AndhraNews.net
Home » Business News » 2011 » March » March 29, 2011

DNA Dynamics, Inc Opens New Development Centre


March 29, 2011 - London

DNA Dynamics, Inc (PINKSHEETS: DNAD) is to open a New European Development Centre in Royal Leamington Spa, UK with room to accommodate an additional 25 developers as well as a Sales and Marketing contingency.

Ed Blincoe recently announced that he had signed a Letter of Intent with Paul Ranson, Managing Director of SLAM Productions, making SLAM a wholly owned subsidiary of DNA Dynamics, Inc. Ed commented, "We acquired Appache Mobile in late 2010 and that, coupled with the development team, operations and technology that SLAM brings to the table, means that I am very excited about the growth potential of this business."

He continued, "We need to have the room to grow and, given that Leamington is the home of some of the most talented development teams in Europe, we see it as a place to set down our roots. While we will ramp up our core team slowly the new offices give us the opportunity to take on some of the contracts we have been looking at over the past few weeks with room to house the staff required to deliver them."

The new office allows DNA Dynamics to bring together the staff currently working at different locations and to build a Center of Excellence in the heart of one of Europe's gaming hubs. DNA Dynamics will take possession of the new offices on April 4th, 2011.

DNA Dynamics, Inc recently confirmed that it had filed the relevant paperwork with the State of Delaware to reduce the Authorized Share Capital from 950m to 350m in order to make the company a long term investment for its shareholder base and to increase the value of their position in the business.

For more information, please visit www.appachemobile.com

About Appache Mobile LTD: Appache Mobile is a publisher of games and Apps for mobile and tablet devices. Established in 2010 Appache Mobile develops and acquires new and recently published games for iOS and Android devices.

Safe Harbor Statement:

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.

Contact:
Appache Mobile
info@appachemobile.com
(1) 347 352 0074
www.appachemobile.com

MarketWire

Comment on this story

Share