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TransGaming Closes Sale of Its Cross-Platform Portability Technology to NVIDIA

Marketwired

TORONTO, ONTARIO--(Marketwired - June 16, 2015) - TransGaming Inc. (TSX VENTURE:TNG) announced today that it has closed the sale of its cross-platform portability technology to NVIDIA previously announced on June 11, 2015. The technology is part of the company's Graphics and Portability Group and includes Cider™, its core-enablement or translation and related technologies, along with associated customer relationships, but not SwiftShader. The transaction remains subject to final acceptance by the TSX Venture Exchange.

About TransGaming

TransGaming Inc. (TSX VENTURE:TNG) provides global brands and audiences with the freedom to play. GameTree™ TV, TransGaming's on-demand cloud gaming service, is accessible to the largest connected TV distribution footprint in the world - available to play on over 100 million Smart TV's and set-top boxes. TransGaming's cross-platform capabilities enable PC & console titles with world leading games franchises and development partners for the Smart TV market with ease and efficiency. Headquartered in Toronto, with offices in Tel Aviv and Kiev, TransGaming is a public company listed on Canadian TSX Venture Exchange. Discover more at www.transgaming.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.