MIPS Processors ship in more than 75% of set-top boxes worldwide

LAS VEGAS - January 11, 2012 - TransGaming Inc. (TSX-V:TNG), the global leader in the multiplatform deployment of interactive entertainment, today announced that it has expanded GameTree™ TV, TransGaming's premier on-demand Smart TV gaming platform, to support set-top boxes based on the MIPS® architecture from MIPS Technologies. MIPS Technologies is the leading provider of industry-standard processor architectures and cores for the global set-top box market, with its processors shipping in more than 75% of set-top boxes worldwide.

Leveraging its relationship with MIPS Technologies, TransGaming can now offer interactive entertainment solutions that operate on set-top boxes deployed in the North American and broader global markets of Cable, IPTV and Satellite operators. With this expanded support and the recent acquisition of Oberon Media's iTV and Connected TV division, TransGaming is reinforcing its position as the number one interactive entertainment provider for the digital home.

"GameTree TV is an essential platform for delivering interactive entertainment to the connected living room, and is an ideal vehicle to fully demonstrate the capabilities of MIPS-Based digital home devices," said Gideon Intrater, Vice President of Marketing, MIPS Technologies. "TransGaming plays an important role in the Smart TV value chain by offering CE manufacturers and managed service operators the ability to deliver top-tier interactive entertainment on devices deployed today, with a clear migration path to deliver content to next-generation devices."

"Through our relationship with MIPS Technologies, TransGaming can now deliver the GameTree TV experience and its world renowned library of interactive content to the multitude of MIPS-based set-top boxes being deployed to millions of households worldwide," commented Vikas Gupta, CEO & President of TransGaming Inc. "Expanding our support for new and innovative system-on-chip processors marks another milestone in the planned evolution of GameTree TV. The combination of MIPS-based chip-sets and the GameTree TV platform is a force that will propel the Smart TV revolution to greater heights."

To learn more about the MIPS-based GameTree TV solution or to see a demonstration, contact TransGaming at sales@transgaming.com or MIPS Technologies at info@mips.com to arrange an appointment at the MIPS Technologies Hospitality Suite at the 2012 International CES, January 10-13, 2012.

About TransGaming Inc.
TransGaming Inc. (TSX-V: TNG) is the global leader in the multiplatform deployment of interactive entertainment. TransGaming works with the industry's leading developers and publishers to enable and distribute games for Smart TV set-top boxes, Mac computers, and Linux/CE platforms. TransGaming is headquartered in Toronto, Canada. To learn more about TransGaming visit .

TransGaming's GameTree TV is the premier on-demand Smart TV gaming platform, offering an unparalleled user experience on the next generation of set-top boxes and connected consumer electronic (CE) devices. The GameTree TV Platform delivers an extensive catalog of video games that can quickly and easily be accessed on-demand. Through a flexible and seamless transaction system, subscribers can choose from a variety of pricing models billed directly through the cable provider. For more information about GameTree TV, visit .

About MIPS Technologies, Inc.
MIPS Technologies, Inc. (NASDAQ: MIPS) is a leading provider of industry-standard processor architectures and cores for digital home, networking and mobile applications. The MIPS architecture powers some of the world's most popular products, including broadband devices from Linksys, DTVs and digital consumer devices from Sony, DVD recordable devices from Pioneer, digital set-top boxes from Motorola, network routers from Cisco, 32-bit microcontrollers from Microchip Technology and laser printers from Hewlett-Packard. Founded in 1998, MIPS Technologies is headquartered in Sunnyvale, California, with offices worldwide. For more information, contact (408) 530-5000 or visit .

TransGaming Inc. Contacts:

Jade Wilkinson
LEWIS PR
+1 415 992 4400
transGaming@lewispr.com

Jean-Francois (JF) Dube
Investor Relations - Canada
+1 877 848 8790
investors@transgaming.com

Adam P. Lowensteiner
Investor Relations - United States
Wolfe Axelrod Weinberger Associates LLC
+1 212 370 4500
adam@wolfeaxelrod.com

MIPS and MIPS-Based are trademarks or registered trademarks in the United States and other countries of MIPS Technologies, Inc.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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