SOURCE: Competitive Games International, Inc.

March 19, 2008 09:15 ET

Competitive Games International Signs Letter of Intent to Acquire 50% Interest in Canadian Software Development Firm

PANAMA CITY, PANAMA--(Marketwire - March 19, 2008) - Competitive Games International, Inc. (PINKSHEETS: CGMI), an innovative and interactive media company, today announced that the Company has signed a letter of intent to acquire a 50 percent interest in Canadian software development firm, Anasynthis Software Systems.

As a software developer, Anasynthis has expertise in several areas including, mobile technology, game development, application design, systems analysis and payment processing. For the three year period ending in 2006, Anasynthis averaged annual gross revenue of approximately $2.4 Million CAD for each of the years, 2004, 2005 and 2006. The transaction will represent a move to further solidify Competitive Games International's emergence as a player in the billion dollar Skill Games and Social Networking segments.

The CEO of Competitive Games International, Julio Collado, stated, "The acquisition of 50% of Anasynthis's outstanding shares will be a tremendous opportunity for the Company. Completion of the transaction will result in Anasynthis creating a division specifically geared to the execution of Competitive Games International's social networking capabilities by developing more applications for networking giants such as facebook, Bebo, and Friendster. The focus of this division should drastically increase the Company's international exposure and help pave the way for the future of Competitive Games."

Anasynthis is a dedicated software development company that provides true expertise and business intelligence to its clients. Anasynthis is known for its quantifiable methodology in project management processes and has proved it can provide reliable, practical and top-quality software solutions. For more information, please visit

About Competitive Games:

Competitive Games International, Inc. is an innovative and interactive media company that has been successfully developing all aspects of a newly evolving and dynamic business model within the Skill Games and Social Networking industries. For more information about the company please visit, www., and

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