TORONTO, ONTARIO -- (Marketwired) -- 06/04/13 -- TransGaming Inc. (TSX VENTURE: TNG), the global leader in developing and delivering platform-defining social video game experiences to consumers around the world, today announced a partnership with Panasonic to launch GameTree TV games on VIERA Connect-enabled devices later this year.
VIERA Connect is Panasonic's connected TV platform which enables owners of VIERA Connect-enabled HDTVs, Blu-ray Disc Players and Home Theater Systems access to a wide range of internet-based video-on-demand content and applications covering everything from news and fitness, social networking, music and online shopping and gaming. VIERA Connect requires no external box or PC and is accessed via a single button on the television remote control. TransGaming's GameTree TV content will be available to the extensive VIERA Connect community, supported by an advertising-based model.
TransGaming's GameTree TV premium-branded video games content for Smart TV and Connected TV delivers innovative, interactive living room experiences to a rapidly growing market. Featuring a rich content catalog of globally known and loved gaming brands for a broad family demographic, GameTree TV delights consumers with immersive and truly social experiences in the connected living room. GameTree TV games will be fully optimized for VIERA Connect hardware, software, and input devices.
"TransGaming's leadership in Connected TV gaming, along with their top-tier game catalogue, made them the ideal partner to deliver the gaming experiences our users demand," said Merwan Mereby, Vice President, Interactive Content and Services Development, Panasonic Corporation of North America. "We are excited to offer TransGaming's premium content catalog to our Panasonic VIERA Connect consumers."
"This partnership demonstrates the unparalleled benefit of premium, globally recognized brands in defining the Connected TV space. Deploying our top-tier content on a platform with the strength and rapid growth displayed by VIERA Connect is yet another step towards Connected TV ubiquity for TransGaming," commented Vikas Gupta, CEO & President of TransGaming. "The truly platform-defining video game experiences delivered by TransGaming offer a unique and compelling value to consumers and device manufacturers alike. Industry leaders like Panasonic fully recognize the role top-tier brands play in building and strengthening a user base, and are pushing demand for TransGaming content to unmatched levels."
About Panasonic Consumer Marketing Company of North America
Based in Secaucus, N.J., Panasonic Consumer Marketing Company of North America, a Division of Panasonic Corporation of North America, the principal North American Subsidiary of Panasonic Corporation (NYSE: PC) and the hub of Panasonic's U.S. marketing, sales, service and R&D operations, offers a wide-range of consumer solutions in the U.S. The Company's portfolio of innovative consumer products ranges from VIERA Full HD 3D Televisions, Blu-ray players, LUMIX Digital Cameras, Camcorders, Home Audio, Cordless Phones, Home Appliances, Wellness and Personal Care products and more.
Panasonic is pledged to practice prudent, sustainable use of the earth's natural resources and protect our environment through the company's Eco Ideas programs. Panasonic was the only Consumer Electronics company to be listed in the top ten brands on the Interbrand Best Global Green Brands 2011 ranking. Follow Panasonic on Twitter @panasonicdirect, and additional company information for media is available at www.panasonic.com/pressroom.
About Panasonic Canada Inc.
A subsidiary of Panasonic Corporation of North America, Panasonic Canada Inc. provides a broad line of digital and other electronics products and solutions to meet consumer, business and industrial needs. Consumers seeking more information on the company's products can call Panasonic's Customer Care Centre at 1-800-561-5505 or access Panasonic's home page at www.panasonic.ca.
About TransGaming Inc.,
TransGaming Inc. (TSX VENTURE: TNG) is the global leader in developing and delivering platform-defining social video game experiences to consumers around the world. From engineering essential technologies for the world's leading companies, to engaging audiences with truly immersive interactive experiences, TransGaming fuels disruptive innovation across the entire spectrum of consumer technology. TransGaming's core businesses span the digital distribution of games for Smart TVs, next-generation set-top boxes, and the connected living room, as well as technology licensing for cross-platform game enablement, software 3D graphics rendering, and parallel computing. Visit us at http://transgaming.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Jean-Francois (JF) Dube
Investor Relations - Canada
+1 877 848 8790
Wolfe Axelrod Weinberger Associates LLC
Adam P. Lowensteiner
Investor Relations - United States
+1 212 370 4500
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