Freeze Tag CEO Updates Shareholders On The Mobile Game Company’s Progress
TUSTIN, CA · 14 November 2012
TUSTIN, CA, (November 14, 2012) – Craig Holland, CEO of Freeze Tag (OTCQB: FRZT), a developer of family friendly games for tablets and smartphones, updated shareholders today on the mobile game company’s progress in reaching its corporate objectives. The CEO made the following statements:
1. We extend a warm welcome to those shareholders who have recently joined us, and thank you for your interest in our company.
2. We’ve received several requests for more information about our upcoming titles, strategic relationships, and other initiatives. To those who have made these inquiries, please stay tuned. We will soon have more exciting news about upcoming titles and publishing partners.
3. One of our strategic partners, GREE, recently announced that Freeze Tag had entered into an agreement with GREE to publish one of our new free-to-play games, Party Animals™ in the coming months. We are making great progress on Party Animals™ and believe it will be a big success on the GREE platform. Party Animals™ is a game that appeals to kids of all ages, like all of our family friendly, casual games.
4. In the last year, free-to-play games with in-app purchases have dominated the “top grossing” charts in both the iOS and Android mobile app stores, comprising as much as 70% of the charts of the highest earning titles. Freeze Tag has successfully transitioned its entire production team to design and produce free-to-play games. However, our new free-to-play titles, Party Animals™ and The Grimm Reaper™: Hidden Tales have not yet launched. As such, the potential revenue from these games has not yet factored into our financial statements.
About Freeze Tag, Inc.
Freeze Tag, Inc. is a leading creator of mobile location-based games for consumers and businesses. Our portfolio of location-based games combines real-world exploration with interactive technology, creating experiences that bring people together to play, discover, and engage with the world around them. Our flagship game Munzee is a fantasy adventure that transforms the real world into a realm of exploration, with more than 16 million locations worldwide where players can discover magical game pieces, encounter mythical creatures, earn rewards, and connect with a global community. Eventzee is a customizable mobile scavenger hunt platform that helps businesses and organizations create branded virtual, in-person, and hybrid experiences for team building, tourism, conferences, downtowns, and more, with 10 challenge types and app customization options. Additional titles in the Freeze Tag portfolio include WallaBee, a global collecting adventure with thousands of illustrated digital items to discover; Painted Rocks, an app for tracking and sharing painted rocks and messages of kindness; and SkyDrift, a peaceful experience that combines live weather data with digital balloons to create journeys across the real world. For more information about Freeze Tag, go to: https://www.freezetag.com.
Forward-looking statements
This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections and reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, our ability to market our games, and our ability to implement new changes and release them. We undertake no obligation to revise or update any forward-looking statement for any reason.
Contact
press@freezetag.com
Originally published at freezetag.com/ceo-update-nov-14-2012