MURRIETA, Calif., Nov. 2, 2009 (GLOBE NEWSWIRE) -- Left Behind Games Inc.
(OTCBB:LFBG), dba Inspired Media Entertainment, a leading publisher of Christian
video games, announced that it has entered into an agreement with Lenox Hill
Partners of New York to assist in identifying 12 potential acquisition
candidates in the next six months.
Troy Lyndon, CEO, says, "Although we are pursuing our own internal growth, we
are also seeking to expand the business through strategic acquisitions. Of the
12 acquisition candidates, it is our hope to find at least one that will align
with our goals and enhance our profitability. Specifically, we are looking for
other Christian media or family-friendly businesses. Interested parties may
contact us through our Investor Relations web page at www.inspiredmedia.com."
Christian products have gained popular acceptance in the music and book sections
of retailers over recent years. The newest Left Behind and Charlie Church Mouse
PC video games as well as Keys of the Kingdom are the three titles being piloted
in approximately 100 Texas Walmart stores for determining customer interest.
Consumers interested in finding the nearest Walmart carrying the games can go to
www.inspiredmedia.com/walmart.
For many years, Walmart has sold gospel music and both fictional and
non-fictional Christian books, including the well-known Left Behind book series
which has sold more than 65 million copies. Yet, there are few, if any, moral or
Bible-based video game choices for youth and adults alike.
The demographics in Texas make it an ideal testing ground for Left Behind PC
Games where there are over 23,000 churches(1). Texas ranks first in the nation
in the number of Evangelical Protestants (over 5 million), second in number of
Mainline Protestants (over 1.7 million) and third in number of Catholics(2).
There are almost 25 million residents in Texas(3), and Christians represent the
greater portion of the 49% who claim that they attend church or synagogue once a
week(4).
In an effort to promote the new arrival of the games at Walmart, Inspired Media
has sent out letters of appeal to thousands of Texas-based church pastors and
will continue to do so over a 10 week campaign through Christmas, which began
October 19th.
Inspired Media Entertainment currently publishes six games including Tribulation
Forces, the sequel to the original game LEFT BEHIND: Eternal Forces, known as
the most widely distributed Christian PC game in history. The Company's LEFT
BEHIND branded games are based upon the popular novel series by Tim LaHaye and
Jerry Jenkins which have sold millions of books in 30 languages worldwide.
Inspired Media also offers three games for ages two to eight under the Charlie
Church Mouse brand, in addition to Keys of the Kingdom for all ages.
(1) As listed in online yellowpages.com.
(2) From a 2006 Gallup survey reported in
wikipedia.org/wiki/Religion_in_the_United_States
(3) According to Texas Dept. of state health services, it (the 2009 population)
is 24,873,773. See
wiki.answers.com/Q/What_is_the_population_of_Texas_in_2009Wikipedia.com.
(4) As found online at www.texasalmanac.com/religion/
About Left Behind Games Inc.
Left Behind Games Inc., also known as Inspired Media Entertainment
(www.inspiredmedia.com), has become one of the world's leading independent
developers and publishers of quality interactive entertainment products that
perpetuate positive values and appeal to mainstream and faith-based audiences.
For samples for your church or school, you can go to www.inspiredmedia.com.
Cautionary Note Regarding Forward-Looking Statements
The statements contained herein which are not historical facts are considered
forward-looking statements under federal securities laws and may be identified
by words such as "anticipates," "believes," "estimates," "expects," "intends,"
"plans," "potential," "predicts," "projects," "seeks," "will," or words of
similar meaning and include, but are not limited to, statements regarding the
outlook for the Company's future business and financial performance. Such
forward-looking statements are based on the current beliefs of our management as
well as assumptions made by and information currently available to them, which
are subject to inherent uncertainties, risks and changes in circumstances that
are difficult to predict. Actual outcomes and results may vary materially from
these forward-looking statements based on a variety of risks and uncertainties
including: our dependence on key management and product development personnel,
and our ability to develop other profitable titles for current generation
platforms, the timely release and significant market acceptance of our games,
the ability to maintain acceptable pricing levels on our games, our reliance on
a primary distribution service provider for a significant portion of our
products, and our ability to raise capital if needed. Other important factors
and information are contained in the Company's Annual Report on Form 10-K for
the fiscal year ended March 31, 2009, in the section entitled "Risk Factors,"
and the Company's other periodic filings with the SEC, which can be accessed via
a link from www.inspiredmedia.com on our Investor Relations page. All
forward-looking statements are qualified by these cautionary statements and
apply only as of the date they are made. The Company undertakes no obligation to
update any forward-looking statement, whether as a result of new information,
future events or otherwise.
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CONTACT: Left Behind Games Inc. (Inspired Media Entertainment)
Public and Investor Relations Contact:
MaryLouise Baldridge
(407) 754-4166
marylouise@inspiredmedia.com
