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Argus Worldwide Corp. (ARGW) RSS Feed

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News released After Hours 5/21/2015 @ 6:45 PM Eastern

VIDG Completes Definitive Co-Development Agreement With Platypi Games

logoish
BELLINGHAM, WA--(Marketwired - May 21, 2015) - VID3G INC. (OTC PINK: VIDG) VIDG (or the "Company") is pleased to announce an update to its entrance into the $30 billion mobile game space. The Company has completed its definitive co-development and marketing agreement with Platypi Games Inc., a Vancouver, Canada-based mobile games developer.
 
Under the arrangement, Platypi brings expertise and Intellectual Property in the form of current game titles and pre-production game titles. VIDG will provide development capital and access to China's vast mobile game market and additional technical expertise through Vid3G's network in China. Both entities will provide resources to market the games in Canada, the USA and eventually on a global basis.
The partnership will distribute initially in North America, but then expand to the Chinese mobile games market which is the largest market in terms of users, with almost 360 million mobile gamers in 2014.
Update on Platypi Games Inc. - To reflect its commitment to provide unique games and unique game experiences, the game company has begun to brand itself as Platypi Games with a new site to showcase its team, as well as current and future projects: http://www.platypi-games.com.
The initial launch title, Battle Cattle, is a physics based castle defense game inspired by such classics as Missile Defense and Angry Birds. Since our last press release, Battle Cattle has been re-imagined in the Unity 5 Development Platform Engine to take advantage of its massively enhanced graphics capabilities and its comprehensive multiplatform support.
In a previous press release, we announced that Platypi was developing an Arcade Style Unique Futuristic Space Shooter (inspired by the classic arcade space shooter genre) as its next title, however that has been moved back in place of a much more exciting game opportunity. Platypi is currently prototyping designs for a Massively Multiplayer Online Mobile Collectible Battle game. They believe this market has tremendous growth potential and greater longevity than typical mobile games.
Newzoo, a top market research firm, estimates that the global mobile game business is expected to surpass console games in revenue in 2015 hitting over $30 billion globally, up from $25 billion in 2014. According to a new report released by research firm eMarketer, US mobile game revenues alone will grow 16.5% to reach $3.04 billion in 2015. Revenue from traditional downloads, In-App purchases and Ad-Revenue is growing at a rate higher than any other facet of the mobile industry, including eBook sales and music sales.
Roy Bosa, CEO states "We are excited to delve into the mobile games market as it continues to grow rapidly. We believe we have secured the people necessary to creatively market and distribute our games in a capital efficient way, thus allocating more resources to new game development. By entering into this growing sector, we expect a successful future for the company, thus creating value for our shareholders."
About Vid3G Inc.
Vid3G Inc. is a company that specializes in identifying companies with significant growth potential and bringing together the resources needed to attain financial stability and growth for these entities. Our focus is on companies with identifiable upside potential from bringing new technologies and unique products to market. The Company acquired the right, title and interest to several Vid3G mobile application patents from Leexoo Technology Ltd/Vid3G LLC with which we are utilizing to develop the next generation social video sharing mobile application for Asia and North America. With this technology the 700 million Chinese mobile users will have the opportunity to video and video stream on their smart-phones at the highest quality since similar technology is not available in China.
Safe Harbor
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.The words or phrases "would be," "would allow," "intends to'" "will likely result," "are expected to," "will continue," "anticipate," "expect," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the company's historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
Consumer Discretionary
mobile game
Platypi
Contact:

Roy Bosa
(702) 347-4223
www.vid3g.com
      $VIDG       

www.vid3g.com

Welcome to Vid3G!
A simple way to capture, create and
share
mobile videos with friends.

Something bold.

We offer mobile application for user to record/edit, adding special effects through filters, then user will be able to share with their friend’s and families. When your friend is watching that video clip regardless of which device/platform, you will get instant notification alert on your mobile device. We can even smooth out the skin surface so you will look much better in the video clip. You can share video clip not only to single user, you can share to multiple users instantly (great for birthday party, wedding events etc.) though
our unique platform for Cloud service.
Video Filters
Revolutionary video recording app with live 20+ filter effects.
Location Based
LBS (Location-Based Service), lets your friends and family finds you.
 
Share Everywhere
Share video through SMS, Twitter, Sina weibo, and Tencent Weibo.

Something magical.

Anyone you wish to share, they don’t even need to have our mobile application installed, it will automatically just playback the video clip, on desktop and mobile devices. With touch screen and advance hardware from both Apple and other smart phone manufactures, we strongly believe it is to our advantage that small screen size will create massive video sharing needs, and allow mobile user to have great experience to share their videos on daily basis through explosive Social Network.

Mobile Video

Utilizing it’s core video search technology: Vid3G’s mission is to provide a simple 2-clicks solution for mobile user worldwide under their flagship product “Vid3G”; using smart phone app and web-based service available for the iOS and Android platforms to record and share their video.
 

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