EX-99.1
11
igam8k72507ex99_1.htm
EXHIBIT 99.1
igam72507ex99_1.htm
EXHIBIT
99.1
Interactive
Games, Inc.
319
Clematis Street, Suite 703
West
Palm
Beach, Florida 33401
For
Immediate Release
July
26,
2007
For
Further Information Contact:
Barry
Hollander
(561)
514-9042
INTERACTIVE
GAMES COMPLETES ACQUISITION OF NUVO SOLAR ENERGY AND CHANGES NAME
TO
CHINA
NUVO SOLAR ENERGY, INC.
West
Palm
Beach, Florida -
Interactive Games, Inc.
(the "Company" or
"Interactive") (OTCBB:
IGAM
) announced today that it has
completed the acquisition of all of the issued and outstanding common stock
of
Nuvo Solar Energy, Inc. ("Nuvo") in a tax-free share
exchange. Concurrent with the closing, the name of the Company has
been changed to China Nuvo Solar Energy, Inc. Final effectiveness of
the transaction is subject to the filing of exchange documents with the
Secretary of State of Nevada, which is anticipated to occur within the next
24
hours. The Company is applying with the OTC Bulletin Board to effectuate the
name change and to change its stock symbol and will notify investors when that
change takes effect. The Company is also continuing to work on the
steps necessary to complete the spin-off, to shareholders of record on July
11,
2007, of its non-energy business as announced on June 29, 2007.
"We
are
very pleased to have this transaction completed and excited to move forward
in
the alternative energy sector for our stockholders", commented Interactive Chief
Financial Officer, Barry Hollander. "We believe the innovative Nuvo
solar technology offers great potential for a more expeditious and cost
effective alternative to current development and manufacturing methods".
China
Nuvo Solar Energy, Inc. (formerly known as Interactive Games Inc.) is a
development stage company that has acquired a license for exclusive worldwide
rights to a unique solar cell technology.
This
press release may include forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These statements are based on the Company's current
expectations as to future events. However, the forward-looking events and
circumstances discussed in this press release might not occur, and actual
results could differ materially from those anticipated or implied in the
forward-looking statements.
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EX - 99 . 1 11 igam8k72507ex99 _ 1 . htm EXHIBIT 99 . 1 igam72507ex99 _ 1 . htm EXHIBIT 99 . 1 Interactive Games , Inc . 319 Clematis Street , Suite 703 West Palm Beach , Florida 33401 For Immediate Release July 26 , 2007 For Further Information Contact : Barry Hollander ( 561 ) 514 - 9042 INTERACTIVE GAMES COMPLETES ACQUISITION OF NUVO SOLAR ENERGY AND CHANGES NAME TO CHINA NUVO SOLAR ENERGY , INC . West Palm Beach , Florida - Interactive Games , Inc . ( the " Company " or " Interactive " ) ( OTCBB : IGAM ) announced today that it has completed the acquisition of all of the issued and outstanding common stock of Nuvo Solar Energy , Inc . ( " Nuvo " ) in a tax - free share exchange . Concurrent with the closing , the name of the Company has been changed to China Nuvo Solar Energy , Inc . Final effectiveness of the transaction is subject to the filing of exchange documents with the Secretary of State of Nevada , which is anticipated to occur within the next 24 hours . The Company is applying with the OTC Bulletin Board to effectuate the name change and to change its stock symbol and will notify investors when that change takes effect . The Company is also continuing to work on the steps necessary to complete the spin - off , to shareholders of record on July 11 , 2007 , of its non - energy business as announced on June 29 , 2007 . " We are very pleased to have this transaction completed and excited to move forward in the alternative energy sector for our stockholders " , commented Interactive Chief Financial Officer , Barry Hollander . " We believe the innovative Nuvo solar technology offers great potential for a more expeditious and cost effective alternative to current development and manufacturing methods " . China Nuvo Solar Energy , Inc . ( formerly known as Interactive Games Inc . ) is a development stage company that has acquired a license for exclusive worldwide rights to a unique solar cell technology . This press release may include forward - looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 . These statements are based on the Company ' s current expectations as to future events . However , the forward - looking events and circumstances discussed in this press release might not occur , and actual results could differ materially from those anticipated or implied in the forward - looking statements . # # # #