Industry Veteran Tim Christian Acquires Majority Shareholding In Visual Science
Tim's bought the Dundee-based developer (not the other way round).
January 13, 2005
[This unedited press release is made available courtesy of Game Developer and its partnership with notable game PR-related resource Games Press]
Visual Science | Following a successful two-year stint as non-executive Chairman at Visual Science, during which the company's revenues have grown almost four-fold, Tim Christian has acquired a majority shareholding in the company from its founder Russell Kay.
Christian will assume the role of CEO with immediate effect and brings a wealth of industry experience, strategic thinking and management direction to the company.
'The investment underlines my belief in the future of Visual Science. The current management team will continue in their present roles and it really is business as usual. I'm looking forward to working closely with Russell who can now concentrate firmly on the company's tools, technologies and overall game development' says Christian.
Russell Kay, now Chief Technical Officer says of the acquisition:
'I'm delighted that Tim accepted the offer to invest in the company and to join us as CEO. We now boast a highly regarded and very hands-on industry veteran to complement the existing management team.'
Prior to 2000 Christian was Managing Director of Microprose and Hasbro Interactive. In 2000 he left Hasbro to develop a number of interests both inside and outside the computer games industry. In addition to numerous games industry consulting activities, Christian co-founded Media Forensics, the industry's foremost royalty audit company. He is also co-founder of Data Genetics International - a rapidly growing IT forensics organisation.
Visual Science, one of the most successful independent developers in the UK, has experienced significant growth and success over the last few years. Further announcements are to be expected over the coming months.
--ENDS--
About Visual Science
Established in 1993 by Russell Kay sole PC programmer of the hugely successful LemmingsTM games, Visual Science is Scotland's leading independent video game developer specializing in the creation of AAA video games based on original or licensed properties for a variety of genres and platforms.
Visual Science offers a full in-house development solution on Playstation 1 & 2, Xbox, GameCube & PC. The Company has delivered and has under development a range of games for industry leading publishers including Electronic Arts, Sony Computer Entertainment, SCi and VU Games.
For more information please contact Kate at nudge on:
t: 0208 630 9214 m: 07801 442 733 e: [email protected]
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