MURRIETA, Calif., Nov. 2, 2009 (GLOBE NEWSWIRE) -- Left Behind Games Inc. (OTCBB:LFBG), dba Inspired Media Entertainment, a leading publisher of Christian video games, announced that it has entered into an agreement with Lenox Hill Partners of New York to assist in identifying 12 potential acquisition candidates in the next six months.
Troy Lyndon, CEO, says, "Although we are pursuing our own internal growth, we are also seeking to expand the business through strategic acquisitions. Of the 12 acquisition candidates, it is our hope to find at least one that will align with our goals and enhance our profitability. Specifically, we are looking for other Christian media or family-friendly businesses. Interested parties may contact us through our Investor Relations web page at www.inspiredmedia.com."
Christian products have gained popular acceptance in the music and book sections of retailers over recent years. The newest Left Behind and Charlie Church Mouse PC video games as well as Keys of the Kingdom are the three titles being piloted in approximately 100 Texas Walmart stores for determining customer interest. Consumers interested in finding the nearest Walmart carrying the games can go to www.inspiredmedia.com/walmart.
For many years, Walmart has sold gospel music and both fictional and non-fictional Christian books, including the well-known Left Behind book series which has sold more than 65 million copies. Yet, there are few, if any, moral or Bible-based video game choices for youth and adults alike.
The demographics in Texas make it an ideal testing ground for Left Behind PC Games where there are over 23,000 churches(1). Texas ranks first in the nation in the number of Evangelical Protestants (over 5 million), second in number of Mainline Protestants (over 1.7 million) and third in number of Catholics(2). There are almost 25 million residents in Texas(3), and Christians represent the greater portion of the 49% who claim that they attend church or synagogue once a week(4).
In an effort to promote the new arrival of the games at Walmart, Inspired Media has sent out letters of appeal to thousands of Texas-based church pastors and will continue to do so over a 10 week campaign through Christmas, which began October 19th.
Inspired Media Entertainment currently publishes six games including Tribulation Forces, the sequel to the original game LEFT BEHIND: Eternal Forces, known as the most widely distributed Christian PC game in history. The Company's LEFT BEHIND branded games are based upon the popular novel series by Tim LaHaye and Jerry Jenkins which have sold millions of books in 30 languages worldwide. Inspired Media also offers three games for ages two to eight under the Charlie Church Mouse brand, in addition to Keys of the Kingdom for all ages.
(1) As listed in online yellowpages.com.
(2) From a 2006 Gallup survey reported in wikipedia.org/wiki/Religion_in_the_United_States
(3) According to Texas Dept. of state health services, it (the 2009 population) is 24,873,773. See wiki.answers.com/Q/What_is_the_population_of_Texas_in_2009Wikipedia.com.
(4) As found online at www.texasalmanac.com/religion/
About Left Behind Games Inc.
Left Behind Games Inc., also known as Inspired Media Entertainment (www.inspiredmedia.com), has become one of the world's leading independent developers and publishers of quality interactive entertainment products that perpetuate positive values and appeal to mainstream and faith-based audiences. For samples for your church or school, you can go to www.inspiredmedia.com.
Cautionary Note Regarding Forward-Looking Statements
The statements contained herein which are not historical facts are considered forward-looking statements under federal securities laws and may be identified by words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "potential," "predicts," "projects," "seeks," "will," or words of similar meaning and include, but are not limited to, statements regarding the outlook for the Company's future business and financial performance. Such forward-looking statements are based on the current beliefs of our management as well as assumptions made by and information currently available to them, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may vary materially from these forward-looking statements based on a variety of risks and uncertainties including: our dependence on key management and product development personnel, and our ability to develop other profitable titles for current generation platforms, the timely release and significant market acceptance of our games, the ability to maintain acceptable pricing levels on our games, our reliance on a primary distribution service provider for a significant portion of our products, and our ability to raise capital if needed. Other important factors and information are contained in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2009, in the section entitled "Risk Factors," and the Company's other periodic filings with the SEC, which can be accessed via a link from www.inspiredmedia.com on our Investor Relations page. All forward-looking statements are qualified by these cautionary statements and apply only as of the date they are made. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.