SECOND LIFE, SL REPORTS, 27 AUGUST 2007 - The World Stock Exchange today relisted Enigma Labs (WSE: ENL) after CEO Sirlor Stonecutter posted an emotional statement at the exchange website. Per the announcement:

Explanation of delistment
Submitted by: Enigma Labs (ENL)
Date: August 27, 2007

Dear Public,

When I began Enigma Labs as the small company it used to be I only thought of Second Life as a simple game. Now I realize it is much more than that, it is an entire economy, a utopia of creativity and self expression. I am not proud of the state of this company or my own personal incompetence to have it fail this way. I overwhelmed myself with work and didn't balance college life, real life, and second life properly.

I apologize to all my shareholders, customers, and the administrators of the WSE for my lack of work and stability. I want to start Enigma Labs anew. When I say new I don't just mean I will make this company right I mean I have plans for expanding the market Enigma Labs entails to. Enigma Labs will not just sell weapon orientated products but start gearing towards a service orientated operation. This simply means ENL will provide full custom product services tailoring custom building, scripting, animating, and perhaps someday will reach an external market allowing integration between SL and the RL.

These changes cannot happen within the blink of an eye. I wish to start hiring builders, animators and even other scripters within month to come. So we will be having a meeting open to anyone who is interested in working for the new ENL. The following positions will be open and be filled quickly.

WHEN: Sunday, September 2nd
4PM EST - 5PM+

Builders - Experienced high prim artists as well as architecture specialists needed. Please be ready to show off some of your work.

Scripters - High level scripting/programming specialists need apply. Additional external programming experience is recommended (C++,PHP,PERL,CGI,ect)

Animators - Persons experienced animating in second life need apply. Be ready to show your work. Person applying must be able to work on a schedule.

Additional openings will be posted in the Enigma Lab group notice system. Anyone may join the group and those interested are encouraged to do so.

On a closing note, I want all shareholders to know all IPO money they invested into ENL is still safely in the bank. We proudly use MySecondBank which was recently bought out by Brautigan and Tuck Holdings. While in this transition funds are temporarily frozen until BNT gets their own system set up. Be assured all money is still there and any rumors that it isn't are false.

Sincerely,

Sirlor Stonecutter
Chairman & CEO
Enigma Labs

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