March 28, 2011 09:30 ET

DNA Dynamics Set to Acquire Developer

Slam Productions to Join DNAD Stable

LONDON--(Marketwire - March 28, 2011) - DNA Dynamics (PINKSHEETS: DNAD) has revealed that it has signed a Letter of Intent to acquire 100% of respected Videogames Developer Slam Productions LTD (SLAM). Founded by industry veteran Paul Ranson in 2007 and named by Develop Magazine as one of the top 100 most successful game studios in the world, SLAM has created over 15 games across 7 platforms in an impressive 3 years including some large TV brands and IP.

SLAM have recently been working on a number of games and applications for the iPhone and Android platforms and fit perfectly into the DNA Dynamics stable of companies. SLAM created their own proprietary Rapid Application Development Tool, the SLAM Engine, to produce games and applications in a much shorter development cycle than through traditional methods while still retaining the quality of AAA apps and games. 

In January of this year, DNA Dynamics also acquired mobile publisher and developer Appache Mobile Ltd who have gone on to release a number of successful games for the iPhone® and iPad®.

"Having worked with the guys at Slam on some of our previous titles and seeing the technology they have for rapid development of apps made them the perfect fit for DNAD," said Ed Blincoe, CEO of DNA Dynamics. "With the wealth of back catalogue, IP and current titles in development this acquisition will help DNAD achieve its revenue targets for 2011."

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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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