Virtual Goods and Services Launches!

Toronto - July 15, 2003 - Virtual Goods and Services Inc. is pleased to announce that the highly anticipated digital trading website marketplace is now open to the public's general use for buying and selling virtual gaming goods. After a year of development and internal testing, the Virdaq.com™, a online marketplace tool expected to revolutionize the buying and selling of virtual goods is being launched for the specific online games of Magic The Gathering Online™, Asheron's Call™ and Shadowbane™. Expected later this summer, all online games with virtual goods trading hands between buyers and sellers will be incorporated into the site.

[i]"The site offers the unique ability for buyers to post the goods the seek and the value they wish to pay as well as the traditional posting of items for sale by vendors. The most unique feature is that the Virdaq.com™ tracks all sales and values to provide an real time pricing "index" for anyone visiting the site to use," said William Tackaberry, General Manager of Virtual Goods and Services Inc. "Furthermore, the fee system that we have incorporated is fully paypal integrated, so payment from the users for the service is highly tuned to the system that gamers have been using to do business."

[/i]For more information about the Virdaq.com™ and to use the marketplace site, visit http://www.virdaq.com