Joytoto USA, Inc. Unveils Its US Portal for Online Gaming Distribution
Posted on May 27, 2008
Filed Under Gaming
SANTA CLARA, Calif., May 27 /PRNewswire-FirstCall/ — Joytoto USA, Inc.
(OTC Bulletin Board: JYTO.OB), has commenced development of its US online
game distribution website, http://www.playolive.com, which will be used to display
its suite of newly released online games, licensed through the North
American Master License Agreement it has with Joyon Entertainment Co., Ltd.
This agreement allows Joytoto USA’s wholly-owned subsidiary to distribute
up to 24 titles from Joyon’s extensive library of online games.
The new website is the US counterpart to the current online game
distribution portal in Korea, http://www.olivegame.com. Game classifications
include MMORPGs (massively multi-player online role playing games), first
person shooter games (FPSs), board games, sports games, puzzle games, and
other casual games. The first game slated for release and downloadable
distribution on http://www.playolive.com is “Pang Pang Terrible”, a
first-person-shooter game which has had enormous success in the Korean
market. Users are expected to be able to download and play the game
sometime in the third quarter of 2008.
About:
Joytoto USA, Inc. (OTC Bulletin Board: JYTO.OB - News). The company’s
two business segments are electronic products and components, and online
games. The electronic products and components business is that of a
virtual, original equipment manufacturer (OEM) and original design
manufacturer (ODM) of consumer electronics for retailers throughout the
world. Joytoto USA’s online game business segment operates online games in
North America pursuant to an Exclusive North American Master License
Agreement with Joyon Entertainment Co., Ltd. (”Joyon Korea”). The Master
License Agreement gives Joytoto USA’s wholly-owned subsidiary access to
Joyon Korea’s library of successful online games currently operating in the
Asian markets which have generated more than $100,000,000 in the Asian
markets.
SOURCE Joytoto USA, Inc.
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