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12
Sep
2008

Red Lion Interactive Celebrates First Year Profit

Video Game Accessory Distributor Surpasses All Goals to Achieves First Year Profit. Nations Leading Provider of Wii, Xbox and PlayStation Peripherals Quickly Reaches the Top.


Los Angeles-Long Beach, CA (1888PressRelease) September 12, 2008 - Red Lion Interactive has announced that it has just celebrated its one year anniversary and has exceeded all its first-year business and financial goals even reaching profitability in its first twelve months. Launched in September 2007, the company has rapidly solidified its position as the leading distributor of video game accessories in the United States.

Founded by a team of industry veterans including Tom LaVoie, a former buyer for national retail chains, Red Lion Interactive is in a unique position to dominate the peripherals distribution arm of the video game industry. In a very short period of time, Red Lion has developed strategic partnerships with all of the leading manufacturers of video game accessories including PDP (manufacturers of the Pelican line of accessories); Mad Catz; Nyko; Penguin United; Teknocreations and Outrageous.

Stated Tom LaVoie: “With gamers spending over half a billion dollars on video game accessories last year in the United States, game peripherals have become a powerful niche market providing retailers significant profits and providing healthy growth for the supply chain.” Continued LaVoie: “With our experience in the video game industry, and with the trusted relationships we have developed with all of our business partners, we anticipate, and look forward to, significant future growth.”

About Red Lion Interactive
Red Lion Interactive was founded by a team of retail and distribution veterans with more than 30 years of collective experience in the video game industry. Launched by Tom LaVoie, a former retail buyer for national chains, Red Lion is quickly growing into one of the fastest growing providers of accessory distribution and product promotional support in the video game industry. Red Lion’s philosophy of integrity, commitment and trust is expressed in every aspect of its business culture as the company continues significant growth in its sector of the industry. Red Lion, which is located in Los Angeles, California, represents every major accessory brand and supports every gaming platform including Nintendo Wii™, Nintendo DS™, PlayStation™ 2, PlayStation™ 3, PSP™, Xbox 360™, and many more.

Please visit Red Lion at http://www.redlioninteractive.com or call (888) 432-8707. International calls: (+1) 323-214-8325

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