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Veridigm, MKW Consulting sign deal

"During this time of rapid expansion surrounding the upcoming launch of the Company's recently developed game 'Megaz Bucks', the largest progressive jackpot game to ever be offered on the Internet, we felt the Agent, who maintains longstanding relationships in the gaming industry, will be able to present and facilitate financing, acquisition and joint venture opportunities," stated Ms. Mills. The Agent is currently in discussions with several online gaming operators to offer the soon to launch 'Megaz Bucks' game.

The Company recently announced the development of 'Megaz Bucks', its newly developed game which will allow the Company's gaming operating customers to offer the "largest progressive jackpot game" to ever be offered on the Internet. The upcoming launch of the 'Megaz Bucks' game is an example of how the Company intends to continue to invoke excitement in the industry and amongst its growing customer base by providing both innovative gaming software and entertainment services.

The Company would also at this time like to welcome to its Board of Directors Mr. Rowland J. Mosser. Mr. Mosser brings to the Company extensive senior management experience in both the private and public settings. Possessing an extensive background in corporate reorganization, expansions and mergers, Mr. Mosser also brings with him a successful history of corporate acquisitions and funding.

Progressive style jackpot games continue to generate global media and player attention like no other. Unlike the Powerball, MegaMillions, or EuroMillions gaming models that have state-to-state or border-to-border restrictions, the 'online progressive model' that the Company will provide offers few restrictions, no boundaries and is applied to the 'international' online gaming community, excluding the USA.

The online gaming industry remains one of the fastest growing e-commerce industries on the Internet. A recent study released by Merrill Lynch has reported that the Internet gaming industry is still in its infancy. Merrill Lynch predicts that by 2015 the market will bring in $528 billion annually worldwide, making it by far the largest ecommerce industry online. The report also stated 2006 earnings to be nearly $15 billion.

A premium level of products and entertainment services will continually be developed and provided by the Magnus Group of companies. Veridigm Inc., whose new official name will change to Magnus Entertainment Group, will operate through three wholly owned subsidiaries: Magnus Marketing Systems, Magnus Gaming Technologies Ltd and Magnus Showbiz.

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