2008 PENNY ARCADE SCHOLARSHIP WINNER ANNOUNCED

For Immediate Release

SEATTLE - Jan. 5, 2009 - Penny Arcade today announced Diane Melville of Babson College as the winner of the 2008 Penny Arcade Scholarship for students intending to pursue a career in the game industry. Ms. Melville will receive a $10,000 award to apply towards her education and professional goals.

For the 2008-2009 academic year, Penny Arcade received hundreds of applications from students at schools across the country. Eligible students must be currently attending an accredited US college or university and be full time during the academic school year for which the scholarship is applicable. Selection criteria include GPA, service record, leadership, character, financial need and gaming skillz. After months of review and deliberation, Ms. Melville was selected for this year's scholarship, based on her history of and dedication to using games for positive social impact.

Those interested in learning more about the Penny Arcade Scholarship, scholarship winners, or submitting applications for the 2009-2010 academic year can visit http://www.penny-arcade.com/pas for further information.

About Penny Arcade: Equal parts online comic and commentary, Penny Arcade ( www.penny-arcade.com) keeps its finger on the pulse of the gaming industry, prompting conversation and controversy alike. What started as a hobby in 1998 for Jerry "Tycho" Holkins and Mike "Gabe" Krahulik has grown into an online phenomenon serving over 70 million page views a month to millions of readers worldwide. In addition to the comic strip, Penny Arcade has expanded its reach to include merchandise, the annual PAX gaming festival ( www.pennyarcadeexpo.com), a video game and management of Child's Play ( www.childsplaycharity.org), a gamer-driven charity for children that spans the globe.

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Contact: Carolyn Carnes

Flash Fire Communications

866-205-5670 x500

carolyn@flash-fire.com


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