LOS ANGELES, April 24 /PRNewswire-FirstCall/ -- Conspiracy Entertainment (OTC Bulletin Board: CYPE), a developer, publisher and marketer of interactive entertainment software in North America and Western Europe, announced today that it has entered into a development agreement with Neko Entertainment to create the widely popular Cocoto Kart Racer arcade racing game for the Nintendo Wii(TM) platform. The title is slated for release in the second quarter of 2008.

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Marco Husges, Executive Vice President of Conspiracy Entertainment, said, "In 2005, we partnered with Neko to bring to market Cocoto Kart Racer for the Nintendo DS(TM), and are excited to collaborate again on its development for the Wii. This version of Cocoto Kart Racer is sure to thrill youth audiences as Cocoto gets back into action with all his friends to race across the land of Abyss. Cocoto's zany cast of characters and their karts will be in full force as they compete among several distinct areas of the Abyss that offer an escape into a fantastically psychedelic world."

Keith Tanaka, CFO of Conspiracy Entertainment, said, "On the heels of our launch of Wii: Cocoto Magic Circus in the first quarter, we are looking forward to expand the Cocoto franchise by launching Cocoto Kart Racer for the Wii in the second quarter. Our partnership with Neko enables us to bring new titles to market quickly and continue to fill the large demand for new, interactive content for the Wii."

About Wii: Cocoto Kart Racer

The holy cauldron of Cocoto has disappeared! The Imps are in danger of loosing all their powers! Their only chance to recover them is to beat all their opponents in a series of fierce kart races to win the prize: the mysterious cauldron!

Choose your pilot among 12 lively characters from the Cocoto universe. Collect crazy bonuses and race through 5 magical and perilous worlds! Test your driving skill in various modes: Championship, Time Challenge or Multiplayer (up to 4 players) and unlock hidden bonus.



    Features:
    -- The new Cocoto's adventure! Drive your kart on circuits full of
       surprises!
    -- 5 different worlds - Abyss, Volcano, Atlantis, Jungle and Paradise, all
       taken from the magical universe of Cocoto.
    -- 12 characters to choose from 4 good ones and 8 evils
    -- 12 different karts, each having its unique features
    -- 6 game modes

About Neko Entertainment

Since 1999, Neko Entertainment has been developing video games exclusively for consoles and PC. Neko's productions are based around an evolutionary development platform for 3D consoles called the Neko Game Development Kit (NGDK). This in-house technology allows the Neko team to simultaneously develop games across all platforms and to rapidly port existing games.

Neko Entertainment is licensed to develop for the Nintendo Wii, Sony PSP, Sony Playstation 2, Nintendo DS, Nintendo GameCube, Microsoft Xbox 360, Nintendo GameBoy Advance and PC. For more information, visit www.e-neko.com.

About Conspiracy Entertainment Corporation

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 video game consoles, including those manufactured by Nintendo, Sony Computer Entertainment, Inc., and Microsoft Corporation. Conspiracy Entertainment was founded in 1997 and is based in Santa Monica, CA.

WII IS A TRADEMARK OF NINTENDO CO. Ltd. All other brands and trademarks mentioned in this release are the property of their respective owners.

Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a "Safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward- looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.

SOURCE Conspiracy Entertainment