MAJESCO ENTERTAINMENT – A TRUE PARTNERSHIP WITH PARIPLAY
August 17, 2013

Majesco Entertainment is traded on the United States stock exchange (NASDAQ: COOL) and is an innovative provider of video games for the mass market for the last 22 years in the United States and around the world. Majesco Entertainment has established GMS Entertainment and acquired Pariplay to lead its online gaming business. The new venture with Pariplay will explore emerging growth opportunities in the social and online gaming industry.

Majesco Entertainment acquired Pariplay to strengthen its portfolio in the rapidly growing online gaming industry and to segment and position the company for long term growth as more jurisdictions around the world move to legalize real money online gaming. The partnership between Pariplay and Majesco Entertainment will allow both companies to utilize their corporate network and game development experience to create a strategic partnership that will establish a competitive and creative edge in the market.

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