Phantom Gaming Service Powered By AMD Athlon™ XP Processors

LOS ANGELES -- 5/12/2004 -- Today at the Electronic Entertainment Expo (E3), Infinium Labs, Inc. (OTC BB: IFLB) announced that the forthcoming Phantom Gaming Service™ will incorporate the AMD Athlon™XP processor 2500+.

The AMD Athlon XP processor with QuantiSpeed™ architecture powers an innovative and customer-friendly gaming platform that delivers performance for cutting-edge applications and a powerful gaming experience. The AMD Athlon™ XP processor with QuantiSpeed™ architecture provides stability, compatibility and excellent 32-bit performance

“As online gaming continues its amazing growth, customers are looking for innovative ways to augment their gaming experience. The Phantom Gaming Service, with systems based on AMD Athlon XP processor 2500+, will allow gamers to play a wide range of games on demand,” said, John Morris, desktop marketing manager at AMD. “With our processors powering the system hardware, the Phantom Gaming Service will be poised to deliver solid game play based on AMD technology - a long-time favorite with the gaming community.”

The much anticipated Phantom Gaming Service – the first end-to-end, on-demand, subscription-based game distribution service – is slated to launch on Thursday, Nov. 18, 2004 and will give everyone in the family a library of titles available any time, day or night, in the comfort of their home. The service includes the industry's first free game platform hardware – the Phantom Game Receiver™ – in which the AMD Athlon XP processor 2500+ will play a central role

“It’s critical that we provide our customers with the best game play experience achievable,” said Kevin Bachus, president, Infinium Labs. “By integrating components from top suppliers like AMD, we can ensure that gamers will get the best possible performance out of the service.”

Infinium Labs is demonstrating the Phantom Gaming Service this week at E3, in Los Angeles, May 12 – 14, 2004, at Booth 746 in the South Hall of the Los Angeles Convention Center

About Infinium Labs
Infinium Labs, Inc. was founded by a management team with extensive experience in interactive media, entertainment, broadband services and technology. The company is set to launch a cutting edge online gaming service in the fourth quarter of 2004. The Phantom Gaming Service will be delivered online over any broadband network and offer a broad library of games designed to appeal to the avid gamer as well as the casual player. For more information, please visit http://www.phantom.net

Safe Harbor Statement
Certain statements included in this press release may constitute forward-looking statements. Actual results could differ materially from such statements expressed or implied herein as a result of a variety of factors including, but not limited to: the development of the Infinium Labs technology, the successful marketing and distribution of the Phantom Gaming System, acceptance by the market of Infinium Labs, products and technology, competition and timing of projects and trends in the gaming industry, as well as other factors expressed from time to time in filings Infinium Labs will make with the Securities and Exchange Commission (the “SEC”). As a result, this press release should be read in conjunction with periodic filings Infinium Labs makes with the SEC. The forward looking statements contained herein are made only as of the date of this press release, and Infinium Labs undertakes no obligation to publicly update such forward looking statements to reflect subsequent events or circumstances

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