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[QUOTE]Originally posted by JARW: [QB] Infinium Labs Selects Synapse to Guide Manufacturing of the Phantom Lapboard Thursday March 2, 8:16 am ET SEATTLE, March 2 /PRNewswire-FirstCall/ -- Infinium Labs, Inc. (OTC Bulletin Board: IFLB - News) announced today the Company has contracted with Synapse Product Development, LLC, a product and technology development consulting firm, for manufacturing development of the Phantom® Lapboard. Synapse previously was engaged to assist the Company with the Phantom Lapboard prototype development. ADVERTISEMENT "We are ready to take the Phantom Lapboard into production and have re-engaged Synapse to assist the Company in manufacturer selection, tooling development, documentation control and process development," stated Greg Koler, Infinium Labs' CEO and President. "The Company is reducing its operating costs by restructuring and outsourcing hardware and software development." "We are focused on working with Synapse to get the Phantom Lapboard to market as quickly as possible," Koler said. "We have been in discussions with several peripheral manufacturers and have redefined Synapse's role to help us with the contract manufacturer selection. Based on our initial discussions with manufacturers, Infinium Labs is on track to hit our 2006 distribution goals for the Phantom Lapboard. We will be announcing our contract manufacturer as soon as possible." The Phantom Lapboard was nominated at the Electronic Entertainment Expo (E3) alongside Nintendo's DS (Dual Screen) and Sony's PSP (PlayStation Portable) for the conference's Game Critics Awards in the "Best of Show Hardware/Peripheral" category. The Phantom Lapboard is an extremely innovative peripheral that enables players to control games designed for keyboard and mouse usage with as much agility as they are used to in the office, from the comfort of the couch or easy chair. The Lapboard rotates for left- and right-handed users and also inclines on a 90-degree angle with a hard surface below for the Phantom Mouse. The device comes either wired or wireless and provides USB ports and headphone/microphone ports. About Synapse Product Development, LLC Synapse is a product and technology development firm offering engineering, design and project management services. Synapse partners with clients to create consumer products, medical devices, and biotechnology instruments that redefine the state-of-the-art and expand the realm of the possible. For more information, visit http://www.synapsedev.com. About Infinium Labs Infinium Labs (OTC Bulletin Board: IFLB - News) is in development of the Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. Delivered over broadband, the Phantom Game Service is designed to offer casual and avid gamers a broad library of titles, available anytime, day or night. For more information, please visit http://www.phantom.net. PR contact pr*phantom.net Safe Harbor Statement Certain statements included in this press release may constitute forward-looking statements. Actual results could differ materially from such statements expressed or implied herein as a result of a variety of factors including, but not limited to: the development of the Infinium Labs technology, ability to secure additional financing, the successful marketing and distribution of the Phantom Game Service, acceptance by the market of Infinium Labs' products and technology, competition and timing of projects and trends in the gaming industry, as well as other factors expressed from time to time in filings Infinium Labs will make with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with periodic filings Infinium Labs makes with the SEC. The forward-looking statements contained herein are made only as of the date of this press release, and Infinium Labs undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com. [/QB][/QUOTE]
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