| [February 15, 2012] |
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OBJE Enters the Multi-billion Dollar Interactive Gaming Industry
SARASOTA, Fla. --(Business Wire)--
Obscene Interactive, the online media and entertainment division of
Obscene Jeans Corp. (OTCBB: OBJE), announced today that it will pursue
new opportunities in the hottest new digital segment: social and
interactive gaming.
Digital and interactive gaming is a booming industry that has been
further accelerated with the explosive growth of mobile devices. OBJE's
new business model is designed to capture this tremendous growth within
the U.S. and quickly expand to international markets with a focus on
Asia.
The number of U.S. gamers alone has increased 241 percent from 2008 to
2011, according to a recent report on digital gaming trends from Parks
Associates. Industry analysts Business Insights forecast that the global
social gaming market will reach an incredible $4 billion in value by
2014. Much of that growth will come from China as more and more Chinese
consumers purchase smartphones, tablets and other devices optimized for
online interactive gaming.
Obscene Interactive has identified both companies and developers with
existing and planned games that engage gamers and leverage the success
of industry leaders such as Zynga, CrowdStar and Playdom (News - Alert). The company's
goal is to work with developers to create games with infinite replay
value that can be enjoyed across multiple platforms.
OBJE is currently exploring the synergies between planned acquisition
targes as well as the potential to contract additional developers. As
it conducts due diligence in the coming weeks, the company plans to
announce new acquisition, joint venture and hiring opportunities that
will help OBJE rise to the top in the social and online gaming sphere.
To keep tabs on this evolution in business focus, please visit www.obsceneinteractive.com/investors.
Obscene Interactive is a division of Obscene Jeans Corp. that is working
to develop innovative products to service the fast-growing social gaming
sector alongside companies such as Zynga Inc., Glu Mobile (News - Alert) Inc. (NASDAQ:
GLUU), The9 Limited (NASDAQ: NCTY) and Majesco Entertainment Co.
(NASDAQ: COOL)
About Obscene Interactive
Obscene Interactive (OTCBB: OBJE) is an emerging global developer of
social gaming applications. OBJE's cutting-edge technology platform
enables its titles to be accessible to a broad audience of consumers all
over the world, supporting multiple platforms for universal appeal.
Obscene Interactive is focused on delivering the best in social gaming
solutions to the mass market. For investment information and performance
data, please visit www.ObsceneInteractive.com/investors.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995: This news release contains forward-looking information 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,
including statements that include the words "believes," "expects,"
"anticipate" or similar expressions. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors that
may cause the actual results, performance or achievements of the company
to differ materially from those expressed or implied by such
forward-looking statements. In addition, description of anyone's past
success, either financial or strategic, is no guarantee of future
success. This news release speaks as of the date first set forth above
and the company assumes no responsibility to update the information
included herein for events occurring after the date hereof.

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