SOURCE: DNA DYNAMICS

March 16, 2011 09:30 ET

DNA Dynamics, Inc Bullish About Pending Acquisition

DNAD Looks to Acquire Hi-Tech Development Company

LONDON--(Marketwire - March 16, 2011) - DNA Dynamics, Inc (PINKSHEETS: DNAD) today updates the markets that it has an acquisition candidate in its sights and is looking to make an offer to a Mobile Videogames Development company early in the next quarter. Having acquired Appache Mobile Limited, a Mobile Entertainment Publishing Company, late in 2010, the ambition has been to solidify the company's position in the marketplace by bringing a hi-tech development facility in-house as well to complement the publishing business.

The company is in final discussions and due diligence with the Mobile Videogames Development company which has a high pedigree and is producing titles based on major brands.

Ed Blincoe, CEO of DNA Dynamics, stated that "The time is right to be aggressive in our growth strategy and, whilst strong revenue streams forecast through the publishing of mobile games and applications through Appache Mobile is budgeted for 2011, we always planned to couple that with the acquisition of a Development Studio who could deliver Mobile Applications quickly, effectively and to budget."

He continued, "The opportunities that we brought back from our team's recent trip to the Games Development Conference accelerated our plans to bring the development function in-house. We see a strong immediate quarter ahead of us and a defining 2011 on the cards."

DNA Dynamics recently announced that after meeting with over 15 companies in 4 days, including some of the premier publishers and developers in the industry, along with several major brand owners, Appache Mobile is very excited about the business and revenue they are able to generate from their recent trip to the Games Development Conference in San Francisco, USA.

About Appache Mobile LTD: Appache Mobile is a publisher of games and Apps for mobile and tablet devices. Established in 2010 Appache Mobile develops and acquires new and recently published games for iOS and Android devices.

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