Twofish, Inc. and VastPark Announce Twofish Elements™
License Agreement
VastPark Toolset to Integrate Twofish’s
Plug-and-Play Economic Engine
REDWOOD CITY, Calif. (Business Wire EON) April 3, 2008 --
Twofish, Inc., the first-of-its-kind economic platform provider for
online entertainment properties, today announced a licensing agreement
with virtual world platform developer VastPark for the Twofish Elements™
economic engine.
Twofish Elements is an exclusive technology that powers online economies
by allowing partners to simply and dynamically control banking and
inventory policies. By seamlessly integrating Twofish Elements
into its virtual world-building toolset, VastPark is extending this
unprecedented economic control to its end users. Once Elements is
integrated into VastPark, non-technical users will be able to create and
administrate their own currencies and virtual goods, setting fine-tuned
parameters for pricing, scarcity, and individual attributes about each
item.
“This is a new step in bringing economic power
to the masses,” said Bruce Joy, VastPark
founder and CEO. “We also see it as a
fundamental way for us to build value in our platform, as it allows for
the creation of realistic, responsive and highly customizable virtual
worlds.”
“This partnership with the forward-thinking
minds at VastPark will bring to life the innovative functionality of
Twofish Elements,” said Lee Crawford, founder
and CEO of Twofish. “For the first time,
everyday internet users can incorporate real economies into their
virtual worlds, providing a new level of depth and realism.”
Twofish Elements was conceived by Twofish founder and CEO
Crawford, whose unique expertise across game engineering (at Yahoo!
Games, Shockwave.com, and Segasoft Networks) and transaction processing
(Trintech, Inc.) has translated into industry-changing insights and
technology. Founded in December 2006, Twofish has been venture funded by
Venrock and Rustic Canyon Partners.
About VastPark
VastPark is a virtual worlds platform supporting an ecosystem of
creators, consumers and user-generated worlds. Built on five years of
research and development and focused on effective open standards,
VastPark features a highly distributed platform and free tools that
enable users to create and publish 3D virtual worlds quickly and easily.
Communities can create and monetize their own highly interactive worlds
and empower their users creativity. http://www.vastpark.com
For more information, log onto www.twofish.com
or visit www.vastpark.com.
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