Wednesday, March 02, 2016 10:44:30 AM
Press Release we put out today!
Exciting for IENT.
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iEntertainment Network to Acquire Tapstar Interactive
Tapstar brings Mobile and PC Game Publishing to IENT!
CARY, N.C. – March 2, 2016 – iEntertainment Network Inc., (OTCBB: IENT) announces that it has signed a Letter of Intent to acquire Tapstar Interactive Inc., (www.tapstargames.com/), bringing new games, new management, and new mobile and PC game publishing operations to iEntertainment Network for 2016 and beyond. The Tapstar acquisition is expected to add significant new revenues to iEntertainment Network, Inc.
Tapstar Interactive has recently launched Boulder Dash 30th Anniversary and Metro 2033: Wars. Mr. Chris Gray, CEO, and Mr. Steve Wall, President, each with decades of game management experience, have lined up an impressive list of game releases for 2016 including 5 mobile and three PC games based on well-known Intellectual Properties, (IP).
“The Tapstar strategy to acquire and develop mobile and PC game products based on world famous IP is very attractive to iEntertainment as a public company,” says iEntertainment Network Executive Chairman, JW “Wild Bill” Stealey. “We are excited to have Chris and Steve join our company and believe their operations can bring very significant additional revenues to the new IENT over the next few years!”
IENT will continue to grow its WarBirds franchise with a new mobile WarBirds release and new Bow Hunter 2016 and Crossbow Hunter 2016 mobile games. IENT also intends to return to full public company reporting in 2016.
Contact IENT:
JW Stealey, Executive Chairman
JWStealey@IENT.com
Company Phone 919-238-4090
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About iEntertainment Network
Founded in 1994, iEntertainment Network, Inc. a public company, (OTCBB: IENT), develops online and retail games. JW Stealey, CEO, Co-Founder MicroProse Software, has produced more than 500 successful games since 1982, including multi-million unit sellers, Civilization, F-15 Strike Eagle, Gunship, Pirates!, M1 Tank Platoon, and more.
Safe Harbor Notice
Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). iEntertainment Network, Inc. (IENT) cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. IENT undertakes no obligation to revise these statements following the date of this news release.
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