MYTHIC ENTERTAINMENT HIRES MARK D. GAGNE AS EVP/CFO

Mythic |

FOR IMMEDIATE RELEASE

FAIRFAX, VA - NOVEMBER 16, 2004 - Mythic Entertainment, developer and publisher of the massively-multiplayer online role-playing game, "Dark Age of Camelot," today announced that Mark D. Gagne has joined the company as Executive Vice President and Chief Financial Officer.

"We are extremely excited to have a person of Mark's talent and experience joining our executive team," said Mark Jacobs, President and CEO of Mythic. "His knowledge and experience in the areas of finance, operations, strategic planning and business development will be of significant benefit to our future growth and success."

"Consulting with Mythic over the past two years has allowed me to learn more about the online game industry and to better understand that Mythic is uniquely positioned to grow and prosper in what has become a multi-billion dollar industry", said Mark Gagne. "I am thrilled to take on the role of Executive Vice President and CFO and look forward to helping to continue to build Mythic into a dominant player in the online game industry."

Gagne is a seasoned executive with more than 20 years experience driving the profitability and growth of both public and private companies in a broad range of industries including software development, internet and database technologies and direct marketing services. Gagne is managing partner and co-founder of Decagon Partners. Some of his previous positions include CEO of Availant, Inc and CFO/COO of three public companies leading three IPO's (CMGI, BridgeStreet, Clarus).

About Mythic Entertainment

Mythic Entertainment is one of the most successful developers and publishers of massively multiplayer online role-playing games in the world. Credited with 15 online games, including the award winning "Dark Age of Camelot^®," Mythic's success is based in proprietary technology, superior game design and exemplary customer service delivered by a talented staff of more than 150 people. "Dark Age of Camelot^®" is played by more than 250,000 subscribers in almost every country in the world, and has been translated into four languages.

Mythic has been recognized for their business achievements by the Inc. 500, Deloitte Fast 500, and as a 2004 finalist in the Dell Small Business Awards. In addition to "Dark Age of Camelot^®" expansions, Mythic is currently developing "Imperator^TM," a next-generation Sci-fi MMORPG, scheduled for release in winter of 2005. More information about Mythic Entertainment is available at www.mythicentertainment.com .

CONTACT:

Eddiemae Jukes

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