Mainframe Entertainment, Inc.

Mainframe Entertainment, Inc.

October 27, 2006 19:17 ET

Mainframe Entertainment Announces Approval of Plan of Arrangement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 27, 2006) - Mainframe Entertainment, Inc. ("Mainframe") (TSX:MFE), Canada's leading computer generated (CG) animation production company, today announced that at the special meeting of shareholders held on October 26, 2006, shareholders approved the arrangement transaction announced in its news release dated September 29, 2006.

Mainframe expects to complete the arrangement transaction on or about October 30, 2006 and anticipates trading of its shares on The Toronto Stock Exchange will cease shortly thereafter.

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