Suresh Productions and its associated companies comprising the famous Ramanaidu Studios and Spirit Media bring a wealth of experience, strategic alliances, and valuable intellectual property to the table.
Suresh Productions and its associated companies comprising the famous Ramanaidu Studios and Spirit Media bring a wealth of experience, strategic alliances, and valuable intellectual property to the table. Mr. Suresh Daggubati, Managing Director, Suresh Productions and Director, Spirit Media said "We are excited to be joining forces with FXLabs in helping it realize it's full potential in the global video-gaming market. We look forward to bringing a wide array of industry contacts and compelling properties to the table and helping the company grow!""FXLabs Studios is thrilled to be partnering with Suresh Productions, Ramanaidu Studios, and Spirit Media. We are anxious to fully utilize the broad range of assets and talents that they bring to the table!"; said Tony Garcia, CEO for FXLabs Studios Pvt. Ltd. "By combining our strengths and talent in the field of game development, with those of Suresh Productions, FXLabs is set to deliver some of the best and most compelling game products yet seen on the PC and videogame platforms"
"Tying up with one of the top film production houses in India gives FXLabs the backing it needs to become the leader in games for the Indian market" said Sashi Reddi, founder and Chairman of FXLabs Studios Pvt. Ltd. "While there are many mobile game providers, FXLabs will be the first serious developer of PC and console games for the worldwide videogame market"
According to PricewaterhouseCoopers report on the global outlook for entertainment and media the video game market in the United States, EMEA (Europe, Middle East, Africa), Asia/Pacific, Latin America, and Canada is expected to see an increase in revenue of $54.6 billion in 2009, growing at a 16.5 percent compound annual rate. Asia/Pacific, the largest market, at $10.1 billion in 2004, is projected to maintain its leadership, growing by 18.0 percent on a compound annual rate through 2009, reaching $23.1 billion.
FXLabs is already well into production of two world-class videogame products Inferno and Archie's Riverdale Run. Inferno, an action/horror game pits players against the denizens of the underworld as they make their way through an incredible array of visually stunning environments! Players fight a series of strange and other-worldly creatures, control up to four distinct characters, and are immersed in a compelling storyline and eerie soundtrack. Inferno is being developed at FXLabs production facility in Hyderabad and is scheduled for completion on the PC platform at the end of the year. Archie's Riverdale Run brings the world of Archie comics to life in full 3D for the very first time. Players can select from any number of their favorite Archie characters and explore the town of Riverdale, using a variety of vehicles and solving numerous puzzles and challenges. It's madcap Arcade-Action that is sure to please Archie fans all over the world. The game will be available for both the PC and Xbox and is scheduled for completion in early 2007.
