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05.11.2008 21:40

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Midway Appoints Ryan G. O'Desky as Chief Financial Officer and Senior VP - Finance

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Midway Games Inc. (NYSE: MWY) today announced that Ryan G. ODesky has been confirmed as Chief Financial Officer, Senior Vice President Finance and Treasurer of the company. Mr. ODesky, a certified public accountant, has most recently served as the Interim Chief Financial Officer and Treasurer since February 2008, and has held a variety of positions including Vice President - Finance, Controller and Assistant Treasurer. He joined Midway in early 2007 as Chief Internal Auditor.

From 2002 to 2007, Mr. ODesky gained senior management experience within the Audit and Enterprise Risk Services Division of Deloitte & Touche LLP, a professional services firm. Prior to joining Deloitte & Touche LLP, he acted as a Senior Auditor within the Assurance & Business Advisory Department of Arthur Andersen LLP.

"Ryan has been an important member of the Midway management team since he joined us in 2007, said Matt Booty, president and chief executive officer, Midway. "He brings with him a strong financial background which has already been of critical importance as we execute on a number of strategic directives designed to lay the foundation for our future success.

About Midway

Midway Games Inc. (NYSE:MWY), headquartered in Chicago, Illinois, with offices throughout the world, is a leading developer and publisher of interactive entertainment software for major videogame systems and personal computers. More information about Midway and its products can be found at www.midway.com.

FORWARD-LOOKING STATEMENTS

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 concerning future business conditions and the outlook for Midway Games Inc. (the "Company") based on currently available information that involves risks and uncertainties. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of these risks and uncertainties, including, without limitation, the financial strength of the interactive entertainment industry, dependence on new product introductions and the ability to maintain the scheduling of such introductions, dependence on major platform manufacturers and other risks more fully described under "Item 1. Business - Risk Factors" in the Companys Annual Report on Form 10-K for the year ended December 31, 2007, and in more recent filings made by the Company with the Securities and Exchange Commission. Each forward-looking statement, including, without limitation, financial guidance, speaks only as of the date on which it is made, and Midway undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances, except as required by law.

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