BOCA RATON, Fla., Jan. 10, 2007 (PRIME NEWSWIRE) -- Software Publisher Strategy, First Inc., a wholly owned subsidiary of Silverstar Holdings, Ltd. (Nasdaq:SSTR), and Glyphic Entertainment announce the signing of "Warlords Nintendo DS" and the acceleration of development for the completion of "Disciples II DS."
"With this new agreement Strategy First becomes a multi platform company with quality titles not only for the PC market, but also for the wildly popular Nintendo DS platform. We have worked diligently to expand the company's business onto new platforms and it is now well positioned to see further growth in these areas. With DS versions of Disciples II and Warlords scheduled for release in the first half of this year and the DS version of Jagged Alliance 2 due for release shortly thereafter, we anticipate significant additional revenue to be generated from these new products," said Clive Kabatznik, CEO of Silverstar Holdings.
"We are confident that these products will be well received in Europe and internationally through Empire's well established distribution network. This is further evidence of the operational and marketing synergies we are working toward as we seek to build on the mutual strengths of both businesses," said Ian Higgins, CEO of Empire Interactive.
About Disciples II DS
Disciples DS is the much anticipated debut of the award winning Disciples Franchise on the Nintendo DS. With over two million copies of the Disciples franchises having been sold over the past ten years, Disciples DS is poised to meet strong market demand and become a name synonymous with great strategy/RPG action.
About Warlords DS
Warlords DS is an eight player turn-based game of conquest and empire. Different worlds provide a stage for the player to excel in combat. In the quest for final victory, gamers can assemble vast armies, conquer and loot mighty cities, undertake perilous quests, make and break alliances, and wield magical artifacts of great power. Although economics, diplomacy, and exploration weigh heavily in the outcome of each game, the primary emphasis is placed on combat.
About Silverstar Holdings
Silverstar Holdings Ltd. is a publicly traded company (Nasdaq:SSTR), focusing on acquiring controlling positions in high-growth retail-driven and fee-based electronic game businesses that stand to benefit from the economies of scale generated by the Internet and other technology-related platforms. It currently owns Empire Interactive, PLC and Strategy First, Inc. as well as a stake in Magnolia Broadband. Empire Interactive, PLC is a leading developer and publisher of interactive entertainment software games such as Starsky & Hutch, Big Mutha Truckers, Ford Racing and Flat Out. Empire's products are delivered on both console and PC platforms. Strategy First, Inc. is a leading developer and worldwide publisher of entertainment software for the PC. Magnolia Broadband is a fabless semiconductor company and innovator of radio frequency (RF) solutions for the cellular industry.
About Strategy First, Inc.
Strategy First, Inc., a wholly owned subsidiary of Silverstar Holdings (Nasdaq:SSTR), is a leading developer and worldwide publisher of entertainment software for the PC. Founded in 1990, the Company is well known for its proprietary groundbreaking titles, such as the award winning Disciples, Jagged Alliance and Space Empires series of games, which are under continuing development. Simultaneously, Strategy First continues to publish many of the industry's major titles, winning numerous awards for games such as "Hearts of Iron" and "Galactic Civilizations." Recent offerings include top releases such as "S.C.S. -- Dangerous Waters(tm)" and "Space Empires V." The Company provides a unique alternative for independent developers seeking to market their games to a worldwide audience: www.strategyfirst.com.
About Glyphic Entertainment
Founded in 2002, Glyphic Entertainment is a privately owned, premier developer and publisher of innovative entertainment products for the Nintendo DS, consumer PC and various mobile technologies, including Windows Powered Pocket PC and Smartphone devices. Formerly doing business as Pocket PC Studios, Glyphic Entertainment's catalog includes several famous entertainment brands, including Warlords, Disciples and Ancient Evil. Glyphic Entertainment continues to offer its Windows Powered Pocket PC and Smartphone consumer software via the Pocket PC Studios brand at www.ppcstudios.com. Visit www.glyphicent.com for more information.
The statements which are not historical facts contained in this press release are forward looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission.
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