MOVAYA ANNOUNCES AGREEMENT WITH IG FUN

SEATTLE, Wash.— July 1, 2008— Movaya ( www.movaya.com), a leading provider of mobile content distribution software solutions, today announced the availability of mobile games from IG Fun.

Under the newly formed partnership, Movaya will distribute IG Fun’s array of mobile games directly to the mobile marketplace. IG Fun content will be readily available to the mobile community via Movaya's PlugNPlay system, a free to use e-commerce solution for mobile content.

Games available immediately through Movaya’s system include selections from IG Fun’s broad catalog of casual and action titles including Battle Chess, Bruce Lee Iron Fist and Tradewinds 2.

“We’re pleased to work with Movaya to bring our games to Movaya's distribution network,” said Sean Malatesta, CEO, IG Fun— Indiagames’ international publishing division.“We continue to look for ways to reach the global audience of mobile gamers and Movaya’s system enables us to reach hundreds— and soon to be thousands— of points of distribution with a single relationship.”

“Movaya is excited to add IG Fun to our growing list of catalog partners,” said Phil Yerkes, CEO of Movaya.“Indiagames, the parent company for IG Fun, is one of the longest established and most innovative mobile games companies and it is fantastic to be working with them."

IG Fun joins an impressive list of major publishers such as Capcom, RealNetworks, GOSUB60 and In-Fusio that have recently partnered with Movaya. Over the coming weeks, Movaya is expected to announce additional partnerships with other leading mobile game publishers.

ABOUT IG FUN LLC ( www.igfun.com)

IG FUN LLC, focused on the Americas and European markets, is the international mobile publishing arm of Indiagames Ltd. Now working under the brand name IG FUN, the company aims to be a Top 10 mobile publisher in each territory that it operates. IG FUN has developed and published licensed titles with every major Hollywood based movie studio including 20th Century Fox, Miramax, New Line Cinema, Sony Pictures and Universal Studios. Branded partners beyond Hollywood include Take-Two Interactive, Hearst, Sarbakan, Toho Enterprises and Sandlot Games. IG FUN distributes with most major carriers in almost every country in Europe and the Americas. Key investors include UTV– India's foremost Media&Entertainment Company, Adobe Inc. and Cisco Systems Inc.

Indiagames Ltd ( www.indiagames.com) is India's benchmark mobile and online games company and a leading global mobile game publisher. The Company is engaged in publishing and developing games across various platforms including Online and Mobile Indiagames' products are developed and published across all major technology platforms and are distributed through partnerships with mobile operators in over 75 countries. In India, Indiagames distributes games for leading international publishers such as EA, Eidos, Glu, Digital Bridges, THQ Wireless and Warner Bros., amongst others.

ABOUT MOVAYA ( www.movaya.com)

Movaya is a Seattle-based technology company, whose mobile-content management and distribution software system allows mobile game publishers and online retailers to effortlessly extend their businesses to the growing off-deck mobile gaming marketplace. Movaya’s PlugNPlay is the company’s flagship product, which brings together Mobile Game Publishers, Online Retailers and consumers in one marketplace for mobile goods. Movaya is powering the off-deck, mobile gaming industry

BattleChess© 2007 IG FUN LLC

Tradewinds 2© 2005-2008 Sandlot Games Corporation

Bruce Lee and the Bruce Lee likeness are trademarks and copyrights of Concord Moon, LLP. Licensed by Universal Studios Licensing, LLLP. All Rights Reserved. For more information about Bruce Lee, go to www.bruceleefoundation.com.


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