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Paradox Interactive Announces Entrance into Mobile Gaming

NEW YORK - December 4, 2008

Paradox Interactive today announced that the company is developing mobile versions of the popular franchises Hearts of Iron and Majesty. The games will be fully playable across all major mobile platforms, including the iPhone. This marks the first time Paradox Interactive has developed games for the mobile platform.

“We decided to enter the mobile space after considering feedback from our fanbase,” said Fredrik Wester, Executive Vice President of Paradox Interactive.“With the release of these titles on the mobile platform, our fans will be able to enjoy Hearts of Iron and Majesty on the go. We look forward to developing more of our titles for the mobile platform, so our fans can play Paradox games wherever they are.”

Paradox, widely known for their strategy PC titles, is in the midst of preparing for a successful 2009. They are currently developing several PC titles, including the anticipated PC sequel for Majesty- The Fantasy Kingdom Sim and the third installment of Hearts of Iron on the PC.

The mobile versions of Hearts of Iron and Majesty are scheduled for release in 2009.

About Paradox Interactive

Since 1999, Paradox Interactive has been a leading developer and publisher of PC-based strategy games. World-renowned for its strategy stable, the company holds a particularly strong presence in the United States and Europe. Its steadily-growing portfolio includes original titles such as the critically acclaimed Europa Universalis and Hearts of Iron franchises, as well as the best published titles like Penumbra: Black Plague, Supreme Ruler 2020, and the greatly-anticipated Majesty 2– The Fantasy Kingdom Sim. For more information: www.paradoxplaza.com.

Joe Ziemer, TriplePoint

(212) 730-9744

joe@triplepointpr.com

Boel Bermann, Paradox Interactive

+46 8 566 148 07

pr@paradoxplaza.com