GAMEVIL acquires Nine Wheels; takes equity investments in Everple and DBROS

Press Release: 

FOR IMMEDIATE RELEASE

LOS ANGELES, CA- October 8, 2013- GAMEVIL today announced that it has signed on to acquire Nine Wheels, and has taken equity investments into Everple and DBROS. The investments come as part of GAMEVIL's global expansion efforts as it looks to become the top mobile games publisher in the world.

Nine Wheels, Everple, and DBROS are all promising mobile game companies who have established a large following because of their in-game social network features. Nine Wheels' "Grape Valley" is a high-quality social network city-builder; Everple's "Monster Warlord" is a popular social monster collecting battle game; and DBROS' "Ocean Tales" is a social network city-building adventure game. GAMEVIL looks to work hand-in-hand with these developers to capitalize on their know-how and succeed in the global market.

"We're fortunate to have partnered with such a large and expanding mobile games publisher in GAMEVIL," stated Young Sun Kim, CEO Of Nine Wheels. "Going forward, we will do all we can to make use of our synergy and partnership to increase our competitiveness in the global market."

Through its investments and acquisitions, GAMEVIL has secured a solid line-up of high-quality titles. It has also bolstered its competitive edge by combining each company’s specialized developing know-how with GAMEVIL’s own global reach and live operations. GAMEVIL plans to further accelerate its global expansion efforts through continued, aggressive investments into companies, projects, and talent acquisitions.

About GAMEVIL

GAMEVIL®, with over 300 million game downloads and experience publishing hundreds of games on multiple platforms, is one of the most active and innovative mobile game companies in the world. Established in 2000 and with offices in Los Angeles, Tokyo, Beijing and Seoul, GAMEVIL is an experienced global mobile game publisher working with more than 70 top studios around the world.

With deep industry and regional knowledge, GAMEVIL has been able to craft numerous award winners through a diverse portfolio of games. Backed by unparalleled expertise in mobile, GAMEVIL continues to lead the sector with a commitment in establishing mobile gaming as a way of life.

GAMEVIL is currently listed on the KOSDAQ Market (Ticker: 063080, Bloomberg: 063080:KS, Reuters: 063080.KQ)

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