Company History
The founder and CEO, Tim Roberts, resigned in the summer of 2005 as the CEO but remained as the Chairman. He later resigned as Chairman of the Board in July 2007 to pursue other opportunities. Subsequent CEOs include Kevin Bachus (who took the post in August 2005), Greg Koler (in January 2006) and John Landino, who was appointed CEO and Interim Chief Financial Officer in July 2008.
In 2002, the startup company Infinium Labs issued a press release to all news outlets stating that they would soon release a "revolutionary new gaming platform" that would offer an on-demand video game service, delivering games via an online subscription. The press release contained no specific information, but did include a computer-generated prototype design. Due to the excessive use of buzzwords and a suspicious lack of details, the product was derided almost from the start by news sites such as IGN and Slashdot and the comic strip Penny Arcade. In an episode that gained wide publicity, the hardware and gaming site HardOCP researched and wrote an extensive article on the company and the operation, and faced a defensive lawsuit in turn. It also received the first place in "Vaporwares 2004" in Wired News.
In September 2006, the company, which by then had changed its name from Infinium Labs, promised to introduce its "Lapboard" product in November 2006, with a gaming service to follow in March 2007. In June 2008, the company released their Lapboard product.
In August 2007, Phantom Entertainment signed a deal with ProGames network to provide Lapboards and "Game Service Content" in hotels worldwide.
In 2009, Phantom Entertainment became a private company and focused on producing its Phantom Lapboard.
Read more about this topic: Phantom Entertainment
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