TORONTO, CANADA--(Marketwire - Nov. 29, 2011) - TransGaming Inc. (TSX VENTURE:TNG), the global leader in the multiplatform deployment of interactive entertainment today announced that the "GameTree™ TV GamePass" is launching December 1, 2011. With this new monthly subscription service on GameTree TV, the market-leading gaming platform for Smart TV, GamePass subscribers can enjoy a 12-game monthly bundle at a rate of only € 4.99 per month.
The GameTree TV GamePass complements the existing GameTree TV à la carte menu of rental options offering more choice and flexibility to end consumers. Games will change on a monthly basis giving users the opportunity to enjoy a broad range of content for a fixed monthly fee. The GamePass subscription service represents an additional revenue stream for GameTree TV and is expected to further increase the monthly average revenue per user (ARPU). TransGaming expects that GamePass will drive greater adoption amongst the current consumer base as it delivers engaging family entertainment at just pennies per day.
GameTree TV consumers can quickly and easily access GamePass with the click of a button through the innovative user interface. With a different bundle offered at the start of every month, GamePass subscribers can look forward to a wide selection of games. GamePass is the first subscription offering in GameTree TV, but additional subscription packages involving specialized game categories as well as other forms of interactive content will be introduced in the coming months.
"GameTree TV's new monthly subscription service, GamePass, delivers incredible value to our consumers, who now have more ways than ever to access our great game titles," commented Blake Lewin, President, TransGaming Digital Home. "Our approach is to provide our consumers with flexible transaction options to enjoy the broad selection of world-class content we are delivering through our best-in-class user experience."
About GameTree TV, a TransGaming product
GameTree TV is the premiere on-demand Smart TV gaming platform, offering an unparalleled user experience on the next generation of set-top boxes and connected consumer electronic (CE) devices. The GameTree TV Platform delivers an extensive catalog of video games that can quickly and easily be accessed on-demand. Through a flexible and seamless transaction system, subscribers can choose from a variety of pricing models billed directly through the cable provider. For more information about GameTree TV, visit http://gametreetv.com.
About TransGaming Inc.,
TransGaming, Inc. (TSX VENTURE:TNG), is the global leader in the multiplatform deployment of interactive entertainment. TransGaming works with the industry's leading developers and publishers to enable and distribute games for Smart TV set-top boxes, Mac computers, and Linux/CE platforms. TransGaming is headquartered in Toronto, Canada, with offices in Ottawa and Atlanta. To learn more about TransGaming visit http://www.transgaming.com.
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Contact Information:
LEWIS PR
Jade Wilkinson
+1 415 992 4400
TransGaming@lewispr.com
Jean-Francois (JF) Dube
Investor Relations - Canada
+1 877 848 8790
investors@transgaming.com
Wolfe Axelrod Weinberger Associates LLC
Adam P. Lowensteiner
Investor Relations - United States
+1 212 370 4500
adam@wolfeaxelrod.com