eGames signs License Agreement with Sonico.com

Launch of eGames’ First Social Game Coming in April

 

Buenos Aires, ARGENTINA and Langhorne, Pennsylvania, USA – February 24, 2010– eGames, Inc. (Pink Sheets: EGAM), a developer and publisher of games for the PC, game consoles and the Internet, today announced that it has signed a content license agreement with Sonico, the Latin American social network that helps people organize their lives online, to launch its first social game, Burger Island®, on Sonico.com.

 

“This agreement between Sonico and eGames is the first step towards launching our social game initiative, and we are excited to be partnering with a social network that is not only aimed at the robust and growing Latin American market, but is also at the forefront of establishing a social network designed for the way people want to interact on the Internet today,” said Jerry Klein, President and CEO of eGames. “Our casual, fun and persistent games, starting with Burger Island, are ideal to serve this market.”

 

“I would encourage you to learn more about Sonico by visiting http://en.blog.sonico.com/ and viewing a video interview with Angel Gambino, Vice President of Business Development at Sonico. The interview was conducted at the Consumer Electronic Show in Las Vegas last month and Ms. Gambino offers an excellent discussion of Sonico and its differentiating offerings among today’s leading social networks. Ms. Gambino also touches on the prospects of the Latin American social network marketplace,” Klein said.

 

“We are looking forward to working with eGames to offer Sonico users more engaging social entertainment.  Social games are yet another fun way that friends can share experiences online.  At Sonico, we aim to be the partner of choice for games companies expanding into the rapidly growing Latin American market.", said Angel Gambino, VP Business Development of Sonico.

 

About eGames, Inc.

eGames, Inc., headquartered in Langhorne, Pennsylvania, develops and publishes casual games for the PC, Nintendo DS and Wii, iPhone, and the Internet including The Dracula Files, Burger Island®, Burger Island 2: The Missing Ingredient, Satisfashion®, Purrfect Pet Shop®, and more. Additional information regarding eGames, Inc. can be found at http://www.egames.com.

 

About Sonico.com

Founded in July, 2007, Sonico is the Latin American social network that helps people organize their lives online. The Sonico social communication platform has over 44 million registered users and allows individuals, organizations and brands to interact in a simple, useful and

 

entertaining way by taking control of their own information in a private manner. With offices in Buenos Aires and Sao Paulo, Sonico has a team of 60 professionals and was selected by BusinessWeek as the 5th most promising technology start-up with the highest global growth forecast. Sonico is backed by DN Capital and prominent angel investors.

For more information go to: http://corporate.sonico.com

Images and official logo: http://www.sonico.com//publico/sonico_press.php?step=2

Interview request: http://www.sonico.com//publico/sonico_press.php?step=4

 

Forward-Looking Statement Safe Harbor  

This press release contains certain forward-looking statements, including without limitation, statements regarding the expected date of the launch of Burger Island on Sonico.com. eGames cautions readers that the risks and uncertainties that may affect our future results and performance include, but are not limited to: continued overall economic problems in the United States and around the world that negatively affect consumer spending; delays in the development and release of eGames titles; inability to fund continued development of future titles; technical and other issues that may delay or halt development of future titles;  and an increase in competition; as well as the risks and uncertainties discussed under the heading "Factors Affecting Future Performance" in our Annual Report for the fiscal year ended June 30, 2009 as posted on the Company’s website and on www.pinksheets.com.

 

Contact:

 

eGames, Inc.                                                                    

Jerry Klein, President & CEO                                     

(215) 750-6606 (Ext. 118)                                                              

Tom Murphy, Vice President & CFO                       

(215) 750-6606 (Ext. 113)

 

Sonico.com

Florencia Sabatini

PR Regional Manager    

Florencia.sabatini@sonico.com               

Tel: +54.11.5258.4286