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Actiga Advances Mission as Pioneer in Active Video Gaming

29-MAY-2008
Company on Track to Achieve Strategic Goals in 18 Months

Riverside, Calif. – May 29, 2008 – Actiga Corporation(OTCBB: AGAC), a leading pioneer in active video gaming products and services, today provided an update on its continued progress toward achieving its  strategic goals. 

In line with the company’s mission to empower users to enjoy motion game play controllers that provide access to revolutionary downloadable 3D games and PC/console game products and services, the company’s stated strategic goals are to: 

  • Launch AptusGames.com – Actiga’s Web-based destination designed to engage players through motion-sensing controllers and cutting edge 3D browser-based games;
  • Launch a full line of next-gen controllers that support next-gen consoles;
  • Significantly increase revenues and achieve profitability;
  • Secure major strategic partnerships to broaden product portfolio and expand distribution channels; and,
  • List Actiga’s securities on a national exchange in 2009.
“We have devoted a significant amount of resources toward advancing our unique video game product and service offerings,” said Amro Albanna, chairman and CEO of Actiga. “The worldwide video game industry continues to experience massive growth and we believe we are firmly positioned to capture a solid share of the video game market through our continued efforts to revolutionize the industry with next-gen controllers and an online video game portal that will provide global access to motion-based 3D games.”  

Since completing its reverse merger in January 2008, the company believes it is on track toward achieving its strategic goals within the next 18 months. To date, the company has unveiled AptusGames.com for the first time; is making final preparations for the launch of Qmotions’ next-gen FunFitness controller, among others, in the second half of 2008; and has signed a North American licensing agreement with Microsoft Corporation. With increased visibility for its products and services through recent and planned innovative marketing programs, the company expects to drive top line growth and continue its march toward profitability. Finally, plans are underway to move the company from trading on the OTC Bulletin Board toward a national exchange. 

“We are very excited about our long-term growth opportunities and believe we are in a strong position to be among the leading pioneers in active video game technology and services,” Albanna added.  

 

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/Console-based video games. The company is committed to bringing to market a portfolio of online and PC/Console gaming products and services through its family of companies like Qmotions. For additional information, visit http://www.actiga.com

 

SafeHarborStatement

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.  

 

ACTIGA CONTACT INFORMATION

ICR

 

Paula Kalandiak or Andrew Greenebaum

 

310-954-1100