Stillfront Group AB: China distribution deal for SIEGE: Titan Wars with Sky-mobi Limited closed
June 30, 2017
Simutronics' co-publisher Tilting Point closes China distribution deal for SIEGE: Titan Wars with Sky-mobi Limited
Stillfront's studio Simutronics is the developer of the thrilling mobile real-time player vs player strategy game SIEGE: Titan Wars. As a step towards the imminent global launch, Simutronics' co-publisher Tilting Point has closed a distribution deal with Sky-mobi, a leading mobile application platform and game publisher in China, with a reach of 80% of China's mobile gamers.
The term of the distribution deal is two years with an option to extend for one more year. The territories are China, Taiwan, Hong Kong, Macau. The distribution deal is made on market terms with revenues to be split between Stillfront's studio Simutronics, co-publisher Tilting Point and the distributor. Simutronics is awarded a minimum guarantee.
"I am very pleased with the distribution deal in China, Taiwan, Hong Kong and Macau. I am convinced SIEGE: Titan Wars has all the characteristics of a mobile strategy game with great potential," Jörgen Larsson, Stillfront CEO, comments.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
Jörgen Larsson, CEO at Stillfront
Phone: +46 70 321 18 00
Sten Wranne, CFO at Stillfront
Phone: +46 705 851258
Simutronics is one of the longest-running independent game development studios in North America. As a pioneer in massively multiplayer games, Simutronics has made persistent worlds that people continue to play today, as well as award-winning top grossing mobile games. Simutronics is based in St. Louis, Missouri, and its team consists of over 30 creative and enthusiastic people. www.simutronics.com
ABOUT TILTING POINT
Tilting Point is a new-generation games partner for top independent development studios. Tilting Point empowers developers with expert resources, services and operational support to give carefully selected games mainstream success. The company adheres to a core philosophy of putting development talent first, advancing industry-leading analytics, and overcoming discoverability hurdles with aggressive, best-in-class marketing. www.tiltingpoint.com
ABOUT SKY-MOBI LIMITED
Sky-mobi Limited is a mobile application platform and game publisher in China founded in 2005. Sky-mobi's ecosystem has generated more than 15 billion app downloads and over $300 million revenue for its partners. Sky-mobi's services include the smartphone ecosystem Maopao which has gathered 147 million users and 25 million daily active users, the best Chinese billing solution provider EasyPay, and the powerful publishing team MiYi game which covers 90% of the smartphone market and helps Western games embrace the Chinese market successfully. Sky-mobi has partnered with more than 30 game studios and publishers, such as EA, Glu, Vector Unit, RockHeadGames, 4:33, Genera Games, Behavior, INVICTUS. www.sky-mobi.com
Stillfront is a group of independent creators, publishers and distributors of digital games - with a vision to become the leading group of indie game creators and publishers. Stillfront operates through seven near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States, Babil Games in UAE and Jordan and eRepublik Labs in Ireland and Romania. Stillfront's games are distributed globally. The main markets are France, UK, Germany, the United States and MENA. For further information, please visit www.stillfront.com.
Stillfront's portfolio includes games across multiple platforms. Unravel, developed by Coldwood in collaboration with Electronic Arts, won 20+ awards at E3 and gamescom and was released in February 2016. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Lara Croft Relic Run(TM) is a popular mobile game developed by Simutronics. Tank Storm and Admiral are mobile strategy games with very strong player bases, which are published by Babil Games. World at War is a successful mobile strategy game developed and published by eRepublik Labs.
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This information is information that Stillfront Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.45 CEST on June 30, 2017.