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Actiga Corporation's Qmotions Subsidiary Receives Strong Early Holiday Purchase Orders
Business Wire, Sept 22, 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, Qmotions, Inc., has received initial holiday season purchase orders totaling over $675,000. The purchase orders were generated primarily for two major national retailers. The Company expects its merchandise to be available on the shelves of these retailers during the fourth quarter, in time for gift-giving.
"Combined with the purchase orders we have received for our other division, Aptus Games, we have received over $900,000 of purchase orders in the third quarter alone, far outstripping the revenue we generated in the entire first half of the year," said Amro Albanna, chairman and CEO of Actiga Corporation. "We are thrilled by the strong response well-known retailers have shown to Qmotions' full-motion game controllers, and we expect this aggressive growth to continue as we pursue new points of distribution and roll out new products."
About Qmotions, Inc.
Headquartered in Riverside, California, Qmotions, a subsidiary of Actiga Corporation, is a global developer of active game controllers for the PC, Microsoft Xbox[R] and Sony PlayStation[R] consoles, and online active game technologies that deliver "full-motion" participation in video games. Qmotions' popular product line offers an arcade-like experience to video gamers, affordable indoor simulation capabilities to sports enthusiasts and incorporates entertainment into working-out for fitness fans. For more information about Qmotions visit http://www.qmotions.com.
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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