REDWOOD CITY, Calif., Dec. 12 /PRNewswire-FirstCall/ -- Signature
Devices, Inc. (http://www.signaturedevices.com) (Pink Sheets: SDVI) and
their wholly-owned video game development and publishing subsidiary,
Graffiti Entertainment, LLC (http://www.GraffitiEntertainment.com)
announced today that they have signed an agreement with Navarre
Distribution Services, Inc. for the distribution of video games and PC
software.
Kenneth Hurley, Signature Devices' Chief Executive Officer stated, "We
are pleased that Navarre, a leading distributor of PC software, console
games and DVD movies has decided to move forward with us. Through our
partnership with Navarre, we expect that market visibility for products
will increase significantly as thousands of retailers throughout North
America will include our video games and PC software on their shelves and
e-commerce websites. The distribution agreement allows us to tap into
greater than 6,300 stores and over 100 million people per week that visit
these stores. This is great exposure for our products."
About Signature Devices, Inc.:
Based in Redwood City, Calif., Signature Devices, Inc.
(http://www.signaturedevices.com) (Pink Sheets: 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
(http://www.GraffitiEntertainment.com) a publisher of interactive
entertainment software for advanced entertainment consoles.
About Navarre Distribution Services
Navarre Distribution Services, Inc. is a wholly-owned subsidiary of
Navarre Corporation and is a distributor of home entertainment and
multimedia products, including PC software, DVD video, video games and
accessories. Navarre has established distribution relationships with
customers across a wide spectrum of retail channels which includes mass
merchants, discount retailers, wholesale clubs, office and electronic
superstores, military sales and e-tailers nationwide. Navarre was founded
in 1983 and is headquartered in New Hope, Minnesota. Additional information
is available at http://www.navarre.com.
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.
Graffiti Entertainment Signs Distribution Agreement With Navarre Distribution Services, Inc.
SOURCE Signature Devices, Inc.
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