Fvsta

[mickymoose99]

.Far Vista Interactive Corporation Announces That U1GE is Testing Run the Gauntlet



Buzz up! 0 Print..Press Release Source: Far Vista Interactive On Monday January 11, 2010, 4:00 pm EST
SAKATOON, Saskatchewan--(BUSINESS WIRE)--Far Vista Interactive(NASDAQ:FVSTA - News), a leading game company in Saskatchewan, today announced that U1 Game Entertainment received Far Vista Tournament: Run the Gauntlet to complete game testing at it’s Beijing facility.

“This is another positive step forward in the Chinese market and is a result of several months of discussions and meetings” commented Bruce Hoggard, Senior Executive VP Marketing and International Development. “ 2009 has been very successful in generating valuable contacts and developing encouraging relationships.”

U1GE is one of China's leading game developers. U1 Game Digital Entertainment (Beijing) Co.,Ltd is an outstanding online game company ,which is one of the third generation of online game companies in China. U1GE has become a new generation company for interactive entertainment. Its solid economic basis, self-developed game engine, game development platform, design team with innovative concepts and marketing team with rich experiences, ensure that under a constant changing environment U1GE will continue to launch excellent online game products. U1GE set up in May 2007 with headquarters is in Beijing. U1GE owns R&D centers, operation service centers and nationwide marketing channels, with many leading online game products like, PCIK,SOLSTICE ONLINE, SHENMU, and HIDDEN LOONG.

According to Hoggard, “The Chinese market remains a viable market and we are seeking local partners who can better help us understand the intricacies of the Chinese market. The ongoing discussions and the review of the game Run the Gauntlet could prove to be a pivotal point in Far Vista Interactive’s strategy to make it available to game players in China.”

According to Richard Buckley, the CEO of Far Vista Interactive, “we look forward continued talks and the opportunity to sign a letter of intent for distribution rights in China with this dynamic company.”

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements in this announcement that are not historical facts represent only the Company's current expectations, assumptions, estimates and projections and are forward-looking statements. These forward-looking statements involve various risks and uncertainties. Important risks and uncertainties that could cause the Company's actual results to be materially different from expectations include but are not limited to the risks set forth in the Company's filings with the U.S. Securities and Exchange Commission, including the Company's annual report on Form 10-K. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

On behalf of the Board of Directors,
Richard Buckley
President & Director

[STOCKMAN]

FVSTA. Had news after the close today. I have put this on my radar list. I am takeing a postion in this stock in the am. I belive this stock is going to bounce back in the am and break through a few resistances. Remember to do your own dd!!

[mickymoose99]

FVSTA +2%
Primed n Building momentum Opened@.18 closed@.24 pushed through MA20 andtesting the MA50 next resistance @.27 IMO all chart indications point to a big day on Tuesday should see positive movement
Chart Info FVSTA - SharpCharts Workbench : StockCharts.com