Artificial Life, Inc. Announces Launch of Mobile Products in Israel with Pelephone.HONG KONG Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. -- Hong Kong-based Artificial Life, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : ALIF), a leading provider of award winning mobile technology and applications has signed a contract with Israel telecom carrier Pelephone to launch its 2G and 3G contents and games in Israel. Pelephone is the leading mobile communication provider in Israel with over two million active customers. Pelephone is the first company to offer mobile phone service in Israel and has one of the world's highest market penetrations Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" of mobile phones. "We are excited to first launch our products in Israel, a country with a technologically advanced mobile market. We believe that Pelephone's high market penetration will lead to interesting new business opportunities in Israel and the Middle East," said Eberhard Schoneburg, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Artificial Life, Inc. About Artificial Life, Inc. Artificial Life, Inc. (OTCBB: ALIF) is a public U.S. corporation headquartered in Hong Kong and a leading global provider of multi award winning mobile technology, content, games and applications. For more details, please visit any of our corporate websites: http://www.artificial-life.com; http://www.v-girl.com; http://www.virtual-boys.com; http://www.toonmates.com; http://www.v-disco.com; http://www.v-penguins.com; http://www.poli-the-bear.com and our m-commerce portal http://www.botme.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Statements in this press release regarding Artificial Life, Inc.'s business which are not historical facts are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the Risk Factors described in the Company's Annual Report or Forms 10-K, 10-K(SB) or 10-Q(SB) for the recent fiscal years. All information set forth in this press release is as of December 4, 2006 and Artificial Life, Inc. undertakes no duty to update this information unless required by law. |
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