HOLLYWOOD, Calif. and HONG KONG, Dec. 6, 2007 (PRIME NEWSWIRE) -- Hong Kong-based Artificial Life, Inc. (OTCBB:ALIF), a provider of award-winning mobile 3G technology and applications, announced today that it has signed a worldwide licensing deal with Paramount Digital Entertainment, a division of Paramount Pictures Corporation, to release two exclusive mobile games based on the multiple Academy Award winning movie "Braveheart" and the recent box office hit "Shooter."
These two titles were selected based on their strong brand recognition, solid fan base, and adaptability to the mobile game format. The advanced mobile games, using the latest in technology will be of the action genre with real-time strategy features and enhanced 3D graphics. The games are scheduled for release and sale globally in early 2008 via on-deck telecom carriers and off-deck resellers.
"Artificial Life's focus on quality and history of producing high quality, branded mobile games that deliver a truly enjoyable mobile game experience speaks for itself" said Pradeep Mittur, Vice President for Paramount Pictures Digital's operations across the Asia Pacific region. "Their ability to bring alive the compelling characters and storylines from these two hit titles, will help our fans and gamers experience a thrilling interactive game play. The innovative games will feature unique gaming engines, swift character movements and advanced gaming physics that challenge the players."
"This new partnership with Paramount Digital Entertainment is an exciting opportunity as Paramount Pictures owns one of the largest movie library collections in the world. Both the "Braveheart" and "Shooter" titles have very distinctive storylines depicting a great tale of good versus evil with strong heroes, which are the classical elements of building exciting action-oriented mobile games," said Eberhard Schoneburg, CEO of Artificial Life, Inc. "The partnership further strengthens our reputation of successfully converting world class movie titles into high quality interactive mobile games," he added.
About Paramount Digital Entertainment
Paramount Digital Entertainment (PDE) is part of Paramount Pictures Corporation. Paramount Pictures Corporation (PPC), a global producer and distributor of filmed entertainment, is a unit of Viacom (NYSE:VIA) (NYSE:VIA.B), a leading content company with prominent and respected film, television and digital entertainment brands. The company's labels include Paramount Pictures, Paramount Vantage, Paramount Classics, DreamWorks, MTV Films and Nickelodeon Movies. PPC operations also include Paramount Digital Entertainment, Paramount Home Entertainment, Paramount Pictures International, Paramount Licensing Inc., Paramount Studios, and Worldwide Television Distribution.
About Artificial Life, Inc
Artificial Life, Inc. (OTC BB: ALIF) is a public U.S. corporation headquartered in Hong Kong with offices in Berlin and Tokyo. The Company is the world's first full service provider of mobile broadband (3G, 3.5G and 4G) content and technology including multiple award winning mobile games, mobile business applications, mobile TV technology and cutting edge, proprietary broadband middle ware (for more details, please visit http://www.artificial-life.com). For our current mobile game product offerings please also visit http://www.botme.com
Forward-Looking Statements:
This press release contains ``forward-looking statements'' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, without limitation, statements regarding our future results of operations, financial condition and business prospects. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue," or the negative of these terms or other comparable terminology. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them. These statements involve risks and uncertainties, and actual market trends or our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, our ability to obtain additional funding to operate and grow our business; the unproven potential of our mobile gaming business model; changing consumer preferences and uncertainty of market acceptance of our products; timely adoption and availability of 3G mobile technology; market acceptance for use of mobile handheld devices to play the interactive games; unpredictable mobile game development schedules; our reliance on a relatively small number of brands; our ability to license brands from others; our dependence upon resellers and telecommunication carriers and operators to distribute our products; our ability to successfully develop, introduce, and sell new or enhanced products in a timely manner; and the timing of new product announcements or introductions by us or by our competitors. For additional discussion of these risks and uncertainties and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including our Annual Report on Form 10-KSB filed on April 3, 2007. We assume no obligation to update any forward-looking statements, which apply only as of the date of this press release.