THE GAME FACTORY® Signs International Licensing Agreement with Cartoon Network

(Brabrand, Denmark, October 2005) - THE GAME FACTORY today announced the signing of a major international publishing agreement with Cartoon Network Enterprises to develop, launch and market an exciting new arcade racing videogame for Nintendo DS and Sony Playstation 2 based on the top Cartoon Network original animated series The Powerpuff Girls^TM, Cow & Chicken^TM, Courage, the Cowardly Dog^TM, I Am Weasel ^TM, Johnny Bravo^TM and Dexter's Laboratory^TM. Featuring hours of gameplay depicting characters in a variety of exciting environments, the upcoming videogame will be targeted for wide release across Europe and the U.S. for the holiday season 2006.

The videogame will offer a great arcade gaming experience where players can race their favorite Cartoon Network characters against friends, opponents and new encounters from six top-rated Cartoon Network television series. Among its many state-of-the-art features, an innovative game-design, multiplayer options and an advanced track editor tool will ensure hours and hours of re-play value for every player.

"With its #1 and #2 ranking among television networks across more than 160 countries around the world, Cartoon Network is a key brand in kid's lives-much more than simply their favorite television channel," said John Friend, senior vice president for Cartoon Network Enterprises "This new partnership with THE GAME FACTORY brings multiple opportunities for Cartoon Network fans to race and play with some of their best loved characters in a video game.". "

All six television series are currently airing on Cartoon Network, several of them among the network's top-rated programs. Furthermore, the videogame will be supported by on-air and off-channel promotions, interactive Web sites, and a broad range of licensing products worldwide.

About Cartoon Network

Cartoon Network (CartoonNetwork.com), currently seen in more than 88 million U.S. homes and 160 countries around the world, is Turner Broadcasting System, Inc.'s ad-supported cable service offering the best in original, acquired and classic animated entertainment for kids and families. Overnight from 11 p.m.-6 a.m. (ET, PT), Cartoon Network shares its channel space with Adult Swim, a late-night destination showcasing original and acquired animation for young adults 18-34.

Cartoon Network Enterprises (CNE), the global branding and merchandising arm of Cartoon Network, is charged with licensing brands and characters from the channel's growing library of original programming properties. CNE works to secure and support long-term licensee partnerships across such key merchandising categories as apparel, accessories, toys and games, interactive, publishing, stationery and paper, sporting goods, branded foods and personal care. The group currently offers consumer product programs for an array of marquee animation franchises, including Codename: Kids Next Door, Hi Hi Puffy AmiYumi, Adult Swim, Foster's Home for Imaginary Friends and more.

Turner Broadcasting System, Inc., a Time Warner company, is a major producer of news and entertainment products around the world and the leading provider of programming for the basic cable industry.

About THE GAME FACTORY

THE GAME FACTORY is a worldwide publisher of video and computer games based on leading international children's properties. THE GAME FACTORY^® has its HQ in Brabrand, Denmark, with a subsidiaries in London UK and Santa Monica, California.

For more corporate and product information, please visit: www.gamefactorygames.com

Henrik Mathiasen

President

henrik.mathiasen@kemedia.com