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Netherlands Management Company Chooses DevStudios Leapfrog Software

November 9, 2006

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DevStudios International Inc. (TSX V: DVE) ("DevStudios"), is pleased to announce that GMG Golf Management Group International Inc. in Bussum, Netherlands has selected DevStudios Leapfrogâ?¢ Business Operating System software application for their golf operations in the Netherlands and expanding throughout Europe.

Golf is currently the fourth most popular sport in the Netherlands and the fastest growing. This growth is supported by fundamental trends like: changing social status, increased participation of young and elderly people and increased participation of women. Golf Management Group ("GMG") was incorporated in 2003 with the purpose to develop, acquire and operate golf courses with a focus on the strong growing group of ”pay & play” golfers. Together with strategic partners like ANWB, Grontmij, Fortis, and RP holidays (holiday resorts & parks) a number of GMG projects will be developed. In 2007 GMG will have six golf courses under operation including the acquisition of golf course Spaarnwoude, the biggest single golf operation in Europe (66 holes, 350.000 visitors per year). Further expansion of GMG is foreseen through an active buy & build strategy.

Bob Vergidis, President and C.E.O. of DevStudios remarked "GMG Golf Management Group International Inc. was looking for a complete and integrated application capable of handling the diverse and complex environment of a management company. GMG needed a package to manage multiple properties throughout Europe and assist in facilitating quick responses to member inquiries, reduce staff workloads, and provide complete and real-time reporting back to their board; we were able to do this for them."

About DevStudios

Headquartered in Edmonton, Alberta, DevStudios (TSX: DVE) is a software development company specializing in products that increase the agility of organizations of any size. DevStudios Leapfrog®, the flagship product is the business operating system that integrates and provides transparency of all aspects of business. The Corporation is proud to be one of Canada’s 100 Fastest Growing Companies as ranked by PROFIT Magazine in 2005 and 2006, as well as one of Alberta’s 30 Fastest Growing Companies ranked by Alberta Venture Magazine for the past four years. DevStudios is a field-managed Microsoft ISV and the winner of a 2004 Microsoft IMPACT Award. For more information please visit: www.devstudios.com ; www.leapfroggolf.com

Contact:
Michelle Demers, Corporate Secretary

Tel: (780) 423-0300

Fax: (780) 423-4101

Email: michelle.demers@devstudios.com

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