SouthPeak Interactive Wins Wrongful Termination Lawsuit Against Nobilis

MIDLOTHIAN, Va., Jan. 10, 2011 /PRNewswire/ -- SouthPeak Interactive (OTC Bulletin Board: SOPK) today announced that it has won a significant lawsuit relating to the disputed North American publishing rights for the My Baby game franchise which has sold over 1 million units in North America to date.  

SouthPeak Interactive initiated wrongful termination proceedings before the Lyon Commercial Court by filing a complaint against Nobilis Group SAS.  SouthPeak's complaint contended that Nobilis Group terminated the distribution agreement without legal basis.

On December 7th, 2010, the Lyon Commercial Court issued a judgment confirming that Nobilis's termination of the distribution agreement was null and void. The Court has ordered that Nobilis restore SouthPeak's ability to manufacture licensed games under the agreement with immediate effect.

"We are pleased that the Court has upheld our complaint and we are thrilled to be able to push ahead in publishing this powerful brand," said Melanie Mroz, President and CEO of SouthPeak Interactive. "The protection of our publishing rights is of paramount importance to SouthPeak and as in this case, we will vigorously defend them. It is through our efforts that the My Baby brand is a leader in the children's entertainment sector in North America.  With this victory, the Court in Lyon has made a decision that benefits our consumers and our shareholders alike."

About SouthPeak Interactive Corporation

SouthPeak Interactive Corporation develops and publishes interactive entertainment software for all current hardware platforms including: Xbox 360® videogame and entertainment system from Microsoft, PlayStation®3 computer entertainment system, PSP® (PlayStation® Portable) system, PlayStation®2 computer entertainment system, Wii™, Nintendo DS™, iPhone and Windows PC. SouthPeak's games cover all major genres including action/adventure, role-playing, strategy, racing, puzzle, sports and edutainment. SouthPeak's products are sold in retail outlets in North America, South and Central America, Europe, Australia and Asia. SouthPeak is headquartered in Midlothian, Virginia, and has offices in Grapevine, Texas and Leicester, England.

For additional information, please visit SouthPeak's corporate website: www.southpeakgames.com or follow us on Twitter @SouthPeakGames.

Trademarks are property of their respective owners.  

SOURCE SouthPeak Interactive Corporation

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