REDWOOD CITY, Calif.,
June 5, 2012 /PRNewswire/
-- Signature Devices, Inc. (PINKSHEETS: SDVI) and its
subsidiary, Graffiti Entertainment Inc., today announced Gold
status for 24 SKUs (Stock Keeping Units) in its award-winning
Reader Rabbit online games series. The titles include Reader
Rabbit for Preschool, Kindergarten, First Grade and Second Grade in
Spanish, French, Finnish, Swedish, Norwegian and Danish (in
addition to versions previously made available in
English).
"We are looking at a potential three-fold sales increase based
on the expanded accessibility of our Reader Rabbit titles to
children who speak different languages. To have reached this level
of development signals the intent of Signature Devices Inc. to
dramatically grow our business," said Mart van der Velde, CEO of
Signature Devices, Inc. and Graffiti Entertainment Inc.
"By focusing on our core strengths as a company, introducing new
sales channels and management, and utilizing the development skills
of Graffiti Entertainment, we are approaching the market in an
aggressive way that makes sense based on demographics," Mr.
van der Velde added. "These
titles, which already have received critical and popular acclaim in
English language versions, will pave the way for more development,
distribution and sales expansion in the year ahead," Mr
van der Velde concluded.
Gold status is a term which means that development and
programming is completed. This phase is followed within several
weeks by delivery to market. Reader Rabbit from SDVI's
Graffiti Entertainment is a 2011 Parents' Choice Approved Award
Winner. It is an educational adventure game based on the characters
of the popular series for young children, Reader Rabbit. The games
teach basic skills to prepare kids for success at school and
provide a foundation for further learning. They are presented in a
colorful cartoon style with short videos, full voice acting, and
sing-along songs designed to engage young children while still
teaching basic skills.
About Signature Devices, Inc. and Graffiti Entertainment,
Inc.:
Based in Redwood City, Calif.,
Graffiti Entertainment, Inc. was spun out from Signature Devices,
Inc. (www.signaturedevices.com) (PINKSHEETS: SDVI) and publishes
diverse media products including console video games, iPhone/iPad
and Android games. Signature Devices, Inc. creates and develops
social networking systems including social networking server
software, social networking games and console games, which it
publishes through Graffiti Entertainment, Inc. Signature Devices,
Inc. and Graffiti Entertainment, Inc. recently announced a merger
agreement. Mart van der Velde is the
CEO of both companies.
The information in this press release includes certain
"forward-looking" statements within the meaning of the Safe Harbor
provisions of Federal Securities Laws. Investors are cautioned that
such statements are based upon assumptions that in the future may
prove not to have been accurate and are subject to significant
risks and uncertainties, including the future financial performance
of the Company. Although the Company believes that the expectations
reflected in its forward-looking statements are reasonable, it can
give no assurance that such expectations or any of its
forward-looking statements will prove to be correct. Readers are
cautioned not to place undue reliance on these forward-looking
statements that speak only as of the date of this release, and the
Company undertakes no obligation to update publicly any
forward-looking statements to reflect new information, events, or
circumstances after the date of this release except as required by
law.
Contact:
For more information, please visit: www.signaturedevices.com
Investor Relations
650-654-4800 x111
SOURCE Signature Devices, Inc.