LONGUEUIL, QC, June 4 /CNW/ - D-BOX Technologies Inc. (TSX-V: DBO.A)
("D-BOX" or "the Company"), a leading provider of motion technology for
immersive home entertainment, today announced that Los-Angeles based software
developer Virtue Arts and video game developer VirtuePlay will add D-BOX's
motion technology in their new Moon Racing game: "The Lunar Racing
VirtuePlay's LRC is based on actual measurements of the moon surface
topology that was supplied by NASA. This partnership opens new markets for
D-BOX technologies especially for the sales of its Gaming Motion system to
museums, entertainment locations and educational centers.
"We are very proud to partner with Virtue Arts a leading software
developer and VirtuePlay, a leader in educational game development both work
closely with renowned organization such as NASA and HP", said Claude McMaster,
President and Chief Executive Officer of D-BOX Technologies.
"We believe that motion is one of the next waves in the gaming experience
and in this area, D-BOX is the leader" said Mary T Duda, President and CEO of
Virtue Arts/VirtuePlay. "The future of entertainment and education is
immersion within the experience. D-BOX's motion technology brings tremendous
power to the simulated experience. We foresee this capability being not only
valuable for our LRC game but also for educational simulations such as Pilot
training and Astronauts mission planning".
About Virtue Arts
Virtue Arts Inc. is the developer of Rapid Application Development
software which is used for Interactive Real-Time Virtual Simulation. The VA
system can be adapted to a wide range of projects including educational,
scientific, and entertainment.
VirtuePlay, Inc. is the developer of projects/content using Virtue Arts'
software system. One of the main focuses of VP is to produce positive video
games. VP is producing LRC as a PC and X-Box title. Working closely with NASA,
they are also creating a Space Exploration MMOG that will allow users to
explore the universe through their own simulated space ship.
Virtue Arts and VirtuePlay are based in Los Angeles, California.
D-BOX Technologies designs and manufactures high-technology motion
systems destined mainly for the entertainment industry. Its unique, patented
technology uses motion codes specifically programmed for each film, TV program
or video game, resulting in motion that is perfectly synchronized with
on-screen action. By forming strong industry alliances, D-BOX's award-winning
motion technology is creating a global standard in the entertainment world.
For more information, please visit www.d-box.com.
D-BOX(R) is a registered trademark and D-BOX MOTION CODE(TM) is a
trademark of D-Box Technologies Inc. Other names are for informational
purposes only and may be trademarks of their respective owners.
Certain statements included herein, including those that express
management's expectations or estimates of our future performance, constitute
"forward-looking statements" within the meaning of applicable securities laws.
Forward-looking statements are necessarily based upon a number of estimates
and assumptions that, while considered reasonable by management at this time,
are inherently subject to significant business, economic and competitive
uncertainties and contingencies. We caution that such forward-looking
statements involve known and unknown risks, uncertainties and other risks that
may cause our actual financial results, performance, or achievements to be
materially different from our estimated future results, performance or
achievements expressed or implied by those forward-looking statements.
Numerous factors could cause actual results to differ materially from those in
the forward-looking statements, including without limitation, our ability to
achieve increased market acceptance for our product offerings and penetrate
new markets; the existence of undetected errors or similar problems in our
products; our ability to manage our growth; our ability to compete
successfully; potential liabilities; maintaining our intellectual property
rights and litigation involving intellectual property rights; our dependence
on the expertise of our key personnel; and our access to sufficient capital to
fund our future requirements. This list is not exhaustive of the factors that
may affect any of our forward-looking statements. Investors are cautioned not
to put undue reliance on forward-looking statements. All subsequent written
and oral forward-looking statements attributable to D-BOX or persons acting on
our behalf are expressly qualified in their entirety by this notice. We
disclaim any intent or obligation to update publicly these forward-looking
statements, whether as a result of new information, future events or
otherwise. Risks and uncertainties about our business are more fully discussed
in our Annual Report.
The TSX Venture Exchange has neither approved nor disapproved the
contents of this press release
For further information:
For further information: Normand Chartrand, Chief Financial Officer,
D-BOX Technologies Inc., (450) 442-3003, ext. 230, firstname.lastname@example.org; Eric
Bouchard, The Equicom Group Inc., (514) 844-6054, email@example.com