SINGAPORE– April 18, 2011– PlayFast, the technology company leading the transition to digital distribution for games, today announced a partnership with the Infocomm Development Authority of Singapore (iDA) where PlayFast will receive support from the government to grow its headquarters in Singapore. PlayFast currently has over 80 employees and continues to develop its proprietary technology that enables consumers to get into games 7-20 times faster than traditional downloads.
“Singapore is central to South East Asia and a hub for global trade around the world,” said Gene Berger, Head of International Operations for PlayFast.“With iDA’s new Connected Games Programme, we know that Singapore is serious about bringing online game companies and their operations to the country. This will enable us to work even more closely with regional partners that take advantage of the opportunity to do business in Singapore.”
PlayFast has technology that addresses the increasing size of game downloads, which is one of the greatest challenges for the online games market today. By having PlayFast headquartered and growing in Singapore, through a close relationship that has been established with iDA, we are working together to create more knowledge workers in the country with skill sets relevant to a fast growing, multi-billion dollar per year industry.
About PlayFast Technologies
Founded in 2008, PlayFast is leading the transition to digital distribution by addressing the current and emerging needs of consumers and content owners. The company’s proprietary technology enables consumers to get into games 7-20 times faster than traditional downloads. With an approach that enables new digital publishers to enter direct-to-consumer digital distribution, and existing publishers to fully realize the potential of the market, PlayFast is an essential partner for companies looking to maximize their digital revenues. For more information, please visit: http://www.playfast-tech.com
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International Digital Entertainment Agency