Signature Devices Provides Q4 and Full Year 2009 Unaudited Financials
12 Février 2010 - 7:00AM
Signature Devices, Inc. (Pink Sheets:SDVI)
(www.signaturedevices.com) and its subsidiary Graffiti
Entertainment, Inc. (www.GraffitiEntertainment.com) are today
providing Q4 and Full Year Unaudited Financials and an update to
its current business efforts.
Signature Devices, Inc. has posted unaudited financial
statements for the 4th Quarter and Full Year of
2009. The statements are available at
http://www.signaturedevices.com/content/view/64/112/
Currently, the company has released 6 games across 10 SKUS that
include Bilingual (English and French) and Trilingual (English,
French, Spanish) in 2009. Several of the titles were pushed
back to 1st Quarter 2010 and should be releasing
soon. The company has also signed on for the Pinksheets.com
news service and will be posting all financials through the
service.
"We wanted to give our investors an update on our financials
through Q4 2009 and an update for Q1 2010," stated Kenneth Hurley,
CEO of Signature Devices, Inc. and Graffiti Entertainment, Inc. "We
continue to grow our business each quarter and reached gross
revenues for 2009 of a little over 1.5 million and net revenues of
about 270k. These figures are based on unaudited financials
and exclude stock based compensation and stock based
expenses. We have a great lineup for 2010 that should
allow us to continue to grow our revenues on a quarterly basis. We
also are growing our business in other areas. We are deep
in negotiations for several acquisitions using 'leveraged
buyouts' and should have some very big announcements in the coming
months."
The unaudited financials for 2009 are a step in the process for
the full two year audits that are necessary to uplist to the OTCBB
or another reporting exchange.
About Signature Devices, Inc. and Graffiti
Entertainment, Inc. :
Based in Redwood City, Calif., Signature Devices, Inc. creates,
develops and manufactures advanced information technology,
including computer systems, software and electronics products. One
of the Company's premier technologies includes a blend of hardware
and software for image generation technology used in video games
and simulations. Signature Devices also owns Graffiti
Entertainment, Inc. (www.graffitientertainment.com), a publisher of
interactive entertainment software for advanced entertainment
consoles.
The information in this press release includes certain
"forward-looking" statements within the meaning of the Safe Harbor
provisions of Federal Securities Laws. Investors are cautioned that
such statements are based upon assumptions that in the future may
prove not to have been accurate and are subject to significant
risks and uncertainties, including the future financial performance
of the Company. Although the Company believes that the expectations
reflected in its forward-looking statements are reasonable, it can
give no assurance that such expectations or any of its
forward-looking statements will prove to be correct. Readers are
cautioned not to place undue reliance on these forward-looking
statements that speak only as of the date of this release, and the
Company undertakes no obligation to update publicly any
forward-looking statements to reflect new information, events, or
circumstances after the date of this release except as required by
law.
CONTACT: Signature Devices, Inc.
Investor Relations Contact:
(650) 654-4800 x111
ir@signaturedevices.com
www.signaturedevices.com
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