Freeze Tag Acquires Cross-Platform Technology Framework, Announces Stock Trading on OTCBB
23 June 2011 - 10:17PM
Business Wire
Freeze Tag (OTCBB: FRZT), a leading creator of family-friendly
video games, has acquired the rights to a technology framework that
enables the Company to rapidly port PC/Mac games to iOS and Android
platforms, thus reducing development costs and time-to-market for
the smartphone and media tablet markets.
“This framework allows us to develop once on the PC,” said Craig
Holland, CEO of Freeze Tag. “Then from the same code base, we can
create iOS and Android versions of our games and tap into these
high growth markets.”
Smartphone and media tablet sales continue to increase as
consumers snap up iPhones, iPads and Android devices. According to
research firm Gartner, sales of media tablets that operate on the
iOS (Apple) and Android (Google) operating systems will grow from
17 million units in 2010 to over 251 million units in 2015. A
recent study released by Google’s AdMob found that “gaming” was the
number one activity on media tablets, with 84% of the tablet owners
polled indicating they used their device for playing games.
“With brilliant color displays and interactive touch screens,”
said Holland, “smartphones and media tablets are ideal gaming
devices.”
Freeze Tag also announced the trading of its stock on the OTCBB.
The company’s symbol is FRZT.
About Freeze Tag, Inc.
Freeze Tag is a leading creator of casual or “family” games.
Freeze Tag’s “family friendly fun” games have been downloaded
millions of times on mobile devices (iPhone/iPad, tablets), and
PC/Mac computers. For more information, visit the Freeze Tag
website at www.freezetag.com. Freeze Tag, Inc. common stock is
quoted on the OTCBB under the symbol “FRZT.”
Safe Harbor Notice
Certain statements contained herein are “forward-looking
statements” (as defined in the Private Securities Litigation Reform
Act of 1995). Freeze Tag, Inc. 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. Freeze Tag, Inc. undertakes
no obligation to revise these statements following the date of this
news release.
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