NEW YORK, Oct. 11, 2012 /PRNewswire/ -- Alliance
Distributors Holding Inc. (Pink Sheets: ADTR), a distributor and
developer of interactive video games and gaming products, today
announced that it has outsourced most of its warehouse and
fulfillment operations to Capacity, LLC, North Brunswick, New Jersey
http://www.capacityllc.com. Alliance will conduct its sales,
marketing and software development operations from new headquarters
at 127 West 26th Street, New
York City.
Jay Gelman, Chairman and Chief
Executive Officer of Alliance, said, "The key distinguishing
ingredients of our business are our marketing and sales, our
creative retail programing and our mobile product development. We
can now concentrate further on these aspects of our business with
the confidence that warehousing and fulfillment are being handled
superbly by Capacity. Our move to the Chelsea-Flatiron district of
Manhattan, a high-tech corridor,
will augment this advantage by allowing us to attract and retain
the personnel we want for the ongoing growth of our video game
business. The move will also enhance our mobile software
development work."
Jeff Kaiden, Founder and CEO of
Capacity, LLC, stated, "We are proud to partner with Alliance, a
company that continues to record excellent financial results in the
midst of a general industry slowdown. Further success by Alliance,
augmented by our efforts, will benefit both our companies."
About Alliance Distributors Holding Inc.
Alliance Distributors Holding Inc.
(www.alliancedistributors.com), which does business as Alliance
Distributors, is a full-service wholesale videogame distributor,
specializing in gaming products and accessories for all key
manufacturers and 3rd party publishers. Alliance Distributors
offers support on: PS3, PSP, PS2, X-Box 360, Wii, DS and GBA SP,
peripherals and software titles. Alliance develops downloadable and
social content video games through Metaversal Studios
(www.metaversalstudios.com), which it wholly-owns.
Safe Harbor
Certain statements contained in this press release contain
forward-looking statements including without limitation, statements
concerning our operations, economic performance, and financial
condition. The words "estimate," "believe," "expect,"
"should" and "anticipate" and other similar expressions generally
identify forward-looking statements, which speak only as of their
dates.
Investors are cautioned that all forward-looking statements,
which are based largely on our current expectations, involve risks
and uncertainty. Actual results, events and circumstances
(including future performance, results and trends) could differ
materially from those set forth in such statements due to various
factors, risks and uncertainties, including without limitation,
risks associated with technological change, competitive factors and
general economic conditions, including the related impact on
discretionary consumer spending, changes in marketing and
distribution strategies by manufacturers, continued shortages of
new platform systems, timely development and release of video game
products we produce, potential cost overruns in our development of
video games, ability to protect our intellectual property rights,
potential claims that we have infringed the intellectual property
rights of others, market acceptance of games we develop, ability to
realize anticipated benefits of acquisitions, potential
undiscovered liabilities of companies that we acquire, changes in
our business or growth strategy, the emergence of new or growing
competitors, various other competitive and technological factors.
There can be no assurance that the results referred to in the
forward-looking statements contained in this release will occur.
The Company has no duty and undertakes no obligation to update any
forward-looking information, whether as a result of new
information, future developments or otherwise.
SOURCE Alliance Distributors Holding Inc.
