LOS ANGELES, June 30, 2004 (PRIMEZONE) -- uWink, Inc. (OTCBB:UWNK), a designer, developer and marketer of entertainment software for video game terminals, amusement vending machines and gaming kiosks, today announced that it has appointed Messrs. Nimish Patel, Esq. CPA and Kevin McLeod for two-year terms to its board of directors. Mr. Patel is a partner at the law firm of Richardson & Patel, LLP, a corporate securities firm based in Los Angeles, California. Mr. Patel received a Bachelor of Science - Accounting from the University of Southern California and both JD and MBA degrees from the University of San Diego. Mr. Patel is a member of the California State Bar. Mr. Patel's focus on the board of directors will include mergers and acquisitions and venture capital financing. Mr. McLeod, a native of New Zealand currently residing in London, is the Managing Director of a large mechanical and electrical contractor based in London. Mr. McLeod's focus on the board of directors will include the development of international markets for uWink's products.
"We are delighted to welcome Messrs. Patel and McLeod to our board of directors," commented Nolan Bushnell, Chairman of uWink, Inc. "Their collective professional and personal strengths will serve invaluable as we continue to expand our product development, sales and production activities. We feel very fortunate to have them as a part of the uWink team at this exciting point in our corporate development."
About uWink
uWink, Inc. is a pioneering force in the emerging medium of mass-market digital entertainment, including the launch of a hybrid class of ENcommerce (entertainment commerce) games, terminals and vending machines. uWink is led by electronic entertainment visionary and pioneer Nolan Bushnell, who was the founder and former CEO of Atari Corporation and Chuck E Cheese's Pizza Time Theater. At uWink, Mr. Bushnell has focused his legendary skills on creating, developing and launching innovative consumer entertainment concepts with broad mass-market appeal. uWink continues to expand its installed base of entertainment platforms concurrent with the development of a range of new concepts that target fresh market opportunities and applications. Many of these initiatives are scheduled for trial or test marketing in 2004.
Forward-Looking Statements
The statements contained in this press release that are not historical are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements, without limitation, regarding our expectations, beliefs, intentions or strategies regarding the future. uWink intends that such forward-looking statements be subject to the safe-harbor provided by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to, among other things: (1) the success of SNAP! terminal sales and SNAP!'s ability to provide significant replacement revenue for New Zealand pubs and other public gathering places; (2) uWink's expected revenue and earnings growth; and (3) estimates regarding the size of target markets. These statements are qualified by important factors that could cause uWink's actual results to differ materially from those reflected by the forward-looking statements. Such factors include but are not limited to: (1) uWink's ability to obtain development financing as and when needed, (2) uWink's ability to generate and sustain profitable operations, and (3) the market's acceptance of uWink's products and services. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties as more fully described in the Company's periodic filings with the Securities and Exchange Commission. uWink assumes no obligation to update any of the forward-looking statements in this release.