HONG KONG, Sept. 12, 2006 (PRIMEZONE) -- Hong Kong based Artificial Life, Inc. (OTCBB:ALIF), a leading provider of award winning mobile technology and applications, today announced it has signed a contract with Greystripe, a leading mobile in-game advertising company, to provide non-intrusive advertisement in Artificial Life mobile games in selected regions.
The advertisement embedded mobile games are offered via Greystripe's portal www.gamejump.com for free to the end user. Free trial versions of games sponsored by advertisement will also be offered on Artificial Life's m-commerce portal www.botme.com.
"We are excited to now be a part of the booming mobile advertising industry, which opens up an additional revenue stream for us. The advertisement budget allows us to offer our games at a competitive price or even for free to our end users, benefiting customers without sacrificing their gaming experiences," said Eberhard Schoeneburg, CEO of Artificial Life, Inc.
About Greystripe
Greystripe, Inc. is the first ad-supported mobile game and application distributor that enables publishers to increase revenue and advertisers to engage mobile audiences while offering free ad-supported mobile content to consumers. Greystripe reaches mobile game players through GameJump.com and mobile web (http://gjmp.tw). Greystripe serves ads into 120 game titles from 18 publishers supporting 800 handset models. For more information, visit http://www.greystripe.com; http://www.gamejump.com.
About Artificial Life
Artificial Life, Inc. (OTCBB:ALIF) is a public U.S. corporation headquartered in Hong Kong and a leading global provider of award winning mobile technology, content, games and applications (for more details see also: http://www.artificial-life.com; http://www.v-girl.com; http://www.virtual-boys.com; http://www.v-disco.com; http://www.v-penguins.com; http://www.botme.com; http://www.toonmates.com/).
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Artificial Life, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the "Risk Factors" described in the Company's Annual Report or Forms 10-K, 10-K(SB) or 10-Q(SB) for the recent fiscal years. All information set forth in this press release is as of September 12, 2006 and Artificial Life, Inc. undertakes no duty to update this information unless required by law.