OBJE CEO Details 2013 Plans in Open Letter to Shareholders
SARASOTA, Fla.--(BUSINESS WIRE)-- OBJ Enterprises (OTCBB: OBJE) President and CEO Paul Watson issued the following open letter to shareholders today celebrating the company's achievements in 2012 as well as a bright outlook for the new year:
Thanks for helping make 2012 the best year ever for OBJ Enterprises! We made some incredible strides this year, and 2013 is lining up to be even better for our company and shareholders.
When I began my role as president and CEO, OBJE was transitioning out of the fashion and design industry. Our new mission was to shift our focus to the booming social and online media sector, and with the help of our gaming division, Obscene Interactive, we've transformed OBJE into a forward-thinking, cutting-edge technology company.
As soon as we seized the opportunity in front of us in the online and social gaming arena, OBJE began exploring acquisition and partnership opportunities. Beginning early this year, OBJE targeted several rising gaming companies for acquisition, including A-Plus Technologies, HourBlast Games, and others, but we quickly realized that an even more promising opportunity lay in developing in-house games. It was at this time that OBJE changed its name from Obscene Jeans Corp to OBJ Enterprises.
Near the end of the second quarter of 2012, OBJE signed a joint partnership agreement with Source Street LLC to develop its first in-house game. That's what's going to make 2013 so special for OBJE and our shareholders. Our joint venture has created a new gaming development company, Novalon Games, to create our first online RPG game, Wayfarers, as well as mobile games for the iOS and Android markets.
Novalon plans to release its first demo near the end of 2012, and the beta version is scheduled to launch in the beginning of 2013. With mobile and online games replacing traditional console games in the marketplace, there couldn't be a better time to release a dynamic, groundbreaking game like Wayfarers as our first of many dynamic product offerings.
To put the past year into gaming terms, OBJE has been leveling up. We're shooting for a new high score in 2013. We hope you'll be with us when it happens.
About Obscene Interactive
Obscene Interactive, a subsidiary of OBJ Enterprises, Inc. (OTCBB: OBJE), is an emerging global developer of social gaming applications. OBJE's cutting-edge technology platform enables its titles to be accessible to a broad audience of consumers all over the world, supporting multiple platforms for universal appeal. Obscene Interactive is focused on delivering the best in social gaming solutions to the mass market. For investment information and performance data, please visit www.ObsceneInteractive.com/investors.html.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
OBJ Enterprises, Inc.
Paul Watson, 941-952-5825
President and CEO
KEYWORDS: United States North America Florida
The article OBJE CEO Details 2013 Plans in Open Letter to Shareholders originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.