TORONTO, CANADA - October 23, 2013 - TransGaming Inc. (TSX-V:TNG),

the global leader in developing and delivering platform-defining social video game experiences to consumers around the world, today announced that 2,142,857 warrants ("Warrants") of a previously completed non-brokered private placement offering have been exercised early. Each Warrant entitled the holder to purchase one common share at an exercise price of $0.105 and had an expiry date of December 21, 2014.

About TransGaming Inc.

TransGaming Inc. (TSX-V: TNG) is the global leader in developing and delivering platform-defining social video game experiences to consumers around the world. From engineering essential technologies for the world's leading companies, to engaging audiences with truly immersive interactive experiences, TransGaming fuels disruptive innovation across the entire spectrum of consumer technology. TransGaming's core businesses span the digital distribution of games for Smart TVs, next-generation set-top boxes, and the connected living room, as well as technology licensing for cross-platform game enablement, software 3D graphics rendering, and parallel computing. Visit us at http://transgaming.com

TransGaming Inc. Contacts:

Dennis Ensing, cpa, ca, cbv

Chief Financial Officer

+1 416 979 9900 x321

dennis@transgaming.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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