SOURCE: Signature Devices, Inc.

Signature Devices, Inc.

March 11, 2010 09:01 ET

'Shepherd's Crossing 2 for Nintendo DS™' Reaches Gold Status

REDWOOD CITY, CA--(Marketwire - March 11, 2010) -  Graffiti Entertainment, Inc. -- a subsidiary of Signature Devices, Inc. (PINKSHEETS: SDVI) -- today announced that "Shepherd's Crossing 2 for the Nintendo DS," the full featured and in-depth farming simulation and strategy game, has reached Gold status and will be shipping to North America on March 30, 2010. The cartridges have been ordered from Nintendo of Japan and are in the process of manufacturing. They then will be shipped from Japan to our North American and Canadian warehouses for packaging and then shipped to distributors and retailers.

Shepherd's Crossing 2 DS is a full featured and in-depth farming simulation and strategy game. At its heart, the game is about the player living in a small town and communicating with the other villagers while raising livestock, harvesting crops, and building a farm.

"We are very happy that we are shipping products and receiving very good initial orders for the products," said Kenneth Hurley, Signature Devices, Inc. Chief Executive Officer. "We have recently taken steps to increase our credit line and are happy to report that we were successful in obtaining a higher amount for our accounts receivable financing. We have also taken additional steps with the business so that we can avoid raising capital via our stock to fund manufacturing. Wells Fargo Business credit has agreed verbally to raise our limit to finance the game manufacturing process. AR Funding has already raised our accounts receivable financing limit. We should be signing the paperwork for the new agreement with Wells Fargo this week. We are also anticipating 2-3 other games to ship this month."

Graffiti Entertainment, Inc. had been shipping product through Jack of All Games, Inc. which was recently purchased by Synnex Corporation. Game distribution in Canada is exclusively through Synnex and the games are being distributed and sold in WalMart, Toys R US, Best Buy, EB Games and other retailers in Canada. Shipments to the U.S. are being done through a number of distributors and Synnex is one of the distributors for Graffiti in the U.S.

For more information about Signature Devices, Graffiti Entertainment and their products, please visit www.signaturedevices.com.

About Signature Devices, Inc. and Graffiti Entertainment, Inc.:
Based in Redwood City, Calif., Signature Devices, Inc. creates, develops and manufactures advanced information technology, including computer systems, software and electronics products. One of the Company's premier technologies includes a blend of hardware and software for image generation technology used in video games and simulations. Signature Devices also owns Graffiti Entertainment, Inc. (www.graffitientertainment.com), a publisher of interactive entertainment software for advanced entertainment consoles.

The information in this press release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.