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TLPC Telpac Industries Inc (GM)

0.00001
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Telpac Industries Inc (GM) USOTC:TLPC OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00001 0.00001 0.00001 0.00 01:00:00

Telpac Industries, Inc. Enters Into an Agreement to Act as a Master Distributor for Independent Social Game Programmers

17/12/2012 10:24pm

GlobeNewswire Inc.


Telpac Industries (GM) (USOTC:TLPC)
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Telpac Industries, Inc. (OTC:TLPC) today announced that it has entered into an agreement to act as a master distributor for independent social game programmers. Telpac Industries, Inc. will act as a facilitator for the marketing, distribution, and funding of social games on the Apple App Store for iOS and the Google Android platforms. This opportunity will allow programmers to access development and marketing expertise to help bring their social games to the marketplace. Telpac will participate in the revenue generated by the product placement.

David Teuma, CEO of Telpac Industries, states, "This comprehensive program forms a unique partnership between programmers and Telpac Industries, Inc. enabling the company to accelerate its position in the marketplace by teaming up with independent creative game developers to facilitate product to market in a faster capacity. Currently, the company is engaged in its own development of social games, and we anticipate launching up to twenty games in 2013 through this new arrangement." In addition, Telpac Industries, Inc is currently in negotiations with mass marketed licensed character companies to develop games for their trademarked product lines.

There are multiple methods of monetizing social games in the marketplace. We anticipate utilizing all marketing methods with advertising driven revenue campaigns that includes the free-to-play model consisting of microtransaction, freemium, and virtual economy components. Through our efforts, Telpac Industries, Inc plans on securing active users in the tens of millions.

ABOUT TELPAC INDUSTRIES, INC. (TLPC)

Telpac Industries, Inc. is an innovative global provider of mobile payment and electronic commerce products and services.  Telpac is a fast growing global mobile media company, with a full focus on targeted social networks. Telpac has developed a vertically integrated service offering targeted mobile social networks, mobile content, entertainment and social mobile games, mobile micro payments, and advanced mobile technology platforms.  For more information go to: www.telpacindustriesinc.com.

The Telpac Industries Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=16325

Forward-looking Statements

This press release contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable laws, including the securities laws of the United States, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results.

CONTACT: David Teuma
         email: d.teuma@att.net

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1 Year Telpac Industries (GM) Chart

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