Joytoto USA, Inc. (JYTO.OB) Announces Its First Downloadable Online Game for US Distribution
Posted on Wednesday, June 4th, 2008 | In Current Market News, OTCBB Markets, Small & Micro Cap, Stocks to WatchJoytoto USA, Inc. has announced that it will release its first downloadable online game in the United States, “Pang Pang Terrible”, through its US web distribution portal http://www.playolive.com, sometime during the third quarter of 2008. Joytoto USA’s CEO, Michael Cho, says “We are very excited about our first downloadable online game release, as it demonstrates our commitment to the US online gaming market and the growing demand of the US consumer. The company continues to commit a substantial amount of time and resources to the US online gaming market”.
“Pang Pang Terrible” is an FPS (first-person shooter) game, where players view the game from the shooter’s perspective. The game is considered a “next generation” FPS game, in that users can create their own unique characters by selecting different attributes from a diverse showroom of choices. To see a movie of “Pang Pang Terrible”, users can go to Joytoto USA’s website and view a demo, at http://www.joytotousa.com/games/vod.jump?vod_no=001 .
Joytoto USA, Inc.’s two business segments are electronic products and components, and online games. The electronic products and components business is that of a virtual, original equipment manufacturer (OEM) and original design manufacturer (ODM) of consumer electronics for retailers throughout the world. Joytoto USA’s online game business segment operates online games in North America pursuant to an Exclusive North American Master License Agreement with Joyon Entertainment Co., Ltd. (”Joyon Korea”). The Master License Agreement gives Joytoto USA’s wholly-owned subsidiary access to Joyon Korea’s library of successful online games currently operating in the Asian markets which have generated more than $100,000,000 in the Asian markets.
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