Koch Media Announces Co-Publishing Agreement With Jowood

Koch Media Announces Co-Publishing Agreement
With Jowood

October 28, 2005 — KOCH Media GmbH hereby
announces that a further co-publishing deal has been signed with JoWooD
Productions Software AG for the multi-platform title "Panzer Elite Action", in
addition to the contracts already signed for the games "Gothic 3", "SpellForce
2" and "The Guild 2". As before, KOCH Media has been acknowledged the exclusive
licensing and distribution rights for Germany, Austria, Switzerland, the UK and
Italy. All titles will therefore be published under both the Deep Silver and the
JoWooD label.

"We are happy to be able to continue our
successful co-publishing work with JoWooD. With its impressive graphics and the
gripping gameplay, Panzer Elite Action will complement the already powerful
line-up of Deep Silver titles," says Dr. Klemens Kundratitz, CEO of KOCH Media.

"We are particularly proud to be able to continue
the highly successful Panzer Elite brand with this exciting action spin-off in
cooperation with KOCH Media. This deal will enable JoWooD to ideally market the
multi-platform title in important European markets as well as strengthening the
company’s cooperation with KOCH Media," states Dr. Albert Seidl, Chairman of the
Board of JoWooD Productions Software AG.

"Panzer Elite Action" is being developed for the
platforms PC and Xbox by the Slovenian company ZootFly; the PlayStation 2
version is being adapted by the French company Wizarbox. "Panzer Elite Action"
will be released in 2006. For further information please visit

www.panzereliteaction.com .