Sammy Appoints New C.F.O.

Sammy Studios today announced that Rick Olafsson has been appointed to the position of chief financial officer. Rick's previous work credits can be traced back to Mattel, eParties.com and most recently - TheBrain Technologies where he respectively worked as a financial manager. Other positions also include The Walk Disney Company, AEW Capital Management and T. Rowe Price Associates.

"Rick is a phenomenal addition to Sammy Studios, filling a crucial role as we become a prolific video game publisher and developer," said John Rowe, president of Sammy Studios. "He has managed finance for global companies and created and implemented financial operations for high-tech entrepreneurial enterprises. His expertise is perfectly suited to our growing company’s needs."

With the success of <i>Guilty Gear X2</i>, Sammy's blockbuster sequel developed by Arc System Works, the timing couldn't be better for Rick who looks at [Sammy] growing in its size and scope of operations. "This company has a tremendous future as a powerhouse player in the video game industry, and I look forward to applying my background to help ensure that we reach that status."