Artificial Life Announces New Product Line with Augmented Reality
On 7:00 am EST, Friday November 13, 2009
LOS ANGELES and HONG KONG, Nov. 13 /PRNewswire-Asia/ -- Artificial Life, Inc. (OTC BB: ALIF - News) today announced a new line of mobile products using augmented reality technology.
The Company announced that it has scheduled a series of new products for release, based on augmented reality (AR) technology. This technology allows the inclusion of realistic and interactive 2D or 3D animations and renderings as well as information to appear seamlessly in video footage or live video streams to enhance game play or user experience. Various supporting technologies will be leveraged in the creation of the AR application lineup including image recognition, face detection, and object tracking. By combining mobile device cameras with location information, map data, and compass readings, virtual items can become part of the real world view through devices with cameras.
The new product line will include new mobile games as well as new mobile business and lifestyle applications. The first products are scheduled to be released in Q1 2010.
Artificial Life will develop these new products in-house but will also co- operate with other third parties and major research institutions in this field. Some products will be jointly developed with major global brands.
"We are very excited about these new products and activities. Augmented reality is a very promising technology that allows completely new game concepts and business applications. An especially interesting aspect of this technology is that we can use our strong artificial intelligence background we have gathered over many years to our advantage here on many levels of the production process. Therefore, as is already the case in the mobile application and games field, we will strive to become one of the world leaders in augmented reality applications as well," said Eberhard Schoneburg, CEO of Artificial Life, Inc.
About Artificial Life, Inc.
Artificial Life, Inc. (OTC BB: ALIF - News) is a public U.S. corporation headquartered in Los Angeles, with its production center in Hong Kong and additional offices in Berlin (EMEA headquarter) and Tokyo. As a leading, full- service provider of mobile broadband 3G technology, mobile participation TV, mobile gaming, and content and business applications, Artificial Life provides 2D and 3D multi- and single- player rich-media applications for 3G, 3.5G and 4G network-enabled mobile phones. Recognized internationally for outstanding content quality and technology, Artificial Life transcends traditional modes of mobile communications and interactive gaming. For more information, please visit artificial-life.com or the company's m-commerce portal at botme.com .
Forward-Looking Statements:
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, without limitation, statements regarding our future results of operations, financial condition and business prospects. In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "predict", "potential", "continue" or the negative of these terms or other comparable terminology. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them. These statements involve risks and uncertainties, and actual market trends or our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, our ability to obtain additional funding to operate and grow our business; the unproven potential of our mobile gaming business model; changing consumer preferences and uncertainty of market acceptance of our products; timely adoption and availability of 3G mobile technology; market acceptance for use of mobile handheld devices to play the interactive games; unpredictable mobile game development schedules; our reliance on a relatively small number of brands; our ability to license brands from others; our dependence upon resellers and telecommunication carriers and operators to distribute our products; our ability to successfully develop, introduce, and sell new or enhanced products in a timely manner; and the timing of new product announcements or introductions by us or by our competitors. For additional discussion of these risks and uncertainties and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including our Annual Report on Form 10-KSB filed on February 10, 2009. We assume no obligation to update any forward-looking statements, which apply only as of the date of this press release.
Artificial Life IR Contact:
Celine Hadaya
Tel: +852-3102-2800
Email: ir@artificial-life.com
Artificial Life PR Contact:
Annie Lau
Tel: +852-3102-2800
Email: pr@artificial-life.com |
