Paradox Interactive Opens New Studio for Mobile Game Development

New mobile-focused team to reside in Malmö

STOCKHOLM —  May 17, 2017  —  Paradox Interactive, a global developer and publisher of games on all platforms, today announced the opening of a new studio which will focus on mobile game development. The new studio will operate in Malmö, a city in southern Sweden, and will consist of a small team of experienced developers focused on bringing mobile gamers the kind of deep, challenging experiences the world has come to expect from Paradox.

Paradox’s new studio will join the city’s rapidly growing development community, working alongside such peers as Massive Entertainment and Tarsier Studios.

“Paradox is committed to exploring new territory in mobile game development, and I’m eager to lead that charge,” said Kim Nordström, SVP of Innovation and Mobile at Paradox Interactive. “Our plan is to  bring the iconic Paradox style to mobile players across a broad catalog of titles. To achieve that, it's important that we bring aboard the right people – people capable of delivering the kind of hardcore strategic titles we’re known for on PC. Games like  Prison Architect: Mobile  are just the beginning!”

“We chose Malmö because it has such a vibrant development community, and we know there’s plenty of talent to be found here,” said Susana Meza Graham, COO at Paradox Interactive. “In the coming months we are looking to add several new members to the team, both in Malmö and the mobile publishing team in Stockholm.”

For more information on how to join the Paradox mobile team, please visit  http://career.paradoxplaza.com/departments/mobile .

For additional information, please contact:

Fredrik Wester, CEO Paradox Interactive
Andras Vajlok, CFO Paradox Interactive
Email: ir@paradoxplaza.com
Phone: +4670-355 54 89

This information is information that Paradox Interactive AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication on May 17, 2017.

About Paradox Interactive

The Paradox Interactive group includes publishing and internal development of games and licensing of White Wolf’s brands. The publishing operation publishes both internally developed titles and titles developed by independent studios as well as music and books. The game portfolio includes more than 90 titles and Paradox Interactive owns the most important brands, including Stellaris, Europa Universalis, Hearts of Iron, Crusader Kings, Cities: Skylines, Tyranny and Magicka. From the start over ten years ago, the company has published its games all over the world, initially through physical distribution using partners, but beginning in 2006 has primarily distributed digitally using its own publishing arm. The development platform is primarily PC, but the company has released games on console and mobile platforms as well. The largest markets today include the US, UK, Germany, France, Russia and Scandinavia. Today, close to 1.5 million gamers play a Paradox game each month and the number of Paradox registered users exceeds six million.

Paradox Interactive AB (publ)’s shares are listed on Nasdaq Stockholm First North Premier under ticker PDX. Avanza Bank is the company’s Certified Adviser. For more information, please visit www.paradoxinteractive.com.

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