes titles on major handheld platforms including Apple iOS, Google Android, Nintendo DSiWare, Sony PlayStation Portable and more.

About GAMEVIL

GAMEVIL ® is a premier mobile game publisher located in Seoul, Korea and Los Angeles, USA. Established in 2000, GAMEVIL has earned a reputation as one of the best companies in the mobile games sector by crafting award winners in a diverse portfolio of games. GAMEVIL is well known for revolutionizing the sector with its original and innovative mobile games, backed by unparalleled expertise in advanced mobile technology. As a world class leader in mobile games publishing, GAMEVIL continues to lead the sector with a commitment to establish mobile as the definitive mass market entertainment platform of the world. GAMEVIL is currently listed on the KOSDAQ Market (Ticker: 063080, Bloomberg: 063080:KS, Reuters: 063080.KQ)

GAMEVIL ® , ZENONIA ® and Baseball Superstars ® are registered trademarks or trademarks of GAMEVIL Inc. in the U.S. and/or other countries.

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