SouthPeak Acquire top New Recruit

London, England– July 10th 2008, SouthPeak Interactive Corporation is happy to announce the signing of Jonathan Hales as the new Managing Director of European Markets. Jonathan brings a pedigree from many years of experience in the Games Industry, having started his career at Codemasters in 1999, he has witnessed many changes in a fast-growing market. Jonathan left Codemasters as Vice President and General Manager for Northern Regions; he then took up his next challenge of developing and setting up Kalypso Media UK and made the decision to leave at the pinnacle of his time there to further develop his career at SouthPeak Games.

Jonathan now brings his experience and enthusiasm to SouthPeak where he will head up their European Operation to further develop their expanding portfolio.

"I am very excited by this new opportunity.." said Jonathan Hales, ".. and am looking forward to working with SouthPeak. I have followed their growth with interest and see this as a chance to really make a difference in thenext stage of their development. I know of their great reputation with developers and publishers alike and plan to continue directing the European Operation in the same way."

"We are delighted to welcome Jonathan on board, we look forward to working alongside him and sharing our positive growth with him" said Melanie Mroz, CEO of SouthPeak Interactive Corporation. She added "Jonathan brings a strong history of success in our industry and we welcome him and hope that he will add to our already very strong European Team."

Jonathan Hales joins SouthPeak Games on 1st August 2008

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