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Multimedia Games releases update

AUSTIN, Texas -- (PRESS RELEASE) -- Multimedia Games, Inc. (Nasdaq:MGAM) today reported its total Oklahoma player terminal installed base and product mix as of February 28, 2007, and provided an update on other markets the Company serves.

Installed Base / Product Mix Update

The table below sets forth Multimedia Games' ("Multimedia's") end-of-period, installed player terminal base by product line or market for the months ended February 28, 2007 and January 31, 2007.

                           Total             Mexico
             Reel          Class  Oklahoma  Electronic
              Time           II   Compact     Bingo    Charity Total
Month Ended   Bingo Legacy  Units Units(1)    Units     Units   Units
------------ ------ ------ ------ -------- ----------- ------- -------
  2/28/2007  5,437    353  5,790    3,375         919   2,541  12,625
  1/31/2007  5,660    362  6,022    3,315         919   2,541  12,797
------------

(1) "Oklahoma Compact Units" represents installations of games
 pursuant to the approved gaming compact between Native American
 tribes, racetracks and the State of Oklahoma, including Multimedia's
 and other vendors' stand-alone games.

The Company had units installed at five locations in Mexico as of February 28, 2007 and January 31, 2007.

Oklahoma Market:

Pursuant to its strategy to optimize net gaming revenue, the Company is in the process of transitioning its Oklahoma linked, standard sequence bingo games and server-based compact games installed base to one-touch, stand-alone offerings. Multimedia experienced conversion delays in February related to work required to ensure compatibility of the units of one of the Company's newer, third-party gaming machine providers with Multimedia's customers' systems and product mix, necessitated by a previously unanticipated, new software release from this vendor. After addressing this issue, approximately 350 additional units in Oklahoma have been added to the stand-alone games total during the first 14 days of March, and the Company expects total March additions to the stand-alone games installed base will be approximately 500 units.

The table below breaks out by product line Multimedia's end-of-period, Oklahoma installed player terminal base for the months ended February 28, 2007 and January 31, 2007.

                                           Other      Total
               Total Class  Stand-Alone   Compact    Compact   Total
 Month Ended     II Units      Units      Units(1)     Units    Units
-------------- ------------ -----------  ---------- ---------- -------
  2/28/2007          2,998       2,320       1,055      3,375   6,373
  1/31/2007          3,221       2,253       1,062      3,315   6,536
--------------

(1) "Other Compact Units" represents server-based games.

New York Video Lottery Market:

In the New York Lottery market, Multimedia provides the central determinant system for video lottery terminals ("VLTs") at racetracks in the state, for which it receives 0.75% of the net gaming win for all units installed on the system. As of February 28, 2007, there were approximately 11,300 installed VLTs at racetracks in the state, in line with the installed VLT base at January 31, 2007. The Company expects approximately 1,400 additional VLTs will come online in New York State by March 31, 2007.

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