The Company announced that it has scheduled a series of new products for release, based on augmented reality (AR) technology. This technology allows the inclusion of realistic and interactive 2D or 3D animations and renderings as well as information to appear seamlessly in video footage or live video streams to enhance game play or user experience. Various supporting technologies will be leveraged in the creation of the AR application lineup including image recognition, face detection, and object tracking. By combining mobile device cameras with location information, map data, and compass readings, virtual items can become part of the real world view through devices with cameras.
The new product line will include new mobile games as well as new mobile business and lifestyle applications. The first products are scheduled to be released in Q1 2010.
Artificial Life will develop these new products in-house but will also co- operate with other third parties and major research institutions in this field. Some products will be jointly developed with major global brands.
"We are very excited about these new products and activities. Augmented reality is a very promising technology that allows completely new game concepts and business applications. An especially interesting aspect of this technology is that we can use our strong artificial intelligence background we have gathered over many years to our advantage here on many levels of the production process. Therefore, as is already the case in the mobile application and games field, we will strive to become one of the world leaders in augmented reality applications as well," said Eberhard Schoneburg, CEO of Artificial Life, Inc.
About Artificial Life, Inc.
Artificial Life, Inc. (OTC BB: ALIF) is a public U.S. corporation
headquartered in
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meaning of Section 27A of the Securities Act of 1933, as amended, and Section
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financial condition or business prospects may differ materially from those
expressed or implied in these forward looking statements for a variety of
reasons. Potential risks and uncertainties include, but are not limited to,
our ability to obtain additional funding to operate and grow our business; the
unproven potential of our mobile gaming business model; changing consumer
preferences and uncertainty of market acceptance of our products; timely
adoption and availability of 3G mobile technology; market acceptance for use
of mobile handheld devices to play the interactive games; unpredictable mobile
game development schedules; our reliance on a relatively small number of
brands; our ability to license brands from others; our dependence upon
resellers and telecommunication carriers and operators to distribute our
products; our ability to successfully develop, introduce, and sell new or
enhanced products in a timely manner; and the timing of new product
announcements or introductions by us or by our competitors. For additional
discussion of these risks and uncertainties and other factors, please see the
documents we file from time to time with the Securities and Exchange
Commission, including our Annual Report on Form 10-KSB filed on
Artificial Life IR Contact:
Celine Hadaya
Tel: +852-3102-2800
Email: ir@artificial-life.com
Artificial Life PR Contact:
Annie Lau
Tel: +852-3102-2800
Email: pr@artificial-life.com
SOURCE Artificial Life, Inc.

