Artificial Life (PINK:ALIF)

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All Acquisition Activity Auditor trail CFO Trail Comments & Business Outlook Financials Investor Alert Joint Venture Liquidity Requirements Notable Share Transactions Resolution of Legal Issues

Monday, August 22, 2011

HONG KONG, Aug. 22, 2011 (GLOBE NEWSWIRE) -- Artificial Life, Inc., (Pink Sheets:ALIF), (http://www.artificial-life.com), today reported that Eberhard Schoneburg, Chairman and Chief Executive Officer of the Company, has substantially increased his beneficiary ownership stake in Artificial Life's common stock.

During 2011, Mr. Schoneburg so far acquired in total 6,767,071 new shares of the Company. This brings Mr. Schoneburg's total beneficiary shares owned in the Company as of today to 17,461,587 shares and increases his personal beneficiary ownership to 22.94%.

The new total number of shares outstanding as of August 22, 2011 is 73,510,068.

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