Parlay Entertainment Inc.
PINK SHEETS : PRYNF
TSX VENTURE : PEI

Parlay Entertainment Inc.

October 25, 2005 12:53 ET

Parlay Entertainment Inc.: Brian W. Barr Joins Parlay's Board of Directors

OAKVILLE, ONTARIO--(CCNMatthews - Oct. 25 2005) -

Senior executive adds strength and independence to the board of directors

Parlay Entertainment Inc. (TSX VENTURE:PEI)(PINK SHEETS:PRYNF), the world's leading supplier of Internet bingo solutions, is pleased to announce that Mr. Brian W. Barr has been appointed to its Board of Directors, effective October 24, 2005, subject to normal regulatory approvals.

Mr. Barr joins Parlay's board of directors as an independent director, with a seasoned track record as an executive as well as an established background in the management of public and private corporations.

Mr. Barr presently serves as the Chairman of MedProDirect.net, which operates in Mississauga, Ontario as a supplier of adult incontinence products. He is also presently incumbent as a member of the board of directors of Aviva Canada Inc., which is the Canadian member of Aviva plc. Aviva plc operates as the United Kingdom's largest insurance group (6th largest in the world) employing some 60,000 persons with 30 million customers.

Mr. Barr also presently serves as a member of the board of directors of Canadian General Tower Limited. Canadian General Tower is an industry leader in the custom manufacturer of thermoplastic sheeting, which is distributed to a variety of industries worldwide. Canadian General Tower is a private company which is controlled by the Chaplin family of Cambridge, Ontario.

"Mr. Barr has a demonstrated breadth of business, governance and capital markets experience that will aid our company as we continue to strengthen and build Parlay into an internationally recognized software development company," said Mr. Anthony De Werth, Parlay's Chairman. "Mr. Barr will provide us with public markets experience, entrepreneurial insight and board independence, allowing our board to fulfill and go beyond our minimum requirements for transparency and corporate governance."

About Parlay Entertainment

Parlay Entertainment Inc. is the world's leading developer and dominant licensor of Internet bingo solutions. As the inventor and patent holder of Internet bingo1, Parlay is the first company in the world to develop and deploy a commercial Internet bingo product, offering a best-in-class suite that features 75-number and 90-number bingo, lottery and casino entertainment software. With its unmatched depth of industry experience and a comprehensive range of products and services, Parlay offers online gaming solutions to fit every need. Parlay has a seven year proven track record built on the success of our clients: in the last 12 months, more than 2.2 million paying players enjoyed the experience of playing Parlay games on our licensees' gaming websites. Parlay is headquartered in Oakville, Canada with offices in Bridgetown, Barbados and Valletta, Malta.

This document may contain statements about expected future events and/or financial and operating results of Parlay Entertainment Inc. that are forward-looking. By their nature, forward-looking statements require the Company to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that predictions and other forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed in the forward-looking statements.

The TSX Venture Exchange does not accept any responsibility for the adequacy or accuracy of this release.

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