TransGaming Inc.
TSX VENTURE : TNG

TransGaming Inc.

December 17, 2009 17:00 ET

TransGaming Inc. Option Grants

TORONTO, ONTARIO--(Marketwire - Dec. 17, 2009) - TransGaming Inc. (TSX VENTURE:TNG)("TransGaming" or the "Company"), a leading developer of innovative products for the electronic entertainment industry, announced today that in the past the Company mistakenly did not issue press releases in connection with option grants to Insiders. On the recommendation of the TSX Venture Exchange, the Company has undertaken to disclose all of its options grants to Insiders and persons engaged in investor relations activities since November 25, 2005. The following table provides the details of such grants.



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Last First Insider's Grant Granted Exercise Expiry
Name Name Role Date Options Price Date
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Cristiani Damian Director 24/02/2006 31,500 $0.16 24/02/2011
06/03/2007 50,000 $0.40 06/03/2012
29/05/2008 30,000 $0.40 29/05/2013

DeCristofaro Anthony Director 24/02/2006 22,500 $0.16 24/02/2011
06/03/2007 50,000 $0.40 06/03/2012
29/05/2008 30,000 $0.40 29/05/2013

Munro Kerry Director 03/10/2007 25,000 $0.50 03/10/2012
29/05/2008 30,000 $0.40 29/05/2013

Nemanic John Director 24/02/2006 22,500 $0.16 24/02/2011
06/03/2007 50,000 $0.40 06/03/2012
29/05/2008 30,000 $0.40 29/05/2013

Wise Sean Director 24/02/2006 45,000 $0.16 24/02/2011
06/03/2007 85,000 $0.40 06/03/2012
29/05/2008 30,000 $0.40 29/05/2013

Ensing Dennis Exec 24/02/2006 100,000 $0.16 24/02/2011
Officer 06/03/2007 90,000 $0.40 06/03/2012
29/05/2008 55,000 $0.40 29/05/2013

Gupta Vikas Exec 24/02/2006 130,000 $0.16 24/02/2011
Officer 06/03/2007 120,000 $0.40 06/03/2012

State Gavriel Exec 24/02/2006 130,000 $0.16 24/02/2011
Officer 06/03/2007 120,000 $0.40 06/03/2012

Nowosad Paul Insider 29/05/2008 75,000 $0.40 29/05/2013
27/10/2008 75,000 $0.24 27/10/2013

McKay Dave Insider 08/11/2006 40,000 $0.40 Forfeited
06/03/2007 100,000 $0.40 Forfeited

Langley Sean Insider 24/02/2006 150,000 $0.16 Forfeited
06/03/2007 75,000 $0.40 Forfeited
29/05/2008 50,000 $0.40 Forfeited

Posner Daniel Insider 10/11/2008 100,000 $0.25 10/11/2013

Dube JF Investor 08/11/2006 110,000 $0.40 08/11/2011
Relations ---------
2,051,500
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A total of 3,234,000 options remain outstanding in connection with grants by the Company during this period to all employees and Insiders. The exercise price of all the options was determined by the board at the time of the option grants to be equal to the closing price of the Company's common shares on the TSX Venture Exchange on the trading day immediately prior to the option grant.

The details provided above are consistent with the option grants as reported by the Insiders on System for Electronic Disclosure by Insiders ("SEDI") and the Company's disclosure in its interim quarterly financial statements for the applicable period in which the grants occurred.

About TransGaming Inc.

TransGaming Inc. (TSX VENTURE:TNG), is a leader in the development of unique software portability products that facilitate the deployment of games across multiple platforms. TransGaming's portability technologies significantly reduce the time-to-market for and costs associated with multi-platform game releases. TransGaming works with many of the industry's leading developers and publishers to enable their games on the Mac and Linux operating systems, and currently markets its products under four brand names: Cider (Mac Gaming), Cedega (Linux Gaming), SwiftShader (Graphics Rendering) and GameTree (Game Publishing & Distribution). TransGaming is headquartered in Toronto, Canada and maintains a research and development center in Ottawa, Canada. To learn more about TransGaming's products visit www.transgaming.com.

The TSX Venture Exchange does not accept the responsibility for the adequacy or accuracy of this press release.

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