TORONTO, Jan. 9 /CNW/ - SilverBirch Studios, a member of the SilverBirch Inc. (TSX-V: SVB) group of companies, and Breakthrough New Media announced today that they have signed an agreement to develop two games based on the upcoming animated kids television series, Jimmy Two Shoes to be broadcast on Teletoon Canada and Jetix Europe.
Jimmy is an enthusiastic 14 year-old kid who, through a series of missteps, falls into the weird world of Miseryville, where everything is designed to inflict torment onto its inhabitants. Always irrepressible, Jimmy stirs up the fun in his new bizarre home much to the chagrin of Miseryville's Big Cheese - Lucius Heinous the Seventh.
As part of the agreement SilverBirch Studios will develop a mobile game, which will be distributed through Swedish based Global Fun and an online flash game that will be housed on the official website at Teletoon.com. Both games will concurrently launch when the Jimmy Two Shoes series debuts in early 2009.
"I'm very excited about the opportunity to work on games based on this animated property", said Wojtek Kawczynski, SVP & GM of SilverBirch Studios, "Breakthrough is an accomplished Canadian multiplatform game producer and to be able to work on a concept developed by them is great way to start our relationship."
"We are very confident that SilverBirch will deliver top quality games on both platforms" adds Dorothy Vreeker, Creative Director/Producer of Breakthrough New Media.
The Jimmy Two Shoes interactive project (both mobile and online) has been generously funded through the Telefilm Canada New Media Fund and the Bell Broadcast and New Media Fund.
In other news, SilverBirch Inc. announced today that it had reached agreement with a small group of senior staff and contracted personnel to convert $28,500 of outstanding debt into common shares of the corporation at a price per share of $0.30. This results in the issue of a total of 95,000 new common shares, subject to the approval of the TSX Venture Exchange.
About SilverBirch Studios Inc.
SilverBirch Studios is a leading developer, based in Toronto, specializing in premium handheld and mobile games. The Company is focused on end-to-end game development with leading publishers for projects based on its own proprietary IP as well as that of its many partners. SilverBirch Studios Inc. is a wholly owned subsidiary of SilverBirch Inc., a publicly traded digital media company based in Toronto. For more information visit www.silverbirchinc.com
About Breakthrough New Media
Breakthrough New Media (BNM) is the interactive division of Breakthrough Films & Television. BNM has produced many quality, award-winning websites and games that complement Breakthrough's television properties. BNM's most recent releases include a GBA game and a mobile game for the animated series "Atomic Betty, "Kenny vs Spenny: Best Friends/Worst Enemies'', a mobile game based on the hit Comedy Central show and "Uh-Oh Flamingo!", an online game based on the animated series Captain Flamingo. "Uh-Oh Flamingo!" recently won the 'Excellence in Gaming' award at the 2007 Canadian New Media Awards. Visit www.breakthroughfilms.com/newmedia for more information.
The TSX Venture Exchange does not accept responsibility for the adequacy
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