theglobe.com Partners with Arkadium to Launch New Game Site; New Games Division Sets Sights on Web Gamers.Business Editors/High-Tech Writers FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Jan. 6, 2004 Continuing its renewed emphasis on its games assets that began last November, theglobe.com (OTCBB:TGLO) has launched a new games domain, http://games.theglobe.com, through a partnership with unique online game provider, Arkadium, it was announced today. Web surfers who go to the new URL will find a complete slate of Internet games provided through Arkadium including: Klondike Solitaire, Mah Jongg mah jongg (mä jông), four-handed game, probably of Chinese origin, popular in the United States. It is played in many variations throughout China. In 1920, Joseph P. Babcock, an American traveler in China, devised a set of rules for Western play and invented a complete terminology., Darts, Tetrax, Word Up and much more. Surfers who elect to play a more enhanced version of the games can download Arkadium's Gamedek software. Once inside Arkadium's game community, users can select personalized avatars (virtual selves), talk to friends and opponents and play in one-on-one real-time games for cash prizes. This partnership will generate both traffic and revenue for both parties, and theglobe.com will join a slate of Arkadium partners that includes TerraLycos, Oxygen Media, UGO, the New York Post and others. "Arkadium is a great match for theglobe.com, as it delivers a wide range of game options aimed squarely at a mainstream Web consumer audience," said Doug Brisotti, president of the theglobe.com's Games Division. "Online gaming is not a niche market anymore, and the content is a proven generator of repeat visitors. As theglobe.com continues to refocus its energies on the game market, this partnership is a great foundation for that platform." theglobe.com's current games properties include Computer Games Magazine, the largest independent computer game publication, and Chips & Bits Inc., a retailer of console games, PC games and DVDs. "theglobe.com represents a unique triad in gaming that includes publishing, distribution and promotion," stated Jessica Rovello, Chairman of Arkadium. "We're excited to add Arkadium's games to theglobe.com's compelling mix of products." About Arkadium Arkadium, Inc. is a leading provider of unique online game software whose games reach millions of people monthly. The Arkadium Gamedek, its flagship product, is the only system that allows players to challenge the opponent of their choice in a game of skill for cash prizes. The Company's second product, FreePlay, is a high quality flash game package now available on Terra.com, Oxygen.com, UGO.com and NYPOST.com amongst others. Energizing the Company's portfolio of gaming products is its PowerPlay technology, a secure set of tools that are used to develop games for PDAs, cell phones, interactive television and the Internet. Arkadium is a ZelnickMedia portfolio company, headquartered in New York City. For more information visit www.arkadium.com or contact Arkadium via email at info at arkadium.com. About theglobe.com, inc. theglobe.com, inc. operates Computer Games Magazine and its associated Website, Computer Games Online. It sells video games and related products through its distribution business, Chips & Bits, Inc. The company also sells Voice over Internet Protocol services under the brand name voiceglo. Safe Harbor This press release includes forward-looking statements related to theglobe.com, inc. that involve risks and uncertainties, including, but not limited to, risks and uncertainties relating to integration of newly acquired businesses and assets, product delivery, product launch dates, the Internet, development and protection of technology, the management of growth, market acceptance of our planned voiceglo VoIP products, our ability to compete successfully against established competitors with greater resources, the uncertainty of future governmental regulation and other risks. These forward-looking statements are made in reliance on the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these and other factors that could affect theglobe.com's future results and business plans, please see the Company's filings with the Securities and Exchange Commission, including in particular our Annual Report of Form 10-K for the year ended December 31, 2002 and our Quarterly Report on Form 10-QSB for the quarter ended September 30, 2003. Copies of these filings are available online at http://www.sec.gov. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially and adversely from management expectations. |
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