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{{distinguish, Piranha Bytes, Piranha Games, Piranha Software Piranha Interactive Publishing, Inc. was an
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, United States software publishing firm founded in 1995 with seven principles. The business plan was to secure and publish third-party
developer Developer may refer to: Computers *Software developer, a person or organization who develop programs/applications *Video game developer, a person or business involved in video game development, the process of designing and creating games *Web deve ...
software, thus avoiding the high risk and cost of in-house development, and therefore passing on higher
royalties A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset o ...
to the licensed developers. The corporation secured several retail titles in both educational and entertainment genres in the first few years of operation. Early successes led to a successful multimillion-dollar
initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
(IPO) on
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in late 1997.


Software

Piranha Interactive's most successful published software title was '' RedShift 3'', an interactive
astronomy Astronomy () is a natural science that studies astronomical object, celestial objects and phenomena. It uses mathematics, physics, and chemistry in order to explain their origin and chronology of the Universe, evolution. Objects of interest ...
program that was the winner of the 1999 Codie "Excellence In Software" Award for "Best New Home Education For Teenagers and Adults." Some other Piranha titles included: * '' Air Blocks'' (
IBM PC The IBM Personal Computer (model 5150, commonly known as the IBM PC) is the first microcomputer released in the IBM PC model line and the basis for the IBM PC compatible de facto standard. Released on August 12, 1981, it was created by a team ...
) * '' Ancient Origins'' (IBM PC) (Macintosh) * '' Dead Reckoning'' (Windows) * '' Extreme Tactics'' (IBM PC) * '' Majestic Part I: Alien Encounter'' (
Hybrid Hybrid may refer to: Science * Hybrid (biology), an offspring resulting from cross-breeding ** Hybrid grape, grape varieties produced by cross-breeding two ''Vitis'' species ** Hybridity, the property of a hybrid plant which is a union of two dif ...
Windows Windows is a group of several proprietary graphical operating system families developed and marketed by Microsoft. Each family caters to a certain sector of the computing industry. For example, Windows NT for consumers, Windows Server for serv ...
/
Macintosh The Mac (known as Macintosh until 1999) is a family of personal computers designed and marketed by Apple Inc., Apple Inc. Macs are known for their ease of use and minimalist designs, and are popular among students, creative professionals, and ...
) * '' Morpheus'' (Hybrid Windows/Macintosh) * '' Planetary Missions'' (IBM PC) (Macintosh) * '' Preschool Mother Goose'' (Hybrid Windows/Macintosh) * '' Revenge of the Toys'' (IBM PC) * ''Skybase'' (IBM PC) (Macintosh) * '' Syn-Factor'' (Hybrid Windows/Macintosh) The company also published a number of compilations (or "Piranha Packs") of educational, productivity and entertainment titles.


Closure

The company continued operations until cash-flow problems forced it out of business in July 1999. Piranha Interactive Publishing did not file for Bankruptcy; rather, they closed their doors and liquidated their assets. The following press release was sent out and posted on the company's website:
Piranha Interactive Publishing, Inc. Terminates Operations For Immediate Release (July 9, 1999) Tempe, Arizona - Piranha Interactive Publishing, Inc. Piranha Interactive Publishing, Inc. announced today that it has ceased operations effective as of the close of business on Friday, July 2, 1999. The Company has been unable to generate sufficient cashflow from its operations to meet its expenses and has been unable to secure additional
working capital Working capital (WC) is a financial metric which represents operating liquidity available to a business, organisation, or other entity, including governmental entities. Along with fixed assets such as plant and equipment, working capital is consi ...
. The Company's securities were delisted from the Nasdaq SmallCap market as of the close of business on June 23. The lack of an active market for Company's securities drastically limited the Company's ability to secure additional capital. The Company is in the process of liquidating all remaining assets and the proceeds will be distributed to creditors. The Company's liabilities are far in excess of its assets. The final distribution to creditors is expected to be
de minimis ''De minimis'' is a Latin expression meaning "pertaining to minimal things", normally in the terms ''de minimis non curat praetor'' ("The praetor does not concern himself with trifles") or ''de minimis non curat lex'' ("The law does not concern i ...
.


Post-Closure

While Piranha completely closed operations in 1999 and is no longer extant, two of the former Piranha employees bought the licenses to some of the software titles and continue to publish them under a different company, Tiburon Interactive.Tiburon Interactive Publishing (http://www.sharkbyte.org)


References

:
Piranha Interactive Publishing Official Site
(archived) at
Internet Archive The Internet Archive is an American digital library with the stated mission of "universal access to all knowledge". It provides free public access to collections of digitized materials, including websites, software applications/games, music, ...
Publishing companies established in 1995 Video game companies of the United States Companies based in Tempe, Arizona