KELOWNA, BC, May 7, 2013 /CNW/ - Appiphany Technologies Holdings Corp. ("Appiphany") (OTCBB: APHD) is pleased to announce that it has entered into an agreement with a
European based independent film production company to fund and produce
a series of cartoons based on Appiphany's MMA Animals TM. The initial agreement outlines the basis of the working relationship
between Appiphany and the independent film producer for financing the
projects and will lead into further agreements governing production and
distribution. The funding is going to be dependent on Appiphany
passing a due diligence process in order to receive HMRC tax credits.
These tax credits will provide the incentive needed to get the series
funded. The due diligence process is currently underway.
"Entering into this agreement is the first step in getting the MMA
Animals cartoon series produces and distributed" stated Jesse Keller,
President & CEO of Appiphany. "Once the MMA Animals cartoon series is
in the public domain it will create the brand awareness needed for our
planned spin-off projects like the downloadable app and the interactive
books" concluded Mr. Keller.
About Appiphany Technology Holdings Corp.
Appiphany Technologies commenced operations as a diversified technology
company in June of 2009. Appiphany Technologies Holdings Corp is a
fully reporting public company whose stock trades on the Over the Counter Bulletin Board under the
stock symbol "APHD". The scope of the business is based around the use of new technologies
in the consumer market. At the inception of the company the focus was
on third-party application development for the iPhone and iPod Touch
manufactured and marketed by Apple, Inc. This lead to endeavoring the
CG animation and gaming industries. Appiphany intends on diversifying
its involvement in the various industries where technologies blend with
entertainment. To date, Appiphany has designed and developed a variety
of applications that are currently available for purchase through
Apple, Inc. The evolution of the Company will be integrating
third-party accessories to function with applications in the toys to
life category. We aim to maximize user experience while exploring the
innovative technological possibilities of today. Currently our focus
is on developing a carton series and spin off products for our own
brand MMA Animals TM the first children's mixed marital arts brand. While building these new
products for MMA Animals we will uncover new proprietary processes that
will be developed and resold as services for businesses. In addition,
we are constantly evaluating the feasibility of providing additional
services including web development, interface design, hosting,
marketing, and new business consulting focused on technology
Appiphany is a Development Stage Company, as defined by Financial
Accounting Standards Board ("FASB") Accounting Standards Codification
("ASC") 915, Development Stage Entities, and has not yet generated
significant revenues from their intended business activities.
Except for the historical information contained herein, the matters
discussed in this press release are forward-looking statements. Actual
results may differ materially from those described in forward-looking
statements and are subject to risks and uncertainties. See Appiphany's
filings with the SEC which may identify specific factors that may cause
actual results or events to differ materially from those described in
the forward-looking statements.
SOURCE: Appiphany Technologies Holding Corp.
For further information:
For more information on Appiphany please call 250-864-5377 or visit http://appiphanytech.com/appiphany-technologies-holding-corp-aphd-company-overview.