“FUZZYEYES Soldiers On”

PUBLIC STATEMENT

3 December 2009

On 30th of September, FUZZYEYES has let go the majority of staffs as FUZZYEYES was confronted with number of challenges, including economic downturn and some legal complications. In order to reduce the operating cost during this problematic time, FUZZYEYES came to a difficult and unfortunate decision to reduce the number of staffs to a minimum.

On 5th of October, FUZZYEYES has struck a deal to sell portion of shares to a third party company. During this transition period, FUZZYEYES will temporarily seize further development on any project. However, FUZZYEYES is still in business and the office is still open. Until the transition is fully settled, FUZZYEYES will suspend all onsite development, but all out sourced development is still on going. FUZZYEYES will be back in full operation after the settlement, and a number of FUZZYEYES ex-employees has been offered a position in early 2010. Further details will be released once the transition has fully completed.

Lu, Wei-Yao

CEO of FUZZYEYES

About FUZZYEYES™

FUZZYEYES is amongst the freshest and most innovative game developers within the Australia/Asia Pacific region. Founded in 2001 with headquarters based in Brisbane Australia, FUZZYEYES focuses on developing original IP for video-gaming platforms.

http://www.fuzzyeyes.com


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