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Binary Arts Announces New Controller

New Controller Brings More Streamlining to BA Operations.

December 4, 2002 Alexandria, VA - Frank Homburger has joined Binary Arts as Controller. Homburger has over 20 years of experience in virtually all aspects of accounting and financial management. Most recently, Homburger was the Chief Financial Officer for William H. Gordon Associates, one of the area's most successful civil engineering firms. During Homburger's time there, William H. Gordon Associates went from an "unrated" status with Dun & Bradstreet to a top rating in less than one year. Homburger made various improvements to the financial operations to ensure accuracy, timeliness and usefulness of financial information. Prior to that, Homburger worked at Bengtson, DeBell & Elkin, Ltd, a large professional services firm, and Potomac Electric Power Company.

Homburger is a CPA with an undergraduate degree from The Wharton School and an MBA from Northwestern University (Kellogg) Graduate School of Management. Ralph Cuomo, COO of Binary Arts, said of Homburger, "His educational background and his years of related experience make Frank a valued asset to our company."

Homburger and his wife reside in Alexandria, VA.

About Binary Arts
By transforming the ideas of mathematicians, puzzle masters, and game theorists into engaging products, Binary Arts has mastered the art of making toys that are fun and smart. Founded in 1985 by Bill Ritchie and Andrea Barthello, its products have won over 100 awards and are found in specialty toy and gift stores around the world. More information can be found on the web at www.binaryarts.com or www.thinkfun.com, the Internet's best game site, operated by Binary Arts. Retailers can place orders by calling their Binary Arts Sales Representative or (800) 468-1864.

For more information, contact: Steve Cuomo
scuomo@ThinkFun.com
703-549-4999

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