Signature Devices, Inc. Finishes Development on Superhero Arcade Game
REDWOOD CITY, Calif., March 26 /PRNewswire-FirstCall/ -- Signature Devices, Inc. (Pink Sheets: SDVI) is pleased to announce that the Company has finished development on an arcade video game that will include several well known comic book and television superheroes. Signature Devices has developed the game through the Company's agreement with a major arcade video game publisher. The video game was developed using the company's recently announced open-source Elemental Engine II.
REDWOOD CITY, Calif., March 26 /PRNewswire-FirstCall/ — Signature Devices, Inc. (Pink Sheets: SDVI) is pleased to announce that the Company has finished development on an arcade video game that will include several well known comic book and television superheroes. Signature Devices has developed the game through the Company's agreement with a major arcade video game publisher. The video game was developed using the company's recently announced open-source Elemental Engine II.
The game will feature a four-player arcade style co-operative play. Players can play solo or as a team against the plot, which takes place in three separate locations on earth and other planets. Signature Devices has developed the game to allow players to control the powers and abilities of earth's mightiest heroes in an action packed fight for justice against some of the greatest comic book villains. The Company has developed the game to truly come to life using the co-operative methods best utilized with two to four players at a time.
"The need for games to support co-operative play has become a growing trend in both the console and arcade markets, making most co-op titles instant hits and practically guaranteeing substantial sales numbers," stated Kenneth Hurley, CEO of Signature Devices, Inc. and Graffiti Entertainment, LLC.
The Company has recently announced that it has been receiving royalty payments of $100 per arcade unit for each Standard or Deluxe cabinet that contains the Paradise Lost arcade game and $50 per software upgrade kit. Signature Devices is currently signed with a major publisher of arcade style games and intends to continue signing with additional well-known publishers in 2008.
About Signature Devices, Inc. and Graffiti Entertainment LLC:
Based in Redwood City, Calif., Signature Devices, Inc. creates, develops and manufactures advanced information technology, including computer systems, software and electronics products. One of the Company's premiere technologies includes a blend of hardware and software for image generation technology used in video games and simulations. Signature Devices also owns Graffiti Entertainment, LLC, (http://www.GraffitiEntertainment.com), a publisher of interactive entertainment software for advanced entertainment consoles.
The information in this press release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.
Contact: For more information, please visit: http://www.signaturedevices.com/ or Call Investor Relations + 1-866-THE-APPL(E)
SOURCE Signature Devices, Inc.