GROUNDBREAKING CEREMONY TO UNVEIL PLANS FOR PHANTOM PARK

CEDAR FALLS, Iowa - September 30, 2008 - Phantom EFX, Barmuda Corporation, and T8 Design broke ground September 26 on a new $4 million building project that will serve as their headquarters in the Cedar Falls Technology Park.

The 54,000-square-foot facility named Phantom Park will be located at the corner of Technology Parkway and Chancellor Drive and is scheduled for completion in spring of 2009. The facility will include professional office suites along with warehouse and light manufacturing space to accommodate Phantom’s and Barmuda’s Distribution operations. The company’s previous building on 209 Roosevelt St. was destroyed in the floods of 2008 and the companies have been forced to relocate since that time.

Darin Beck, manager for the project and owner and CEO of Barmuda MMC and Barmuda Distribution, is also a owner/partner in Phantom EFX and T8Design.“These new headquarters will allow the companies to grow and be a showcase facility for our national and global clients. I’m very excited that we have finally broken ground,” said Beck.“Phantom Park will be a world-class facility for us and will accommodate our growing companies for years to come.”

Founded in 1998, Phantom EFX is the leading game developer and publisher of interactive card, slots, and casino entertainment titles for PC and Mac. Phantom is also an intellectual property developer for casino gaming companies, the iPhone and other mobile platforms.


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