Turbine Appoints New CFO

Turbine must be preparing itself for additional expansion, as the MMORPG developer has announced the appointment of a new chief financial officer.

TURBINE ANNOUNCES NEW CHIEF FINANCIAL OFFICER

M. Beau Paradowski to Lead Global Financial Operations for Online Entertainment Leader

WESTWOOD, MA June 1, 2009 Turbine, Inc., the premier creator and operator of massive, persistent online worlds that foster powerful social gaming communities, today announced the appointment of M. Beau Paradowski as Chief Financial Officer. Paradowski will be responsible for overseeing worldwide financial operations of Turbine and its award-winning franchises.

(Beau brings extensive experience and a financial background that will be vital as Turbine scales its global operations,) said Jim Crowley, President and CEO of Turbine, Inc. (This is a significant addition to our leadership team and we are extremely excited to bring his strong record of accomplishment and strategic growth planning to our rapidly growing business.)

Paradowski is an experienced financial veteran who brings over 17 years of experience to Turbine, most recently serving as Chief Financial Officer at Optasite, Inc. where he led the company’s growth and subsequent sale to SBA Communications. Paradowski also served as Chief Financial Officer for Clearwire Technologies, leading its sale to Craig McCaw in 2003. In addition, Paradowski has held various positions at Clear Channel Media (formerly Chancellor Media Corporation), Marcus Cable Company, and PriceWaterhouseCoopers (formerly Coopers & Lybrand).

(Turbine really brings something unique to the table and has proven its first class development capabilities time and again,) said Paradowski. (I’m thrilled to join and help this talented team take Turbine to the next level.)

About Turbine
Turbine, Inc. is a premier creator, operator and publisher of massive, persistent online worlds that foster powerful social gaming communities. Turbine is the largest privately held online gaming studio in North America and was recently chosen by AlwaysOn as one of the OnHollywood 100 Top Private Companies, a power list of the top private emerging technology companies in digital entertainment and media. The company has created some of the world’s most popular and award-winning online games, including The Lord of the Rings Onlineâ„¢, Dungeons & Dragons Onlineâ„¢ and Asheron’s Call®. For more information on Turbine, its products and services please visit www.turbine.com.