ASE Labs
Welcome Guest. Please register or log in now. There are 11 people online (0 Friends).
  • Home
  • Articles
  • News
  • Forum
  • Register/Login
You are at ASE Labs » News » Signature Devices, Inc. Expanding in Europe With New UK Based Subsidiary and Web Site Named GraffitiPlay(TM)

Signature Devices, Inc. Expanding in Europe With New UK Based Subsidiary and Web Site Named GraffitiPlay(TM)

Poster: SySAdmin
Posted on April 16, 2012 at 1:00:01 PM
Signature Devices, Inc. Expanding in Europe With New UK Based Subsidiary and Web Site Named GraffitiPlay(TM)

CEO Mart van der Velde Outlines Company Sales and Marketing Priorities

REDWOOD CITY, Calif., April 16, 2012 /PRNewswire/ -- Signature Devices, Inc. (PINK SHEETS: SDVI), having recently announced a merger with Graffiti Entertainment, Inc., today announced expansion plans for Europe. A Board resolution has been signed to acquire a European company established in 1991 which had 14 employees and revenues of $1.2 million in 2010. The Company (whose current name was not announced at this time pursuant to its agreement with Signature Devices, Inc.) will be newly named GraffitiPlay(TM), will be based in London,  and will be a wholly-owned subsidiary. Mart van der Velde, CEO of Signature Devices, Inc. and Graffiti Entertainment, Inc. will serve as Chief Executive Officer on an interim basis until an England-based CEO is named.

"Our strategic plan is coming to fruition as we move aggressively into the European marketplace, including with a dedicated company and team. Our top goal is to increase exposure to our game titles and increase sales, and we are launching a new web site, http://www.graffitiplay.com, to serve as a European sales platform," said Signature Devices, Inc. CEO Mart van der Velde.

"The world of gaming and the various platforms, especially the growing mobile app marketplace, is one where unique product such as ours can have a universal appeal. We have not previously had the kind of viral marketing that can take full advantage of our award-winning titles like the Reader Rabbit® series, and management is addressing that in an aggressive way moving forward," added Mr. van der Velde.

The Company Graffiti Entertainment, Inc. is acquiring, and that will be known henceforth as GraffitiPlay, based in the UK, also is the beneficiary of a six-figure judgment. Collection of this judgment will benefit Graffiti Entertainment, Inc. with cash which will be used to further the growth plans.  Graffiti Entertainment, Inc. has recently announced plans to provide accounting and attorney opinion disclosures to enhance its publicly traded listing on Pink Sheets.  Pending this final merger, Graffiti Entertainment, Inc. and Signature Signature Devices, Inc. will consolidate financials including revenue and expenses.

While this work is being completed, the Company is aggressively expanding its sales and marketing efforts. The Company is also planning to increase promotional efforts on both current and upcoming software titles.

About Graffiti Entertainment, Inc. and Signature Devices, Inc.:

Based in Redwood City, Calif., Graffiti Entertainment, Inc. was spun out from Signature Devices, Inc. (http://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:
http://www.SignatureDevices.com
or call

Investor Relations

650-654-4800 x111

SOURCE  Signature Devices, Inc.

Signature Devices, Inc.

