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uWink Deregisters Common Stock

uWink Inc. has informed the Securities and Exchange Commission the company will voluntarily deregister its common stock and end federally-mandated reporting obligations. Unless the digital entertainment company withdraws its Form 15 or the SEC denies the application to deregister, the registration of uWink’s common stock under the Securities Act will terminate in roughly 90 days. Once uWink is deregistered, its common stock will no longer be quoted on the Over-the-Counter Bulletin Board. uWink owns and operates restaurants in Woodland Hills and Hollywood at which guests order through touchscreen video terminals at their tables. Guests can also play games and view material on the terminals while waiting for their food and drinks. uWink has also announced that on Feb. 13, it will spin-off its technology licensing business as a separate company.

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