Jedi Mind in Negotiations With Top Gaming Programmers
CARDIFF, Calif., Aug. 6 /PRNewswire-FirstCall/ — Jedi Mind, Inc. (Pink Sheets: JEDM) announced today that the Company is currently in negotiations with top programmers to take Jedi Mind’s mind control gaming to the next level. Most of the individuals the company is in negotiations with are currently employed by “household name” gaming companies.
“Within the next few weeks we expect to be able to make significant announcements regarding our gaming department,” said Brent Fouch, CEO of Jedi Mind. “Since we have received so much exposure over the last couple of months, we have gotten the attention and interest from some high level programmers. It is very important for us to get the best programmers we can hire to build state of the art games for the Emotiv headset,” Fouch said.
Jedi Mind is in the early stages of development of thought controlled technologies, with the first round of games anticipated for release to the public in the next few months. Even though there is a recession in progress, the gaming industry continues to grow at an exponential pace. Annual sales reached $21.3 billion in 2008, which represented a 19 percent increase over 2007.
Filming of CNBC’s feature for Inside Business with Fred Thompson on Jedi Mind’s software applications for the Emotiv headset will begin this month. Air dates have not been established yet but are expected to start shortly after filing is complete. The feature will reach approximately 90 million viewers nationwide on CNBC and over a thousand other broadcast affiliates nationally and regionally.
In addition, Jedi Mind plans to sell the Emotiv headsets for a very competitive rate of $299 on their website within the next few weeks. Headsets have been selling at such a blistering pace that a significant backlog has developed. Jedi Mind will make an announcement as soon as headsets are available.
About Jedi Mind, Inc.
Jedi Mind, Inc. develops software for thought controlled technologies, allowing the user to interact with the computer and other machines through the power of the mind. The technology involves the use of a wireless headset, developed by our strategic partner, which detects brainwaves on both the conscious and non-conscious level. This revolutionary neural processing technology makes it possible for computers to interact directly with the human brain. The Company plans to create multiple video games that are controlled by the power of your mind, which will be sold individually or bundled with the wireless headset.
From time to time, the Company may issue news releases that contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be “forward-looking statements.” “Forward-looking statements” are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.
SOURCE Jedi Mind, Inc.