HONG KONG, Jan. 10, 2006 (PRIMEZONE) -- Hong Kong based Artificial Life, Inc. (Pink Sheets:ALIF), a leading provider of award winning mobile technology and applications, today announced its intention to commence business activities in China.
The company announced that it will sell some of its products in the Chinese markets in co-operation with and through major local Chinese partner companies. Negotiations are currently being conducted. The company expects its first mobile products to be available in China in early Q2, 2006. The company also intends to launch service and support offices in China.
"The Chinese mobile phone market is the largest in the world with hundreds of millions of users already and the number of users is still growing strongly. We have two reasons to enter the Chinese markets this year: first of all, we now have most of our products available in versions for 2.5G phones which are gaining popularity in China. Secondly, it is widely expected that China will join the 3G world sometime in 2006. Many massive 3G network tests are already under way in several Chinese provinces. We want to be ready when the 3G licenses are issued. We have so far focused on selling in the Hong Kong and Taiwanese markets and have followed and watched the Chinese mobile market to mature before we made this important strategic decision. However, now we believe it is the right time for us to move forward. We have already produced Chinese language versions (Mandarin) for our key products," said Eberhard Schoeneburg, CEO of Artificial Life, Inc.
About Artificial Life
Artificial Life, Inc. (Pink Sheets:ALIF) is a public U.S. corporation headquartered in Hong Kong and a leading global provider of award winning mobile technology, content, games and applications (see also www.artificial-life.com ; www.v-girl.com ; www.v-disco.com ; www.botme.com ).
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Artificial Life, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the "Risk Factors" described in the Company's Annual Report or Forms 10-K, 10-K(SB) or 10-Q(SB) for the recent fiscal years. All information set forth in this press release is as of January 10, 2006 and Artificial Life, Inc. undertakes no duty to update this information unless required by law.