Multimedia Games to Report Fiscal 2009 First Quarter Results on February 4, Host Conference Call and Webcast

Multimedia Games, Inc. (Nasdaq: MGAM) announced today that it will release financial results for the period ended December 31, 2008, its fiscal 2009 first quarter, on Wednesday, February 4, before the market opens. It will also host a conference call and webcast beginning at 9:00 a.m. ET (8:00 a.m. CT) that day. Both the call and the webcast are open to the general public.

The conference call number is 719-325-4884 (domestic or international). Please call five minutes prior to the presentation to ensure that you are connected. Interested parties may also access the conference call live on the Internet at www.multimediagames.com/Investors/Index.htm or at www.shareholder.com/mgam/medialist.cfm. Following its completion, an archived version of the webcast will be available for replay at the same location or at www.multimediagames.com/Investors/Index.htm.

About Multimedia Games

Gaming technology developer and distributor, Multimedia Games, Inc., is a leading creator and supplier of comprehensive systems, content and electronic gaming units for Class III and Class II Native American gaming markets, as well as for commercial casinos and charity and international bingo markets. Multimedia Games has more than 17,000 gaming units in operation domestically and internationally installed on revenue-sharing arrangements. The Company also supplies the central determinant system for approximately 13,000 video lottery terminals ("VLTs”) installed at racetracks in New York State. Multimedia is focused on the further development of new gaming systems and products for the markets it currently serves as well as for new domestic and international market opportunities. Additional information may be found at www.multimediagames.com.