Announcement to Support Future Product Growth
LOS ANGELES, March 31 /PRNewswire-FirstCall/ -- uWink, Inc.
(OTC Bulletin Board: UWNK), today announced the promotion of Ray Hibarger to
general manager of products. Supporting uWink's future product offerings, Mr.
Hibarger's new role includes Profit and Loss responsibilities as well as
control of uWink's product business worldwide. Formerly, Mr. Hibarger held the
executive vice president of Sales and Marketing position at uWink. His new
role strengthens uWink's ability to provide product expansion, direction, and
vision, and allows uWink to expand into new product areas.
"Ray's experience in the coin-op amusement industry, along with the
company's future vision made this role a logical next step," said Nolan
Bushnell, CEO of uWink. "We have a number of significant initiatives underway
in which Ray's strengths dovetail perfectly. His ability to be the link
between the various departments was one of the reasons he was chosen for this
new position."
Prior to uWink, Mr. Hibarger held top management positions over the past
30 years within the coin-op amusement industry. From 1972 to 1992, he founded
and served as CEO of Hanson Distributing Company, a 5-state regional
distributor of pay-for-play amusement devices. He personally negotiated and
consummated the first regulated sale of slot machines under the Indian Gaming
Regulatory Act of 1988. From 1990 to 1993, he managed the Western Hemisphere
operations of Australian slot machine manufacturer, Aristocrat, Inc. From 1993
to 2002, he was CFO and Executive Vice-president for Medalist Marketing Corp.,
a manufacturer of coin-op electronic dartboards. Mr. Hibarger received his
B.S. in Chemical Engineering from U.C. Berkeley in 1967 and achieved Ph.D.
Candidacy in Chemical Engineering from University of Minnesota in 1972.
"uWink has continually pushed the envelope when it comes to coin-operated
amusement entertainment, and I am completely invigorated by our product
roadmap," said Ray Hibarger. "Driving the product division towards future
growth, I am confident that our team can continue to expand the existing
product line, which is solid and extensible. I am honored to lead the product
division towards our goals."
Mr. Hibarger will also be responsible for day-to-day operations of the
product business. His experience with Asian manufacturing, coin-op machine
design, game design, and coin-op marketing provide him with the foundation and
understanding that is needed to oversee all aspects of the product division.
uWink, Inc. is a technology-based entertainment company focused on the
emerging medium of interactive mass-market digital entertainment. uWink is led
by Nolan Bushnell, the founder and former CEO of Atari Corporation and Chuck
E. Cheese's Pizza Time Theater. At uWink, Mr. Bushnell has focused his skills
on creating, developing and launching innovative consumer entertainment
concepts with broad mass-market appeal. uWink continues to expand its
installed base of entertainment platforms concurrent with the development of a
range of new concepts that target fresh market opportunities and applications.
For more information on uWink, visit http://www.uwink.com.
Forward-Looking Statements
The statements contained in this press release that are not historical are
forward-looking statements, including statements, without limitation,
regarding our expectations, beliefs, intentions or strategies regarding the
future. These statements, and other forward-looking statements, are not
guarantees of future performance and involve risks and uncertainties
including, but not limited to, the ability to react to quarterly fluctuations
in results; raise working capital and secure other financing; respond to
competition and rapidly changing technology; deal with market and stock price
fluctuations; and other risks as more fully described in uWink's periodic
filings with the Securities and Exchange Commission.
Contact:
Investor Relations:
Redwood Consultants
Jens Dalsgaard
415-884-0348
Media Relations:
Zimbida Public Relations
Alissa Bushnell
415-235-9532
Alissa@zimbida.com
This release was issued through eReleases(TM). For more information,
visit http://www.ereleases.com.
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SOURCE uWink, Inc.
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Related links:
http://www.uwink.com
CONTACT:
investors, Jens Dalsgaard of Redwood
Consultants, +1-415-884-0348; or press, Alissa Bushnell of
Zimbida Public Relations, +1-415-235-9532, or Alissa@zimbida.com,
both for uWink, Inc.
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