Left Behind Games Sales Continue to Soar
Last update: 12/6/2010 11:14:00 AM
LOS ANGELES, Dec 06, 2010 (BUSINESS WIRE) -- Left Behind Games Inc. (LFBG), the world's leading publisher of Christian video games, announced today that revenues in the current quarter continue to exceed expectations as a result of reorders.
LB Games(R) CEO, Troy Lyndon, says, "Based upon orders received, we expect sales for this current quarter to exceed $1 million. More importantly, reorders are significant for most of our products, showing product-line strength. As a result, we are increasing guidance of annual revenues to $3-5 million over the current and following three quarters with a projected net profit margin of more than 40%."
LB Games(R) has already begun development to convert their existing titles to Wii, Xbox and PlayStation 3 with the expectation to release their first title in 2011. LB Games(R) new Charlie Church Mouse radio ads started this week. New television and movie theatre ads are scheduled to begin this Friday, December 10th with more details to be released."
LB Games(R) top selling titles include LEFT BEHIND 3: Rise of the Antichrist (Teen to Adult), Charlie Church Mouse: SuperPak (ages 2-8), Praise Champion (all ages) and Keys of the Kingdom (all ages). Games are available at Walmart stores, Family, LifeWay, Mardel and Berean Christian stores. LB Games(R) Store Locator is at . Games are also available directly from .
About Left Behind Games Inc.
Left Behind Games Inc., dba Inspired Media Entertainment, is the only publicly-traded exclusive publisher of Christian video game software. They produce quality interactive entertainment products that perpetuate positive values and appeal to faith-based and mainstream audiences. For more information, go to .
LB GAMES, LEFT BEHIND 3: RISE OF THE ANTICHRIST, CHARLIE CHURCH MOUSE, PRAISE CHAMPION and KEYS OF THE KINGDOM are trademarks of Left Behind Games Inc. in the U.S. and other countries. All rights reserved.
LEFT BEHIND is a registered trademark of Tyndale House Publishers, Inc. in the U.S. and other countries. All rights reserved.
All other trademarks are the property of their respective holders. All rights reserved.
Caution Concerning Forward-Looking Statements
This release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or expectations of Left Behind Games. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that results may differ materially from such statements.
SOURCE: Left Behind Games Inc.
Inspired Media Entertainment MEDIA CONTACT: Angela Dalmas (916) 990-3447 direct angela@inspiredmedia.com or INVESTOR RELATIONS CONTACT: Norma Mortensen (951) 894-6597 ext 334 norma@inspiredmedia.com
Copyright Business Wire 2010
"When the government fears the people there is liberty;
when the people fear the government there is tyranny."
TJ
