Freeze Tag and Munzee Announce Licensing Agreement to Develop Augmented Reality Games

Tustin, Oct. 19, 2016 -- Freeze Tag (OTC: FRZT), a leading creator of mobile social games, has signed a licensing agreement with Munzee Inc., creators of Munzee products, the ultimate experience in geolocation based gaming.

“It’s a thrill to be working with Munzee, a worldwide phenomenon,” said Craig Holland, CEO of Freeze Tag. “We realized that we needed a world class partner to provide the GPS locations and expertise needed build an augmented reality game in the same genre as Pokemon Go where players search for real world locations to solve puzzles.”

According to management, Freeze Tag is currently designing several AR (augmented reality) games that will utilize the Munzee technology and location information to provide reliable and tested points of interest to players.  

“We’re excited to work with Freeze Tag by providing real world locations to play their AR games,” said Rob Varderman, President of Munzee Inc., “Our individual areas of expertise will blend together well to create enjoyable gaming experiences.”

About Munzee Inc.

With almost 5 million locations worldwide and hundreds of thousands of players, Munzee is a social platform that blends gamification, geolocation and marketing elements into an experience that rewards players for going places in the physical world. Utilizing QR code and GPS technology, Munzee is able to validate a person’s location and provide them points to level up in the various Munzee mobile applications. The Munzee suite of applications includes Munzee, our flagship product, Eventzee, a photo scavenger hunt useful for corporate training and trade shows, and WallaBee, an addictive collecting game with over 2,000 beautifully drawn digital cards. 

About Freeze Tag, Inc.

Freeze Tag, Inc. is a leading creator of mobile social games that are fun and engaging for all ages.  Based on a free-to-play business model that has propelled games like Candy Crush Saga to worldwide success, we employ state-of-the-art data analytics and proprietary technology to dynamically optimize the gaming experience for revenue generation. Players can download and enjoy our games for free, or they can purchase virtual items and additional features within the game to increase the fun factor. Our games encourage players to compete and engage with their friends on major social networks such as Facebook and Twitter. Founded by gaming industry veterans, Freeze Tag has launched several successful mobile games including the number one hit series Victorian Mysteries® and Unsolved Mystery Club®, as well as digital entertainment like Etch A Sketch®.  Freeze Tag games have been downloaded millions of times on the Apple, Amazon and Google app stores.

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