TORONTO, July 3 /CNW/ - SilverBirch Studios, a member of the SilverBirch
Inc. (TSX-V: SVB) group of digital media companies, and G4Box today announced
further record sales for the Metin2 Online Multi-Player Game.
Metin2 (www.metin2.us) posted a new single week sales record of $48,800,
and over $8,600 for a single day's sales in the third quarter. This represents
a 53% increase over the previous quarter's highest one week sales of $32,000.
"Metin2 continues to perform as expected," said Wojtek Kawczynski, Senior
Vice President, SilverBirch Studios. "Based on this level of momentum, I
expect it will be a strong contributor to our 2009 revenues as well."
Metin2, a 3D fantasy game involving a medieval battle of empires, is a
leading title in the Massive Multiplayer Online Role-Playing Game ("MMORPG")
genre, one of the fastest-growing segments of the online game market. It is
part of a worldwide online game market that DFC Intelligence reports is
forecasted to grow from US$3.4 billion in 2005 to over US$13 billion in 2011,
55 percent of which will be derived from MMORPG games.
In other news, SilverBirch Inc. received TSX approval on June 30th to
issue 23,750 common shares, priced at $0.40 per share, to Red Dawg Holdings
Inc., in settlement of accounts payable, in accordance with a contractual
About SilverBirch Inc.
Toronto-based SilverBirch Inc. is a fully integrated developer, publisher
and distributor of high quality interactive media content and, through its
Jambo Mobile division, provides mobile marketing and direct-to-consumer mobile
content. In addition, the company is a multi-platform video game developer and
operates an MMORPG game called Metin 2 (see www.metin2.us). For more
information, please visit www.silverbirchstudios.com and www.jambomobile.com.
About G4BOX Inc.
G4BOX is a publisher and distributor of interactive entertainment media
in North America. The company offers a portfolio of diversified entertainment
content that is accessible via the internet. G4BOX Inc.'s vision is to become
a premier content provider in the explosive worldwide market where they are
concentrating creative and technical efforts on introducing new and exciting
MMORPG products from Asia to North America.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of the content of this news release. Forward-Looking Statements -
Certain information set forth in this news release, including management's
assessment of future plans, contain forward-looking statements that involve
substantial known and unknown risks and uncertainties. These forward-looking
statements are subject to numerous risks and uncertainties, certain of which
are beyond management's control, including the impact of general economic
conditions, industry conditions, and currency fluctuations. Readers are
cautioned that the assumptions used in the preparation of such information,
although considered reasonable at the time of preparation, may prove to be
imprecise and, as such, undue reliance should not be placed on forward-looking
For further information:
For further information: Derek van der Plaat, Chief Executive Officer,
SilverBirch Inc., Tel: (416) 621-6711 Ext 34, Email: email@example.com;
Wojtek Kawczynski, SVP, General Manager, SilverBirch Studios Inc., Tel: (416)
621-6711 Ext 36, firstname.lastname@example.org