Parlay Entertainment Inc. Ends Tender Process.

M2 PRESSWIRE-14 March 2008-OVERVIEW: Parlay Entertainment Inc. Ends Tender Process(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:14032008

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The stock on March 13, 2008 traded down 28% late in the afternoon with above average volume.

On March 13, 2008 Parlay Entertainment Inc. (TSX VENTURE:PEI ), the world's leading supplier of Internet bingo software, announced today that a binding agreement has not been concluded with any of the parties who expressed an interest in conducting due diligence on the Company within the timeframes established by the Special Committee of the board of directors.

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