Nitro Games ingår nytt avtal med Avalanche Studios

Parterna har avtalat om att Nitro Games utvecklar en data stack för Avalanche Studios som förberedelse för  kommande soft launch av en icke namngiven titel.

Nitro Games har signerat ett nytt avtal med Expansive Worlds AB (”Avalanche Studios”) för att utveckla en data stack. Parterna har tidigare ingått ett avtal i juni 2019 gällande utveckling av ett mobilspel för Avalanche Studios, baserat på Avalanches IP.

Med detta nya avtal förbereder parterna en kommande soft launch av det spel som Nitro Games utvecklar åt Avalanche Studios. Data stacken är en samling verktyg och processer baserat på inkommande data och Nitro Games proprietära teknologi, NG platform. Ordervärdet är inte signifikant (€30,000) men har strategiskt värde då Nitro Games proprietära teknologi samt bolagets kompetens inom förläggarverksamheten utgör basen i överenskommelsen.

Detta pressmeddelande skickas även ut på engelska, vilket är Bolagets officiella  informationsdokument till marknaden och myndigheter och det dokumentet har företräde vid eventuell tolkning.

For more information:

Jussi Tähtinen, CEO & Co-Founder

Phone: +358 44 388 1071

Email: jussi@nitrogames.com

 

Sverker Littorin, Board member, IR Advisor

Phone: +46 70 875 53 09

Email: sverker.littorin@nitrogames.com

 

This company announcement contains information that Nitro Games Plc is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication by aforementioned contact person on 2 December 2019 at 17:45 (EET).

Nitro Games in brief:

Nitro Games is a free-to-play mobile game developer and publisher making games for the mid-core user segment. The Company focuses on producing competitive multiplayer games with high production value and high revenue potential for smartphones and tablets. With Nitro Games’ powerful NG Platform and NG MVP-process, the Company is able to do market validation during the development to ensure high product quality. Nitro Games has developed games such as Heroes of Warland, Medals of War, Raids of Glory, East India Company, Commander: Conquest of the Americas, Pirates of Black Cove. Nitro Games’ shares are listed on Nasdaq First North Stockholm with the ticker NITRO. The Certified Adviser is Augment Partners AB, info@augment.se, +46 8-505 65 172. www.nitrogames.com

About Avalanche Studios:

Avalanche Studios is the original creator of the award-winning Just Cause franchise (published by Square Enix) and the developer of Mad Max (published by Warner Bros. Interactive) and Rage 2 (published by Bethesda Softworks). As a publisher, Avalanche Studios has released theHunter: Call of the Wild, Generation Zero and the free-to-play service theHunter Classic which has reached more than 8 million players across 190 countries. Avalanche Studios was founded in 2003 and is based in Stockholm, New York City and Malmö. The studio develops games using its proprietary Apex technology, enabling huge open worlds filled with emergent gameplay. Learn more at www.avalanchestudios.com.

 

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