TORONTO, ONTARIO--(Marketwire - April 14, 2011) - TransGaming Inc. (TSX VENTURE:TNG) announced today that its Studio Division, creators of the popular title Garage Inc., is currently in production of KULA BLOX, its newest multi-platform game targeted to a broad family audience. Leveraging TransGaming's innovative cross-platform game enablement technologies KULA BLOX will be simultaneously released on iPhone, iPad, iPod Touch, Mac, PC and the GameTree TV Smart TV Gaming Platform in the summer of 2011.
"Our original game, Garage Inc., was an incredible success having garnered a user base of almost 500,000. The casual gaming sector is a high-growth market with lots of potential. These are exciting times, and we are very pleased to be launching a new title based on our own IP", commented Wojtek Kawczynski, Managing Director of TransGaming's Studio Division. "By incorporating both TransGaming's own enablement technologies, as well as innovative micro-transaction business models, KULA BLOX is well-positioned to become profitable quickly while at the same time generating a long-term revenue stream."
KULA BLOX will be an animal-themed arcade-style game that allows a broader audience of non-traditional gamers to have immersive, but still "snack" gaming experiences. The KULA BLOX property is designed to become a franchise that spans across multiple future titles with KULA BLOX being the first. When paired with the lucrative in-game micro-transactions and content updates, the result will be a game that maximizes both profitability and long-term playability.
Additional information on TransGaming Studio Division's KULA BLOX, including a social media promotional campaign, can be found at http://studios.transgaming.com/games/kula-blox and by following @TG_Studios on Twitter. The Facebook page can be found at http://www.facebook.com/TransGamingStudios.
About TransGaming, Inc.
TransGaming, Inc. (TSX VENTURE:TNG), is the global leader in the deployment and distribution of electronic entertainment across multiple platforms. 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 www.transgaming.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information:
Jade Wilkinson
+1 415 992 4400
TransGaming@lewispr.com
TransGaming, Inc.
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