MOSCOW, Russia, November 7, 2005 - Quadriga Capital Russia and Intel Capital have invested in Akella, one of the largest developers of gaming software in Eastern Europe. The funds will help extend Akella’s business into new market segments, such as network games and mobile content distribution, while also facilitating growth of the company’s sales, marketing and advertising activities in Russia, the Former Soviet Union (FSU) and Eastern Europe.

The combined share of the two investors in Akella will be less than 50%; the majority of company stock has been retained by Akella’s founders.

Akella has also signed an agreement with Intel to create and optimize future PC games and next-generation game consoles for Intel-based platforms. The two companies will work closely together to optimize soon-to-be-released games such as PT Boats®, Captain Blood®, and Age of Pirates® for Intel’s multi-core and entertainment PC platforms.