Signature Devices Inc. (SDVI)

[super_penny]

Here is the news release .. - They have met the requirment for SEC to get uplisted.
it was already up 23 % today .. hope for good run and recover our losses ..

Signature Devices, Inc. Meets Filing Requirement With the SEC for Move to OTCBB and Reiterates Distribution Agreement to Include Placement Into Wal-Mart, Best Buy, Target and GameStop
07:00 a.m. 12/19/2007 Provided by


REDWOOD CITY, Calif., Dec 19, 2007 /PRNewswire-FirstCall via COMTEX/ -- Signature Devices, Inc. (Pink Sheets: SDVI) ( www.signaturedevices.com ), today announced that they will be filing the financial and operating results for FY 2005, FY 2006 and nine-months ended September 2007 with the Securities and Exchange Commission in the process of moving to the OTCBB.

Kenneth Hurley, Signature Devices Chief Executive Officer stated, "Over the last three years we have opportunistically invested in our sales and marketing initiatives to expand globally and are enthusiastic about our business strategy. Those investments are just now beginning to show results and we expect to see large financial contributions from those efforts in future quarters."

Mr. Hurley continued, "We are pleased to provide current and prospective shareholders with our corporate and financial information. The financials, including balance sheet, income statements, among other information for the nine months ended September 30, 2007 and annual numbers for 2006 and 2005 will be filed and available for review at the Securities and Exchange Commission's web site www.sec.gov** for the move to the OTCBB. We continue to work with our legal counsel and accountants with respect to becoming a fully reporting company and having our shares trade on the OTCBB."

"Our balance sheet remains strong with only $56K in debt and our goal in 2008 is to achieve greater profitability and grow gross revenues significantly. We will continue our aggressive sales and marketing efforts by seeking new publishing opportunities with our current and prospective business partners. We are also seeing unique opportunities within the gaming industry due to the recent consolidation. We will continue to explore merger and acquisition targets and collaboration agreements on a project-by-project basis," concluded Mr. Hurley.

2008 Initiatives Include: -- Recently, signed a distribution agreement with Navarre to distribute our game titles to Wal-Mart, Best Buy, Game Stop, and Target among others. -- Publishing 11 SKU's (Stock Keeping Units) for XBOX, Nintendo DS Titles, Sony Playstation Portable Titles, Nintendo Wii Title, TAS and 2 to 3 PC Titles. -- Launch PhatYaffle.com, a PC digital online distribution system. -- Project names for six new games -- "Artic Rush", "Starship Ranger", "Galactic Teddy 2", "Funny Chewer", "Blow Up" and "Quick Brick". -- Graffiti Entertainment, our wholly owned subsidiary, intends to expand its product offerings and partnerships by agreeing to publish video games based on films and documentaries. -- Agreement with Studio Archcraft to publish their title "Project Exile," a real time tactical combat Role Playing Game for the Nintendo DS. Our plans are to have the game on shelves in February of 2008. Project Exile will ship in two languages, English and French, with four more languages to follow: Spanish, German, Italian and Japanese.

** Audited Financials are also available online at http://www.signaturedevices.com in the Investor Relations section.

Revenues for the year ended December 31, 2005 were $1,024,984. Gross Profit for the year was $1,024,984. Operating income for the year, excluding stock based compensation expenses was $227,168.

Revenues for the year ended December 31, 2006 were $1,169,017 a 12.3% increase over 2005. Gross Profit for the year was $1,098,180. Operating income for the year, excluding stock based compensation expenses was $47,446.

Revenues for the nine months ended September 30, 2007 were $549,828. Gross Profit for the nine-month period was $478,998. Operating loss for the nine-month period, excluding stock based compensation was $292,645. Significant Revenues for the year are geared toward the 4th quarter as the gaming industry is cyclical and there should be significant increase in 2007 numbers. The loss is attributed to development costs for console video games scheduled to ship in 2008. Full year numbers for 2007 should be available just after the New Year.

About Signature Devices, Inc.:

Based in Redwood City, Calif., Signature Devices, Inc. ( www.signaturedevices.com OTC:SDVI.PK - News;) creates, develops and manufactures advanced information technology, including computer systems, software and electronics products. One of the company's premiere technologies includes a blend of hardware and software for Image generation technology used in video games and simulations. Signature Devices also owns Graffiti Entertainment, LLC ( www.GraffitiEntertainment.com ) a publisher of interactive entertainment software for advanced entertainment consoles.

Forward-Looking Statements:

The information in this press release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.

Contacts: Investors Relations [e-mail] 650-654-4800 ext 111 http://www.signaturedevices.com


http://www.signaturedevices.com