Artificial Life Delivers Lighthouse Project for 3M
14 Dezembro 2011 - 10:00AM
Artificial Life, Inc. (OTCPK:ALIF), an innovative investment
company, announced today the delivery of a software solution for
anticipated 3M portable devices.
The Company had already announced that it was awarded three
lighthouse projects from 3M in late 2010. The first project has now
been delivered and is designed to manage the user control functions
and interaction with certain of 3M's upcoming portable devices. The
Company was contracted to improving and designing the user
interface and user experience of the product. The goal of the
project was to deliver software tools that enhance interaction and
engagement with the device as well as providing improved
productivity and entertainment options for the user.
"We are excited about this project. For the first time we have
developed a fully integrated user interaction system for an
innovative hardware device for 3M," said Eberhard Schoneburg, CEO
of Artificial Life, Inc.
About Artificial Life, Inc.
Artificial Life, Inc. is a new kind of investor. We act as a
global incubator and business network provider and facilitator for
our investment companies, assisting them in their funding efforts,
sales, production, and general business development activities.
When needed, we also inject our valuable intellectual property into
our investment companies for their use. We invest mainly in the
BRICS (Brazil, Russia, India, China and South Africa) markets with
a focus on smartphone content and wireless technology such as: near
field communication, mobile business apps and games, mobile health
services, social networking apps and games, and mobile commerce. We
have won many industry awards for outstanding technology and
products in prior years.
Artificial Life, Inc. is a Delaware registered corporation
founded in 1994 in Boston. We are a public US entity (OTCPK:ALIF).
Our global headquarters is in Hong Kong.
For more information on ARTIFICIAL LIFE, INC., please visit:
www.artificial-life.com
The Artificial Life logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=1669
Forward-Looking Statements:
This press release contains "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Such forward-looking statements include, without
limitation, statements regarding our future results of operations,
financial condition and business prospects. In some cases, you can
identify forward-looking statements by terminology such as "may",
"will", "should", "expect", "intend", "plan", "anticipate",
"believe", "estimate", "predict", "potential", "continue" or the
negative of these terms or other comparable terminology. Although
such statements are based on our own information and information
from other sources we believe to be reliable, you should not place
undue reliance on them. These statements involve risks and
uncertainties, and actual market trends or our actual results of
operations, financial condition or business prospects may differ
materially from those expressed or implied in these forward looking
statements for a variety of reasons. Potential risks and
uncertainties include, but are not limited to: the general economic
conditions in the markets in which we operate; the success of our
newly adopted business model and strategy; our ability to find
investment targets for reasonable conditions; the economic
conditions in the BRICS nations; our ability to sell equity or
assets and intellectual property; our ability to obtain additional
funding to operate and grow our business and to do investments;
changing consumer preferences and uncertainty of market acceptance
of our products; timely adoption and availability of broadband
mobile technology; market acceptance for use of mobile handheld
devices; our reliance on a relatively small number of clients and
brands; our ability to license brands from others; our dependence
upon resellers and telecommunication carriers and operators to
distribute our products; our ability to successfully develop,
introduce, and sell new or enhanced products in a timely manner;
and the timing of new product announcements or introductions by us
or by our competitors. For additional discussion of these risks and
uncertainties and other factors, please see the documents we file
from time to time with the Securities and Exchange Commission,
including our Annual Report on Form 10-KSB filed on August 2nd,
2011. We assume no obligation to update any forward-looking
statements, which apply only as of the date of this press
release.
CONTACT: Artificial Life IR and PR Contact:
Tel: (+852) 3102 2800
ir@artificial-life.com
Artificial Life (CE) (USOTC:ALIF)
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