Conspiracy Entertainment Corporation (CPYE.OB) today announced the appointment of Michael Hayward as Chief Executive Officer of subsidiary company Conspiracy Entertainment Europe Ltd.

Based in Cambridge, UK, Conspiracy Entertainment Europe (CEE) was established in January 2004 as a 'Value Priced Publisher' with the intention of publishing branded and unbranded titles on PS2, Xbox, and PC platforms in over 25 European and PAL territories via a strong network of leading games distributors. CEE has an exclusive distribution agreement with Conspiracy (US) covering all current and future titles produced or licensed by the company.

"We are extremely pleased to have Michael Hayward in charge of European operations. His expertise in development and publishing will poise Conspiracy Europe to be an instant leader in the value publishing sector," said Conspiracy CEO Sirus Ahmadi.

With over 20 years experience in the games industry as a developer and publisher, Michael Hayward is responsible for completing licensing and distribution agreements with publishers in the UK, USA, Japan and Korea, worth over $30 Million. Hayward has started Logotron and Millennium, extremely successful software companies that went on to be sold to the Pearson Group and Sony Computer Entertainment, respectively. He served 2 years as the Director of ELSPA (European Software Publishers Association), the industry trade body. Since 1998, Hayward has been a business consultant and licensing agent representing various games developers.

"I am excited to be involved with Conspiracy as the head of European operations," states Michael Hayward. "We have a strong product range and are confident that the European operation will become an important asset to the parent operation."

CEE is set to launch its aggressive product pipeline by Q4 2004.

About Conspiracy Entertainment Corporation

Based in Santa Monica, CA., Conspiracy Entertainment Corporation is a developer, publisher and marketer of entertainment software in North America and Western Europe. The company develops and licenses properties from several sources, including global entertainment and media companies, and publishes software for DVD media, wireless devices, personal computers and videogame consoles including those manufactured by Nintendo, Sony Computer Entertainment, and Microsoft Corporation. For more information, please visit our website at www.conspiracygames.com.