CMGE Signed Exclusive Agreement With TECMO KOEI GAMES CO., LTD. to Publish Mobile Game Uncharted Waters 5 in China
June 30 2014 - 6:01AM
China Mobile Games and Entertainment Group Limited ("CMGE" or the
"Company") (Nasdaq:CMGE), the largest publisher and a leading
developer of mobile games in China, today announced that it has
signed an exclusive licensing agreement with TECMO KOEI GAMES CO.,
LTD. ("TKG") to publish mobile game Uncharted Waters 5 in Mainland
China for three years.
Uncharted Waters has been the classic
simulation and role-playing game series on
adventurous sailings and explorations firstly published during the
year of 1990. The series up till Uncharted Waters 4 and
Uncharted Waters Online have been very popular with a large cult
following. After the release of Uncharted Waters 4 in 1999, it has
been 15 years until the launch of the Uncharted Waters 5. The
Uncharted Waters 5 will be released on PC, web-based and mobile
game versions.
TKG is a famous Japanese gaming software company founded in
1978, and best known for its simulation games based on history. The
series Nobunaga's Ambition, Romance of the Three Kingdoms, TaiKo
Risshiden, and Uncharted Waters are all created against the
backdrop of world history and their games have been very popular
among Chinese speaking areas in the world.
"As the first mobile game company listed on Nasdaq in China,
CMGE has extensive experience in mobile game publishing and
operating. In 2013, CMGE was ranked No.1 mobile game publisher in
terms of market share and successfully published many mobile games
with monthly gross billing over RMB10 million," said Xiao Jian, CEO
of CMGE. "We are dedicated to deliver competitive mobile games to
players and games developed by TKG with strong historical and
cultural background fulfill our target. We are delighted to
cooperate with TKG and look forward to more cooperation in the
future."
About CMGE
CMGE is the largest publisher and a leading developer of mobile
games in China with integrated capabilities across the mobile game
value chain. Its fully integrated capabilities include the
development, licensing, publishing, distribution and operation of
mobile games, primarily in China. Its social games are mainly
developed for Android and iOS-based smartphones. CMGE's extensive
distribution network includes its proprietary Game Center
application, handset pre-installations, application stores and web
platforms and mobile network operators. The offices are in
Guangzhou, Shenzhen, Beijing, Chengdu, Shanghai and Hong Kong. The
Company's stock is traded on NASDAQ under the symbol CMGE. For more
corporate and product information, please visit CMGE's website
at http://www.cmge.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," "confident" and similar statements. CMGE
may also make written or oral forward-looking statements in its
periodic reports to the U.S. Securities and Exchange Commission, in
its annual report to shareholders, in press releases and other
written materials and in oral statements made by its officers,
directors or employees to third parties. Statements that are not
historical facts, including statements about CMGE's beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of
factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: CMGE's growth strategies as well as
business plans; its future development, results of operations and
financial condition; its ability to continue to develop new and
attractive products and services; its ability to continue to
develop new technologies or upgrade its existing technologies; its
ability to attract and retain users and customers and further
enhance its brand recognition; the expected growth of and trends in
the mobile game industry in China; PRC governmental policies and
regulations relating to the mobile game industry in China; and
competition in the mobile game industry. Further information
regarding these and other risks is included in CMGE's annual report
on Form 20-F for the year ended December 31, 2013 and
other documents filed with the Securities and Exchange
Commission. All information provided in this press release and
in the attachments is as of the date of the press release, and CMGE
undertakes no duty to update such information, except as required
under applicable law.
CONTACT: For investor and media inquiries, please contact:
China Mobile Games and Entertainment Group Limited
Tel: +852 2700 6168
E-mail: ir@cmge.com
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