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Company Partners With GotaPlay Interactive to Deliver Online Game Rental Service
Jul 19, 2005 6:30:00 AM
BREMERTON, Wash., July 19 /PRNewswire-FirstCall/ -- DONOBi, Inc. (OTC Bulletin Board: DNOB), a leading provider of digital media solutions, including voice, data, Internet, and television, today announced the launch of DONOBi Games (www.DonobiGames.com), an online video game rental subscription service. DONOBi Games, which will be marketed to existing and potential customers, is the result of a partnership between DONOBi and GotaPlay Interactive, Inc., a leading provider of online game rental subscription services.
"DONOBi Games represents the first of many strategic opportunities for us to leverage our strong customer base with additional product offerings and services," commented William Wright, Chief Executive Officer of DONOBi, Inc. "DONOBi Games was an easy first step for us, in part because of the partnership with GotaPlay Interactive, Inc. and in part because of the exploding growth of the overall gaming market, as evidenced by Sony's new PSP and Microsoft's Xbox 360, which is to launch this fall. With a library of gaming choices, all of which are available from the comfort of home, DONOBi Games is a huge win for our customers, who don't need to buy just one game, but can subscribe to them all."
Similar to Netflix and its DVD rental service, DONOBi Games will provide its customers with access to a library of video games, all from the comfort of home. The games will be delivered to customers via the United States Postal Service, typically within one to two business days.
"We are excited to work with DONOBi," commented Asra Rasheed, President and COO of GotaPlay. "The introduction of DONOBi Games allows us to reach out to a broader yet targeted market. The decision to add a site dedicated to gaming will certainly complement and add value to DONOBi's existing Internet and media service offerings."
About DONOBi, Inc.
DONOBi, Inc. is an Internet solutions company providing voice, digital television, Wi-Fi and Internet services to business, residential and municipal customers over a variety of mediums, including fiber optic and high-speed wireless technologies. The Company provides high-quality communications, content and IT services to its growing customer base, and through its Shared Tenant Services division, offers sophisticated technology-driven services and solutions that specifically address issues facing the apartment, hospitality, commercial property and government housing industries -- the ability to obtain high-speed Internet access at a reasonable per unit cost. The Company's overall strategy is to maintain a next-generation, technological advantage and become a dominant, bundled solutions provider for small to medium-sized businesses and residents within emerging regional markets throughout the U.S. For more information, please visit the Company's web site at www.donobi.com.
About GotaPlay Interactive, Inc.
GotaPlay has consolidated a group of online game rental companies to create a gaming enterprise offering multiple distribution centers, greater availability -- over 3,500 titles to choose from -- and greater convenience. Their core service includes delivery of video games to subscriber's doorstep in postage paid return mailers. Service is based on a monthly subscription of $19.95 and enables gamers to rent as many as two games at a time. These games can be played for 1 day or one year and may be returned at the gamers discretion and replaced with any new game at any time -- and most importantly, there are no due dates or late fees! Visit us at www.gotaplay.com or call us at 1-866-348-2800.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this news release may contain or constitute forward-looking statements. These forward-looking statements are based on current expectations and are subject to risk and uncertainties. In connection with the "safe harbor" provisions of the Private Securities Litigation Act of 1995, DONOBi provides the following cautionary statement identifying important factors which, among others, could cause the actual results or events to differ materially from those set forth or implied by the forward-looking statements and related assumptions.
SOURCE DONOBi, Inc.
---------------------------------------------- Bill Wright President & Chief Executive Officer of DONOBi Inc. +1-360-473-1160 or bwright@donobi.com
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