Glow Gaming acquisition
Canadian glow-in-the-dark controller maker picked up by SplitFish.
Edmonton - May 08, 2008 - SplitFish AG (WKN: A0M8FF), a leader in video game hardware innovation, today announced it has finalized the acquisition of 100% of Glow Gaming Inc.
Glow Gaming Inc. is a corporation in Ontario Canada, with "GottaGlow" branded Game controllers. A "Gotta Glow" Wii Product is scheduled for release in Q3. All Glow Gaming products feature "luminescent" glow in the dark materials, and are highly rated by gamers and reviewers. Unlike competitor "glow" controllers who use LED or mini light technology, Glow Gaming utilizes a custom injection process with a high quality impact resistant composite to make their products glow naturally. By adding the "GottaGlow" Nintendo Wii compatible products, including controllers and accessories, to its product lineup for distribution, SplitFish will gain access to the multi-billion Nintendo Wii market. Web URL: www.glowgaming.com
Terms of the purchase are that SplitFish paid principal(s) of Glow Gaming Inc, a private company, 300,000 shares at a price of one Euro per share for the outright purchase of 100% ownership in all intellectual rights, trademarks, products both present and future as well as intellectual know how and personnel.
About SplitFish:
SplitFish is a developer of original patent pending video game hardware technologies that include the FragFX controller and EdgeFX Controller. More information is available on the company web site at www.splitfish.com.
Michael Meyers PR
Michael Meyers
SplitFish Product Information
email: michael@mmpr.com
phone: 925.551.8080 Sherbrooke Equity AG
Louis Philippe Antunes
Investor Relations
email: lpantunes@sherbrookeequity.com
phone: +41793030125