MAX Entertainment Holdings, Inc. Announced to Change the Name to Cyclon Capital Corporation



    Mark O. Horrelt, the new CEO and President of MAX Entertainment
    Holdings, Inc. (OTCBB:MXEH) today announced that the Board of MAX
    Entertainment recommended to the shareholders of MAX that the name of
    the company be changed to Cyclon Capital Corporation. The shareholders
    have approved the name change and it will be implemented in December.

    Cyclon Capital will continue to develop Max Entertainment Holdings
    by leveraging on Max´s experience and products in media and
    entertainment. Mr. Horrelt will bring strong executive leadership to
    an already capable management team, ensuring sustained growth and
    competitiveness. Mr. Horrelt stated: "Cyclon is committed to quality,
    service, and corporate governance practices that values and protects
    stockholders. Above all we value our customers."

    Cyclon expects to assemble a Board of Directors drawn from various
    careers in business, finance and the arts, with a directive to enhance
    shareholder value. Accordingly, our corporate governance practices
    will be designed not just to satisfy regulatory requirements, but to
    provide for the effective oversight and management of the company.

    The Company has filed for the name change with the state of
    Delaware and is in the process of notifying the OTCBB and requesting a
    new stock symbol.

    About MAX Entertainment Holdings, Inc.

    MAX Entertainment Holdings, Inc. is a company comprised of various
    subsidiaries in the sports and entertainment market. Max was founded
    in July 2006 and has been traded as a holding company since May 2007
    on the OTC market in New York. After much experience in the
    entertainment field, Max was formed to capitalize on the immense
    potential of the Internet and related technologies such as mobile
    phones, VOIP, online communities, TV and radio.

    By combining this potential with its two core businesses, Mixed
    Martial Arts (MMA)-one of the fastest growing sports markets in the
    world, and Europlay; an exciting new mobile telephone games platform
    which will provide unique, modern and innovative low stakes games to
    be played on mobile telephones and Internet, Max will realize
    substantial revenues.

    The market for MMA and Max fighters is enormous, particularly
    combined with television, live events, merchandizing and online
    ventures, which are all crucial components of the long term vision for
    Max Entertainment and will enable investors to achieve high returns.
    Already MAX has generated a strong interest and market niche in Europe
    and is poised for expansion.

    Its second core business is Europlay, a fully licensed mobile
    telephone games platform with worldwide potential which Max
    Entertainment ha recently signed a deal to acquire the majority share.
    The market for mobile phones is colossal. Given the extremely high
    rate of mobile penetration globally, it has become the key means for
    people to communicate with each other. The total number of mobile
    phone subscribers in the world was estimated at 2.15 billion!
    Currently, simple mobile text messaging is the most widely used
    service with 1.8 billion users generating $ 1.8 billion in revenue in
    2006. The potential profits from mobile phone low stake games are very
    substantial.

    The statements in the press release that relate to the company´s
    expectations with regard to the future impact on the company´s results
    from new products or actions in development are forward-looking
    statements, within the meaning of the Private Securities Litigation
    Reform Act of 1995. The statements in this document may also contain
    "forward-looking statements" within the meaning of Section 27A of the
    Securities Act of 1933 and Section 21E of the Securities Exchange Act
    of 1934. Since this information may contain statements that involve
    risk and uncertainties and are subject to change at any time, the
    company´s actual results may differ materially from expected results.