SOURCE: VID3G INC.

January 07, 2015 08:30 ET

VID3G Enters Into Co-Development Agreement in the Mobile Game Space

BELLINGHAM, WA--(Marketwired - Jan 7, 2015) - VID3G, INC. (OTC PINK: VIDG) VIDG is pleased to announce the Company has finalized the material terms of a co-development and marketing agreement with a private Canadian company, Mobile Rocket Games (MRG) to develop and market mobile games for Android and Apple platforms.

Pursuant to the agreement, MRG will provide expertise and Intellectual Property in the form of current game titles and pre-production game titles. MRG utilizes a unique developer pool system to minimize overhead, maintaining a network of developers ranging in skills, knowledge and experience. Using this model, MRG can call on specific developers to meet the requirements of its current projects on an as-needed basis. To meet the demands of its debut title, Battle Cattle, MRG will continue working with Dreamfever studios' Kristian Fosh and veteran developer Nigel Hughes.

There are currently four game titles at different levels of development. The first, Battle Cattle, will be released spring 2015, as it has been under development, prototyping, testing and revisioning for over a year. Battle cattle is a physics based castle defense game inspired by such classics as Missile Defense and Angry Birds. The second game title, in pre-production, is an Arcade Style Unique Futuristic Space Shooter inspired by the classic arcade space shooter genre. The third game title is a cutting edge side-scrolling Real-Time Strategy (RTS) game inspired by Patapon and Sid Meier's Civilization. The fourth game title is in the concept stage, with a casual gamer target audience.

Under the agreement, VIDG will provide the capital required to complete the first build of Battle Cattle for launch on all major platforms in North America in addition to. VIDG will also provide development capital for additional expansions and subsequent game titles, to be negotiated separately to maximize the benefit to both VIDG and MRG.

As previously announced VIDG is currently developing the next generation social video sharing mobile application for Asia in China with a team of video technology experts. Further to the agreement, VIDG will utilize this resource and the associated network in China to access China's vast mobile game market.

It has been agreed that both VIDG and MRG will contribute resources to market the games in Canada, the USA and eventually Asia and the rest of the world. The specific terms as to marketing responsibilities will be finalized before the first title is released. 

Roy Bosa, CEO states, "According to multiple news sources, revenue in the mobile game market is expected to continue to grow in 2015. We believe this is the perfect time to enter this market. This co-development agreement allows VIDG to hit the ground running with minimal initial capital expenditures and a low ongoing overhead by utilizing the expertise and resources that Mobile Rocket Games provides."

About Vid3G Inc.
Vid3G Inc. is a company that specializes in identifying companies with significant growth potential and bringing together the resources needed to attain financial stability and growth for these entities. Our focus is on companies with identifiable upside potential from bringing new technologies and unique products to market. The Company acquired the right, title and interest to several Vid3G mobile application patents from Leexoo Technology Ltd/Vid3G LLC with which we are utilizing to develop the next generation social video sharing mobile application for Asia and North America. With this technology the 700 million Chinese mobile users will have the opportunity to video and video stream on their smart-phones at the highest quality since similar technology is not available in China.

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