MINNEAPOLIS, MN--(Marketwire - Jan 31, 2013) - Soul and Vibe Interactive Inc. (OTCQB: SOUL), a video and computer games company, today announced Sichenzia Ross Friedman Ference LLP has been retained to complete the recently announced acquisition of Soul and Vibe Entertainment, Inc. by Soul and Vibe Interactive Inc. Upon completion of the acquisition, Sichenzia Ross Friedman Ference LLP will be retained as the general legal counsel for Soul and Vibe Interactive Inc.
"As a public company we expect to move forward with an increasing number of corporate strategic partnerships in the video and computer games industry, leading to a growing portfolio of games that we intend to publish. We are pleased to have Sichenzia Ross Friedman Ference on our side. They are a top-notch law firm and we look forward to our corporate growth guided by their good counsel," stated Peter Anthony Chiodo ("Tony"), currently serving as Soul and Vibe Interactive's Vice President and soon to become CEO and President of the Company upon completion of its acquisition of Soul and Vibe Entertainment.
Soul and Vibe Interactive recently announced its intent to acquire Soul and Vibe Entertainment, Inc., a video and computer games company founded by Mr. Chiodo, a game industry veteran. Soul and Vibe Entertainment has several strategic and valuable contractual agreements which include a license agreement with General Mills, and game development and publishing agreements for the Xbox 360® video game and entertainment system, Windows 8, Windows Live, and Windows Phone from Microsoft, and the PlayStation®3 computer entertainment system and PlayStation® Vita (PS Vita) from Sony.
About Sichenzia Ross Friedman Ference
Sichenzia Ross Friedman Ference LLP provides experienced, professional representation for all matters involving the securities industry, as well as general corporate and litigation matters. SRFF's clients include private and public corporations (from start-ups to NYSE-listed companies), partnerships, broker-dealers, investment advisors, individual corporate investors, partnerships and other entities. SRFF also advises institutional investors on transactions involving complex securities law considerations. SRFF regularly advises clients regarding corporate and commercial transactions, including public offerings, reverse mergers, private investments in public equity (PIPEs), registered direct offerings, private placements, as well as mergers and acquisitions, and general commercial and securities litigation. SRFF is recognized nationally for innovation, entrepreneurship and legal excellence in public company representations. For more information about the Firm, please visit www.srff.com.
About Soul and Vibe Interactive Inc.
Soul and Vibe Interactive Inc. is a publisher of games and games-related content for consoles, mobile devices, and personal computers. Soul and Vibe specializes in the creation of original intellectual properties and has extensive experience licensing world-renowned brands from influential companies. Through partnerships with technically sophisticated software developers located all over the world, Soul and Vibe transforms unique concepts into engaging, highly accessible, and affordable games and entertainment experiences. www.soulandvibe.com.
Safe Harbor Statement
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements, trends, analysis, and other information contained in this press release, including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," and other similar expressions of opinion, constitute forward-looking statements. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.
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