FOR IMMEDIATE RELEASE

ELKWARE TO BRING THE FUN OF "MAGE KNIGHT" TO MOBILE PHONES

Mobile Gaming Leader to Create Games Based on WizKids' Award-Winning Collectable Tabletop Miniature Game

NEW YORK, NY - June 10, 2004 - elkware Inc., a leading developer of mobile entertainment, today announced that it has secured a license from WizKids to create mobile games based on the hit collectable tabletop miniature game, "Mage Knight." The agreement is part of elkware's partnership with FOG Studios, a top interactive property licensing agency, and will give elkware the exclusive rights to make mobile games based on the "Mage Knight" license for four years.

"We can't wait to bring the strategic fantasy action of 'Mage Knight' to the mobile phone," said Dirk Nagel, CEO of elkware Inc. "We feel very fortunate to have received such an exceptional license through FOG Studios, and will create mobile versions of the game that capture the spirit of the tabletop gaming experience."

"We're excited to be working with such a respected name in mobile gaming," said Jordan Weisman, WizKids' CEO. "Now 'Mage Knight' fans will be able to play their game on the go!"

About elkware Inc.:
elkware Inc., located in New York City, has its parent company in Hamburg/Wedel, Germany. elkware was founded in 1994 and is today one of the world's leading mobile game developers and publishers. elkware has superior experience in the cell phone sector, working with all major device manufacturers and network operators. Among its many games, elkware has developed mobile versions of the best selling "1503 A.D. - The New World," "Jungle Commando," "Formula BMW Racing Game 2003" and "S.W.A.T. Sniper." elkware currently offers the largest portfolio of J2ME games for all popular mobile devices worldwide. elkware's library of games is available through T-Mobile, Cingular Wireless, AT&T Wireless, Zingy and Rogers AT&T, and are factory installed on select Siemens handsets in North America. For more information, visit www.elkware.com.

About WizKids Inc.:
Founded by 20-year game-industry veteran Jordan Weisman, WizKids is a Seattle-based game developer and publisher dedicated to creating tabletop games driven by imagination. Its "Mage Knight," "MechWarrior" and "HeroClix" CMGs are among the most successful games on the market today, and the company has sold hundreds of millions of figures worldwide. For additional information, visit www.wizkidsgames.com.

About FOG Studios:
FOG Studios (www.fogstudios.com) is the world's oldest (25 years) and most widely respected interactive entertainment licensing and management firm. FOG specializes in the creation, representation and development of intellectual properties, as well as business management of the world's leading interactive software, mobile and videogame development teams. To date, in the performance of these functions and the placement of over 4300 interactive products into market, the principals of FOG Studios have directly contributed to the creation of more than two billion dollars of wealth to their clients, who have included: ESPN Sportszone, United Media, Berlitz, BMI, the Rock & Roll Hall of Fame, Eidos, Platinum Studios, Westwood Studios, Simon & Schuster, Ubisoft, Elvira: Mistress of the Dark, WizKids, Blackbelt TV and nearly five hundred more.