True Games Interactive, a new global online game publisher
announced today that it has signed a deal with publisher-supported
secondary trading marketplace provider, Live Gamer. The two companies
will partner on the online game publishers upcoming products that
support real money trading (RMT), the first of which is scheduled to
launch in Q3 2008.
"It is our mission as a company to provide the highest quality
entertainment and we can only do that by associating with the highest
quality partners and trusting our games to them," said Jeff Lujan,
Chief Publishing Officer at True Games Interactive. "Our relationship
with Live Gamer represents one of many quality partners you can expect
to see aligned with True Games."
Live Gamer enables a complete marketplace solution for the
player-to-player trading of virtual items. Through its partnerships
with leading publishers and developers worldwide, players have a
convenient, secure, and reliable outlet to buy and sell virtual goods
and objects.
"True Games' experienced management team are among those leading the
way to create new and diversified business models in the online game
industry and deliver exciting new experiences for players," said
Andrew Schneider, co-founder and president of Live Gamer, Inc., "We
are thrilled to be working closely with True Games to conceptualize
and integrate a legitimate, safe and secure marketplace for Real Money
Trading from the earliest stages of product development."
True Games Interactive offers a unique approach and new business model
to developers and publishers within the free-to-play,
micro-transaction gaming segment and will focus on Western publishing
and development.
"We continue to be thrilled with the tremendous opportunities and
enthusiasm presented to True Games and look forward to working with
our selected partners like Live Gamer in the near future", said Bob
Drobish, Chief Operating Officer at True Games Interactive.
True Games Interactive is currently negotiating several product deals
and securing Series A funding. True Games is based in Orange County,
California and plans to launch its first title in 2008. For more
information about True Games Interactive visit the company's website
at www.truegamesinteractive.com.
About Live Gamer
Live Gamer is the leading provider for publisher-supported virtual item
trading. Live Gamer's Wall Street-developed platform combined with
Sony Online Entertainment's Station Exchange technology is trusted by
top publishers worldwide and offers a turnkey solution for MMOG and
virtual world operators to provide legitimate real money trading of
virtual assets within their titles or via the Web, facilitating a safe
and fair online environment for all participants. Based in New York,
NY, the company was founded by industry veterans and backed with $24
million in venture funding from Charles River Ventures, Kodiak Venture
Partners, and Pequot Ventures. (www.livegamer.com)
About True Games Interactive
True Games Interactive is an international multi-player online game
publisher. It was founded by a core team of MMO industry veterans with
extensive experience in publishing and operating online games. True
Games brings new and innovative development ideas online, delivers
them with a state-of-the-art game platform, and leverages
micro-transaction revenue models. They are working with world-class
publishers to license existing online titles and world-class
developers to create games exclusively for online play. The company is
based in Orange County, California and plans to release its first
title in Q3 of 2008.
©2008-05-12, IGN Entertainment, Inc. All Rights Reserved
12:00 am PDT May 12, 2008