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LANGHORNE, Pa., Oct. 21, 2009 (GLOBE NEWSWIRE) -- Casual games publisher and developer eGames, Inc. (Pink Sheets:EGAM - News) announced today that it has sold the intellectual property rights related to its Cinemaware assets to an undisclosed buyer for $150,000 cash. This sales transaction will be reflected in the Company's fiscal quarter ending December 31, 2009, and will favorably impact those financial results because the book value of the related assets had been written down to zero during the year ended June 30, 2009.
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Topic: Cinemaware Assets sell for $150,000, after being written down to zero. (Read 1751 times)
