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Signature Devices Provides Q3 Unaudited Financials
REDWOOD CITY, Calif., Dec. 8 /PRNewswire-FirstCall/ -- Signature Devices, Inc. (Pink Sheets: SDVI) (www.signaturedevices.com) and its subsidiary Graffiti Entertainment, Inc. (www.GraffitiEntertainment.com) are today providing Q3 Unaudited Financials and an update to its current business efforts.
Signature Devices, Inc. has posted unaudited financial statements for the 3rd Quarter of 2009. The statements are available at http://www.signaturedevices.com/content/view/64/112/.
Currently the company has released 4 games in 2009 and is set to release Reader Rabbit Kindergarten on or before December 15, 2009. We have also signed agreements for an additional six titles that were slated for 2009. The titles were pushed back to 1st Quarter 2010 either at the request of retailers or a business decision based on factors such as shelf space and cost of goods with too many products out at once. The company has also signed on for the Pinksheets.com news service and will be posting all financials through the service.
"We wanted to give our investors an update on our financials through Q3 and our status for Q4," stated Kenneth Hurley, CEO of Signature Devices, Inc. and Graffiti Entertainment, Inc. "Once we complete Q4 2009, we plan on starting the audit process in order to uplist to the OTCBB or another reporting exchange. The games have been shipping and the business is reaching a point that we feel comfortable moving forward with becoming a fully reporting company. In the mean time, we are starting to release our financials both on our website and through the pinksheets.com news service for investors."
About Signature Devices, Inc. and Graffiti Entertainment, Inc.:
Based in Redwood City, Calif., Signature Devices, Inc. creates, develops and manufactures advanced information technology, including computer systems, software and electronics products. One of the Company's premier technologies includes a blend of hardware and software for image generation technology used in video games and simulations. Signature Devices also owns Graffiti Entertainment, Inc., (www.graffitientertainment.com), a publisher of interactive entertainment software for advanced entertainment consoles.
The information in this press release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.
Investor Relations Contact: (650) 654-4800 x111 ir@signaturedevices.com www.signaturedevices.com
SOURCE Signature Devices, Inc.
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