PANAMA CITY, PANAMA--(eMediaWorld - October 2, 2008) - Competitive Games International, Inc.(PINKSHEETS: CGMI), an innovative and interactive media company, todayannounced that the Company received an offer from Sports Network FantasyLtd. to purchase all of its outstanding shares.The offer is subject to the execution of a definitive agreement, approvalby both the board of directors and a majority of shareholders ofCompetitive Games, and a complete and satisfactory final review of all duediligence materials. The deadline for completion of the offer is November15, 2008. It is contemplated that the tender offer, if consummated, will befollowed by a merger of the acquisition entity with and into Sports NetworkFantasy Ltd.
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