|
|
|
|
|
|
| Skillz's Tournament Platform Lets Gamers Compete for Cash in Glu's Skill-Based Games |
San Francisco, May 30, 2013 - (ACN Newswire) - 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 entered into a strategic relationship with Skillz to introduce skill-based, real-money gaming in certain Glu games. Glu Mobile will integrate the Skillz tournament platform into select Android titles, offering gamers the opportunity to compete in skill-based tournaments for cash prizes.
"The Skillz tournament platform allows us to reach a significant number of U.S. gamers interested in competing for cash prizes in their favorite skill-based Glu games," said Niccolo de Masi, Glu CEO. "We look forward to offering an entirely new multiplayer experience to our audience in the U.S.; an experience that we anticipate will improve user engagement, retention, and monetization."
Deer Hunter(R) Reloaded on Android will be the first Glu game to go live with Skillz-powered cash competitions. The most realistic and authentic hunting simulation game on mobile, Deer Hunter Reloaded has been downloaded by over 6 million users worldwide. Deer Hunter Reloaded for Android can be downloaded from Google Play and the Amazon Appstore. The parties expect that players of Deer Hunter Reloaded on Android will be able to compete in cash tournaments in 37 U.S. states by the end of the second quarter of 2013. Glu expects that Skillz tournaments will be available in additional Glu titles on Android during the second half of 2013.
"We make it easy to offer cash tournaments so studios like Glu can focus on creating the great games we all love to play," said Andrew Paradise, CEO and Founder of Skillz. "Cash tournaments make games more competitive and fun for players, which typically means more users, longer sessions and better ARPDAU."
Players over the age of 18 will have the opportunity to join in-game tournaments through the Skillz platform that result in cash prizes. Skillz will serve as Glu's exclusive tournament provider in the U.S., enabling cash competitions in Glu games in 37 U.S. states and the District of Columbia and free tournaments in all 50 U.S. states.
Cautions Regarding Forward-Looking Statements
This news release contains forward-looking statements, including that Glu intends to work with Skillz to offer players of certain Glu skill-based games on Android the opportunity to compete in tournaments for cash prizes; Glu anticipates that such functionality will improve user engagement, retention, and monetization; the parties expect that players of Deer Hunter Reloaded on Android will be able to compete in cash tournaments in 37 U.S. states by the end of the second quarter of 2013; and Glu expects that such tournaments will be available in additional Glu titles on Android during the second half of 2013. Investors should consider important risk factors, which include: the risk that one or more states may determine to prohibit real-money, skill-based tournaments or that state or federal regulators may conduct investigations into such tournaments, the risk that we do not realize the expected benefits from our strategic relationship with Skillz; and other risks detailed under the caption "Risk Factors" in our Form 10-Q filed with the Securities and Exchange Commission on May 10, 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 www.Facebook.com/glumobile.
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.
About Skillz
Skillz is the world's first and only cash and virtual currency tournament platform for skill-based mobile games. Skillz believes in making mobile games more fun for players while making game creation more lucrative for developers. Founded in March 2012, the company has offices in San Francisco and Boston. Skillz announced $1.3M in seed capital from Atlas Venture, Nextview Ventures and angel investors in November 2012. To learn more, visit www.skillz.com . Developers interested in Skillz tournaments can visit www.skillz.com/developers .
Media Contacts
Jason Enriquez
Glu Mobile Inc.
PR@glu.com
+1-415-800-6263
Molly Gerth
Skillz, Inc.
mgerth@skillz.com
+1-646-470-5527
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
Topic: Press release summary
Source: Glu Mobile Inc.
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
|
