Gameshastra Expands its Worldwide Customer Base, Inks Deal with Freeze Tag for Master Game Development

For Immediate Release

HYDERABAD, India, July 30, 2007: Gameshastra, India's largest game services provider has signed a Master Game Development Agreement with Freeze Tag, a California based casual game publisher and developer. Gameshastra will develop and Freeze Tag will publish "Etch A Sketch ® ," a new game inspired by the classic toy from The Ohio Art Company. Under the terms of the agreement, Gameshastra will develop PC, Web, and Mac versions of the game, as well as any future versions for platforms such as Xbox 360 Live Arcade and Nintendo Wii.

Craig Holland, CEO of Freeze Tag says, "We have worked with many offshore developers, and Game Shastra is the first company that has truly 'exported' US game development expertise and management to its offshore operation, while still maintaining a US onshore staff in key developer roles. Gameshastra’s talented and experienced management team and competitive pricing were attractive features, but the main reason we picked Gameshastra to develop our high-value licenses was simply the opportunity to work with a really great game development team."

Prakash Ahuja, CEO, of Gameshastra, says "We think Freeze Tag as a publisher has great vision for identifying good titles. It has chosen some very exciting and unique licenses that we hope to develop jointly under this partnership." Ahuja continues, "This agreement with Freeze Tag reiterates our position as a leading global game services provider for both Core and Casual games."

Gameshastra's worldwide customer base has been expanding rapidly as it offers richer, faster and more efficient game services to game publishers globally. "At Gameshastra we provide a very flexible project environment for our customers for game development, game art and game testing in a single location which is very difficult to pull off on-shore, besides offering competitive development costs leading to shorter development timelines and higher quality products," Bjorn Book-Larsson, CTO and VP of Game Development, Gameshastra, said. "Our presence in Los Angeles provides quick response to our customers, and keeps us tightly integrated throughout the entire project."

About Gameshastra

Game Shastra has been involved in game testing and related services for over two years, and have successfully handled the testing of numerous games for leading publishers and development houses globally. The company has opened a state-of-the-art Game Services center in Hyderabad to extend testing services for all the gaming platforms -- Consoles, Handheld, Mobiles and Online and offers testing -- Functionality, Compatibility, Game-play, Certification. Gameshastra develops games for the Wii, Xbox 360, PC, Mac, Web, PSP and Nintendo DS, and also provides game testing, game art and 3D animation services. For more information visit www.gameshastra.com

About Freeze Tag

As a leading publisher of casual games, Freeze Tag delivers best-of-class casual video games where ever consumers want to play. Through its partnerships with classic consumer brand-holders like The Ohio Art Company (Etch A Sketch ® ), The Nertz ® Card Company, and Universal Consumer Products, Freeze Tag offers high quality entertainment that is "family friendly fun!"

For more about Freeze tag visit www.freezetag.com.

Media Contact for Gameshastra

Sheela/Muralidharan

enRight Media Relations

Reach: +91 98498 09594 or +91 9885109594

enright@enrightpr.com


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