| [December 21, 2004] |
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Galactic Gaming, Inc., Selects Additional Creative Production Team Member; Bruce Schoengood, Accomplished Creative Director/Entrepreneur, Joins Galactic
GREENSBORO, N.C. --(Business Wire)-- Dec. 21, 2004 -- Broadening its talent and resources for the development of reality/gaming productions, Galactic Gaming, Inc., (Pink Sheets:GMGX), is pleased to welcome Bruce Schoengood, President of magazine publishing house, Rainbow Design, Inc., to the Company's core production team. Schoengood will be responsible for Web development, on-line production design and various production design elements of the Company's new reality game show. He joins entertainment/media powerhouse, Eileen Koch & Company in the development of the Company's reality programming for television, film and various entertainment outlets.
"With our new reality/game show endeavor, Galactic is leading an entertainment industry charge and attracting some of the best talents in the industry," commented James D. McClay, president of Galactic Gaming. "Bruce has the design and leadership experience we need for our current production goals and we are happy to welcome him to the team."
In addition to having his work featured in numerous publications, Schoengood, a 24-year veteran of the publishing industry, has served as creative director, editor and designer in the launch of dozens of magazines, covering a wide array of genres and subjects. In 1994, Schoengood founded Blackout Comics, a successful independent comic publishing company that competed directly with Marvel, Image and DC Comics, while creating critically acclaimed titles, including sci-fi thrillers. During his tenure, the publishing company also expanded its product line to include the creation of interactive CD-ROMs, trading cards, action figures and other production-based merchandise. Schoengood's Rainbow Design has created advertising campaigns for a variety of industries and managed all aspects of art/television production, including advertising, marketing and public relations.
"I am thrilled to join the Galactic creative team," stated Schoengood. "This is an incredibly talented group being assembled and I look forward to working closely with all of them in driving this production forward."
About Galactic Gaming, Inc.
Galactic Gaming, Inc. is in the business of developing, producing, distributing and licensing reality-based television programming for distribution on cable TV and home video. For more information on the Company and investor relations, contact Barry Reagh toll-free at: 866-666-5172.
"Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future events or results. Galactic Gaming, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Some of the important risk factors that could cause actual results to differ from those contained in forward-looking statements, include, but are not limited to, risks associated with: (i) changes in general economic and business conditions (including reality cable TV, tournament poker programs and cable TV industry), (ii) actions of our competitors, (iii) the extent to which we are able to develop new cable TV programs and markets for our programs, (iv) risks in connection with acquisitions, (v) the time and expense involved in such development activities, (vi) the level of demand and market acceptance of our programs and (vii) changes in our business strategies.
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