Migo Software Named 2006 CES Innovations Award Honoree; Migo(R) Professional Software Honored for Bringing True Mobile Productivity to Any USB Drive.

REDWOOD CITY, Calif. -- Migo Software announced today that the Consumer Electronics Association (CEA) honored the Migo(R) Professional Edition of its software product line with an Innovations 2006 Design and Engineering Award. Migo Software is a trade name of PowerHouse Technologies Group, Inc. (OTCBB:PWHT.OB)

The Migo Professional Edition mobile computing software was honored in the Software/Embedded Technology category of the prestigious competition, which is sponsored by the CEA and endorsed by the Industrial Designers Society of America (IDSA). Honorees were announced in November at the 2006 International Consumer Electronics Show (CES) press preview in New York City. The CEA award will be presented at the Las Vegas CES in January.

"It is truly an honor to be named among the top consumer technologies by a respected organization like the Consumer Electronics Association," said Jay Elliot, CEO of Migo Software. "The award validates Migo software's many innovative features and numerous benefits for mobile computer users at any level," added Elliot, "and is particularly rewarding, since the Personal Edition of the Migo software received similar recognition in 2005."

On any USB flash drive, MP3 player, iPod or PDA, Migo mobile computing software stores, secures and synchronizes documents, Microsoft(R) Outlook email and Internet Explorer cookies, favorites and history, making them available on any PC running Microsoft Windows(R) 2000 or Windows XP. Migo mobile computing software also transforms any Windows-based PC into the user's familiar PC environment by carrying desktop icons, wallpaper and Internet settings from one PC to another without leaving a trace of any data behind.

Migo Availability

In addition to pre-loaded availability on select U3 smart drives, Migo mobile computing software can be purchased on the Migo Software website (www.migosoftware.com) and downloaded to other USB flash drives, memory cards and Apple iPods.

About Migo Software

Headquartered in Redwood City, CA,. Migo Software, a trade name of PowerHouse Technologies Group, Inc., is a global provider of mobile computing software. With its patent-pending technology, the Company's award-winning Migo mobile computing software increases business and personal computing portability, offering an information management solution for systems running Microsoft(R) Windows and Outlook email.

Migo Software's website (www.migosoftware.com) provides additional information on the full line of Migo mobile computing products. For further information on this press release, please contact Jay Elliot, 408.234.3808, [e-mail].

NOTE: Migo is a trademark of PowerHouse Technologies Group, Inc. All company and product names mentioned may be trademarks or registered trademarks of their respective holders and are used for identification purposes only.

Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, statements in this press release that are not historical facts, including those statements that refer to PowerHouse Technologies' plans, prospects, expectations, strategies, intentions, hopes and beliefs and the expected benefits of the use of PowerHouse's products are forward-looking statements. These forward-looking statements are not historical facts and are only estimates or predictions. Actual results may differ materially from those projected as a result of risks and uncertainties detailed from time to time in the Company's Securities and Exchange Commission filings. These risks include, but are not limited to, risks related to: the effect of global economic conditions in general and conditions in the Company's industry and target markets in particular; shifts in supply and demand; commercialization and technological difficulties; capacity and supply constraints including dependence on flash component suppliers; changes in the Company's and its customers' inventory levels and in inventory valuations; timely product and technology development/upgrades and the ability to manage changes in market conditions as needed; market acceptance of new products and continuing product demand; the impact of competitive products and pricing on the Company's and its customers' products and markets; development, release and sales of new products by strategic suppliers and customers; and development and growth of anticipated markets for the Company's and its customers' products. All forward-looking statements included in this release are based upon information available to the Company as of the date hereof. Any forward-looking statements are based on information available to the company today and the company undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information, or otherwise. Reference to the Company's website above does not constitute incorporation of any of the information thereon into this press release.