Game Trading Technologies, Inc.’s“GameBook Mobile” Application for Apple’s iPhone, iPod Touch and i

HUNT VALLEY, MD., August 12, 2010 -- Game Trading Technologies, Inc. (“GTTI” or the “Company”, OTCBB: GMTD), a leading provider of comprehensive trading solutions for video game retailers, publishers, rental companies and consumers is pleased to announce the their “GameBook Mobile”, a free application for Apple’s iPhone, iPod and iPad that allows video game players to build, value, manage, and trade their personal video game software collections is now available for download.

Utilizing GTTI’s proprietary market valuation technology, GameBook Mobile is the only video game app that tracks over 10,000 video games and consoles and provides consumers with the real-time market value of every game and system they own.

GameBook Mobile allows you to efficiently manage and value your entire collection and is packed with powerful features and tools:

    <*>“Track Your Collection” allows you to search for and track the current market value for every game title and system you own. <*>Find out if trade prices are holding up with the“Trade Trend” key, and receive the highest trade prices from GTTI’s Gamers Factory website ( www.gamersfactory.com) so you know just when to trade. <*>“Trade-O-Meter” lets you decide the games and systems that are keepers vs. the games you've conquered and earmarked for trade. <*>“Store Locator” finds the closest place to trade your video games in for cash or gift cards. <*>“Want List” lets you search for, store, and email the video games you want most. <*>“Send” gives you the ability to email your collection details and games you most want to trade wherever you want so you can trade your games for cash, PayPal funds or gift cards. <*>“UPC Search” scans the video game barcode using the camera on your phone to make adding and valuing your games a snap. (iPhone 3GS and 4 only)

To begin using GTTI’s free GameBook Mobile application go to the App Store on your iPhone, iTouch, iPad or download through iTunes by visiting: http://itunes.apple.com/app/gamebook-mobile/id381815976?mt=8#

“Future versions of GameBook Mobile will allow users to trade in DVD’s and popular electronics like iPods and cell phones as well, enabling users to use their used games and products as ‘currency’ to acquire desired new game releases and hot products without leaving the GameBook Mobile application”, said Todd Hays, CEO Game Trading Technologies, Inc.

About Game Trading Technologies, Inc.

Founded in 2003 and headquartered in Hunt Valley, MD, Game Trading Technologies, Inc. is a leading video game trading services provider focused on valuation, procurement, refurbishment, and redistribution of pre-owned video games. Game Trading Technologies, Inc. currently offers unique services, supported by innovative technologies to an array of national firms, allowing them to better serve customers who want to trade their games for store credit or purchase pre-owned games. The foundation of most of these relationships is Game Trading Technologies, Inc.'s proprietary game trading database, which updates values on more than 10,000 video games and consoles on a daily basis according to market conditions. Game Trading Technologies, Inc. shares are traded on the OTCBB under the symbol 'GMTD'. Additional information is available within Company's website at www.gtti.com or by calling (877) 631-GAME (4263).

Forward Looking Statements

This news release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Game Trading Technologies' current expectations about its future results, performance, prospects and opportunities. Game Trading Technologies has tried to identify these forwardlooking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "hope," or similar expressions. These forward-looking statements are based on information currently available to Game Trading Technologies and are subject to a number of risks, uncertainties and other factors that could cause Game Trading Technologies' actual results, performance, prospects or opportunities during the remainder of 2010 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements. These risks are referenced in Game Trading Technologies' current report on Form 8-K, which may be found at www.sec.gov or as may be described from time to time in Game Trading Technologies' subsequent SEC filings.

For more information, contact:

Game Trading Technologies, Inc.

Investor Relations

Contact: Jody Janson

Tel: (877) 631-GAME (4263)

Email: jody@gtti.com


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