It appears as though Paradise Lost is doing very well in the arcade marketplace. So well in fact that the developers of the game, Signature Devices is earning royalties off the game and they are looking to work with GlobalVR again on their next big project. At this point what the game will be exactly is unknown (I wonder if they will work on Blazing Angels or not, another Ubisoft title – GlobalVR has said that they were going to release BA to arcades sometime this year but so far we have not heard anything beyond that) but the press release does say that the game will be designed for the new VR4 stand-up arcade machines that are supposed to be released later this year. Personally I have not heard of these new cabinets yet so if anyone has any information on them, it would be good to know. If they are an upgrade of the old Vortek cabinets that would be an interesting move but I will hold my tongue on that for now. At the very least it’s great to see GlobalVR aggressively developing new arcade titles – I think they are really shining now and are starting to show up Sega and Namco. Hit the post break for the full press release!
[Discuss on the Forum] [Graffiti Entertainment]
Signature Devices Signs Agreement With Global VR for Another Stellar Title
Tuesday July 31, 7:30 am ET
REDWOOD CITY, CA–(MARKET WIRE)–Jul 31, 2007 — Signature Devices, Inc. (www.signaturedevices.com), a leading developer and publisher of advanced 3D interactive games and simulation technology, finalized negotiations with GLOBAL VR® (www.globalvr.com) to develop a new arcade game. The new game will be designed for the new VR4 stand-up arcade machines, and will be ready to ship later this year.”We are delighted that GLOBAL VR has selected us to develop another new coin-operated game for release later this year,” commented Kenneth Hurley, CEO of Signature Devices, Inc. “We have proven success with Global VR, having recently completed development on ‘Paradise Lost,’ which just shipped in April and is already earning royalties for us.”
About Signature Devices, Inc.:
Based in Redwood City, Calif., Signature Devices, Inc. (www.signaturedevices.com) creates, develops and manufactures advanced information technology, including computer systems, software and electronics products. One of the company’s premiere technologies includes a blend of hardware and software for Image generation technology used in video games and simulations. Signature Devices also owns Graffiti Entertainment, LLC (www.GraffitiEntertainment.com), a publisher of interactive entertainment software for advanced entertainment consoles.
About GLOBAL VR:
Founded in 1998 and headquartered in San Jose, California, GLOBAL VR® is one of the world’s leading manufacturers of coin-operated video games based on home gaming technology. Through the development of proprietary technology, GLOBAL VR is able to leverage the massive investment in development of PC and console games by third party developers by making them suitable for play in out-of-home locations. Development agreements are in place with some of the world’s leading game publishers including Electronic Arts, Ubisoft, and Atari. These agreements provide GLOBAL VR rights to create coin-op versions of popular home games such as EA SPORTS™ PGA TOUR® GOLF, Underground, NASCAR, Blazing Angels, Beach Head and Operation Blockade. In addition, GLOBAL VR also develops and manufactures products previously marketed under the UltraCade label including Global Arcade Classics and Ultrapin. More information on GLOBAL VR can be found at www.globalvr.com.
