MindJolt Taps Mobile Veteran Ulf Waschbusch to Head Social Mobile Game

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Development Studio, SGN

Los Angeles, CA—June 22, 2011—Leading social, mobile, web games company MindJolt
today announced mobile veteran Ulf Waschbusch will lead internal social mobile game
development under the SGN studio.

An expert in the mobile space, Ulf has held senior mobile product roles for
Google, MySpace and T-Mobile, most recently serving as Chief Product Officer at
Garena, one of the largest gaming community platforms with more than 60 million
registered users. Ulf has won several awards including the IBM Leonardo Da Vinci
Award, which named him the Best Programmer of Germany beating out more than 7500
entrants. Ulf received his MBA in Stanford in 2006, and completed his undergraduate
degree at the University of California, Berkeley.

“The acquisition of SGN in April 2011, provided MindJolt with a talented game studio
with a roster of hit mobile games,” said Chris DeWolfe, CEO of MindJolt. “In tapping
mobile industry veteran Ulf Waschbusch to lead that team, we are confident that our
social mobile games will continue to engage and impress mobile game fans.”

“The opportunity to join MindJolt and lead the SGN Studio was an opportunity I couldn’t
refuse,” said Ulf Waschbusch, “Creating an ecosystem that benefits from social, web
and mobile interconnectedness is a visionary idea, and one that I am firmly committed
to. My contribution will be to drive the quality and sophistication of SGN games. ”

About MindJolt
MindJolt brings people everywhere together through great games. With over 30
million mobile installs, more than 70 million installs on social platforms, and reaching
over 25million unique users a month on the web, MindJolt is one of the largest game
developers and publishers. MindJolt’s roster of some of the most popular iPhone
games includes two #1 hits and 6 Top 10 hits. Funded by Austin Ventures, and led by
the team that founded and built MySpace, MindJolt is headquartered in Los Angeles,
with studios in Buenos Aires, and San Francisco. For more information, please
visit www.mindjolt.com

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