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Signature Devices, Inc. to Release Four New Apple Apps in 2012 First QuarterCurrent Pink Sheets Listing and New Global Office Also Planned by Signature Devices, Inc. (December 27, 2011)
REDWOOD CITY, CA -- (Marketwire) -- 12/27/11 -- Mart van der Velde, who was recently appointed CEO of Signature Devices, Inc. (PINKSHEETS: SDVI) to lead growth, revenue and product plans, today announced plans for Q1, 2012:
"Signature Devices, Inc. has four new games in final review with Apple to be sold through the iTunes store in the first quarter of 2012, and these products will provide a new source of revenue to SDVI to kick off the New Year," Mr. van der Velde announced today.
"We are also retaining securities counsel to help SDVI obtain a current status with our Pink Sheets listing and plan to make the appropriate reports and disclosures to achieve this during the first quarter. We also will be opening a global headquarters office in Nijmegen in the Netherlands, a mini-Silicon valley type area," Mr. van der Velde further announced.
NEW PRODUCTS AND REVENUE
"The strong strategic plan to release new product, improve our marketing and distribution, increase our global sphere of management, and enhance our Pink Sheets listing are my priorities for oversight as the new CEO of Signature Devices, Inc.," stated Mr. van der Velde.
"We are taking a very serious approach to building a sound base of operations from which we can increase the marketing of our already respected product developments. I have spent December conducting a top down review of our operations and procedures and am more confident than ever in the potential for Signature Devices, Inc. to become a true leader in the gaming field.
"SDVI has always had powerful software relationships and now we are going to take our technical expertise to the next level with a business structure designed to maximize revenues and results. We are completing plans to let the world know about our new apps coming to the Apple iTunes store, and bringing these to the ever expanding marketplace for these types of products," Mr. van der Velde added.
NEW OFFICE TO TARGET EUROPE MARKET
Mr. van der Velde will be based in the new Netherlands headquarters. This office will serve as the base for an expanded marketing effort across Europe.
"As CEO, I will create new marketing relationships in Europe, which we see as a vital growth area for Signature Devices, Inc.," Mr. van der Velde added.
The announcement of new product coming for Apple devices is in addition to the Signature Device's continuing status as an Official Nintendo® licensed developer for DS and Wii, an Official Sony® licensed developer for Playstation® 3 and Playstation® Portable, and a fully-integrated developer for XBOX360. Signature Devices, Inc. has developed software for leaders like Electronic Arts, Activision, Crytek, Expresso Fitness, and SNK Playmore.
SDVI will announce full details of the four new gaming titles in the near future.
About Signature Devices, Inc.:
Based in Redwood City, Calif., Signature Devices, Inc. (SDVI) 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.
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