Cube8.com PLC
10 May 2001
Cube8.com PLC
Cube8 acquires Freeloader from Pure Entertainment
Cube8.com PLC ('Cube8') is pleased to announce that it has acquired the
business of Freeloader.com from AIM listed Pure Entertainment Games PLC ('Pure
Entertainment').
Cube8 has purchased the business for £600,000 to be satisfied by the issue to
Pure Entertainment of 60,000,000 ordinary shares at 1p per share.
Speaking of the acquisition, Tim Dean-Smith, Executive Chairman of Cube8,
said: 'I think that the online gaming market has enormous potential, and we
look forward to taking the Freeloader business forward, and will seek to add
value through the skills and network of the Cube8 team'.
For further information please look at the company's website at www.cube8.com
or please contact:
Paul Munford, media strategy manager, Cube8
Tel: 020 7479 2787
E-mail: paulm@cube8.com
Tim Dean-Smith, Chairman, Cube8
Tel: 020 7479 2700
E-mail: tim@cube8.com
NOTES TO EDITORS:
Cube8 is a Technology, Media and Telecoms (TMT) investment company that
provides financial and intellectual capital to accelerate start-up and
early-stage businesses.
The Company concentrates its business in three key areas -consultancy and
agency services, investments and fundraising. The Company's shares commenced
trading on the Alternative Investment Market of the London Stock Exchange
(AIM) on 28 February 2000.
Paul Munford
Media strategy manager
Direct line: (020) 7479 2787
Mobile: 00 44 (0) 7970 673695
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