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Horizons: Tulga Buyout Approved

AdminAdmin Administrator RarePosts: 5,623
in News & Features Discussion

Artifact Entertainment Inc. and Tulga Games LLC announced today that the courts have approved the purchase of all Artifact Entertainment Assets by Tulga Games LLC.  The press release is below:


COURT APPROVES PURCHASE OF THE ASSESTS OF ARTIFACT ENTERTAINMENT BY TULGA GAMES LLC

December 16, 2004 Phoenix, AZ – The Honorable Sarah Curley, Chief Judge of the U.S. Bankruptcy Court, District of Arizona yesterday approved the Tulga Games LLC’s bid to purchase the assets of Artifact Entertainment Inc. Artifact Entertainment is the developer of the award-winning massively multiplayer online role-playing game (MMORPG) Horizons: Empire of Istaria, Tulga Games, LLC is a publisher/developer of digital entertainment.

Tulga Games' Managing Member, Chris Tulumello, said, "I am very pleased that Tulga Games' bid was accepted and approved by the court. Our bid provided a viable course to continue the Horizons franchise while developing new Massively Multiplayer Online Game titles. Very few organizations can boast a working technology that allows many concurrent users simultaneous gameplay in a persistent world. I believe very strongly in what the technology architects at Artifact have accomplished." Continued Mr. Tulumello, "Working with the team to plot a course for the future for both the game Horizons and the company is a high priority. All the assets included in this sale are very powerful and very valuable. The fan base and subscribers to Horizons have been very vocal that the indecision caused by Artifact’s filing of voluntary bankruptcy was a cause for concern; they have wanted to know what the future holds for them, I can see with great clarity that the future looks very bright. I, along with all the resources of Tulga Games, are committed to the long term story arc of this wonderful product."

Artifact Entertainment’s CEO and Creative Director, David Bowman, said, "Obviously we are extremely pleased with the courts decision that allows Tulga Games to complete the purchase of the assets of Artifact Entertainment. Among the many benefits of this purchase is the ability of the flagship product Horizons: Empire of Istaria to grow and prosper. This also allows Tulga the opportunity to develop new product based on the Evolution Engine, attract new investment and move the company forward."

- MMORPG.COM Staff -

- MMORPG.COM Staff -

The dead know only one thing: it is better to be alive.

Comments

  • studiobakerstudiobaker Member Posts: 50
    what a farse..  these people border on being commen criminals.. so much for the legal system
  • LuzonLuzon Member Posts: 15
    Umm... wtf... that statement borders on being criminally idiotic.

  • AdamarHammerfellAdamarHammerfell Member Posts: 3

    "This also allows Tulga the opportunity to develop new product based on the Evolution Engine, attract new investment and move the company forward."

    Bowman deserves a swift kick in the nuts for that (among other things)... Why on earth would any company want to build a game on an engine that cannot even run a craptacular game like Horizons at a decent framerate?

  • jamigrejamigre Member UncommonPosts: 280

    lol, what a bunch of dumbasses, dont they understand that HZ's profit model is baaaaaa-roke, not to mention that the intellectual assets are virtually inexistent. These tulga games people must be delusional if you ask me.

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    Currently Hooked on Anarchy Online n WoW Beta (Drool)
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    Check out my side project http://lfger.com/  - a mobile lfg tool for any game, any time. 
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  • paganbloodpaganblood Member Posts: 7

    imageimage

    i havebeen paying for this game for 5 month and havent been able to log in even to stop my acount,

    i have contacted trading stanadards about this too. it seems they cant do any thing .

    let hope withthisnew company i can log on and end my acoiunt 6o pounds for nothing is a pain in the ass,

     

  • ValorusValorus Member Posts: 235

    Well the first order of business is to fire Bowman. 

    David Bowman.... Your fired!

  • XanderZaneXanderZane Member Posts: 226


    Originally posted by jamigre

    lol, what a bunch of dumbasses, dont they understand that HZ's profit model is baaaaaa-roke, not to mention that the intellectual assets are virtually inexistent. These tulga games people must be delusional if you ask me.
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    Currently Hooked on Anarchy Online n WoW Beta (Drool)
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    Well, the people running Tulga Games used to work for AE. They are friends of David Bowman, so that should tell you something. The game could be fixed and run as smooth as WoW and I still wouldn't play it again. Due to all the lies and dishonest monthly charges that AE made to people that QUIT the game, I can't see anyone ever playing Horizons again. The management team is a joke!!

    Xander

    Xander

  • XanderZaneXanderZane Member Posts: 226


    Originally posted by Valorus

    Well the first order of business is to fire Bowman. 
    David Bowman.... Your fired!


    The first business of order is to delete all the servers and have all the developer quit and find new jobs. David B. can stay and do what he does best. Provide PR spin for something that's worthless.

    Xander

    Xander

  • BlastBlast Member Posts: 42

    and it is indeed worthless

  • jamigrejamigre Member UncommonPosts: 280

    Honestly, the game was doomed to fail once they got rid of David Allen, and changed the entire concept of the game way back when.

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    Currently WoWin' it up
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    Check out my side project http://lfger.com/  - a mobile lfg tool for any game, any time. 
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