DGAP-News: 10TACLE STUDIOS AG announces successful completion of capital measures


10TACLE STUDIOS AG / Corporate Action/Restructure of Company

29.07.2008 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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The proceeds from the new issue secure the planned restructuring of the
group with emphasis on digital worlds and corresponding online-gaming
portals


Darmstadt, 29th July 2008 – 10TACLE STUDIOS AG informs in an ad-hoc
announcement as of today that the capital measures of the company that were
decides upon on 3rd July 2008 have been successfully concluded.

The convertible bond and the capital increase were fully subscribed for by
investors. The total proceeds from both actions, amounting to about EUR
6.2m, remedy the liquidity shortage of 10TACLE STUDIOS AG and forms the
financial basis for the restructuring measures already initiated by the
company.

The reorientation and consolidation of the group will be progressed
further. In the meantime, all activities of the company have been subjected
to a strict assessment of profitability, the results of which will be
announced in the near future. This includes:

  - the possible sale of subsidiary companies;

  - cessation of own sales activities;

  - operational emphasis on the conception, development and operation of
    portals for digital theme-worlds and with this on the area of
    profitable online-gaming.

Joachim Magin, CEO of 10TACLE STUDIOS AG since May 2008: 'We are happy to
have created a solid basis for the reorientation of the company by the
successful capital measures.  We consider the full subscription of the
capital measures to be a sign of the investors’ trust in the future of the
'new' 10TACLE STUDIOS.'

The company also announced that the audited financial statements will be
presented at the end of August 2008. Depending on the date of the
presentation of the financial statements, the annual shareholders meeting
will take place in September or October 2008 in Darmstadt.



About 10TACLE STUDIOS AG:

10TACLE STUDIOS AG, listed in the General Standard of the Frankfurt Stock
Exchange (WKN:TACL10, ISIN DE000TACL107) is one of the leading independent
development- and production-companies for high quality computer- and video
games (Games) with future emphasis on the area of Online-Gaming. 10TACLE
STUDIOS AG produces on international top level and covers all relevant and
growing sectors of the games market. The company operates on various
development locations in Europe and Asia.
DGAP 29.07.2008 
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Language:     English
Issuer:       10TACLE STUDIOS AG
              Goebelstr. 21
              64293 Darmstadt
              Deutschland
Phone:        +49 (0)6151 39 738 21
Fax:          +49 (0)6151 39 738 10
E-mail:       ir@10tacle.com
Internet:     www.10tacle.com
ISIN:         DE000TACL107
WKN:          TACL10
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of News                                     DGAP News-Service
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