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Actiga Corporation Provides Update on Purchase Orders Received for Recently Launched Mini-Motion Line
Business Wire, Sept 16, 2008
RIVERSIDE, Calif. -- Actiga Corporation (OTCBB:AGAC) (Frankfurt:1AI), a leading pioneer in active video gaming products and services, today announced that its wholly owned subsidiary, Aptus Games, a fully integrated developer and manufacturer of interactive entertainment and motion-sensing technology, has received initial purchase orders totaling approximately $250,000 for its Mini-Motion line of games and controllers, which was unveiled last Friday, September 12th. The purchase orders were generated primarily for one major national retailer, as well as several other retailers. The Company expects its merchandise to be available on the shelves of these retailers during the fourth quarter, in time for the important holiday season.
"We are excited by the strong interest retailers have already shown in Mini-Motion, which we view as an endorsement of our belief that we have introduced truly unique products and features to the video gaming industry," said Amro Albanna, chairman and CEO of Actiga Corporation. "The initial purchase orders we have already seen in the third quarter, for just our Aptus Games division, far outstrip the revenue we generated for all of Actiga in the entire first half of the year, and we expect this aggressive growth to continue as we pursue new points of distribution."
About Actiga Corporation
Actiga Corporation is a leading pioneer in active gaming. The company's mission is to empower users to enjoy real-life, natural motion game play controllers that provide access to revolutionary downloadable 3D games and PC/MAC/Console-based video games. The company is committed to bringing to market a portfolio of online and PC/MAC/Console gaming products and services through its family of companies like Qmotions and Aptus Games. For additional information, visit http://www.actiga.com.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 about Actiga Corporation. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including, but not limited to, launching a new line of products in the second half of 2008, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statement. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statement: the ability of the company to successfully integrate wireless technology into its products; a delay in the timing of the launch of new products; general economic conditions; geopolitical events and regulatory changes; requirements or changes adversely affecting the businesses in which Actiga is engaged; demand for the products and services that Actiga provides. Actiga assumes no obligation to update the information in this press release.
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