ZOI Interactive Technologies to Acquire Tournament Games, Inc.

NASHVILLE, Tenn., Feb. 22 /PRNewswire/ -- ZOI Interactive Technologies, Inc., developers of interactive, web-based content, today announced the signing of the definitive agreement to acquire Lebanon, TN based Tournament Games, Inc. (http://www.tournamentgames.com/)

Founded in 1997, with over 285 million tournaments played, Tournament Games is a well established company with a recognized background as the first Internet skill-based tournament gaming platform. The acquisition of Tournament Games will allow ZOI to develop and deploy a wide variety of enhanced interactive skill games utilizing real-time data for the sports, horse racing and financial markets, while continuing to offer the traditional tournament skill games that have been the basis of Tournament Games' success.

As ZOI COO Safa Homayoon noted, "The deployment of these new games will allow ZOI to significantly broaden its player audience." The Tournament Games platform "becomes a crucial component of our patent-pending R.E.A.C.T. product as a key element of R.E.A.C.T.'s entertainment content", added CEO Michael Calderone. "This acquisition, which we expect to be completed in the next ninety days, provides tremendous opportunity for ZOI's advancement in the online games market."

Following the acquisition, Tournament Games founder and CEO James Pearson will serve as President of the Tournament Games division of ZOI, providing more than thirty years of experience in both the online and offline gaming industries.

About ZOI Interactive Technologies, Inc.

Headquartered in Nashville, TN, ZOI is a development-stage company that designs and implements interactive, web-based content, supported by advertising and end-user revenues. ZOI's patent-pending R.E.A.C.T. platform provides a venue for advertisers to engage active Internet users over long periods of time through various applications, including interactive games and lifestyle enhancement programs. R.E.A.C.T. helps advertisers offset the declining impact of traditional advertising by developing enhanced relationships with a wide range of potential customers in a highly-controlled and traceable environment. Additional information about ZOI and its products is available online at: http://www.zoitec.com/.