MINNEAPOLIS, July 27, 2016 /PRNewswire/ -- Soul and Vibe Interactive Inc. (OTC: SOUL), "The Company," a publisher of games, music, and interactive books for digital devices, announced today it has signed a Letter of Intent ("LOI") with California-based game development studio Human Soft Inc. ("Human Soft"), to publish two Virtual Reality ("VR") games.
"Casino Palace" is being developed for both VR and non-VR devices. Supported VR devices include HTC Vive, Samsung Gear VR, Oculus Rift, and Google Cardboard. Supported non-VR devices include iOS (iPhone, iPad, and iPod Touch) and Android. Casino Palace supports social interaction between players and real-money + Bitcoin transactions.
"Boxie" is being developed for VR devices and supports cross-connectivity with VR and non-VR "Companion Apps." Supported VR devices include PlayStation VR, HTC Vive, and Oculus Rift. The Companion Apps provide a mix of highly interactive and fully immersive spectator experiences and unlock unique content in the Boxie game. Boxie also supports social interaction and sharing between players.
"The VR market is another means through which the Company can generate a 'recurring release calendar' and further expand operations," said Soul and Vibe's CEO and President, Peter Anthony ("Tony") Chiodo. "The VR platform will help further transition Soul and Vibe into a very robust content company with a cross section of highly valuable IP."
"We are very excited to have partnered with 'Soul and Vibe' to publish Casino Palace and Boxie," said Gabor Kadas, Human Soft Inc.'s President and CEO. "We believe there is great potential in partnering with Soul and Vibe as the synergy created by this publishing agreement will benefit both companies long term."
About Soul and Vibe Interactive Inc.
Soul and Vibe Interactive Inc. (Soul & Vibe Interactive Inc. on www.sec.gov) is a publisher of games, music, and interactive books for digital devices addressing a market projected to grow to $100 billion by year-end 2018. The Company specializes in the creation of original IP and has extensive experience licensing world-renowned brands from influential companies. Soul and Vibe has a license agreement with Deere & Company, and game development and publishing agreements for the Xbox 360® video game and entertainment system, Windows 8, Windows Live, and Windows Phone from Microsoft, the PlayStation® 3 computer entertainment system and PlayStation® Vita (PS Vita) from Sony, and the Nintendo 3DS™ system and the Wii U™ system from Nintendo. Through partnerships with technically sophisticated software developers located all over the world, Soul and Vibe transforms unique concepts into engaging, highly accessible, and affordable games and entertainment experiences. www.soulandvibe.com.
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About Human Soft Inc.
Human Soft develops top-notch titles for iOS, Android, VR devices, consoles, and PC. The company was formed in 1994 and currently has 40 staff members. Human Soft, Inc, has developed 30+ console titles and 20+ mobile titles for various AAA publishers such as Activision, Disney, Mattel, Eidos.
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SOURCE Soul and Vibe Interactive Inc.