Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. These statements reflect current assumptions and expectations regarding future events and operating performance and speak only as of the date of this document. When used in this document, such statements use words like "may", "will", "expect", "continue", "believe", "plan", "intend", "would", "could", "should", "anticipate" and other similar terminology. Ĭertain statements in this document may constitute "forward-looking" statements, which involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. TransGaming's core businesses span the digital distribution of games for Smart TVs, next-generation set-top boxes, and the connected living room, as well as publishing for cross-platform game enablement, and licensing software for 3D graphics rendering and parallel computing. From engineering essential technologies for world leading companies, to engaging audiences with truly immersive interactive experiences, TransGaming fuels disruptive innovation across the entire spectrum of consumer technology. (TSX VENTURE:TNG) is a global leader in developing and delivering platform- defining social video game experiences to consumers around the world. The call will be recorded and a digital replay will be available on the Company's Investor Relations portion of its website at. The telephone number for the conference call is +1 (416) 340-2216. EST on Thursday Januto review the second quarter fiscal 2015 results. TransGaming will host an analyst and investor conference call at 10:00 a.m. I am very pleased and excited to lead our team as we concentrate on these efforts." Finally we have also identified technology assets that are not central to these priorities and are pursuing opportunities to unlock the value of our investments in these assets to further enhance shareholder value. "We are committed to attain profitability more quickly with a plan that has already been implemented to reduce annual operating expenses by more than $750,000. And, as promised, 2015 has brought a new monetization of our global Smart TV cloud gaming footprint with a focus on building subscriptions across our service into a sustainable growing and recurring revenue stream. Our publishing pipeline is now set for the first 9 months into this year with as many as 15 titles to be released. "2014's restructuring of our key revenue models served as an excellent springboard to 2015. Subsequent to quarter-end, announced the availability of GameTree TV to pay-TV operators worldwide in partnership with CloudTV software platform ActiveVideoĬommenting on the results, Dennis Ensing, Chief Operating Officer & Interim CEO of TransGaming stated:.Subsequent to quarter-end, announced a partnership with LG in conjunction with the Smart TV alliance, continuing the expansion of GameTree TV across the Smart TV market.Subsequent to quarter-end, announced the monetization of GameTree TV across its Smart TV's globally in partnership with leading digital payments platform Paymentwall.Launched second-screen and multiplayer capabilities with World Poker Tour on GameTree TV.Announced a new partnership to bring GameTree TV content to a major European cable operator.Launched its first title supporting in-game purchases on GameTree TV with Bulky Pix's "Turbolab Pursuit".Published its first major title 'Metal Gear Rising: Revengeance' on the Mac.Entered into a strategic co-publishing partnership with a world leading MMO developer to bring a top 10, award-winning massively multiplayer online role-playing game (MMORPG) to the Mac.Reported revenue of $1.3 million during the quarter, up 32% from Q1.
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