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MediaSpark wins again with new software products. Company changing the way the world learns.

Sydney, Nova Scotia, June 9, 2004 — MediaSpark Inc., a Canadian software development company, continues its award-winning tradition by capturing three more national and international awards at media festivals recently held in the US and Canada.

The recently launched GoVenture Small Business and GoVenture Personal Finance software simulations both won bronze awards in the Education category at the Omni Intermedia Awards in Lexington, Kentucky.

GoVenture Small Business also received an Award of Excellence for Best Interactive, Instructional CD-ROM, by the Association for Media and Technology in Education in Canada (AMTEC) 2004 conference in Sudbury, Ontario.

MediaSpark President and CEO Mathew Georghiou said, “These awards are a reflection of the skill and dedication of our team as we strive to become the world’s premier business simulation company, developing products that improve the speed and effectiveness with which people gain business and life skills.”

MediaSpark has won awards for the company, its products, and newsletter and is a pioneer and emerging world leader in the fast growing eLearning simulation industry, projected to grow 10,000% to $37 billion by 2011.

GoVenture Small Business is a simulation that lets users start and run a virtual business, make day-to-day decisions faced by a typical entrepreneur. The program is ideal for small business training and entrepreneurship education in schools, business and career centers, and franchisors trying to improve the success of new or faltering franchises.

GoVenture Personal Finance is a simulation that provides a virtual snapshot of anyone’s financial life that spans up to 50 years into the future. Pay bills, purchase assets, make investments, and monitor the economy while tackling financial and retirement goals. GoVenture Personal Finance is designed to show users how to manage and invest their money wisely, thanks to a realistic virtual setting that is unprecedented in the personal finance market.

Both products are currently shipped on a CD-ROM and supported by comprehensive print materials and the GoVenture.NETwork website at www.goventure.net

GoVenture products are currently used throughout North America and around the world in schools (K-12, University, College, and Vocational), homes, career centers, government, non-profit organizations and companies.

About OMNI Awards

The Omni Intermedia Awards recognizes outstanding production, design and content in the converging fields of television, film, video, internet, interactive media and 3D animation. In order to judge the entries, the Omni Awards brings together a wide variety of talented professionals working for highly respected companies. Omni Intermedia Awards have been presented to many different companies, including Dreamworks SKG, Warner Brothers, CNN, PBS, Discovery Channel, Animal Planet, Learning Channel, Eastman Kodak, Ford, Mtv, VH1, Telemundo, U.S. Army, and Canon USA.

About AMTEC Awards

The Association for Media and Technology in Education in Canada (AMTEC) presents a national showcase for educational media, recognizing outstanding examples of educational TV, film and interactive multimedia as part of the AMTEC Conference held each year. Awards are presented for the best video, film, slide, audio and multimedia productions. The awards, as well as clips from winning productions, are presented at the Media Festival ceremonies held this year on May 28 in Sudbury, Ontario.

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