Konami Digital Entertainment, Inc. Acquires Blue Label Interactive
FOR IMMEDIATE RELEASE
LOS ANGELES - June 22, 2006 - Game maker Konami
Digital Entertainment, Inc., a top-tier mobile content
provider, today announced that the company has entered into a
definitive agreement to acquire Blue Label Interactive (BLI).
Konami and BLI together plan to enter additional mobile
entertainment ventures beyond gaming.
Kazumi Kitaue, Chairman and CEO of Konami Digital
Entertainment, commented, "Given the exciting and rapid
transformation to 3G wireless transport systems and the
related advancements in wireless device computing power,
Konami is moving to the next level with the acquisition of
BLI. It is our vision that we will blend both online and
offline technology elements to creatively develop
entertainment and deploy into alternative distribution
channels."
"We anticipate that the merger of these two entities will
have a synergistic effect on our ability to drive multiple
streams of entertainment and infotainment through multiple
digital distribution channels. The acquisition of BLI, their
technology tools, and programming expertise will guarantee
that we remain at the forefront of mobile entertainment while
concurrently converging mobile, console, and online content
categories."
About Blue Label Interactive, Inc.
Blue Label Interactive, Inc. is a mobile application
developer specializing in the creation and deployment of
mobile software for the entertainment industry. Through the
use of its proprietary mobile toolsets and experienced
development team, Blue Label has deployed more than 100
applications across 2,000+ projects for industry leading,
mobile game publishers. In addition to mobile game
development, Blue Label also facilitates direct-to-consumer
distribution initiatives including integration into carrier
billing systems and off-deck portals. Founded in 1999, Blue
Label Interactive, Inc. is a privately held company located
in Los Angeles, California.
About Konami Corporation
Konami Corporation is a leading developer, publisher and
manufacturer of digital entertainment properties,
specializing in the home video game market. Konami
Corporation's action and adventure titles include the popular
franchises Metal Gear Solid®, Silent Hill® and Castlevania®,
among other top sellers. The latest information about Konami
can be found on the Web at www.konami.com. Konami
Corporation is a publicly traded company based in Tokyo,
Japan with subsidiary offices, Konami Digital Entertainment,
Inc. in the US and Konami Digital Entertainment GmbH,
Germany, and Konami Digital Entertainment Limited in Hong
Kong, China. Konami Corporation, the parent company of Konami
Digital Entertainment, Inc. is traded in the United States on
the New York Stock Exchange under the ticker symbol KNM
(NYSE: KNM). Details of the mobile products published by
Konami Digital Entertainment, Inc. can be found at www.konami.com/mo.
Media Contacts:
Konami Digital Entertainment
Mobile Group
Cathy Tische
(310) 220-8124
tc.97863@konami.com