LADYDRAGON.COM - VirtGame and Sindhara Announce Alliance To Provide Wireless Gaming for Casino, Lottery, Race and Sports Book Industry

Wednesday January 30, 2002

VirtGame and Sindhara Announce Alliance To Provide Wireless Gaming for Casino, Lottery, Race and Sports Book Industry

VirtGame Corp. (OTCBB:VGTI) and Sindhara SuperMedia Inc. today announced that they have signed a Memorandum of Understanding (MOU).

This MOU establishes a framework for a strategic relationship that leverages the synergies and activities of each company.

VirtGame and Sindhara are looking to offer an advanced wireless multimedia platform which will offer users a number of compelling gaming applications that can be downloaded and used over the air, anytime and anywhere. The MOU outlines their intent to cooperate on developing and marketing Casino gaming, Lottery and Race and Sports Book applications for the wireless environment. Sindhara's SuperMobile Media platform will be used as the foundation for this system. VirtGame and Sindhara are looking to pioneer the use of wireless devices for on-net gaming applications.
The major developments offered by packet networks will dramatically increase the quality of streaming video applications. These networks in the form of 2.5 and 3G have begun to be deployed by the major wireless carriers and should be deployed worldwide over the next few years. This will allow consumers to benefit both in the quality and variety of available applications.

Sindhara and VirtGame plan to work together to meet the ongoing needs of game developers and consumers.

"Everyone is looking for the next Killer Application for wireless devices," said Scott Walker, president and CEO of VirtGame. "We believe wireless gambling will be the next Killer Application," Walker continued, "and we want to provide VirtGame applications for our Casino, Lottery, and Race and Sports Book customers, which is why partnering with the technical talent of Sindhara will provide us a competitive advantage."

    Dr. Jay Ramasastry, CEO of Sindhara, said, "Sindhara is pleased to be teaming with VirtGame to bring new and innovative wireless technologies to the Gaming and Lottery business. Sindhara's system will deliver the highest quality multimedia to wireless users."

    About VirtGame Corp.

    VirtGame is a premier provider of Next Generation Technology to the Gaming and Lottery Industries that has built a comprehensive, scalable and customizable platform for Internet gaming for legal jurisdictions. VirtGame's VirtBorder Control technology is the most accurate jurisdictional software on the market today, providing protection against fraud and underage access. VirtGame is headquartered in San Diego. Visit www.virtgame.com for more information.

    About Sindhara SuperMedia Inc.

    Sindhara is a developer of multimedia technology and platforms for desktop and wireless applications. Its SuperMedia and SuperMobileMedia platforms bring the highest quality multimedia to desktop and wireless users. Through its consulting division, Sindhara also offers network consulting and optimization services to optimize networks to achieve the business objectives of enterprises and to design seamless networks (to include wireless) for the delivery of a range of services including multimedia streaming, digital video and IP services. Sindhara is headquartered in Seattle.