InvestorsHub Logo
Followers 556
Posts 17586
Boards Moderated 4
Alias Born 01/02/2005

Re: None

Friday, 08/28/2009 8:34:47 AM

Friday, August 28, 2009 8:34:47 AM

Post# of 3010
Artificial Life Extends China Activities Due to iPhone Launch in China
On Friday August 28, 2009, 7:58 am EDT

LOS ANGELES and HONG KONG, Aug. 28, 2009 (GLOBE NEWSWIRE) -- Artificial Life, Inc., (OTCBB:ALIF - News), (www.artificial-life.com), today announced its strategic decision to expand its business activities in China. All iPhone and iPod touch games and applications of Artificial Life will be translated into simplified Chinese and launched in China as soon as possible. In addition, the company will create new and specially tailored iPhone & iPod applications for the Chinese market.

As a leading iPhone content producer we applaud the decision of China Unicom to sell and introduce the iPhone into the Chinese market, the world largest mobile phone market with over 600 million subscribers. We expect the iPhone to be successful in China especially due to the many free downloads available on the device. With our production center in Hong Kong we are already active in China and are especially aware of the Chinese cultural preferences and customization needs. Our focus will not just be on games but also on lifestyle applications and new business applications for the China market in the iPhone," said Eberhard Schoneburg, CEO of Artificial Life, Inc.

(iPod is a trademark of Apple Inc., registered in the US and other countries. iPhone is a trademark of Apple Inc.)

About Artificial Life, Inc.

Artificial Life, Inc. (OTCBB:ALIF - News) is a public U.S. corporation headquartered in Los Angeles, with its production center in Hong Kong and additional offices in Berlin (EMEA headquarter) and Tokyo. As a leading, full-service provider of mobile broadband 3G technology, mobile participation TV, mobile gaming, content and business applications, Artificial Life provides 2D and 3D multi- and single-player rich-media applications for 3G, 3.5G and 4G network-enabled mobile phones. Recognized internationally for outstanding content quality and technology, Artificial Life transcends traditional modes of mobile communications and interactive gaming. For more information, please visit www.artificial-life.com or the company's m-commerce portal at www.botme.com.

The Artificial Life logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=1669

Forward-Looking Statements:

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, without limitation, statements regarding our future results of operations, financial condition and business prospects. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" or the negative of these terms or other comparable terminology. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them. These statements involve risks and uncertainties, and actual market trends or our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, our ability to obtain additional funding to operate and grow our business; the unproven potential of our mobile gaming business model; changing consumer preferences and uncertainty of market acceptance of our products; timely adoption and availability of 3G mobile technology; market acceptance for use of mobile handheld devices to play the interactive games; unpredictable mobile game development schedules; our reliance on a relatively small number of brands; our ability to license brands from others; our dependence upon resellers and telecommunication carriers and operators to distribute our products; our ability to successfully develop, introduce, and sell new or enhanced products in a timely manner; and the timing of new product announcements or introductions by us or by our competitors. For additional discussion of these risks and uncertainties and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including our Annual Report on Form 10-KSB filed on February 9, 2009. We assume no obligation to update any forward-looking statements, which apply only as of the date of this press release.

Contact:
Artificial Life, Inc.
PR & IR:
Annie Lau(+852) 3102 2800
ir@artificial-life.com

Mike

Visit my favorite boards:
SwingTrade - #board-1781
VMC Motherboard - #board-3251

Due diligence on my favorite stocks is located on the sticky note on the SwingTrade board.