SOURCE: Hardwired Interactive, Inc.

November 13, 2008 14:46 ET

Hardwired Interactive Issues Corporate Update

New Shareholder Update Announced Thursday, November 13, 2008

THE WOODLANDS, TX--(Marketwire - November 13, 2008) - Hardwired Interactive, Inc., (PINKSHEETS: HDWR), an interactive social networking company, is pleased to update its shareholders and the investment community on the developments that have taken place since our reverse merger in August 2008 and its current status as the Company continues to execute its business plan and corporate goals.

"We have generated tremendous interest over the last three months in our technology platform and would like to outline for our current shareholders and the investing public our technologies that will help us make the shift from a developmental stage company to an operating emerging growth company in early 2009. Now that we have a proven interest, we are entering the final development phase for our platform -- internally called the 'HIP Platform' or Hardwired Interactive Platform," commented Mark T. Wood, Chairman and Chief Executive Officer of Hardwired Interactive, Inc.

The Company is currently developing two unique and integrated websites that the Company anticipates will showcase the HIP Platform. The websites are http://www.celldog.com and http://www.launchpit.com. "Celldog is on track to launch in Q1 2009 and Launchpit following shortly thereafter in Q2 2009. The websites are designed to capture the multi-billion dollar opportunity created by the social intersection of the ubiquitous cell phone and on-line entertainment sector in the targeted 13-39 age demographic," commented Kevin E. Wright, Chief Marketing Officer of Hardwired Interactive, Inc. "We will offer free and paid socially networked messaging services, ring tones, wallpapers and video licensed from top artists, studios, networks and athletes that have loyal fan base followings in our desired demographics."

The Company believes the market for socially networked wireless communication is one of the most untapped and underserved markets in existence today. In the United States, there are over 255 million cell phone users and over 150 million social network users. The Company anticipates that bringing social networks and services to a cell phone user will expand their use of our services to include on their cell phones, greatly increasing our ability to sell targeted advertising and increasing our revenue generation capability.

In August of this year, we conducted a 1 for 5 reverse stock split, which was the first step in reaching an important public company goal: listing on a national exchange. The Company's trading symbol has changed from KGTO to HDWR and it has since commenced an investor awareness program to gain exposure within the investment community. "We are moving forward with our plan to gain a listing on the OTCBB in 2009 and our corporate restructuring activities over the last three months were designed to help achieve that goal," said Mr. Wood.

Hardwired has made significant progress over the last three months and is focused on executing its business plan and building value for its shareholders. "Everyone at Hardwired is excited and confident in our ability as a company to launch operations and grow to our full potential. We have made progress towards that goal and are looking forward to rewarding our shareholders in the coming years," Mr. Wood concluded.

About Hardwired Interactive

Hardwired Interactive, Inc., creates market driven programs, social networks and websites that work 24/7 to transform static on-line social environments and websites into exciting and ubiquitous revenue generating and information sharing portals. Hardwired's products range from simple "install it yourself" widgets, websites, social networks and programs to complete turnkey solutions for larger corporate needs. For more info visit Hardwired Interactive's website at http://www.hdwrd.com.

Safe Harbor Statement:

The above news release contains forward-looking statements. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of business risks, external factors and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements. The Company assumes no obligation to update the information contained in this press release, whether as a result of new information, future events, or otherwise.

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