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Majesco Entertainment Announces Launch of New Title: Glue

March 22, 2016 8:01 AM EDT

SOUTH PLAINFIELD, NJ -- (Marketwired) -- 03/22/16 -- Majesco Entertainment Company (NASDAQ: COOL) (the "Company"), an innovative provider of downloadable games for the mass market, announced today the development launch of a new title, Glue, for the PC. Glue is a first-person puzzle-platform game with a cutting edge ragdoll physics engine. You will use your Glue gun to maneuver and manipulate objects to get from level to level. The Company expects to release the game in time for Summer 2016. Dinosaur Games will finish development.

Barry Honig, Co-Chairman and Chief Executive Officer, commented: "We are excited about launching Glue for the PC. The company has spent significant time developing the game and we believe it will be a great success in the market."

Stay tuned for more details in the coming months.

About Majesco Entertainment Company Majesco Entertainment Company is an innovative developer, marketer, publisher and distributor of interactive entertainment for consumers around the world. Building on more than 25 years of operating history, Majesco develops and publishes a wide range of video games on digital networks through its Midnight City label. Majesco is headquartered in Plainfield, New Jersey, and its shares are traded on The Nasdaq Capital Market under the symbol: COOL. More info can be found online at majescoent.com or on Twitter at twitter.com/majesco.

About Dinosaur Games Dinosaur Games is an Austin, Texas based indie video game developer that is passionate about creating addictive, fun and intuitive video games that can be played on a variety of gaming platforms, including console, PC and VR. The company's founders have worked on over 15 published games spanning multiple platforms including console, mobile, PC and VR.

Forward-Looking Statements

Certain statements contained in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward looking statements contained in this release relate to, among other things, the Company's ongoing compliance with the requirements of The NASDAQ Stock Market. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should'" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports filed with the SEC (copies of which may be obtained at www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

Source: Majesco Entertainment



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