The games can be found on major mobile operators in the US and Europe with prizes from leading retailers including Amazon, Starbucks, Best Buy and Apple, among others. New play-for-cash services will be launched on specific operators in Europe starting in January 2009. Subscribers have the ability to select from daily and weekly head-to-head, high-score and tell-a-friend tournaments. In addition, subscribers can win prizes through monthly mega-raffles and loyalty programs.
“This is truly the first cross-carrier skill-based community mobile game service that has been launched on a broad scale,” stated Twistbox CEO, Ian Aaron. “By extending the shelf-life of existing titles, converting a one-time download business into a recurring subscription model and by providing exciting prizes that are in reach for the casual gamer, we have created a compelling value proposition for all players in the mobile ecosystem. In addition, we are in development to leverage our platform, technology and pending patents to deliver a consistent play-for-prizes experience across all three screens.”
The Company’s play-for-prizes service operates on a revenue share basis with mobile operators and publishers. Twistbox has a pipeline of new mobile operators and publishers being launched for the holiday season and throughout 2009. The Company has begun to port all play-for-prizes games to an array of smart phones and platforms including Apple’s (APPL) iPhone and Google’s (GOOG) Android. With a growing base of more than 7 million monthly targeted game impressions, Twistbox is expanding its prizing portfolio to include sponsorship programs.
About Twistbox Entertainment, Inc.:
Twistbox is a leading global producer and publisher of mobile entertainment. Twistbox has exclusive licenses with industry-leading brands, direct distribution with more than 120 wireless operators in over 45 countries and provides an extensive portfolio of award-winning games, WAP sites and mobile TV channels.
About Mandalay Media, Inc.:
Managed by leading media and technology industry executives, the Company’s mission is to build a unique combination of new media distribution and content companies through acquisitions with domestic and foreign businesses with strong management teams and historical financial performance.
Source: Mandalay Media Inc.