STUBBS ALDERTON&MARKILES, LLP HIRES FORMER FLAGSHIP STUDIOS EXEC, STEVE GOLDSTEIN, TO GROW INTERACTIVE MEDIA PRACTICE

SHERMAN OAKS, CA - January 21, 2009 - Stubbs Alderton&Markiles LLP, the Los Angeles based corporate, securities and intellectual property law firm, today announced the re-hiring of game industry business development and legal executive, Steve Goldstein. Goldstein will be instrumental in growing the Firm's video game and interactive media practice. As a Senior Counsel at the Firm, Goldstein will be a key addition to its Interactive Media Practice Group, joining partners Scott Alderton, Greg Akselrud and Kevin DeBré, and is expected to expand the Firm's existing clientele of video game developers, publishers and other interactive media clients.

Goldstein, a former associate of the Firm, spent the last 3 years as the Director of Business Development and General Counsel for Flagship Studios, Inc. In his role at Flagship Studios, Steve negotiated all of its publishing agreements, co-marketing agreements, ancillary properties agreements, and managed Flagship's intellectual property rights, maintained its corporate governance and developed Flagship's best practices for the commercial release and hosting of Hellgate: London. Additionally, in his capacity with Flagship, Mr. Goldstein co-founded and served as President, Americas&Europe for Flagship's subsidiaries, Ping0 LLC and Ping0 Interactive Limited, which provided the network infrastructure, hosting and support for Flagship's games, including Hellgate: London.

Prior to joining Flagship in July 2005, Mr. Goldstein was an associate at the Firm, where he represented independent videogame publishers and developers, film studios and technology companies, including Flagship, NovaLogic, Inc., 1C Company, High Moon Studios, Revolution Studios, Interplay Entertainment, and Skype Technologies, S.A.

"We are thrilled to announce the addition of Steve Goldstein to our firm. Steve was a valuable asset to our Firm prior to joining the Flagship Studios management team, and the extensive game expertise and experience he developed working with Flagship, plus his deep relationships in the video game industry, make him the perfect addition to our Interactive Media Practice Group," said Scott Alderton, Managing Partner at Stubbs Alderton and Markiles LLP.

"Steve's relationships, experience and expertise will elevate our video games and interactive media practice to a new level."

Despite the recent slowdown in consumer spending, video games continue to generate billions in annual global revenue, and, as the game industry continues to grow, so does its legal needs. Best known for representing Skype from inception to acquisition by eBay, Stubbs Alderton&Markiles, LLP is now in the perfect position to firmly establish itself in this growing industry with the addition of Goldstein to the interactive media practice.

"I am very pleased to be back with Stubbs Alderton&Markiles, LLP. They are a rare firm in this industry in that they provide the deep legal services of a global law firm, but they maintain the agility and flexibility of a boutique, making them the perfect home for the representation of independent developers and publishers," said Steve Goldstein, Senior Counsel at Stubbs Alderton&Markiles, LLP. "I have a strong desire to get back to working with all of my contacts in the video game industry and look forward to helping the many developers and publishers with their growing legal needs."

For more information on Stubbs Alderton&Markiles, LLP or on Steve Goldstein, please visit: http://www.biztechlaw.com

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For a headshot of Goldstein and the company logo visit:

http://www.clevercomm.com/goldstein

About Stubbs Alderton and Markiles LLP

Stubbs Alderton&Markiles, LLP is a corporate, securities and intellectual property law firm focusing on the representation of emerging growth and technology companies, middle-market public companies, large technology companies, investors, private equity funds, investment bankers and underwriters, and clients in the entertainment industry. They provide technically excellent legal services in a consistent, highly responsive and service-oriented manner with an entrepreneurial and practical business perspective.

These principles are the hallmarks of the firm.

The company's strategy is to partner with their clients to provide legal services within their expertise and identify and manage the most appropriate legal and other resources to provide expertise outside of core disciplines. The firm's core expertise lies in corporate and business matters. Serving the needs of emerging growth, middle-market and technology companies, the firm advises clients in all forms of general corporate and business matters. Altogether,the firm acts to assess clients' business needs and develop innovative legal strategies to help them achieve their goals, directly undertaking those matters for which the firm has substantial expertise and identifying and managing the most appropriate legal resources to handle specialty areas outside of the firm's core disciplines.

Contact:

Mika Kelly

Clever Communications

(408) 693-0176

mika@clevercomm.com


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