XENDEX appoints Chief Financial Officer

Vienna, 20th November 2008. Andreas Bischof (41) has been appointed new Chief Financial Officer at XENDEX Holding GmbH. Prior to joining XENDEX, Bischof was Head of Corporate&Management Reporting with Hutchison 3G Austria GmbH in Vienna.

Austria born Bischof started his career with VISA Service Kreditkarten AG in 1995, before he joined Telekom Austria as Head of Finance&Reporting. In 2002 Bischof joined Hutchison 3G Austria as Head of Corporate&Management Reporting where he was responsible, amongst others, for the setup and implementation of business, forecasting and budget plans of the global Hutchison Group.

„We are delighted that Andreas is taking on this new challenge within XENDEX. He has not only an excellent knowledge of the telecom industry but is also a financial expert, who has repeatedly shown outstanding skills in successfully managing change and profitable growth within internationally operating organisations“, said Michael Haberl, Chief Executive Officer.„With the strategic investment of VC partner PONTIS earlier this year, XENDEX has entered into a new phase of global growth. I am convinced that Andreas´ proven track record and experience in international financing and reporting will prove invaluable in pursuing XENDEX`s ambitious expansion plans.“

About XENDEX

Founded in 2001 XENDEX is today a leading independent mobile and online games developer studio in Europe. XENDEX employs more than 45 people and operates offices in Austria, Poland and the UK. Using its cutting edge creative and technology know-how, the company´s product range encompasses more than 45 highly successful and critically acclaimed mobile titles, including various“Mobile Game of the Year” awards, as well as 25 online casino titles. XENDEX develops games based on its own IP´s as well as with leading national and international brands, including Electronic Arts, I-play, Hands-On mobile, Vodafone, Coca-Cola, Disney and THQ to name but a few. In cooperation with its partners, XENDEX games are distributed to more than 200 of the world's leading mobile carriers in over 60 countries worldwide.

For more information about Xendex please visit www.xendex.com

Media contact:

Tjadine Zack

Xendex Holding GmbH

e-mail: tjadine.zack@xendex.com

Web: www.xendex.com

Phone: +43 1 890 8 009– 311


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