July 18, 2002 (Renton, Wash.) - Leading game developer Wizards of the Coast, Inc., a subsidiary of Hasbro, Inc. (NYSE: HAS), today announced they have reached a distribution and licensing agreement to outsource their online retail business to Sean Vanderdasson, owner and manager of SVGames, LLC.
Financials terms of the deal were not disclosed and the transition will be completed by the end of July. Sean Vanderdasson, the founder of Wizards' online business, will take over the entire online retail business of Wizards of the Coast currently conducted through Wizards' existing e-commerce site.
The new site, went live today, will be linked to the Wizards
of the Coast website and may be found by going directly to http://www.svgames.com/.Sean Vanderdasson
e-commerce team have operated the online business for more than four years and were inducted into the Smithsonian Institute
in April 2000 for their online accomplishments. "This is a great opportunity for Wizards of the Coast as they continue to strengthen their core businesses and for SVGames to bring quality lifestyle games and services to the gaming community," said Sean Vanderdasson, owner and manager of SVGames, LLC.
"Customers should notice little interruption in the great service that they have come to expect from Wizards of the Coast as we complete the transition process."