SOURCE: Interactive Games Inc.

August 29, 2005 12:31 ET

Interactive Games and Subsidiary JamDirect.com Rock Like a Hurricane With Revenues for MTV Video Music Awards South Florida Ticket Packages

Ringtones and Wallpapers of Featured Acts and Winners of MTV Awards Available at JamDirect.com

MIAMI BEACH, FL -- (MARKET WIRE) -- August 29, 2005 -- Interactive Games Inc. (OTC BB: IGAM), a publisher and licensor of mobile gaming and wireless applications and the company's wholly owned division JamDirect, (www.JamDirect.com) today announced gross revenues for the one day pre-sale before Sunday's August 28th MTV Video Music Awards show of approximately $58,100.00. Despite early weather warnings of Hurricane Katrina possibly causing the show to cancel, The glitzy bash, hosted by Diddy was broadcast live from South Florida with no security issues, hosting and featuring some of the biggest names in popular music and show business today including ColdPlay, 50 cent, Green Day, Shakira, Ludacris, The Killers, Kanye West and Kelly Clarkson.

"Through our partnership with the Ticket Network and the NATB, we were able to provide our VIP client list with packages to the nearly sold out event and after parties where guests were able to mingle with their favorite celebrities. We specialize in sold out events and 'hard to get seats,' and most anyone really wanting to attend this event was able to do so by ordering from Jamdirect.com," stated Michael Friedman, founder of JamDirect.com. Ringtones and wallpapers for the winning acts and most featured acts at the event are also available at www.Jamdirect.com across major carriers including Cingular/AT&T, Sprint and T-Mobile.

About Jam Direct

www.Jamdirect.com, a wholly owned division of Interactive Games Inc. (OTC BB: IGAM) is fast being recognized as a premiere entertainment destination portal featuring online tickets to all concert, sport and theater events, download of ringtones, wallpapers and indie music news and feature bands. www.JamDirect.com will seek to become the premiere portal for Hard-To-Find tickets for sold-out concert, sports and theater events across the United States. The state-of-the-art m-commerce site will enable visitors to purchase online event tickets by providing a connection to buy or sell hard- to-find tickets to any event across the United States. These events include U2, ColdPlay and Rolling Stones, Elton John and Celine Dione tickets for current touring dates in the music category, New York Yankees, Boston Red Socks and Florida Marlins Tickets among others in Sports Categories as well as Wiggles to Wicked tickets in the family and theater categories. The site also offers one of the largest libraries available online for ringtones, wallpapers and indie music through its partnership with 9 Squared.

About Interactive Games

Interactive Games Inc. (OTC BB: IGAM) www.InteractiveGamesinc.com develops, licenses and publishes wireless entertainment applications, including mobile games, ring tones, and other entertainment content within the United States and internationally. The company distributes its entertainment applications primarily through wireless carriers, carrier distribution channels, Internet portals, and retail locations. Interactive Games is headquartered in Palm Beach, Florida with satellite offices in Las Vegas, Nevada.

The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, factors detailed in Interactive Games Inc.'s Securities and Exchange Commission filings; economic downturns affecting the operations of Interactive Games, Inc. and its subsidiaries; the inability to initiate or complete any contemplated restructuring, offering, acquisition, disposition or other transaction; adverse financial performance by Interactive Games, Inc. or its subsidiaries; the inability to successfully introduce new products or services; the inability to reduce interest costs; and the unavailability of financing to complete management's plans and objectives. Historical financial results are not an indicator of future financial performance. The forward-looking statements contained in this press release speak only as of the date hereof and Interactive Games, Inc. disclaims any intent or obligation to update these forward-looking statements.

Contact Information

  • CONTACT:
    Interactive Games
    866.568.GAME
    JamDirect
    888.TIXS.NOW

    Investor Relations:
    Michael Friedman
    561.651.1350