FOR IMMEDIATE RELEASE
Los Angeles, February 29th, 2012 - Leading mobiles games publisher and developer, GAMEVIL emerges as a top competitor in the mobile gaming arena as they reach a monumental 100 million cumulative app downloads from smartphones. In August 2011, GAMEVIL announced their 50 million mark. Within six months, that number has doubled reflecting record growth and high prospects for the 2012 fiscal year. Their success can be attributed to multiple facets, but mainly relies on their internal flexibility and ability to adapt quickly to the ever changing mobile market trends.
Through their key success franchises such as the ZENONIA, Cartoon Wars, Baseball Superstars, and Air Penguin - GAMEVIL's downloads have increased exponentially through new users as well as their hardcore fan base. Also, through the GAMEVIL Partner Fund, GAMEVIL has set aside $10M to delve into third party publishing which has widened their grasp on the mobile market through an eclectic array of engaging products. By developing quality games that maintain high retention rates and user satisfaction, GAMEVIL has grown to become a reputable company through the past years.
Another significant contributor to the vast growth for GAMEVIL is their global growth. Recently expanding their Asian reach through their Japan headquarters as well as maintaining steady growth in the US, GAMEVIL has seen a 109% growth overseas in the 2011 fiscal year.
“Reaching 100 million downloads is a landmark for any mobile gaming company and we are so thankful to have such a strong fan base that has followed us through our multiple titles,” stated Kyu Lee, VP and Head of GAMEVIL USA, Inc. “We look forward to another successful year as we work hard to release new games that are fun, challenging and entertaining.”
GAMEVIL looks optimistic for the rest of the year which includes 40 new titles to the App Store and Android Market.
For more details, please visit www.gamevil.com.
GAMEVIL® is a premier mobile game publisher located in Seoul, Korea and Los Angeles, USA. Established in 2000, GAMEVIL® has earned a reputation as one of the best companies in the mobile games sector by crafting award winners in a diverse portfolio of games. GAMEVIL® is well known for revolutionizing the sector with its original and innovative mobile games, backed by unparalleled expertise in advanced mobile technology. As a world class leader in mobile games publishing, GAMEVIL® continues to lead the sector with a commitment to establish mobile as the definitive mass market entertainment platform of the world. GAMEVIL® is currently listed on the KOSDAQ Market (Ticker: 063080, Bloomberg: 063080:KS, Reuters: 063080.KQ)
GAMEVIL®, Baseball Superstars and ZENONIA® are registered trademarks of GAMEVIL Inc. in the U.S. and/or other countries.