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Interactive Games diversifies

WEST PALM BEACH, Florida -- (PRESS RELEASE) -- Interactive Games, Inc. (the "Company" or "Interactive") (OTCBB: IGAM) announced today that it has signed a non-binding Letter of Intent with Nuvo Solar Energy, Inc. ("Nuvo"), a development-stage company based in Centennial, Colorado. Under the terms of the agreement, Interactive would acquire all of the issued and outstanding capital stock of Nuvo in a tax-free exchange for approximately two-thirds of the outstanding common stock of Interactive on a post-closing basis.

Over the last year, Interactive's business plan has been impacted by recent legislative changes within the redemption and wireless gaming sectors and as a result the business plan was never fully implemented. As part of the transaction, the Company plans to spin off its present gaming business operations to its stockholders in order to provide the greatest opportunity to increase shareholder value.

The Company is also negotiating for the exchange at a substantial discount of approximately $4.3 million of Interactive's existing debt for cash and Interactive stock, which the Company believes will be accretive to equity. In addition, among other terms, the agreement calls for a recapitalization of Interactive following which there would be 20,000,000 shares of Interactive common stock outstanding immediately prior to closing of the transaction.

Completion of the transaction is subject to customary closing conditions including, but not limited to, further due diligence, receipt of audited Nuvo financial statements, negotiation and execution of a definitive agreement, completion of contemplated restructuring conditions and any necessary board of director or stockholder approvals. The Company anticipates the transaction will close early to mid first quarter of 2007.

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