SOURCE: MGN Technologies, Inc.

September 18, 2006 09:30 ET

MGN Technologies, Inc. Corporate Update

KIRKLAND, WA -- (MARKET WIRE) -- September 18, 2006 -- MGN Technologies, Inc. (OTCBB: MGNLF), doing business as Mobile Gaming Now, is pleased to announce they have signed a representation agreement with Poker Royalty, a private firm, located in Las Vegas, Nevada.

Poker Royalty has established themselves as the leaders of the industry representing and negotiating marketing deals on behalf of most of the top ranked poker players in the world including Daniel Negreanu, Phil Hellmuth and Jamie Gold. Mobile Gaming Now has established their relationship with Poker Royalty for the purposes of marketing their unique Mobile Gaming platform as well as furthering potential business relationships within the gaming industry.

"We feel that while we have been able to establish a number of industry relationships, having a firm such as Poker Royalty represent us will open more doors and discussions much quicker than by going it alone. Poker Royalty was chosen because of their presence and strength within the poker world," said Mark Jensen, CEO and President of MGN Technologies, Inc.

For more information please contact MGN Technologies, Inc. at toll free 1-888-602-9596 or visit our website at www.mobilegamingnow.com

About Mobile Gaming Now

Mobile Gaming Now is a software developer and marketer with offices in Kirkland, Washington and Vancouver, British Columbia. The Company operates its own gaming sites, as well as licenses its platform to strategic partners. The Company developed the first multi player Texas Hold'em game for free or money with integrated PC and mobile play. Please click onto www.mobilegamingnow.com for more information.

About Poker Royalty

Poker Royalty is a full service poker player marketing and representation agency specializing in the poker industry. Founded in 2003, Poker Royalty has successfully negotiated over 200 poker related sponsorships, endorsements, speaking appearances, licensing and consulting agreements. Poker Royalty's relationships within the gaming industry are unparalleled and include exclusive management of poker's most marketable players and properties. For more information, please contact:

James Sullivan
Executive Vice President
Poker Royalty, LLC
8367 West Flamingo Road, Suite 102
Las Vegas, Nevada  89147
Phone - 702-868-9003
Email - james@pokerroyalty.com
Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations and/or claims.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others: (i) the risk that current or future licensees of the Company's products are restricted by laws or regulations concerning gaming or related activities; (ii) the inability of the Company to license its products to licensees as a result of disputes over terms; (iii) the inability of the Company to keep pace with technological advancements in the mobile entertainment industry; (iv) the Company's software not operating as expected; (v) the Company suffering technological problems that the Company cannot economically repair; (vi) the Company not being able to retain key employees; (vii) competitors providing better or cheaper products; (viii) markets for the Company's products not developing as expected; (ix) the Company's inability to finance its operations or growth. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligations to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to risk factors disclosed in the Company's periodic reports filed from time-to-time with the Securities and Exchange Commission and available at www.sec.gov.

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