HUNT VALLEY, Md., June 28 /PRNewswire-FirstCall/ -- Game Trading Technologies, Inc. ("GTTI" or the "Company", OTC Bulletin Board: GMTD), a leading provider of comprehensive trading solutions for video game retailers, publishers, rental companies and consumers is pleased to announce that it has partnered with IndustryGamers.com to produce a "Pre-Owned Market" news and events channel for the rapidly expanding pre-owned video game software and hardware markets.
The Pre-Owned Market channel will be dedicated to providing the worldwide retail, financial and consumer markets with valuable content from not only GTTI, but also from industry analysts and participants regarding the expansion and development of the pre-owned video game markets. The Pre-Owned Market channel is located within the IndustryGamers web site at www.industrygamers.com.
James Brightman, Editor-in-Chief and Founder of IndustryGamers said: "The pre-owned market has become a huge sector within the video games business, much to the chagrin of some publishers who've launched online initiatives to combat the sale of used games. As the leading industry trade publication, IndustryGamers will continue to keep a close eye on the secondhand gaming market and its ramifications for all participants in the games ecosystem."
Todd Hays, CEO of Game Trading Technologies, Inc. stated: "We are looking forward to our relationship with IndustryGamers as the pre-owned markets are simmering with eager participants. This channel provides us with a tremendous platform to deliver valuable information and industry news to not only the retail and financial markets but also to consumers who are interested in learning more about the opportunities available to trade in their video game software and hardware for the new games and gadgets that they crave."
Considering the recent developments in the pre-owned video game markets, there exists enormous opportunities for GTTI to benefit as there is a critical need for valuation, trading and distribution services essential for the continued growth of this billion dollar industry.
About Game Trading Technologies, Inc.
Founded in 2003 and headquartered in Hunt Valley, MD, Game Trading Technologies, Inc. is a leading video game trading services provider focused on valuation, procurement, refurbishment, and redistribution of pre-owned video games. Game Trading Technologies, Inc. currently offers unique services, supported by innovative technologies to an array of national firms, allowing them to better serve customers who want to trade their games for store credit or purchase pre-owned games. The foundation of most of these relationships is Game Trading Technologies, Inc.'s proprietary game trading database, which updates values on more than 10,000 video games and consoles on a daily basis according to market conditions. Game Trading Technologies, Inc. shares are traded on the OTCBB under the symbol 'GMTD'. Additional information is available within Company's website at www.gtti.com or by calling (877) 631-GAME (4263).
About IndustryGamers, LLC
Founded in May 2009, IndustryGamers is the top resource for gaming professionals seeking comprehensive news, features, interviews and pertinent industry discussion about the burgeoning $45 billion global games industry. Its mission is to explore, analyze and inform you about all aspects of the business of games. IndustryGamers offers a free newsletter at www.industrygamers.com.
Forward Looking Statements
This news release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Game Trading Technologies' current expectations about its future results, performance, prospects and opportunities. Game Trading Technologies has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "hope," or similar expressions. These forward-looking statements are based on information currently available to Game Trading Technologies and are subject to a number of risks, uncertainties and other factors that could cause Game Trading Technologies' actual results, performance, prospects or opportunities during the remainder of 2010 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements. These risks are referenced in Game Trading Technologies' current report on Form 8-K, which may be found at www.sec.gov or as may be described from time to time in Game Trading Technologies' subsequent SEC filings.
For more information, contact:
Game Trading Technologies, Inc.
Contact: Jody Janson
Tel: (877) 631-GAME (4263)
SOURCE Game Trading Technologies, Inc.