Officials from iGames Publishing have sent out a press release confirming that the company has not closed, after several online reports suggested that they had.
According to CEO Rich Bosch, “We have reorganized some of our top people, and are looking closely at our various enterprises, but we are in no way closing for business. We've taken a step back to reallocate our resources, and unfortunately in the process of doing so, have had to eliminate some positions.”
The company is currently supporting Savage: The Battle for Newerth
and Nosferatu: The Wrath of Malachi
. Further titles are promised throughout 2004.
Source: iGames Publishing