Signature Devices Inc SDVI

SDVI Signs Agreement with Global VR

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Signature Devices Signs Agreement With Global VR for Another Stellar Title 2007-07-31 07:30 ET - News Release REDWOOD CITY, CA -- (MARKET WIRE) -- 07/31/07 Signature Devices, Inc. (PINKSHEETS: SDVI) (www.signaturedevices.com), a leading developer and publisher of advanced 3D interactive games and simulation technology, finalized negotiations with GLOBAL VR® (www.globalvr.com) to develop a new arcade game. The new game will be designed for the new VR4 stand-up arcade machines, and will be ready to ship later this year. "We are delighted that GLOBAL VR has selected us to develop another new coin-operated game for release later this year," commented Kenneth Hurley, CEO of Signature Devices, Inc. "We have proven success with Global VR, having recently completed development on 'Paradise Lost,' which just shipped in April and is already earning royalties for us." About Signature Devices, Inc.: Based in Redwood City, Calif., Signature Devices, Inc. (www.signaturedevices.com) (PINKSHEETS: SDVI) creates, develops and manufactures advanced information technology, including computer systems, software and electronics products. One of the company's premiere technologies includes a blend of hardware and software for Image generation technology used in video games and simulations. Signature Devices also owns Graffiti Entertainment, LLC (www.GraffitiEntertainment.com), a publisher of interactive entertainment software for advanced entertainment consoles. About GLOBAL VR: Founded in 1998 and headquartered in San Jose, California, GLOBAL VR® is one of the world's leading manufacturers of coin-operated video games based on home gaming technology. Through the development of proprietary technology, GLOBAL VR is able to leverage the massive investment in development of PC and console games by third party developers by making them suitable for play in out-of-home locations. Development agreements are in place with some of the world's leading game publishers including Electronic Arts, Ubisoft, and Atari. These agreements provide GLOBAL VR rights to create coin-op versions of popular home games such as EA SPORTS™ PGA TOUR® GOLF, Underground, NASCAR, Blazing Angels, Beach Head and Operation Blockade. In addition, GLOBAL VR also develops and manufactures products previously marketed under the UltraCade label including Global Arcade Classics and Ultrapin. More information on GLOBAL VR can be found at www.globalvr.com. Forward-Looking Statements: The information in this Press Release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law. Contacts: Investor Relations [e-mail] 650-654-4800 ext 111 https://www.signaturedevices.com GLOBAL VR® [e-mail] 408-597-3402