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Phantom Console Unveiled Aug 17

SARASOTA, FL, Aug. 15, 2003 -- Infinium Labs today announced that Gigex, the leading promotion and marketing service for interactive entertainment, will be the exclusive distribution partner for the online video unveiling of the Phantom Game Console(TM). The video unveiling will take place at midnight ET, Sunday, Aug. 17, at www.phantom.net and www.gigex.com/phantom.

"We are extremely pleased to be partnering with Gigex to unveil our Phantom Game Console," said Timothy M. Roberts, President and CEO of Infinium Labs. "The Phantom unveiling will reach a much wider audience through Gigex distribution at www.gigex.com/phantom. We anticipate our website at www.phantom.net will attract several million viewers," Roberts said.

"We are pleased to help introduce the Phantom Game Console(TM) by distributing the unveiling video at www.gigex.com/phantom," said Gigex CEO Mark Friedler. "The video will demonstrate the Phantom's features and capabilities to our customer base of over 23 million video game enthusiasts."

2Advanced Studio of Aliso Viejo, California, is producing the video unveiling. The video will give the gaming community a "first look" at the new next-generation game console and show viewers all that the Phantom(TM) will have to offer. The video is the first phase of a multiphase rollout of the Phantom Game Console(TM) over the next several months.

Infinium Labs' Phantom(TM) next-generation game console supports games on demand, game rentals, game demos, seamless upgrades and patch management. At launch, the Phantom(TM) will be the fastest, most powerful console on the market and will include a broad selection of pre-loaded games, on-demand games and game rentals.

The Phantom(TM) is an always-on broadband device, which will allow gamers a wealth of options, from wireless connectivity to massive multiplayer capabilities, allowing gamers to demo games before purchasing or subscribing. For more information on the Phantom Game Console(TM), please visit www.phantom.net.

About Infinium Labs

Infinium Labs, is a visionary global entertainment and interactive gaming company. Infinium Labs developed its flagship product the Phantom Game Console(TM), a cutting-edge and intuitive gaming console and delivery
system that will be the performance leader in the interactive entertainment industry. Founded and managed by senior interactive media, entertainment and technology leaders with proven industry experience and success, Infinium Labs markets a robust game console that appeals to a wide target audience of interactive gamers with its ease of use, intuitive graphic user interface, quality assurance and robust delivery system. For more information, please visit www.infiniumlabs.com or www.phantom.net.

About Gigex Inc.

Gigex is the leading promotions company specializing in distribution of product demos and trailers to key consumer press and media on the Internet. Gigex reaches over 23 million users each month through with its free broadband video game demos and trailers across over 75 leading portal, entertainment and lifestyle websites. Founded in 1995, Gigex (http://www.gigex.com) is privately held with offices in San Francisco and New York City.

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