Conspiracy Entertainment, a developer, publisher and marketer of interactive entertainment software in North America and Western Europe, announced today that the Company's highly anticipated gaming title for the Nintendo Wii "Cocoto Magic Circus" was shipped to U.S. retail stores.
"Cocoto Magic Circus," a mini game compilation developed by Neko Entertainment, was first marketed under the name "Cocoto Fun Fair" to Europe in 2006. Conspiracy gained the U.S. rights to develop the game for the Wii console under the name "Cocoto Magic Circus," which is currently being distributed through Conspiracy's agreement with SVG Distribution, Inc.
Featuring 40 mini-games "one more original than the next," "Cocoto Magic Circus" is an arcade-style shooter game focused on freeing a magical fairy. The game's four progressive modes -- Arcade, Training, Duel and Tournament -- can accommodate up to four players. "Families and their children nationwide are catching on to the recurring and loveable character Cocoto. The simple, cartoonish and fast-paced style of our latest release is ideal for children six years and up, and at its affordable price points, it is poised to add to sales in the first quarter of 2008," said Sirus Ahmadi, president of Conspiracy Entertainment.
Keith Tanaka, CFO of Conspiracy Entertainment, said, "The fourth quarter of 2007 was a very strong quarter in terms of the number of released titles and revenues, and we are continuing this aggressive growth trend in the first quarter of 2008. 'Cocoto Magic Circus' is the third title to be released in March. Combined with strong Wii: 'Winter Sports' sales, our new releases provide for significant sales growth in the first quarter of 2008, a significant turnaround from no revenues in the first quarter of 2007."