Far Vista Interactive Corporation Signs NDA with Giant Interactive Group in China

October 28, 2009 8:00 AM EDT

SAKATOON, Saskatchewan--(BUSINESS WIRE)-- Far Vista Interactive (OTCBB: FVSTA), a leading game company in Saskatchewan, today announced that Giant Interactive Group has signed a non-disclosure agreement and has begun play testing Far Vista Tournament: Run the Gauntlet at its Shanghai facilities.

Giant Interactive Group is looking for a First Person Shooter to round out its game portfolio. Far Vista Interactive is a maker of unique First Person Shooters. Far Vista Interactive hopes to enter further business relationships with Giant Interactive Group which could also include licensing Far Vista Tournament: Run the Gauntlet.

"Giant Interactive Group is a mature Chinese company that has a significant exposure in a niche market that fits beautifully with our needs," commented Bruce Hoggard, Senior Executive VP Marketing and International Development.

Giant Interactive Group (NYSE: GA) is a leading developer and operator of massively multiplayer online (MMO) games for the growing online gaming community in China. The company's high quality MMO game under a free-to-play model is tailored to China's core game audience between the ages of 18 and 40. The company currently trades on the New York Stock Exchange.

Far Vista Interactive Corporation (OTCBB: FVSTA) is a dynamic online entertainment company in Canada. The company plans to move from just offline PC games into the more unique and appealing online tournament version. This approach allows Far Vista Interactive Corporation to capture traditional game market sales while positioning it to reap the profits from online play as well. Far Vista Interactive Corporation's first tournament game to hit the market will be Far Vista Tournament: Run the Gauntlet. This genre changing game will be made available on the personal computer, XBOX360 and PS3. Far Vista Tournament: Run the Gauntlet innovation and uniqueness positions Far Vista Interactive Corporation to capitalize and reap the benefits of future explosive and staggering market growth.

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements in this announcement that are not historical facts represent only the Company's current expectations, assumptions, estimates and projections and are forward-looking statements. These forward-looking statements involve various risks and uncertainties. Important risks and uncertainties that could cause the Company's actual results to be materially different from expectations include but are not limited to the risks set forth in the Company's filings with the U.S. Securities and Exchange Commission, including the Company's annual report on Form 10-K. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

On behalf of the Board of Directors,

Richard Buckley

President & Director

Contact Tel: 306-230-3288

    Source: Far Vista Interactive

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