SOURCE: Gamers Ghost, Inc.

November 22, 2005 11:07 ET

Gamers Ghost Initiates Hardware Development of the "LanMaster VR" Series

RHINEBECK, NY -- (MARKET WIRE) -- November 22, 2005 -- Gamers Ghost, Inc. (OTC: GMGH) announces that it has completed the research phase for its first line of ancillary hardware products for the console gaming market, the "LanMaster VR" Series. The company is now please to enter into the development stage and expects the first in the product line, "LanMaster VR" base unit to be ready for release in 2006.

The "LanMaster VR" Series enables owners of console gaming devices to extend their playing experience into the realm of virtual reality, offering gamers the ability to participate in multi-player head-to-head competition on a single console while maintaining individual player screen views via wireless VR headsets and controllers.

Formerly in the web design and hosting industry, the company changed its name in October to Gamers Ghost reflecting the new business direction of software game development and ancillary products for the gaming market.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

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