Sarbakan To Invest $3 Million Dollars Over The Next Five Years To Expand Its Game Development Activities
For Immediate Release
QUEBEC, CANADA - Thursday 28 July 2005 -Sarbakan, a leading online game developer, announces a $ 3 million dollars (CAN) investment program over five years to expand its Quebec studio operations and hire new personnel.
"The demand for our Web-based game products has grown tremendously over the last six months", states Guy Boucher, President and Executive Producer of Sarbakan. "Both our Service and Original IP Development divisions are working around the clock and we have seen the production team increase by more than 20 %. To keep pace, we have already invested 500 000 $ (CAN) in our production capabilities, equipment and facilities over the last two quarters. And we plan on sustaining this rapid growth rate by injecting at least two and a half million $ (CAN) in our studio, productions and personnel over the next five years", says Mr. Boucher.
According to the company's president, these investments will benefit both Sarbakan's service productions and the studio's own original IP development efforts while ensuring the company's long term growth.
"We are very happy with the number of service projects under production at our studio. We will very soon be launching several titles based on our own original intellectual properties, " adds Mr. Boucher. "With more and more use of online games in the branding and marketing of consumer products, movies, etc., we are confident that our investment will help sustain our long term growth".
About Sarbakan
Founded by pioneers of the interactive entertainment industry in 1998, Sarbakan (www.sarbakan.com) is a creative studio supplying cross platform interactive entertainment content for clients such as Warner Bros, AOL, WB Kids, ABC, Hasbro, Viacom and Sony.
In addition to providing its clients with licensed games production services, Sarbakan also offers titles based on its own roster of intellectual properties which have included in the past successful products such as Firechild, Good Night Mr. Snoozleberg, The Black Squirrel, Arcane and Steppenwolf.
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For information please contact:
Glenna Malleau
Communication-Marketing
Sarbakan
Tel: (418) 682-0601 poste 204
glenna.malleau@sarbakan.com
www.sarbakan.com