Los Angeles– August 21, 2007– SaySwap ( http://www.sayswap.com), the first video game social network that allows users to trade for new games at a small fraction of the retail or used cost, has partnered with casual games portal and developer Teagames, a wholly-owned subsidiary of FUN Technologies Inc. (TSX: FUN, LSE: FUN), to launch a co-branded version of the SaySwap platform. The platform launched today at Teagames.com ( http://teagames.sayswap.com).
SaySwap will power a comprehensive social video game shopping, trading and socializing platform for Teagames, one of the largest flash videogame properties in the world, with over four million monthly unique visitors worldwide (according to comScore Media Metrix, July’07). Teagames will leverage the SaySwap platform to facilitate video game trades for its members through a combination of trading tokens and purchase points (a virtual currency for each game).
Through the deal, SaySwap will provide a completely customized platform that enables Teagames users to create their own profile pages with the ability to create game trading lists (including all PS3, Xbox 360 and Wii titles). In addition, the SaySwap solution allows Teagames members to bypass the negotiation phase, since all games have a predefined value.
“Our white label solution is a huge boon to any video game or social networking community looking to add value to its users,” said Mark Elfenbein, founder of SaySwap.“With the cost of console video games ballooning to over $60 per game, we are pleased to offer a much more affordable solution.”
According to July 2007 U.S. comScore data, SaySwap.com is the largest social media trading community in the USA.
SaySwap is a vibrant social shopping network on the web for video game enthusiasts to trade video games, share cheats, and interact with one another in an online community setting. Created to trump the overpriced retail, used and auction game market, fans of video games can use SaySwap to trade the games they own but no longer play for the games they want to play but don’t own. In addition, users can set up customizable profile pages to share game tips, cheats and reviews of all their favorite titles. All shipping within the USA is free. SaySwap is based in Los Angeles, CA with offices in Minneapolis and Canada.
About FUN Technologies
FUN Technologies Inc. is one of the world's leading providers of online and interactive casual and fantasy sports games and sports information. FUN is 53% owned by Liberty Media Corporation (NASDAQ:LINTA, LCAPA), and FUN's common shares are listed on both the Toronto Stock Exchange and the AIM Market of the London Stock Exchange under the symbol "FUN." For more information on FUN Technologies' offerings, visit www.funtechnologies.com.