CHARLOTTE, N.C., Feb. 12, 2008 (PRIME NEWSWIRE) -- Double Eagle Holdings, Ltd. (OTCBB:DEGH) is pleased to announce a partnership with Imperial Boogie for its portfolio company, Zatso, LLC. Pursuant to the agreement, Imperial Boogie (iB) (http://www.ImperialBoogie.net) will represent Zatso ahead of the University of Oklahoma limited test release in Norman, OK. Some of Imperial Boogie's previous clients include Cooley Nutraceuticals, Inc. (FixStrips.com), LG Electronics, AIGA, Qualcomm, Bausch & Lomb, CSC, General Atomics, RJ Reynolds and BFG Communications.
Zatso chose Imperial Boogie to represent the new gaming model, citing the extraordinary results that the company has achieved during its partnership with Fix Hangover Strips. "The level of promotion and innovation that iB continues to contribute to Fix Strips is evident in their advanced web elements and programming, packaging, marketing and video production. We are confident that Zatso and Imperial Boogie are a natural fit," stated Hank Durschlag, President of Double Eagle Holdings, Inc.
Imperial Boogie's IT, design and programming departments have begun full production on Zatso's patented gaming model. Zatso's software model distinctively combines elements of virtual gaming, logic, pop culture, history, scavenger hunting and social networking. The unique gaming structure is designed to tailor challenges to each user's profile, matching an entertaining and personalized challenge. Zatso's design also simultaneously enables combined challenge competition at the local level, state levels and the national level.
"The patented business model and processes that have been created by Zatso have never been done before, and we are excited to bring our expertise to another excellent one-of-a-kind product," stated Sam Bein, President of Imperial Boogie.
About Double Eagle Holdings, Inc.
Double Eagle Holdings, Inc. (www.doubleeagleholdingsltd.com) is a closed-end investment company that invests in value-based opportunities that are typically either privately held or considered small or micro cap publicly traded companies. Double Eagle's investment objective is to generate both current income and long term capital appreciation through debt and equity investments. Double Eagle Holdings, Inc. is a registered business development company under the Investment Company Act of 1940 ("1940 Act").
Forward-Looking Statements in this news release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only, and is not an offer or solicitation to buy or sell the securities.