505 Games Announces Deep Black

Underwater Action Shooter Coming to Xbox 360™ and PlayStation®3 in 2011

Agoura Hills, CA - July 8, 2010 - 505 Games today announced a global agreement with Russian developer Biart Studio LLC, to publish Deep Black on the Xbox 360™ video game and entertainment system from Microsoft and PlayStation®3 computer entertainment system platforms.

Set to release in Q1 2011, the unique underwater setting of Deep Black combines action-packed battles with an immersive story line that blends science-fiction, espionage and bio-terror. Realistic underwater physics add intensity to this third-person action thriller.

With the majority of the gameplay taking place below the water's surface, action-adventure fans will need to master new skills to fight hostile enemies and infiltrate enemy bases. Players will take to the murky depths armed with equipment ranging from specialized underwater jet packs with integrated harpoons, mini submersibles and other high-tech equipment to battle their submerged enemies.

About 505 Games
Based in Los Angeles, CA, 505 Games (U.S.) is the North American division of 505 Games, a global videogame publisher. The U.S. operations launched in May, 2008 to bring quality interactive entertainment to North America on all game platforms including Microsoft Xbox 360™, Sony PlayStation® 2, PlayStation® 3, PSP, Nintendo Wii™ and DS, as well as PC, online, and mobile.  The company's management team hails from the leaders in global entertainment including major motion picture studios, videogame publishers and leading game development studios. With the company's deep experience and proven success in interactive entertainment worldwide, 505 Games is looking to drive the industry forward with innovative game experiences that integrate next generation game play, immersive stories and integrated brands that can take the business to a new level.  The company offers a broad selection of videogame titles in all genres for players of all ages.

About Biart Studio LLC
Biart Studio was founded in 2007 and is now one of the leading computer and videogames developers in Russia.  Today Biart Studio has two main priorities: development of high technology video and edutainment games in cooperation with the Russian government. Biart Studio has developed its own multi-platform engine for PC, Microsoft Xbox 360®, Sony Playstation®3, Sony Playstation® Portable. This engine is optimized for underwater worlds, FPS and TPS projects. Located in Russia's Silicon Valley, the main office of Biart Studio is located in Moscow.  For more information on Biart Studio please visit www.biart.ru