Liquid Media Rolls Out Two Iridion Releases on Steam for PC Gaming
December 04 2019 - 9:00AM
Liquid Media Group Ltd.'s (the “Company”, “Liquid Media” or
“Liquid”) (Nasdaq: YVR) gaming division, through its subsidiary
Majesco Entertainment (“Majesco”), today announced the upcoming
launch of Iridion 3D and its sequel, Iridion II, December 12, 2019
on Steam for PC. Additional titles in Liquid’s Retro Reboot
initiative are slated to be announced as the Company advances
ongoing development and launch schedules.
“With the re-release of our two classic Iridion
games, Liquid is positioning itself as a player to watch in the
fast-growing retro gaming space,” says Daniel Cruz, Chief Financial
Officer and Co-Founder of Liquid Media. “Rapid change in the video
game industry creates new opportunities. With recent and upcoming
services such as Google Stadia and Apple Arcade driving the
subscription model, we see tremendous opportunity to monetize retro
IP while delivering great stories to gamers.”
Heralded for their boundary-pushing,
pre-rendered 3D graphics and soundtracks, the Iridion space fighter
shooter games will be available on Steam individually for USD$12.99
or as a package for USD$19.99. In 2000, the year Iridion 3D
launched, total revenue for the Global Video Game Industry was
USD$43 billion, with PC gaming accounting for USD$9 billion (or
21%); since then the market has more than tripled in size, reaching
USD$138.5 billion in 2018. With estimates reaching a possible
market size of USD$300 billion by 2025, Liquid continues sees to
see the explosive potential for the great intellectual property
(IP) in its gaming portfolio, with growing demand for both new and
retro titles.
The Iridion franchise* launched with Iridion 3D
as one of the premiere titles for the Nintendo Game Boy Advance
system in 2001, with estimated combined sales of USD$10 million. It
was soon followed by Iridion II in 2003. Both were well received by
players and critics, with special praise for the games’
leading-edge visuals, outstanding soundtrack, intelligent shootings
system and intuitive interface.
“We look forward to exploring other games in our
catalog for future re-release. Iridion 3D and Iridion II will now
reach new generations of gamers while giving retro-game-loving
consumers an opportunity to play them on contemporary platforms,”
says Jesse Sutton, CEO of Majesco Entertainment.
About Iridion 3D and Iridion
II
In Iridion 3D, a 3D-style rail shooter video
game, Earth is attacked by the alien Iridion, who gains control of
much of the planet’s surface and lay mines in orbit and bombs in
the Pacific Ocean. The game player is the pilot of the SHN-27
fighter, the last hope for defending Earth from the invasion fleet.
The player pilots the ship alone against a swarm of Iridion
fighters and natural obstacles. Gameplay takes place on land, in
water (the Pacific Ocean), in the stratosphere, and then on the
Moon.
The story continues in Iridion II, the scrolling
shooter video game, this time in the Iridion’s home galaxy. Set
hundreds of years after the events of 3D, the Iridion forces
return, attacking human colonies and cutting off communication to
Earth. Once again, a solo pilot must take control of the SHN-27,
and fight their way through five galaxies to once more save
mankind, and thwart the Iridion threat.
*Originally developed by Shinen
Entertainment
About Liquid Media Group
Ltd.
Liquid Media Group Ltd. (Nasdaq: YVR) is an
entertainment company with a strong portfolio of content IP
spanning creative industries. Originating in Vancouver’s media and
entertainment supercluster, Liquid’s mission is to empower
storytellers worldwide to develop, produce and distribute content
across channels and platforms.
Liquid Media’s leadership team includes Chairman
Joshua Jackson (actor / producer, television and
film), Chief Financial Officer Daniel Cruz
(previously of Canaccord Financial), Managing Director
Charlie Brezer (serial entrepreneur), Director
Stephen Jackson (Northland Properties) and Board
Member Nancy Basi (Executive Director, Vancouver
Media & Entertainment Centre). Each brings decades of industry
expertise and significant passion to advance the Company’s
mission.
Additional Information available at
www.LiquidMediaGroup.co
Further information:Daniel
CruzLiquid Media Group Ltd.+1 (416)
489-0092pg@liquidmediagroup.co
Media requests:Adam BelloMedia
& Analyst Relations ManagerPrimoris Group Inc.+1 (416) 489-0092
x 226media@primorisgroup.com
Cautionary Note
Regarding Forward-Looking Statements
This news release includes statements containing
certain "forward-looking information" within the meaning of
applicable securities law ("forward-looking statements"). These
statements should not be read as guarantees of future performance
or results. Such statements involve known and unknown risks,
uncertainties and other factors that may cause actual results,
performance or achievements to be materially different from those
implied by such statements. Such factors include, but are not
limited to: regulatory actions, market prices, continued
availability of capital and financing, and general economic, market
or business conditions. Investors are cautioned that any such
statements are not guarantees of future performance and actual
results or developments may differ materially from those projected
in the forward-looking statements. Forward-looking statements are
based on the beliefs, estimates and opinions of the Company's
management on the date the statements are made. The Company is
under no obligation, and expressly disclaims any intention or
obligation, to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as expressly required by applicable law.
Liquid Media (NASDAQ:YVR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Liquid Media (NASDAQ:YVR)
Historical Stock Chart
From Apr 2023 to Apr 2024