29th Jun 2005 07:01
Bright Things plc29 June 2005 Bright Things PLC ("Bright Things" or the "Company") Acquisition of PushPlay Interactive LLC ("PushPlay") Bright Things are pleased to announce the acquisition of Push Play for acombination of cash, ordinary shares in the Company and options over ordinaryshares in the Company. Application will be made for the 415,800 new ordinaryshares issued pursuant to acquisition of PushPlay to be admitted to trading onAIM and trading is expected to commence on 5th July 2005. PushPlay is a US based company which was formed to design and licence a gamesconsole product, including methods capable of delivering interactive DVD contentthrough a remote device. The acquisition of PushPlay gives the Company a team which has its own strongrelationships in the US market. The directors believe that the IP owned byPushPlay has the potential to be useful for new product development, includingsecond iterations of Bubble. Furthermore, Push Play has identified othercommercial uses of the technology that may open new revenue streams to BrightThings. For further information please contact: Bright Things PLC 0870 351 7770Dominic Wheatley, CEOAdy Moores, CFOMatthew Tims, Publishing DirectorGiles Croot / Mark Antelme, Brunswick 020 7404 5959 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Tavistock