Stockholm June 10, 2004

Terraplay Systems has completed its financing round raising E6.5 million from Nordic Venture Partners and existing shareholders

The market for mobile and fixed multiplayer gaming continues to develop rapidly. Terraplay has made substantial progress in this market over the last twelve months. The first real-time mobile and console based commercial services were launched by its customers in the first quarter of 2004. The company's solution is key to the deployment of profitable gaming services and this financing allows the company to build further on this success.

"We are pleased with our launches in both the fixed and mobile segments so far this year and with the take-up our customers have seen from consumers," says Jeremy Lewis
CEO Terraplay Systems AB."We are seeing demand increase in all geographic markets and we are looking forward to continuing growth".

"We seek out powerful enabling technologies that can...