Science & Technology
Science and TechnologyScience and Technology 
Thu, January 15, 2009
Wed, January 14, 2009
Signature Devices, Inc.: Signature Devices 2008-2009 Overview and Strategy
REDWOOD CITY, CA--(Marketwire - January 14, 2009) - Signature Devices, Inc. (
For 2008 Graffiti Entertainment, Inc. shipped Mazes of Fate DS. Due to economic conditions and other factors, the initial ship quantity was better than our lowest conservative estimates, but did not reach our moderate estimate goals.
Graffiti Entertainment plans on shipping C.O.R.E., Air Conflicts: Aces of World War II, and Black Sigil: Blade of the Exiled in the 1st quarter of 2009. Graffiti Entertainment also plans on shipping Jakers! Let's Explore for PC and Wii™ and two Moomin titles for Nintendo DS™. Graffiti also has several other titles in development for various platforms that should ship in the 4th quarter of 2009.
"2008 turned out to be a very hard year for us, with the economic downturn, but we forged ahead and were able to complete three more games," stated Kenneth Hurley, CEO of Signature Devices, Inc. and Graffiti Entertainment, Inc. "We would like to have shipped them for the 2008 Christmas season, but several factors prevented us from doing so. With the amount of games that were being shipped for 2008 and the cutback in orders by retailers for smaller publishers, it made sense for us to ship these in the 1st quarter of 2009. I think gamers will be pleased with the quality of the games. We've taken a great deal of care to make these upcoming games a fantastic and fun experience."
About Signature Devices, Inc. and Graffiti Entertainment, Inc.:
Based in Redwood City, Calif., Signature Devices, Inc. creates, develops and manufactures advanced information technology, including computer systems, software and electronics products. One of the Company's premier technologies includes a blend of hardware and software for image generation technology used in video games and simulations. Signature Devices also owns Graffiti Entertainment, Inc. ([ www.graffitientertainment.com ]), a publisher of interactive entertainment software for advanced entertainment consoles.
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.