HPIL Holding announced that the company has signed an MOU with the World Traditional Okinawa Karate Federation –The World Karate Governing Body (WTOKF) with the intention for HPIL to design and develop a Karate-based Video Game with WTOKF providing technical expertise. The WTOKF will market the Karate Game to its entire membership. HPIL will offer the Karate Game to various markets.