Strategy First sends word that they have terminated their deal with Game Factory Interactive for Disciples III
and will not be involved in the further development of the game. No reason why is specified.
FIRST TERMINATES THEIR AGREEMENT WITH GAME FACTORY INTERACTIVE FOR THE
DEVELOPMENT OF DISCIPLES III
Montreal, Canada. January 11, 2005. Software publisher Strategy First, Inc.
a wholly owned subsidiary of Silverstar Holdings, Ltd. (NASDAQ: SSTR) announced
today that their Agreement with Game Factory Interactive for the development of
â€œDisciples IIIâ€ has been terminated. Mistland South, a development
studio owned by Game Factory Interactive, will therefore not be responsible for
the development of this next addition to the popular series.
â€œJagged Alliance 3D,â€ the upcoming addition to Strategy
Firstâ€™s renowned Jagged Alliance franchise, is still
currently under development by Mistland South.
development has been started already by another studio to be announced shortly.
Game Factory Interactive Ltd.
Interactive Ltd was founded in 2003 by a group of professionals with extensive
experience and knowledge in the Video Gaming Industry. Game Factory Interactive
Ltd. is an independent PC Games developer and publisher with offices in Seattle
(WA, USA), Ottawa (Ontario, CANADA), Moscow (Russian
Federation) and Kiev (Ukraine). Game Factory Interactive Ltd. publishes directly in both Russian and
Ukrainian markets via their partner companies in Eastern Europe and sublicense
in other territories. As one of the leading publishers in the former Soviet Union, their main goal
is to bring high quality game titles to the ex-Soviet Union and Eastern Europe.
About Strategy First
First, Inc. is a leading developer and worldwide publisher of entertainment
software for the PC. Founded in 1990, the Company has grown rapidly, publishing
major games in the industry such as â€œS.C.S - Dangerous Watersâ„¢â€ and
â€œDisneyâ€™s Aladdin Chess Adventuresâ€ and simultaneously
developing its own in-house titles such as â€œO.R.B.â€ and â€œDisciples
IIâ€. After winning numerous awards for games such as â€œDisciples:
Sacred Landsâ€, â€œKohan: Immortal Sovereignsâ€, â€œSteel
Beastsâ€, â€œGalactic Civilizationsâ€, and
Strategy First continues to push the gaming envelope with its own
groundbreaking titles, while maintaining its reputation as a unique alternative
for independent developers seeking to market their games to a worldwide
audience. www.strategyfirst.com .
About Silverstar Holdings
Holdings Ltd. is a publicly traded company, focusing on acquiring controlling
positions in high growth fee-based electronic game businesses that stand to
benefit from the economies of scale generated by Internet and other technology
related platforms. It currently owns Fantasy Sports, Inc., a dominant
provider of fee based NASCAR related and other fantasy sports games, Strategy
First Inc., a leading developer and worldwide publisher of entertainment
software for the PC, as well as a stake in Magnolia Broadband, a fab-less semiconductor
company and innovator of radio frequency (RF) solutions for the cellular