Nitro Games signs approx. 600,000€ Development Agreement
With this agreement, Nitro Games provides UK-based PC and console games developer (“Developer”) with game development prototyping services, using intellectual property by the Developer. This agreement follows Nitro Games’ strategy, where in addition to developing games based on its own IP, the company also offers its services to selected customers. Historically, Nitro Games has developed several successful projects for leading mobile gaming companies. The order value of this new agreement is approx. 600,000€. The agreement follows an industry-standard structure. The project will begin immediately and is expected to be completed in 2022.
“This project is a great opportunity for us to offer our mobile games prototyping and market testing services to a reputable developer known for their PC and console games. I’m looking forward to our collaboration.” says Jussi Tähtinen, CEO of Nitro Games.
For more information:
Jussi Tähtinen, CEO & Co-Founder
Phone: +358 44 388 1071
This company release contains information that Nitro Games Oyj is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication by aforementioned contact person on 28 July 2021 at 15:50 (EEST).
Nitro Games in brief:
Nitro Games is a free-to-play mobile game developer and publisher. Nitro Games team is a multinational group of mobile gaming professionals that has the expertise from development to publishing to live-operations. The Company focuses on producing mobile games with high production value for mid-core audience. Nitro Games is specialized in the category of shooter games. With Nitro Games’ powerful NG Platform and the NG MVP process, the Company is able to carry out market validation with its games during development. Nitro Games has developed games based on its own IP such as Lootland, Heroes of Warland, Medals of War, Raids of Glory. The company offers its services also to selected customers and has developed several successful projects for leading mobile gaming companies.
Nitro Games’ shares are listed on Nasdaq First North Growth Market with the ticker NITRO. The Certified Adviser is FNCA Sweden AB, firstname.lastname@example.org, +468 528 00399.
Finnish Business ID: FI21348196