Phantom Fiber Corporation (OTCBB: PHFB)
StockGuru Alert: News from Profile Phantom Fiber (PHFB)
EFX Signs Multi-Year Contract with Phantom Fiber Corporation To Bring EFX Games to the Mobile Market
Available in 2008, Phantom EFX casino and card games will be offered to mobile users for the first time
Stock Guru Profile – Blogs & Alerts – News & Quotes
CEDAR FALLS, Iowa–Phantom EFX, the leading developer and publisher of interactive card and casino titles for PC and Mac, announced a multi-year contract with Phantom Fiber Corporation, a leading wireless transaction enablement company specializing in the gaming and entertainment sector. Under the terms of the agreement, Phantom Fiber will port several of Phantom EFX’s most popular games to more than 1,000 mobile devices, including cellular phones and PDAs. The downloadable games will have the capacity to connect to a real-time, online gaming community or be played independently in a non-connected mode.
Phantom EFX, a separate entity from Phantom Fiber outside of this contract, has in its proprietary game collection some of the top-selling PC and internet-based card and casino titles available in the market today. The agreement with Phantom Fiber allows players to utilize any of the more than 1,000 mobile devices to enjoy Phantom EFX’s popular gaming titles while away from a hard lined PC or laptop. Available the first half of 2008, the initial Phantom EFX mobile games will include classic table games, slot machines and video poker games currently found in the Phantom EFX PC titles.
“We are very eager to utilize the Phantom Fiber mobile platform and could not be more pleased with the vivid graphics, extraordinary speed and technical sophistication that they presented to us,” stated Jim Thompson, President of Phantom EFX. “With some of the most superior technologies on the market, we are confident that fans of our PC titles are going to take full advantage the mobile product offering and provide an instant customer base for the mobile games,” Thompson added.
Jeff Halloran, Chairman and CEO of Phantom Fiber Corporation, stated, “From our initial meetings with Phantom EFX, we recognized the immediate synergies between our technologies. The quality graphics and world class game offerings of their organization, coupled with the connected and non-connected functionality of our mobile solution, combines to make a very exciting mobile offering. Together we have constructed a mobile strategy to ensure rapid adoption and broad distribution of the products.”
The Phantom EFX mobile game rollout is expected in the first half of 2008, where a selection of games will be available for download online. A download purchase price has not yet been determined.
About Phantom EFX
Founded in 1998, Cedar Falls, IA-based Phantom EFX, Inc. is a leading developer and publisher of interactive entertainment titles for PC and Mac. The privately owned company’s flagship product is the popular, award-winning Reel Deal line of casino parlor games – the best selling casino games on the market. Featuring top-notch game development, a highly effective in-house production team and an unparalleled worldwide distribution system, Phantom’s expansion to the mobile platform with its gaming titles is a natural evolution for the company. For more information about Phantom EFX and its products, visit the company’s website at www.phantomefx.com.
About Phantom Fiber Corporation
Phantom Fiber Corporation (OTCBB: PHFB – News) is a leading developer of wireless platform software that enables its customers to deliver high-performance applications across global communications networks to mobile users. Their wireless platform extends the rich multimedia content and user experience of existing Internet web sites securely and instantly to over 1,600 mobile devices including cellular phones and PDA’s. This platform is already deployed to most segments of the global gaming industry and can be used by enterprises seeking to implement high performance mobile applications in such markets as: remote video surveillance; banking and brokerage applications; as well as the logistics and distribution markets. For more information about Phantom Fiber, please visit our web site at www.phantomfiber.com.
Forward-Looking Statements:
In this press release we make “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results or strategies and can often be identified by the use of terminology such as “may,” “will,” “estimate,” “intend,” “continue,” “believe,” “expect,” “anticipate,” “could,” “potential,” “opportunity,” or similar terminology. These statements are based upon management’s current expectations, assumptions and estimates and are not guarantees of future results or performance. Actual outcomes may differ materially from those projected in these statements due to a variety of risks and uncertainties and other factors, including, among other things: competition; material adverse changes in economic and industry conditions in our markets; technological change; retention and renewal of existing contracts; availability and adequacy of cash flow to satisfy obligations and indebtedness or future needs; protection of intellectual property; security and integrity of software and systems; laws and government regulation, including those relating to gaming licenses, permits and operations; seasonality; dependence on suppliers and manufacturers; factors associated with foreign operations; dependence on key personnel; failure to perform on contracts; resolution of pending or future litigation; labor matters; and stock price volatility. Additional information regarding risks and uncertainties and other factors that could cause actual results to differ materially from those contemplated in forward-looking statements is included from time to time in our filings with the SEC, including our most recent Annual Report on Form 10-K. Forward-looking statements speak only as of the date they are made, and except for our ongoing obligations under the U.S. federal securities laws, we undertake no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
Contact:
Phantom EFX
Jim Thompson, 319-266-1999
JimT@phantomefx.com
or
Lindsey Groepper, Blast Media, 317-806-1425 x114
Lindsey@blastmedia.com
or
Phantom Fiber Corporation
Investor Relations, 416-703-4007 ext. 700
ir@phantomfiber.com
Source: Phantom Fiber Inc.
StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (469) 252-3030. Web: StockGuru.com. Email: Publisher@stockguru.com. Disclosure: Pentony Enterprises LLC has been compensated $23,000 and 60,000 restricted shares directly from the company for profile coverage. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.