Los Angeles - Video game publisher 505 Games announced on Monday that it has signed a deal with Olympic swimmer Michael Phelps to develop branded console and iPhone games. Development is underway on the first title, which 505 said may also include some of Phelps' teammates. The company also said it will donate a portion of proceeds to the Michael Phelps Foundation.

Related Links:
http://snipurl.com/8bucj

http://www.505games.co.uk