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OBJE Finalizes Due Diligence With Current Target

Obscene Interactive (OTCQB: OBJE) (Businesswire) - 24 April 2012

OBJE Finalizes Due Diligence With Current Target

SARASOTA, Fla.--()--With its due diligence drawing to a close, Obscene Interactive, the gaming division of Obscene Jeans Corp. (OTCBB:OBJE) announced today that it has opened negotiations with HourBlast Games (HBG) for a new funding agreement.

Almost a month after signing an LOI with OBJE?s current target HourBlast Games, Obscene Interactive continues to be impressed with the potential of its exciting new game Dueling Blades. Still in its beta-testing phase, the game is already nearing 2,000 likes on Facebook from around the globe. A successful Facebook launch for Dueling Blades could lead to HBG expanding across additional platforms and delivering more fun and innovative titles.

That?s the kind of growth potential that initially attracted OBJE. With the viral nature of social platforms and the increase use of mobile devices, games and applications like Dueling Blades can potentially reach millions of users within seconds. The game?s Free-to-Play (FTP) model, combined with micro-transactions, allows users to try the game at no cost and then purchase additional features with a tap of the finger or click of the mouse.

This model affords developers such as HBG the ability to scale revenue streams with a solid publisher or strategic marketing campaign. As the company moves forward with negotiations, OBJE will discuss a variety of funding options with HBG to assist in the rapid expansion of its operations.

For more information on OBJE?s mission to deliver the next generation of socially connected video games, please visit www.obsceneinteractive.com/investors.html.

Obscene Interactive is a division of Obscene Jeans Corp. that is working to develop innovative products to service the fast-growing social gaming sector alongside companies such as Zynga Inc., Glu Mobile Inc. (NASDAQ: GLUU), The9 Limited (NASDAQ: NCTY) and Majesco Entertainment Co. (NASDAQ: COOL)

About Obscene Interactive

Obscene Interactive (OTCQB: OBJE) is an emerging global developer of social gaming applications. OBJE's cutting-edge technology platform enables its titles to be accessible to a broad audience of consumers all over the world, supporting multiple platforms for universal appeal. Obscene Interactive is focused on delivering the best in social gaming solutions to the mass market. For investment information and performance data, please visit www.ObsceneInteractive.com/investors.html.

Notice Regarding Forward-Looking Statements

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Contacts

Obscene Jeans

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Paul Watson, 941-952-5825
President and CEO
info@obsceneinteractive.com


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