May 24, 2002

Bingo.com, Inc. Sells Skill-Bingo

CYOP CYOP Systems International Inc. Acquires Ownership of BiG’r Bingo, Bingo.com Retains Perpetual License

VANCOUVER, Canada, May 24, 2002 / Bingo.com, Inc. (OTCBB: BIGR), operator of the Internet’s pre-eminent bingo portal, today announced the sale of their skill-based bingo game, BiG’r Bingo. CYOP Systems International Inc. (CYOP) has acquired all rights to the BiG’r Bingo game including the software, the web site located at www.bigrbingo.com, the trademark “BiG’r Bingo”, and rights and responsibilities to the BiG’r Bingo customer database.

In exchange for ownership of the BiGr Bingo game, CYOP has agreed to absorb all past and on-going software maintenance charges relating to BiGr Bingo. In addition, CYOP has granted Bingo.com a perpetual worldwide license to the skill-based bingo game, BiGr Bingo.

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