Web Site: http://www.graffitiplay.com
 
Print This Entry
Tags PR Press Release
Related Articles
  • Ultratech Ships First Ambient Control Laser Spike Anneal System
  • =?ISO-8859-1?Q?New_truth=AE_Mobile_Game_Graffiti_Collective_Delivers_C?= =?ISO-8859-1?Q?reativity,_Social_Fun_With_A_Side_Of_Health_Education?=
  • Epson Named Official Printer and Paper Partner for Nature's Best Photography Awards for Second Consecutive Year
  • Iowa Farm Family Unleashes BusterBall(TM) -- And The World Will Never Be The Same
  • AT&T and NEC Introduce Ultra-Rugged Smartphone Designed for Hard Work, Real Life
Login
Welcome Guest. Please register or log in now.
Forgot your password?
Navigation
  • Home
  • Articles
  • News
  • Register/Login
  • Shopping
  • ASE Forums
  • Anime Threads
  • HardwareLogic
  • ASE Adnet
Latest News
  • Welcome to the new server
  • Gmail Gets Optional Preview Pane
  • HBO Go on Consoles
  • HP Touchpad Update
  • Happy System Administrator Day!
  • Apple Releases OS X 10.7 Lion
  • More Android Apps Found to be Malware
  • This Weeks News
  • Happy Birthday USA!
  • Windows Phone Gets Angry Birds, Custom Rings Coming To Mango
Latest Articles
  • Sapphire Edge HD4 Mini PC
  • Logitech G710+ Mechanical Gaming Keyboard
  • EnerPlex Kickr IV And Jumpr Solar Power Pack
  • Kingston Wi-Drive
  • Kingston SDX10V/128GB SDXC Memory
  • In-Win K1 All In One Convertible Case
  • Kingston MobileLite G3 USB3 SDXC Card Reader
  • Synology DS712+ Network Application Server
  • Rapoo Wireless Touchpad Keyboard E9080
  • Netgear NeoTV NTV200 Streaming Player
Latest Topics
  • What are you listening to now?
  • Random Fact of the Day
  • Air Jordan Shoes: The most appropriate Sports activities Trunk
  • Nike Free Run game shoes and boots
  • New Spam controls coming soon
  • Hassan Rouhani wins Iran presidency
  • No decision on arming Syrian rebels
  • How to stop a person from bullying you ?
  • A QUESTION!! PLEASE HELP!
  • End of the Road.
  • Story Time!
  • A Sims RP? >.>
  • тнє нαηgιηg тяєє
  • Pokemon: The Ongaku Region
  • Nova
  • Now its too late for you and your white horse to come around
Advertisement
Advertisement
Affiliate Reviews
  • Kingston HyperX Beast Black 16 GB 2133 C11 (2x8 GB) Review at techPowerUp!
  • Fractal Design Arc Midi R2 Case Review at Pro-Clockers
  • EVGA Introduces SuperNOVA 1300 G2 PSU at Hardware Secrets
  • Faster Acer C7 Chromebook at Walmart for USD 199 at Hardware Secrets
  • Qt 5.1 Release Candidate 1 Has Arrived at Phoronix
  • In-Fighting Continues Over Mir On Non-Unity Ubuntu at Phoronix
  • ASRock Z87 Extreme4 Motherboard at Hardware Secrets
  • Subversion 1.8 Presents New Features at Phoronix
  • MSI GTX 770 Lightning 2 GB Review at techPowerUp!
  • Thermaltake Urban S21 Elegant Mid Tower Review at Pro-Clockers
  • LLVM 3.3 Officially Released at Phoronix
  • LLVM/Clang Now Uses Loop Vectorizer At New Levels at Phoronix
  • Intel GPU Driver Tries To Rip Out FBDEV Support at Phoronix
  • Coreboot Doing AMD USB 3.0, Q35 QEMU Emulation at Phoronix
Press Release
  • Ultratech Ships First Ambient Control Laser Spike Anneal System
  • =?ISO-8859-1?Q?New_truth=AE_Mobile_Game_Graffiti_Collective_Delivers_C?= =?ISO-8859-1?Q?reativity,_Social_Fun_With_A_Side_Of_Health_Education?=
  • Epson Named Official Printer and Paper Partner for Nature's Best Photography Awards for Second Consecutive Year
  • Iowa Farm Family Unleashes BusterBall(TM) -- And The World Will Never Be The Same
  • AT&T and NEC Introduce Ultra-Rugged Smartphone Designed for Hard Work, Real Life
  • Samsung Canada Releases the Hottest Series of the Summer
  • Finesse Solutions Launches Next Generation SmartGlass 3L Bioreactors for Cell Culture and Fermentation
  • Samsung Galaxy S4 Gets Two Sleek and Stylish 2nd Generation WiQiQi Wireless Chargers For Desktop and Car Use
  • Northrop Grumman Delivers Open-Architecture Software Development Kit to Interested Parties Following AMDR Industry Day
  • Entrust First North American CA to Complete Audit for New CA/Browser Forum SSL Baseline Requirements
Home - ASE Publishing - About Us
© 2010 Aron Schatz (ASE Publishing) [Queries: 16 (8 Cached)] [Rows: 292 Fetched: 35] [Page Generation time: 0.03338098526001]