Saturday, July 29, 2006

LiveHive Systems today announced that Skybook is enhancing its current
in-game betting offering with the LiveHive NanoGaming Solution in time for
the 2006 National Football League (NFL) season. Last season, Skybook rolled
out a competitive in-game betting product to its customers and found that
bettors were thoroughly captivated by the ability to wager on every play. By
upgrading to the LiveHive solution, Skybook will be launching the next
generation of NanoGaming that provides faster odds generation and longer
betting windows with no software downloads required, resulting in a better
overall wagering experience. "At Skybook we quickly realized the power of
in-game betting during last year's NFL season and thoroughly believe that
NanoGaming is the next phase in sports wagering," said Keith Anderson,
General Manager, Skybook. "The LiveHive NanoGaming Solution is the only
system that can manage the complexities associated with instant odds
generation, short betting windows and over 400 betting opportunities per
game."

The LiveHive NanoGaming Solution is a complete turnkey system that enables
online sportsbooks to offer smaller and frequent "NanoWagering"
opportunities to their customers as the action is taking place during any
live sporting event, reality TV show, or live broadcast such as award shows
or elections. Online sportsbooks are deploying the product now for the NFL
season. NCAA Football, NCAA and NBA Basketball, European Soccer, ATP Tennis,
and Major League Baseball games will be offered over the coming months.

This spring, customers enjoyed placing NanoWagers during the Survivor
reality TV series. This year, NanoGaming will be offered on a number of
other Reality TV programs including: American Idol, The Apprentice, Big
Brother, and The Bachelor.

HivePoint, a wholly owned subsidiary of LiveHive Systems will be launching
its Speed of Sport website, a NanoGaming play for fun site in time for the
NFL preseason. Says Dave Bullock, President, LiveHive Systems, "Speed of
Sport provides sports enthusiasts with a fun, free way to play along as the
action unfolds."