Quest Online, LLC Publicly Addresses its Change in Leadership
Quest Online responds to public statements and lawsuit.
Phoenix, AZ (PRWEB) April 22, 2010 -- Quest Online responds to public statements and lawsuit.
In early March of this year, Quest Online officially announced the hiring of industry veteran Derek Smart to head the company and lead the team toward the completion of its upcoming game, Alganon. The move was made because the companys members and investors were determined to address several challenges related to the development and completion of its Alganon game.
"Since Smart has taken over leadership, the company has reduced overhead and streamlined operations and Alganon has also gained significant exposure in the gaming marketplace. "
In particular, the company, faced with disappointed investors concerned about significant losses, felt the company required new leadership and direction. The companys members also felt the prior administration, headed by Managing Member David Allen, prematurely released an unfinished Alganon product that exceeded anticipated budgets, contained an unacceptable level of performance issues, and failed to adequately distinguish itself from the competition.
For these reasons, the companys members desired a change in leadership. Derek Smart was, therefore, retained as company president to work with David Allen. Unfortunately, however, Mr. Smart and Mr. Allen disagreed about the companys direction, as well as the product itself. Consequently, the companys members, forced to make a decision between David Allen and Derek Smart, unanimously voted to remove Mr. Allen as managing member thereby leaving Derek Smart as President of the company. The companys other Managing Member, Gregory Wexler, who had not been responsible for the daily affairs of the company, remains as Managing Member and has been closely working with Mr. Smart to complete and release the game.
Since Smart has taken over leadership, the company has reduced overhead and streamlined operations and Alganon has also gained significant exposure in the gaming marketplace. Further, it has addressed game elements it believed were inefficient, ineffective, or otherwise unmanageable. It has upgraded Alganons interface, redesigned creative elements, improved its economy, modified game play and is confident it has created a product that will provide users with a unique and exciting gaming experience.
In regard to the change in leadership, Gregory Wexler opines We have worked diligently to right-size the company and chart a course that gives us an improved outlook. In these challenging industry and economic times, it takes experience, dedication and a proven track record to spearhead and launch any new property that is vying for gamer dollars. All the investors are in unanimous agreement that Smart's involvement continues to be invaluable to the company and indeed to the Alganon game. Alganon is now on track to completion, has gained significant exposure and Quest Online has garnered renewed confidence from its investors. We are all very excited about the new release.
While the unfortunate events that surround the departure of Mr. Allen from QOL have been widely publicized and resulted in a lawsuit filed by Mr. Allen (Maricopa County Superior Court under case number CV2010-010391) against the Company and several individuals, Smart, in response to the suit, states: Mr. Allens allegations are false and without merit. We intend to vigorously defend ourselves in Court and are confident of prevailing in the proceeding.
About Quest Online, LLC. Founded in early 2006, Quest Online, LLC (http://www.qol.com) is a privately funded LLC focused on the creation of next generation online games. The game's new website is on track to go live on April 26th; and the game is officially launching on April 28th. If you have any questions about the company, please contact Mr. Keith Cooper at the law firm of de la Pena & McDonald, LLP: (415) 227-4100 or via email at kcooper(at)dlpmcd(dot)com.
To read the latest guides, news, and features you can visit our Alganon Game Page.