OBJE Sets Ambitious Expansion Agenda for Novalon Games
OBJE Sets Ambitious Expansion Agenda for Novalon Games
SARASOTA, Fla.--(BUSINESS WIRE)-- To capitalize on the successful release of Novalon Games' first mobile gaming app, Phantasmic, OBJ Enterprises announced ambitious new plans today to build Novalon into a powerhouse in the $12.3 billion mobile games market.
Novalon was founded last year as a joint venture between OBJE and Source Street, LLC. Now, OBJE has unveiled a new vision for the company that includes a dramatic expansion in development manpower, mobile marketing and game consulting. By investing in the game developer, OBJE expects to produce more mobile applications faster, making it a true competitor to established brands such as Electronic Arts (NAS: EA) and Zynga (NAS: ZNGA) .
"Now that Novalon Games has demonstrated their creative talents and begun delivering revenues, it's time to back them up with the resources they need to become a real player in this space," said OBJE CEO Paul Watson. "In addition to hiring more developers to build more new games, we want to be able to offer valuable business-to-business services to other gaming companies, including consulting and marketing, that can take Novalon to a new level of prestige and profitability."
Phantasmic, the first game developed in-house by OBJE and Novalon, began earning revenues the same day it was released last week. It's the first of many games that the company expects to deliver to consumers in the coming months.
Obscene Interactive, OBJE's gaming division, is working hard to develop and market a wide range of innovative gaming products for the Apple App Store and Google Play platforms alongside companies such as Glu Mobile Inc. (NAS: GLUU) and DeNA Co., Ltd. (OTCBB: DNACF).
About Obscene Interactive
Obscene Interactive, a subsidiary of OBJ Enterprises, Inc. (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 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
Paul Watson, 941-952-5825
President and CEO
info@obsceneinteractive.com
KEYWORDS: United States North America Florida
INDUSTRY KEYWORDS:
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