Tulga Games announces it has completed its purchase of the assets of Artifact Entertainment, most notably the MMORPG HORIZONS: Empire of Istaria:

TEMPE, AZ –– 25 January, 2005 –– Tulga Games, LLC announced today that it has completed the purchase of the assets of Artifact Entertainment.

“We received approval by the U.S. Bankruptcy Court in mid –December to move ahead with the purchase, then proceeded to formally close the purchase,” said Mr. Chris Tulumello, founding manager of Tulga Games. “I’ve been saying for months now that I’m both a fan of the game and a strong advocate of the underlying technology. This purchase dramatically increases the value of Tulga Games and send a message of stability and longevity to current and future Horizons customers,” continued Mr. Tulumello.

Members of Artifact Entertainment’s development, technology and creative teams have been asked to join the new Tulga Games team and “the response to these offers has been overwhelmingly positive,” says Mr. Tulumello.