NEWS - Wednesday, May 14, 2003
DC Studios Aquires Dream Mechanics INC.
DC Studios Announces Major Acquisition DC Studios today announces a substantial acquisition that will further strengthen its place in the marketplace and signals the company’s move into the online and massively multiplayer space. DC Studios has just closed the purchase of Montreal based DREAM MECHANICS INC, a creator and developer of massively multiplayer on line gaming technology. The company has produced products for many of the film studios including the world’s first game that was created in parallel with an airing TV series. Alias Underground, based on the ABC show of the same name, was developed using the company’s proprietary TRIMORPH system and allowed ABC to release a new gaming episode every 5 weeks. Alias has so far received in excess of 500,000 downloads and is extremely popular amongst its users. Dream Mechanics is currently working with ABC, Disney, CBC Television and others on high profile properties Dream Mechanics creates state of the art software tools to create and deliver 3D virtual worlds over the internet. The Dream Mechanics Trimorph product suite allows for the creation of virtual communities for both entertainment and E-Commerce applications. Mark Greenshields, DC Studios CEO said ’We extremely happy to add the Dream Mechanics team and technology to the DC Studios family. With their technology and vision and their reputation amongst the major Hollywood studios coupled with DC Studios team, technology, history and financal stability the future of the DC Studios group is looking brighter than ever. Paul Girouard VP, Business Development of Dream Mechanics......" this really is a wonderful opportunity for us, we have both recognized the importance of each other’s sphere of expertise and talent for some time now and decided to pool our resources to capitalize on the total market potential. We are confident that we have increased substantially our offering to the market place..." DC Studios, has offices in Montreal, Canada and Glasgow, UK. The company develops on all platforms including PS2, XBOX,, CUBE, GBA, JAVA, J2ME and has delivered over 24 titles for companies such as KONAMI, UBI OFT, ACCLAIM, MAJESCO. DC Studios has been profitable since inception and remains both profitable and debt free. www.dc-studios.com www.dreammechanics.comSource: http://www.xboxaddict.com/
