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Infinium Labs and Teague Reveal Development of Phantom Gaming System

    SARASOTA, Fla., March 30 /PRNewswire-FirstCall/ -- Infinium Labs, Inc.
(OTC Bulletin Board: IFLB) today announced it has signed an agreement with
Teague to continue design and development of Infinium Labs' Phantom Gaming
System(TM). The Seattle-based product design and development studio is
designing and building 3rd generation production prototypes and custom
peripherals which Infinium plans to exhibit at the Electronic Entertainment
Expo (E3) this May in Los Angeles.
    Teague will work under the direction of Infinium Labs Seattle-based
product development team, which is responsible for managing all aspects of
hardware and software development for the Phantom Gaming Service.
    "Infinium Labs selected Teague because of its extensive experience in
designing consumer electronics. Teague has proven to us that it has the design
and engineering program management resources, experience, and ability to
develop our Phantom Gaming System," said Ty Graham, Infinium Labs' Vice
President of Product Development.

    Infinium Labs is an innovative entertainment and interactive game company.
Infinium Labs has developed and is marketing its flagship product the Phantom
Gaming Service, a leading edge and intuitive gaming and content delivery
system designed to be the performance leader in the interactive entertainment
industry. Founded and managed by a management team with extensive experience
in interactive media, entertainment and technology, Infinium Labs is
developing a robust gaming system that appeals to a wide audience of consumers
and interactive gamers with its ease of use, quality assurance and real-time
delivery system. For more information, please visit http://www.infiniumlabs.com or
http://www.phantom.net.

    Safe Harbor Statement
    Certain statements included in this press release may constitute
forward-looking statements. Actual results could differ materially from such
statements expressed or implied herein as a result of a variety of factors
including, but not limited to: the development of the Infinium Labs
technology, the successful marketing and distribution of the Phantom Gaming
System, acceptance by the market of Infinium Labs, products and technology,
competition and timing of projects and trends in the gaming industry, as well
as other factors expressed from time to time in filings Infinium Labs will
make with the Securities and Exchange Commission (the "SEC"). As a result,
this press release should be read in conjunction with periodic filings
Infinium Labs' makes with the SEC. The forward looking statements contained
herein are made only as of the date of this press release, and Infinium Labs
undertakes no obligation to publicly update such forward looking statements to
reflect subsequent events or circumstances.

     Media Contact:
     James Roberts
     941-917-0788 ext. 222
     jroberts@infiniumlabs.com

    This release was issued through eReleases(TM).  For more information,
visit http://www.ereleases.com.


SOURCE Infinium Labs, Inc.




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Related links:
  • http://www.infiniumlabs.com
  • http://www.phantom.net
    CONTACT:
    James Roberts of Infinium Labs, Inc.,
    +1-941-917-0788, ext. 222, jroberts@infiniumlabs.com