Beanbag Studios Formed

Steve Bergenholtz and Gary Corriveau, two game development veterans, have announced the formation of privately-owned Beanbag Studios, a new company which acquired a number of global videogame licenses and has four casual games in production for release this year. Beanbag anticipates completing over 20 original and licensed titles at its internal studio through 2008 while continuing to grow its development capacity to include cell phone and console titles. In addition, the company is seeking a partnership deal to assist with the distribution of its games and is open to investment opportunities.