GOLDEN, Colo., Oct. 17, 2006 (PRIMEZONE) -- HumWare Media Corporation (Pink Sheets:HMWM) announced today that it has signed a Letter of Intent (LOI) with iGAMEFACE LLC, a West Virgina corporation. Under the terms of the LOI, HumWare Media Corporation will acquire the assets of iGAMEFACE and merge them into Timeless Sports Inc. a wholly owned subsidiary.
Founded by Christopher McComas in 2004 and located in Huntington, West Virginia, iGAMEFACE is an interactive sports marketing and memorabilia company. iGAMEFACE offers professional athletes a variety of services including official website development and maintenance, fan club development and management, online memorabilia, mobile services, and much more. iGAMEFACE has exclusive fan club rights for some of the top stars in the NFL including:
New Orleans Saints - Reggie Bush Arizona Cardinals - Matt Leinart Houston Texans - Mario Williams Dallas Cowboys - Roy Williams Oakland Raiders - Michael Huff Atlanta Falcons - DeAngelo Hall Kansas City Chiefs - Larry Johnson St Louis Rams - Steven Jackson Pittsburgh Steelers - Santonio Holmes and 13 others.
Timeless Sports Inc., a wholly owned subsidiary of HumWare Media, is a premier professional athlete memorabilia services company. Timeless Sports offers the athletes and agents they represent the ability to maximize professional athletes marketability with related services including eBay sales, apparel lines, an autographed authenticity system, fan club management, a customized athlete Internet store as well as exclusive autograph appearances for fans to meet and obtain autographs from both current professional athletes as well as retired legends. The company also operates a retail memorabilia store in the upscale Flat Irons Mall in Denver, Colorado.
John Huemoeller, CEO of HumWare commented, "The iGAMEFACE acquisition positions the Company for exponential future growth when integrated with Timeless Sports numerous distribution channels and we look forward to the iGAMEFACE team joining our team."
For more information on Timeless Sports and its products please visit www.timelesssportsmedia.com or www.timeless-sports.com.
About HumWare Media Corporation:
HumWare Media Corporation (Pink Sheets:HMWM) has diversified operations that publish Internet games and promotional business-to-consumer advertising solutions. The Company is an emerging "new media" advertising company operating the Boondoggle Sports Network. Boondoggle delivers interactive sports trivia and fantasy sports entertainment to the hospitality industry (bars, restaurants, golf courses, health clubs, and hotels. The Company also sells sports memorabilia through its wholly owned subsidiary Timeless Sports Inc.
Safe Harbor Statement: All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements (i.e., future operational results and sales) are subject to assumptions and beliefs based on current information known to the Company and factors that are subject to uncertainties, risk and other influences, which are outside the Company's control, and may yield results differing materially from those anticipated.