SOUTHPEAK INTERACTIVE CORPORATION ANNOUNCES THIRD ANNUAL EXHIBIT AT E3 2010

MIDLOTHIAN, Va.— June 1, 2010 - SouthPeak Interactive Corporation (OTC BB: SOPK), one of the world’s leading videogame publishers, in partnership with Deep Silver, the games label of Koch Media, a worldwide producer and distributor of digital entertainment products, announced that they will be exhibiting at the Electronic Entertainment Expo (E3) at the Los Angeles Convention Center on June 15-17, 2010 at booth #2813 in the South Hall.

Included in SouthPeak’s line-up for E3 will be the highly anticipated games Two Worlds II TM , the second installment in the hit fantasy role-playing game series, nail’d TM , Deep Silver’s lightning-fast off-road arcade racer and Battle vs. Chess TM , an arcade chess game with a modern combat twist.

About Two Worlds II

Building on the storyline from the first installment, Two Worlds II offers the willing adventurer the thrilling experience of a perilous and daring journey throughout a vast magical land. While undoubtedly rich in story, detail and content, the game also offers an array of unique approaches to classic game elements that push the envelope for the fantasy RPG genre.

Featuring the all-new GRACE TM game engine, Two Worlds II seeks to offer an immersive blend of two of the most important role playing elements - strong atmosphere and dazzling visuals. Incorporating cutting-edge technology features such as Real Eye Adaptation, HD Dynamic Motion Capture, and Multi-Source Dynamic Lighting, the world of Antaloor comes alive like never before as a true role-player’s paradise.

Two Worlds II will ship to retailers in the U.S., Canada and South America in September 2010 for Xbox 360 ® video game and entertainment system from Microsoft, PlayStation ® 3 computer entertainment system and Games for Windows ® . For more information on Two Worlds II visit www.twoworlds2.com or www.southpeakgames.com.

About nail’d

nail’d is all about eschewing boring realism for over the top arcade fun. It’s a racer that challenges everything from player reflexes to the rules of physics. Riding on ATVs and motocross bikes with powerful boost controls, players will race down near-vertical courses of incredible jumps, stunts and obstacles. The brutal challenge of the Yosemite National Park is but one of the many places they’ll learn the meaning of verticality.

nail’d’s single-player campaign features multiple configurable modes and races including Tournament, Time Attack and Quick Event. The multi-player mode allows players to compete head to head in a range of race-types locally or online. Earned points will determine a player’s position on leader boards. Based on the player’s performance and ability to pull off stunning feats of speed and glory during each race, they’ll unlock exciting new components to customize their vehicle.

nail'd, developed by Techland, will be released for the PlayStation ® 3 computer entertainment system, the Xbox 360 ® video game and entertainment system from Microsoft and Windows PC worldwide in the fourth quarter of 2010. For more information on nail’d visit www.naildgame.com.

About Battle vs. Chess

In Battle vs. Chess, The traditional white and black armies have evolved into an army of light with their brave knights in shining armor, pitted against the wicked dark army of demons and beastly golems. Each piece is intricately animated and as players move them around the board they spring into life, ready to wage war. If a square is occupied by an enemy unit, they enter into a brutal clash that sees the foe removed from the board in bloody combat.

Another evolutionary element Battle vs Chess brings to the arena is the addition of the optional Action Mode. If selected, instead of entering a scripted animation when attacking, players challenge their opponent in a beat-‘em-up style encounter. Using a variety of weapons, fighting techniques and combos, players must best their opponent in a fast-paced flurry of blows and special moves–adding a whole new meaning to the phrase‘checkmate’.

Battle vs. Chess will ship to retailers in the U. S., Canada, South America and the UK in October 2010 for Xbox 360 ® video game and entertainment system from Microsoft, PlayStation ® 3 computer entertainment system, Windows PC, Mac, Wii TM , Nintendo DS TM and PSP ® (Playstation ® Portable) System.

About E3

E3 Expo is the world's premiere trade show for computer and video games and related products. The show is owned by the Entertainment Software Association (ESA), the U.S. association dedicated to serving the business and public affairs needs of the companies, publishing interactive games for video game consoles, handheld devices, personal computers, and the Internet. For more information, please visit www.E3Expo.com or www.theESA.com.

About SouthPeak Interactive Corporation

SouthPeak Interactive Corporation develops and publishes interactive entertainment software for all current hardware platforms including: PlayStation ® 3 computer entertainment system, PSP ® (PlayStation ® Portable) system, PlayStation ® 2 computer entertainment system, PSP ® go system, Xbox 360 ® videogame and entertainment system, Wii TM , Nintendo DS TM , Nintendo DSi TM and PC. SouthPeak’s games cover all major genres including action/adventure, role playing, racing, puzzle strategy, fighting and combat. SouthPeak’s products are sold in retail outlets in North America, Europe, Australia and Asia. SouthPeak is headquartered in Midlothian, Virginia, and has offices in Grapevine, Texas and Leicester, England.

For additional information, visit SouthPeak’s corporate website: www.southpeakgames.com. If you would like to be added to SouthPeak’s email list to receive news directly, please send your request to southpeak@tpg-ir.com.

About Deep Silver

Since 2003, Deep Silver has developed and distributed interactive games for all leading videogame platforms. In all, the company has published more than 100 games. Deep Silver products are designed to equally appeal to a wide audience, from kids to adults. For more information please visit www.deepsilver.com

About Koch Media

Koch Media is a leading producer and distributor of digital entertainment products (software, games and films). The company's own publishing activities, marketing and distribution extend throughout Europe and the USA. It has also formed strategic alliances and distribution relationships with numerous software and games manufacturers: Avid Technology, Braingame, Capcom, Cyberlink, Dofus, DTP Entertainment, Focus Home Interactive, G-Data, Kaspersky Labs, Magix, Mindscape, Nero, Paradox Entertainment, Playlogic, RTL Interactive, Square Enix, System 3 etc. Headquartered in Planegg near Munich/Germany, Koch Media owns branches in Germany, England, France, Austria, Switzerland, Italy, Spain, the Nordics, Benelux and the USA. www.kochmedia.com

Xbox, Xbox 360, and Xbox LIVE are trademarks of the Microsoft group of companies.

"PlayStation” is a registered trademark of Sony Computer Entertainment Inc.

Other trademarks are the sole property of their respective owners.

Contacts

Media:

SouthPeak Games

Aubrey Norris, PR Manager

817-305-0055

anorris@southpeakgames.com

Investor Relations:

The Piacente Group, Inc.

Brandi Floberg or Lee Roth

212-481-2050

southpeak@tpg-ir.com


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