LONDON -- Glu Mobile Inc. (Nasdaq:GLUU), a leading global publisher of mobile games, today announced a strategic partnership with Konami Digital Entertainment GmbH in which Glu will be the exclusive distributor for a wide range of Konami mobile games in Europe, the Middle East and Africa (EMEA), as well as in Australia and New Zealand.
The multi-year partnership leverages Glu's strong distribution in these regions, enabling Konami Digital Entertainment GmbH to distribute key properties to a vast audience of mobile consumers. The production of the titles will be led by Konami Digital Entertainment GmbH's mobile development facilities in Europe, and product lineup and details will be announced shortly. The first titles covered by the partnership will launch in the second half of 2007.
"Konami is one of the most respected creators of games for console and handheld platforms," said Kristian Segerstrale, managing director of Glu, EMEA. "We are delighted to extend the reach of Konami Digital Entertainment GmbH's highly successful titles to a new mobile audience across EMEA and Oceania."
"Glu's reputation and track record of creating hits on mobile made them the partner of choice for bringing our key titles to mobile gamers in these key regions," added Kunio Neo, President of Konami Digital Entertainment GmbH. "Our collaboration with Glu will ensure that the Konami games that people love will be quickly and easily accessible and available to as many consumers as possible."
For more information, visit www.glu.com.
About Glu Mobile
Glu (Nasdaq:GLUU) is a leading global publisher of mobile games. Its portfolio of top-rated games includes original titles Super K.O. Boxing!, Stranded and Brain Genius, and titles based on major brands from Atari, Harrah's, Hasbro, Microsoft, PlayFirst, PopCap Games, SEGA and Sony. Founded in 2001, Glu is based in San Mateo, California and has offices in London, Hong Kong, France, Germany and Brazil. Consumers can find high quality, fresh entertainment created exclusively for their mobile phones wherever they see the 'g' character logo or at www.glu.com.
About KONAMI CORPORATION
KONAMI CORPORATION was established in 1973, and became a holding company on March 31, 2006. KONAMI CORPORATION covers the fields of "Digital Entertainment Business", "Health & Fitness Business" and "Gaming & System Business". KONAMI CORPORATION went public on Tokyo Stock Exchange in 1988, the Singapore Stock Exchange in 1997, the London Stock Exchange in 1999, and the New York Stock Exchange in 2002. Home Page URL: www.konami.co.jp. Konami has enjoyed phenomenal success with its Japanese mobile game portals. Konami Digital Entertainment GmbH is a wholly-owned subsidiary, responsible for popular franchises like Metal Gear Solid(R), Silent Hill(R) and Pro Evolution Soccer(TM) amongst other top sellers. For more information concerning Konami Digital Entertainment GmbH and its products, please visit www.konami-europe.com/games. Its European mobile business started in 2004 and covers 46 territories. Since 2007 Konami Digital Entertainment GmbH is developing mobile content in Europe.
Cautions Regarding Forward-Looking Statements
This news release contains forward-looking statements, including statements related to the anticipated release dates of Konami mobile games. 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 Glu may fail to successfully execute on the partnership with Konami Digital Entertainment GmbH; the risk that the Konami mobile games may not be accepted by consumers as anticipated; and other risks detailed under the caption "Risk Factors" in Glu's most recent report on Form 10-Q filed with the Securities and Exchange Commission and the final prospectus for Glu's initial public offering filed with the Securities and Exchange Commission under Rule 424(b)(4) (Registration No. 333-139493). Glu is under no obligation, and expressly disclaims any obligation, to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
GLU MOBILE, GLU, SUPER K.O. BOXING!, STRANDED, BRAIN GENIUS and the 'g' character logo are trademarks of Glu Mobile. All other trademarks are the property of their respective owners.