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Friday, 11/18/2005 5:19:55 PM

Friday, November 18, 2005 5:19:55 PM

Post# of 286
News:
On November 17, 2005, Kevin Bachus resigned as President and Chief Executive Officer, Acting Chief Financial Officer (Principal Financial and Accounting Officer) and Director of Infinium Labs, Inc. (“Infinium”). On November 18, 2005, Infinium accepted Mr. Bachus’ resignation of all positions held. Mr. Bachus, who has been an officer of the Company since January 2004 and has served in his current roles since August 15, 2005, resigned to pursue other opportunities.

Upon acceptance of Mr. Bachus’ resignation, the Board of Directors elected Greg Koler to replace Mr. Bachus effective immediately as President and Chief Executive Officer, Acting Chief Financial Officer (Principal Financial and Accounting Officer) and Director. Mr. Koler has been a full-time consultant handling communications, channel and investment strategies in Europe for Infinium since June 2004. The Company plans to enter into a definitive employment agreement with Mr. Koler in the immediate future.



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