Glu Mobile Expands Real-Money Gambling Portfolio with Probability
(Thomson Reuters ONE) -
Glu Mobile Expands Real-Money Gambling Portfolio with Probability
* New Contract Killer mobile slots game launches in the UK
* Glu and Probability to co-develop White Label, Glu-IP-branded mobile casino
suites
San Francisco, Calif. - May 1, 2013 - Glu Mobile Inc. (NASDAQ: GLUU), a leading
global developer and publisher of freemium games for smartphone and tablet
devices, today announced that the company has expanded its real-money mobile
gambling portfolio to include a new Contract Killer mobile slots game and has
begun development on Glu-IP-branded mobile casino suites. All products will be
created in conjunction with Probability, a leading technology provider to the
mobile entertainment gambling industry in the UK. Contract Killer Slots is
immediately available to Probability customers in the UK and Glu-IP-branded
mobile casino suites are expected to be available by Q3 2013.
"We were pleased with the initial player response to Samurai vs. Zombies Defense
Slots and continue to see a significant long-term opportunity in the mobile
real-money gambling market," said Niccolo de Masi, Glu CEO. "Our relationship
with Probability allows us to offer high-quality mobile casino products in the
UK and we look forward to extending these offerings as additional markets adjust
regulations."
"Our strategic relationship combines Glu's popular social gaming IP with
Probability's innovative real-money mobile games," said Charles Cohen,
Probability CEO. "We look forward to addressing the growing audience of players
enjoying real-money gaming on mobile devices."
Glu-branded real-money mobile casino suites will be delivered through
Probability's White Label program, and will feature intellectual property from
Glu's catalog of original IP. In addition to Probability's slots games, Glu
casino suites plan to also offer Blackjack, Roulette, and Bingo.
The launch of the Contract Killer Slots marks the second real-money game Glu and
Probability have published through the companies' strategic relationship. The
mobile slots game features intellectual property from Glu's most popular
franchise of all time, Contract Killer, and is made available to mobile real-
money gamers in the UK through Probability's distribution network. Originally
launched in March 2011, Glu's Contract Killer freemium franchise has been
downloaded over 40 million times worldwide.
Glu original IP-branded casino games join Probability's portfolio and plan to be
offered through their network to gambling operators such as Paddy Power, William
Hill, 888 and to Probability's 'White Label' partners. In addition to leading
industry knowledge and technical expertise, Probability provides a comprehensive
operational role to Glu, with all games being delivered through their existing
gambling licenses.
###
Cautions Regarding Forward-Looking Statements
This news release contains forward-looking statements, including that Glu-IP-
branded mobile casino suites are expected to be available by Q3 2013; we see a
significant long-term opportunity in the mobile real-money gambling market; we
look forward to extending our real-money gambling offerings as additional
markets adjust regulations; we look forward to addressing the growing audience
of players enjoying real-money gaming on mobile devices; and our expectation
that Glu's original IP-branded casino games will be offered as part of the
Probability portfolio and will be offered through their network to gambling
operators such as Paddy Power, William Hill and Probability 'White Label'
partners. These forward-looking statements are subject to material risks and
uncertainties that could cause actual results to differ materially from those in
the forward-looking statements. Investors should consider important risk
factors, which include: the risk that real-money mobile gaming does not grow as
significantly as we anticipate or does not expand to additional markets; the
risk that consumer demand for smartphones and tablets does not grow as
significantly as we anticipate or that we will be unable to capitalize on any
such growth; the risk that we do not realize the expected benefits from our
strategic relationship with Probability; and other risks detailed under the
caption "Risk Factors" in our Form 10-K filed with the Securities and Exchange
Commission on March 15, 2013 and our other SEC filings. You can locate these
reports through our website at http://www.glu.com/investors. We are under no
obligation, and expressly disclaim any obligation, to update or alter our
forward-looking statements whether as a result of new information, future events
or otherwise.
About Glu Mobile
Glu Mobile (NASDAQ:GLUU) is a leading global developer and publisher of freemium
games for smartphone and tablet devices. Glu is focused on creating compelling
original IP games such as CONTRACT KILLER, GUN BROS, DEER HUNTER, BLOOD & GLORY,
and SAMURAI VS. ZOMBIES DEFENSE on a wide range of platforms including iOS,
Android, Windows Phone, Google Chrome, and MAC OS. Glu's unique technology
platform enables its titles to be accessible to a broad audience of consumers
globally. Founded in 2001, Glu is headquartered in San Francisco with a major
office outside Seattle, and international locations in Canada, China, and
Russia. Consumers can find high-quality entertainment wherever they see the 'g'
character logo or at www.glu.com. For live updates, please follow Glu via
Twitter at www.twitter.com/glumobile or become a Glu fan at
Facebook.com/glumobile.
About Probability
Probability is the leading technology provider to the mobile entertainment
gambling industry in regulated markets. We offer a B2B 'White Label' solution
to provide access to our network via 'Probability Managed' and 'Partner Managed'
services, and B2C 'Own Brand' solutions via Moobile Slots and Lady Lucks. The
business was founded in 2004 and is headquartered in London, UK.
Gambling services are operated by Probability Gibraltar Ltd. a wholly owned
subsidiary of Probability PLC, which holds a remote gambling licence from the
Government of Gibraltar. Probability Games Corporation Ltd. is licenced by the
UK Gambling Commission. Probability PLC floated on the London Stock Exchange in
2006 and is listed as PBTY. Probability entered into the Italian mobile gambling
market in 2012, when it acquired the B2B provider Playyoo SA.
Current clients include Rank Group, 888, William Hill, Paddy Power and more.
www.probability.co.uk
CONTRACT KILLER, GUN BROS, DEER HUNTER, BLOOD & GLORY, SAMURAI VS. ZOMBIES
DEFENSE, GLU, GLU MOBILE and the 'g' character logo are trademarks of Glu Mobile
Inc.
Media Contacts
Jason Enriquez Investor Relations - Glu Mobile
Glu Mobile Inc. Seth Potter
PR(at)glu.com IR(at)glu.com
+1 (415) 800-6263 +1 (646) 277-1230
Emma Potter Investor Relations - Probability
Probability Square1Consulting
Emma.potter(at)probability.co.uk David Bick
+44 207 092 8836 david.bick(at)square1consulting.co.uk
+44 (0)20 7929 5599
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Glu Mobile Inc. via Thomson Reuters ONE
[HUG#1698480]
Unternehmensinformation / Kurzprofil:
Datum: 01.05.2013 - 22:15 Uhr
Sprache: Deutsch
News-ID 255306
Anzahl Zeichen: 8565
contact information:
Town:
San Francisco
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 161 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Glu Mobile Expands Real-Money Gambling Portfolio with Probability"
steht unter der journalistisch-redaktionellen Verantwortung von
Glu Mobile Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
