SOURCE: Competitive Games International

March 18, 2008 16:10 ET

Competitive Games International Establishes Asian Pacific Division

PANAMA CITY--(Marketwire - March 18, 2008) - Competitive Games International, Inc (PINKSHEETS: CGMI), an innovative and interactive media company, today announced the official opening of its Asian Pacific operations with divisional headquarters in Shanghai, China.

The strategic decision to expand corporate offices to the Asian Pacific market was determined by several key factors, including the ability to better service multi-national clients, greater ability to capitalize on the burgeoning games industry in the Asian region, and increased exposure and brand recognition of Competitive Games International.

China, with more than 137 million active Internet users, has the second largest online user base in the world, second only to the United States. With over 31 million Chinese Internet users engaging in some form of online video game play, China is expected to be home to a $2.1 billion game industry by 2010, according to research and consultancy firm Niko Partners.

Moreover, the region has emerged as a leader in the outsourcing of games and game assets. Competitive Games will seek to expand its inventory of online Skill Games by focusing on games developed, deployed, and marketed in the region.

Julio Collado, the chief executive officer of Competitive Games International, stated, "The cornerstone of the company's growth strategy is our ongoing commitment to internationalize the business. Plans to expand into new markets have always been part of our business plan and we are now decisively acting on this. I believe that our evolving worldwide focus along with other emerging catalysts will bode well for the Company's future growth."

About Competitive Games:

Competitive Games International (CGI) is a new and innovative Skill Games (or Casual Games) Company that uses a strategic Affiliate Marketing program -- Multi Tiered Affiliate Marketing ™ (MTAM) -- to encourage both game play and the distribution of CGI products and services. CGI provides a unique web-based Skill Games arena that allows members and players alike to play games for fun or for money against other members. The MTAM system allows individual members to market CGI products and services to others and subsequently earn revenues by way of a revolutionary compensation structure. Revenues for the company are generated from the retail sale of CGI products and services, Skill Game play, advertising and future licensing agreements.

For more information about CGMI visit www.competitivegames.com.

Forward-Looking Statements

This press release contains certain statements which are not historical or current fact and constitute forward-looking statements within the meaning of such term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual financial or operating results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms may, will, potential, opportunity, belies, belier, expects, intends, estimates, anticipates or plans to be uncertain and forward looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements and filings. Except historical matter contained herein, matters discussed in this news release are forward-looking statements and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect the Company's business and prospects and cause actual results to differ materially from these forward-looking statements.

Contact Information