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/ CORRECTION - Interactive Games Inc. Announces Financing With Divine Capital Markets LLC

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In the news release, "Interactive Games Inc. Announces Financing With Divine Capital Markets LLC," issued earlier today by Interactive Games Inc. (OTC BB: IGAM), we are advised by the company that the second sentence of the third paragraph should be removed and the third sentence of the third paragraph should read "We look forward to working with Interactive Games management to help deliver on their business plan." rather than "We look forward to working with Elgrande's management to help deliver on their business plan." as originally issued. Complete corrected text follows.

Interactive Games Inc. Announces Financing with Divine Capital Markets LLC

WEST PALM BEACH, FL -- 04/28/2006 -- Interactive Games Inc. (OTC BB: IGAM), a developer and licensor of specialty slot machine and mobile entertainment software to the casino gaming and wireless entertainment industry, today announced that it has executed an agreement with Divine Capital Markets LLC that provides the Company with up to $US 700,000 in convertible debenture financing. The debentures are due three years from the closing date and are convertible into restricted common stock of the Company. Related to this financing, the Company will file a form 8-K with the Securities and Exchange Commission by market close today, on April 28th, 2006.

Divine Capital Markets LLC (www.divinecapital.com) is a boutique securities brokerage and investment banking firm. The firm is recognized for providing institutions, corporations and a short list of accredited investors with high quality trading strategies, research, consulting services and private wealth management.

Danielle Hughes, Chief Executive Officer of Divine Capital Markets LLC, stated, "We take pride in our ability to identify undervalued companies with strong management, growth potential and competitive advantages. We look forward to working with Interactive Games management to help deliver on their business plan."

Mr. Henry Fong, President and CEO for Interactive Games Inc., commented, "We are extremely pleased to have secured this financing with Divine Capital, as it enables our company to better focus on our business strategy and explore additional areas of growth for both our company and our shareholders."

About Interactive Games

Interactive Games Inc., http://www.interactivegamesinc.com, is a developer and licensor of interactive casino technologies and redemption gaming applications. Interactive Games has entered into license and distribution agreements with Ed McMahon for the Interactive Games "Million Dollar Madness Class III Slot Machine," Best Bet Media, Global Gaming and other third-party manufacturers and distributors, in which the company has the right to market, sublicense and distribute gaming and mobile entertainment products under the Interactive Games brand.

This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.

Distributed by Market Wire



 
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