|By Marketwired .||
|May 7, 2014 07:00 AM EDT||
MINNEAPOLIS, MN -- (Marketwired) -- 05/07/14 -- Soul and Vibe Interactive Inc. (OTCQB: SOUL), "The Company," a video, mobile, and computer games publisher, announced today that Timeless Gems has surpassed 250,000 downloads on Facebook. 250,000 downloads is nearly triple the previously announced download rate for Timeless Gems on the social media platform.
Two weeks ago, the Company announced Timeless Gems had surpassed 90,000 Facebook downloads and had been inducted into Facebook's App Center. In addition, the Company noted Timeless Gems had been identified as "Top Ranked" and "Trending" in both the puzzle and games overall categories on Facebook. Cumulatively, Timeless Gems has surpassed 370,000 downloads across the Facebook, Apple iOS, and Android versions of the game. The cumulative download rate has more than doubled since the Company announced a download rate of over 180,000 on April 23, 2014.
Soul and Vibe launched Timeless Gems worldwide on Facebook in February 2014. In March 2014, the game launched worldwide on Apple's App Store and on Google Play for iOS and Android devices, respectively. In early April, the Company announced and launched the first Timeless Gems expansion book, Dracula. This week, the Company began to tease the forthcoming launch of a second Timeless Gems expansion book on the game's official Facebook app page, www.facebook.com/timelessgemsgame.
"We are very excited about the growth of Timeless Gems on Facebook," said Soul and Vibe's CEO and President Peter Anthony Chiodo. "It has been rewarding to see the members of our user base interact with one another and drive engagement with the game. Our conversion rate for monetized content continues to be strong and above the industry average. The growth of Timeless Gems on Facebook promotes organic download growth across the iOS and Android platform versions, which further strengthens the popularity of Timeless Gems within the gaming community."
Timeless Gems is a "match-3" game in the same popular genre as Candy Crush. In Timeless Gems, your favorite storybooks come to life in an innovative "match-3" puzzler that's wrapped in a board game. Timeless Gems creates an innovative play experience by combining highly popular "match-3" game play with board game elements. This combination lets players experience classic stories like Dracula, Alice's Adventures in Wonderland, and The Wonderful Wizard of Oz in a whole new way. Playing as core characters from the classic books in the Timeless Gems library, you'll meet a colorful cast of heroes and villains. Match gems, power up, and connect and play with your friends on Facebook. The game was developed by Telos Entertainment.
To view the official trailer for Timeless Gems, as well as the individual trailers for all "books" currently featured in the Timeless Gems library, visit the official Timeless Gems Facebook app page, www.facebook.com/timelessgemsgame. Additional information and updates can be found on the official Soul and Vibe website: http://www.soulandvibe.com and the game's official website, www.timelessgemsgame.com.
About Telos Entertainment Inc.
Telos Entertainment Inc. is a developer of multi-platform gaming products. Telos Specializes in the creation of unique, immersive gaming products for IOS/Android, Facebook and PC/Mac Download. Telos has extensive partnerships with companies such as Soul and Vibe, Recurrence, REGW and Slingo inc. Telos creates both original intellectual properties and works closely with clients such as Zynga, Play Mechanix, GTech, SciGames, A&E and National Geographic. www.telosentertainment.com
About Soul and Vibe Interactive Inc.
Soul and Vibe Interactive Inc. (also Soul & Vibe Interactive Inc. on www.sec.gov) is a publisher of games and games-related content for consoles, mobile devices, and personal computers addressing a $56 billion market projected to grow to $82 billion by 2015. The Company specializes in the creation of original intellectual properties and has extensive experience licensing world-renowned brands from influential companies. Soul and Vibe has a license agreement with General Mills, and game development and publishing agreements for the Xbox 360® video game and entertainment system, Windows 8, Windows Live, and Windows Phone from Microsoft, and the PlayStation® 3 computer entertainment system and PlayStation® Vita (PS Vita) from Sony. Through partnerships with technically sophisticated software developers located all over the world, Soul and Vibe transforms unique concepts into engaging, highly accessible, and affordable games and entertainment experiences. www.soulandvibe.com.
Safe Harbor Statement
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements, trends, analysis, and other information contained in this press release, including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," and other similar expressions of opinion, constitute forward-looking statements. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.
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