Arkadia Studios Announces Investment From One Of Entropia Universe’s Largest Private Landowners

[Cyrus Chen]

Singapore – 3/12/2010 - ARKADIA STUDIOS ANNOUNCES INVESTMENT FROM ONE OF ENTROPIA UNIVERSE’S LARGEST PRIVATE LANDOWNERS

Arkadia Studios is pleased to reveal that David Storey, one of Entropia Universe’s largest private landowners, is among the first round of investors in Arkadia Studio’s project, Planet Arkadia.

Known in the virtual world as Zachurm “Deathifier” Emegen, David created the Guinness World Record category for the Most Valuable Virtual Item in 2004 when he purchased Treasure Island!on Planet Calypso. But he hasn’t stopped there.

“Since then,” says Storey, “I have steadily expanded my virtual property portfolio such that it now encompasses a diverse assortment of creatures and locations.”

“When Arkadia Studios showed me their concepts and plans for Planet Arkadia I was highly impressed by their vision and enthusiasm for building this fantastic new virtual Treasure Hunting planet,” he says.“They are really creating an immersive and engaging entertainment experience.”

"The name ‘Deathifier’ is very well known throughout Virtual Worlds, particularly Entropia Universe,” says the CEO of Arkadia Studios, David Dobson. “We are very excited to have David on board as an investor. It is great to be backed by someone who fully understands the business we are in and who shares our vision."

Planet Arkadia is currently in development and is set to launch within the first half of 2011. People will be able to explore environments inspired by concept art from the renowned artist Feng Zhu whilst hunting for treasure amongst ancient ruins.

Follow Planet Arkadia
www.planetarkadia.com – Planet Arkadia Official Site
www.arkadiaforum.com – Official Forums
www.facebook.com/planetarkadia - Follow on Facebook
http://twitter.com/#!/planetarkadia - Follow on Twitter


About Planet Arkadia!Pte Ltd
Planet Arkadia Pte Ltd is based in Singapore and was founded in 2010 to bring the virtual world of Planet Arkadia to life. Additional information about Planet Arkadia Pte Ltd is available at http://www.arkadiastudios.com


About MindArk PE AB
MindArk develops, operates and provides Entropia Universe. MindArk is based in Gothenburg, Sweden and has 80 employees. Furthermore, MindArk develops, supports and monitors the services and maintenance of the Entropia Platform, the underlying technological and commercial applications that support the creation and operation of Entropia Universe. Additional information about MindArk PE AB is available at http://www.mindark.com.

ENTROPIA UNIVERSE®, ENTROPIA PLATFORM® and MINDARK® are registered trademarks of MindArk PE AB.

About Entropia Universe
Entropia Universe was launched in January 2003 and has grown to more than 950,000 registered accounts from over 200 countries or territories. It is the only virtual universe with a true Real Cash Economy (RCE). The currency, PROJECT ENTROPIA DOLLAR®!(PED®), has a fixed exchange rate of 10:1 with the U.S. Dollar. The business model is unique as it is based on micropayments, meaning that the client software is free to download from the Internet, and there are no monthly subscription fees, thus Entropia Universe provides a way for new players to immediately start exploring without having to deposit money. Virtual funds acquired in Entropia Universe can easily be exchanged and then withdrawn into real-world funds. The business model has been very successful; the 2009 turnover of Entropia Universe topped $422,000,000 U.S.D. For more information, visit http://www.entropia-universe.com.

Entropia Universe © 2010 is created and owned by MindArk PE AB. All rights reserved.
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[mastermesh]

bump because Arkadia is now live.