Twistbox Entertainment Acquires the Assets of Infospace's US Mobile Games Studio.Twistbox to Rapidly Expand Global Distribution and Portfolio of Play for Prizes Games and Promotions LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. -- Twistbox Entertainment, Inc. today announced the acquisition of all of the assets of Infospace Inc.'s (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :INSP INSP Inspection INSP Inspector INSP Inspect INSP Inspirational Network INSP Institut des Nanosciences de Paris (French) INSP International Nuclear Safety Program INSP International Network on Strategic Philanthropy ) US based mobile games Studio located in San Mateo, CA. Formerly known as Atlas Mobile, Inc., the Studio is a pioneer in the Play for Prizes business across the major carriers in North America that includes multiplayer tournaments and loyalty campaigns for leading consumer and entertainment brands. The Studio will be fully integrated into Twistbox Games, the company's mobile games division which is headquartered out of Dortmund, Germany and maintains studios in Germany, Poland and the US. "This acquisition is a perfect fit for our value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. mobile game strategy, and complimentary to our existing titles and on-deck distribution in over 40 countries," stated Twistbox 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. , Ian Aaron. "By integrating Play for Prizes into our current RapidPort[TM] development and porting platform, we will be able to accelerate the delivery of new games to market, provide broad handset support, and bring our carrier and content partners new and innovative ways to reach and retain customers." Effective immediately, the company will be introducing three new titles to market including "SuperSlyder for Prizes", "Take Yer Meds for Prizes" and "Card Player Poker for Prizes" and three "to be announced To be announced (TBA) A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered. " new titles for launch in the second quarter. Existing Play for Prizes titles such as "Trickshot Pool for Prizes", "Solitaire solitaire or patience, any card game that can be played by one person. Solitaire is the American name; in England it is known as patience. There are probably more kinds of solitaire than all other card games together. for Prizes", "Boulder Dash for Prizes" and "Skee-ball for Prizes" will be made available to carrier partners across Twistbox's direct distribution network, which spans North America, Europe, Latin America and Asia. Twistbox Play for Prizes services include award winning development and porting, campaign management, in-game advertising and promotions, and prize fulfillment. In addition the Company makes available a set of API's to enable major publishers worldwide to enhance their leading titles with Multiplayer Tournaments for Prizes. About Twistbox Games Twistbox Games, a wholly owned business unit of Twistbox Entertainment, Inc., is a leading global publisher and developer of award-winning games and applications for mobile devices. Twistbox Games' RapidPort[TM], the mobile industry's most comprehensive development and porting platform, provides support for J2ME (Java 2 Platform, Micro Edition) A version of Java 2 for cellphones, PDAs and consumer appliances. J2ME uses the K Virtual Machine (KVM), a specialized Java interpreter for devices with limited memory. , DoJa, BREW and Symbian, outstanding content quality and handset support unique across the industry. Twistbox Games is the preferred games aggregation partner for mobile operators worldwide, providing full games catalogue management, QA services, content hosting and delivery and value added services including in-game advertising through its proprietary Wrapper Technology. Twistbox Games maintains studios in Germany, Poland and the United States. For more information, please visit www.twistboxgames.com. About Twistbox Entertainment, Inc. Twistbox Entertainment is a leading global producer and publisher of mobile entertainment. The Company has exclusive licenses with industry-leading brands, direct distribution with more than 100 mobile operators in 43 countries and provides an extensive portfolio of award-winning games, WAP (1) (Wireless Access Point) See access point. (2) (Wireless Application Protocol) A standard for providing cellular phones, pagers and other handheld devices with secure access to e-mail and text-based Web pages. sites and mobile TV channels to more than 1 billion subscribers worldwide. For more information, please visit www.twistbox.com. |
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