Source: Infinium Labs

Infinium Labs Retains Sichenzia Ross Friedman Ference LLP for Corporate, Securities Counsel

SARASOTA, Fla.--(BUSINESS WIRE)--Aug. 12, 2004--Infinium Labs (OTCBB:IFLB - News) has hired New York-based law firm Sichenzia Ross Friedman Ference LLP (SRFF) as its primary corporate and securities counsel. SRFF will advise Infinium on various matters, including reporting and compliance with the Securities Exchange Act of 1934 and institutional funding contracts.

The Infinium management team selected SRFF over undisclosed competitors because of the firm's depth of knowledge on securities matters, emphasis on customer service and proximity to Wall Street.

Infinium executives also chose the law firm for its extensive experience working with companies similar in size and stage of business to Infinium.

SRFF's Corporate and Securities Group advises small to medium sized companies in connection with public offerings and private placement transactions. It also assists clients with their compliance with on-going reporting requirements under the Securities Exchange Act of 1934 and other disclosure obligations, as well as with exchange listing matters.

Sichenzia Ross Friedman Ference LLP has been ranked first in the nation by The PIPEs Report and Privateraise.com in representing issuers in PIPE transactions for the seven-month period ended July 31, 2004. The ranking was measured by the number of placements advised.

Infinium Labs retains two other law firms for corporate and securities counsel in addition to SRFF.

About Infinium Labs

Infinium Labs was founded by a management team with extensive experience in interactive media, entertainment, broadband services and technology. The company is set to launch a cutting edge online gaming service in the fourth quarter of 2004. The Phantom Gaming Service will be delivered online over any broadband network and offer a broad library of games designed to appeal to the avid gamer as well as the casual player. For more information, please visit www.phantom.net.

About Sichenzia Ross Friedman Ference LLP

Sichenzia Ross Friedman Ference LLP provides experienced professional representation in all matters involving the securities industry as well as general corporate and litigation matters. Traditionally, the firm's clients include private and public corporations, partnerships, broker/dealers, bank-affiliated broker/dealers, investment advisers, and registered personnel, public and corporate customers and investors, partnerships and other entities. Sichenzia Ross Friedman Ference's areas of practice include corporate and commercial transactions, securities litigation and arbitration, public and private offerings, commercial and business litigation, administrative practice before regulatory agencies, mergers and acquisitions and broker-dealer regulation. For additional information about Sichenzia Ross Friedman