BEIJING, Aug. 13, 2013 /PRNewswire/ -- Santaro Interactive
Entertainment Company (OTCQB: STIE) (the "Company"), a technology
and game development and distribution company with operations in
Beijing and Ningbo, China, today announced the development
of Meng Jiang Lu, a mobile-based
collectable card game. The development of the game was initiated in
December 2012, and will launch closed
beta testing on or about August 20,
2013. The game is expected to be available on Apple's
App Store in October 2013. The Company's development team,
which is now based in Shanghai, is
led by the founder and former head of Coconut Island Studio, Mr. Ye
Feng.
The Company is also currently converting the original 108
Warriors MMORPG to a mobile and web-based game. Additionally,
1799.com, the Company's browser game platform launched in
November 2012, has started generating
revenue since December 2012. The
platform currently has over 232,000 registered users, with more
than 40,000 having joined in the last three months.
The Company will continue to focus its online game division on
distribution, with both Chinese and International third party
developers, in addition to its proprietary web-based and mobile
games.
About Santaro Interactive Entertainment Company
Santaro Interactive Entertainment Company is a development stage
company that primarily designs, develops and operates web-based
Massive Multiplayer Online Role-Playing Games (MMORPGs), mobile
games, browser game platforms, as well as related products and
services.
Forward-Looking Statements
This press release may contain certain forward-looking
statements within the meaning of Section 27A of the Securities and
Exchange Act of 1933, as amended, and Section 21E of the Securities
and Exchange Act of 1934, as amended and such forward looking
statements are intended to be covered by the safe harbors created
thereby. These forward-looking statements can be identified by
terminology such as "will," "expects," "future," "plans,"
"believes" and similar statements. Investors are cautioned that all
forward-looking statements involve risks and uncertainties.
All statements other than statements of historical fact in this
announcement are forward-looking statements, including but not
limited to the Company's limited operating history, the Company's
ability to protect its proprietary information; changes in
China's economic, political or
social conditions or government policies, and other risks detailed
in the Company's filings with the U.S. Securities and Exchange
Commission.
These forward-looking statements involve known and unknown risks
and uncertainties and are based on current expectations,
assumptions, estimates and projections about the Company and the
industry. The Company undertakes no obligation to update
forward-looking statements to reflect subsequent occurring events
or circumstances, or to changes in its expectations, except as may
be required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, management cannot assure the public that their
expectations will turn out to be correct, and investors are
cautioned that actual results may differ materially from the
anticipated results.
Website: www.stiechina.com
SOURCE Santaro Interactive Entertainment Company
