TransGaming Inc.
TSX VENTURE : TNG

TransGaming Inc.

March 10, 2011 16:30 ET

TransGaming Inc. (TSX VENTURE:TNG) Compensation Disclosures & Stock Option Plan Update

TORONTO, ONTARIO--(Marketwire - March 10, 2011) - TransGaming Inc. (TSX VENTURE:TNG) ("TransGaming" or the "Company") announced today that it has filed on Sedar a revised and restated Form 51-102F6 (Statement of Executive Compensation) to bring it in line with the requirements of National Instrument 51-102.

The Company also confirms that shareholders passed a resolution concerning changes to the Company's Stock Option Plan presented at the Company's Annual General Meeting of Shareholders held on September 29, 2010. The resolution to approve an amendment to the Stock Option Plan from a "rolling" plan to a "fixed number" plan and increase the aggregate number of Common Shares reserved for issuance upon the exercise of options pursuant to the Stock Option Plan from 10% of the total number of Common Shares outstanding on the date of grant to 11,891,824, which was 20% of the issued and outstanding Common Shares as at the date of the Meeting, as more particularly described in the Notice of 2010 Annual Meeting of Shareholders and Information Circular, was passed by a majority of shareholders present in person or represented by proxy at the meeting.

About TransGaming Inc.

TransGaming, Inc. (TSX VENTURE:TNG), is a leader in the deployment and distribution of electronic entertainment across multiple platforms. TransGaming works with the industry's leading developers and publishers to enable and distribute their games for the Mac and Linux/CE platforms, and currently markets products under: Cider (Mac Gaming), GameTree (Game Publishing & Distribution Platforms), and SwiftShader (Graphics Rendering). TransGaming is headquartered in Toronto, Canada, with an R&D office in Ottawa, Canada, and the GameTree TV development office in Atlanta, GA. To learn more about TransGaming visit www.transgaming.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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