XMG STUDIO INC.

XMG Studio Inc. is a specialized gaming company, based in Toronto, Canada, bringing
you the best of next-generation mobile games. The company has a strong team
of developers and graphics artists who have significant experience developing video
games and interactive content.

agile game development.

The XMG Studio team uses Agile development methodologies to create our games. Our choice of Agile, Extreme Programming (XP), features a highly iterative, continuous integration, and pair programming development process. The result is a highly dynamic programming team capable of achieving out-sized results and maximum velocity.

Xtreme Labs and Pivotal Labs are great examples of companies using the agile process with great success.

strong foundation and leadership

Ray Sharma – Founder
Ray Sharma is a veteran of the mobile technology and finance industry. Mr. Sharma is a co-founder and presently Chairman of Xtreme Labs, a World-class mobile and web application developer. Previously Mr. Sharma spent over 11 years in wireless technology investment banking research. During that period Mr. Sharma was the top-ranked wireless technology analyst based on Greenwich and Brendan Woods International surveys of fund managers for five of eight eligible years. During his research career Mr. Sharma evangelized a vision that the mobile device represents a generational shift in computing away from the PC.

Mr. Sharma has been an active private company investor including investments such as Xtreme Labs, Extreme Venture Partners (through which J2Play was sold to Electronic Arts, Bumptop was sold to Google), Athabasca Oil (IPO), Bridgewater (IPO), Mobile Diagnostix (sold to Bitfone then HP), Cancervax (IPO), and SiByte (sold to Broadcom).

Henry Quan – Board of Directors
Henry Quan brings over 20 years of strategic and business management in the technology sector to XMG Studio.

Previously Mr. Quan was Vice President of Corporate Development at AMD, where he was responsible for corporate growth strategy, Mergers and Acquisitions and ran special projects on behalf of the Board of Directors and CEO. He also held other senior posts at ATI Technologies Inc. including Vice President of Marketing where he helped grow the company from $60 million to over $2 billion in revenue.

Mr. Quan was on the Board of directors of a number of industry standards committees, including the Peripheral Component Interconnect (PCI) Steering Committee and Video Electronics Standards Association (VESA). In addition, he has served on the boards of several startup and public company exits including Pixstream, sold to Cisco in a deal valued over $500 million.

Jeff Brunet – Board of Directors
Jeff Brunet brings 15 years of strategic proven architecture, systems integration, and technology management experience to XMG Studio.

Mr. Brunet is currently Chief Technology Officer at Storage Appliance Corporation (Clickfree), presently one of Canada’s largest private technology company’s from a revenue perspective. Previously, Mr. Brunet served as Senior Vice President and Chief Technology Officer with Bitfone Corporation. Bitfone was acquired by HP for $160 million in 2006. Prior to Bitfone, Mr. Brunet acted as a senior technology consultant to Bell Mobility where he was responsible for the technical analysis of a $100 million dollar billing and systems consolidation project. Previous to working with Bell Mobility, he held the position of Chief Solutions Architect with Amdocs Canada where he travelled the world designing billing and customer care systems for tier-1 wireless carriers. Prior to Amdocs Jeff was a Senior Solutions Architect for Solect Technology Group which was acquired by Amdocs for $1.2 billion.

Jeff holds a number of issued patents in the wireless space and is the lead inventor on 30+ pending patents. He is a skilled presenter, communicator, and technology evangelist who speaks English, French and Mandarin Chinese.

Peter J. Schwartz – Board of Directors
Peter J. Schwartz brings over 20 years of diversified business success to XMG Studio. Mr. Schwartz is presently President of Laurence Capital Corporation (LCC), a Waterloo-based merchant bank. LCC manages three investment funds and provides capital and stewardship to Canadian growth companies.

Previously Mr. Schwartz was Chairman and CEO of Descartes Systems Group Inc. (Nasdaq: DSGX) (TSX: DSG) a software-as-a-service technology company. Mr. Schwartz joined Descartes in 1990 and has held positions of increasing responsibility culminating in his appointment as a member of the Board of Directors and CEO in 1995 and Chairman of the Board in 1997. During Peter’s tenure revenues grew from $1 million to over $80 million dollars.

Mr. Schwartz holds an HBA from the University of Western Ontario. He currently sits on the advisory board for J.L. Albright Venture Partners Inc. and Tech Capital Partners.  Peter is the Chairman of Demeure Operating Company Ltd., Chairman of Brick Brewing Co. Ltd. (TSX:BRB), Chairman of WCP Holdings Inc. (Williams Fresh Café) and Chairman of Art Barn Media Inc. He is director of I Love Rewards Inc., ParkVu Inc., the Stratford Chef School, Onco Screen Inc., Glassbox TV, and Aware Corporation Ltd. Mr. Schwartz has been a member of the Young Presidents Organization since 1996, and was chosen as one of The Financial Post’s Top 40 under 40 in 1998.