FOR IMMEDIATE RELEASE
San Mateo, Calif. - September 9, 2008– Glu Mobile Inc. (Nasdaq: GLUU), a leading global publisher of mobile games, today announced an agreement with DreamWorks Animation SKG, Inc. (NYSE: DWA) to develop and publish the mobile game to launch in conjunction with the March 2009 film release of“Monsters vs. Aliens.” The film reinvents the classic‘50s monster movie into an irreverent modern day action comedy.
“We’re excited to build on our relationship with DreamWorks to bring the mobile game based on this highly-anticipated film to mobile gamers worldwide,” said Jill Braff, senior vice president of global publishing, Glu Mobile.“The movie plot lends itself perfectly for a mobile game, and our production team is working closely with the DreamWorks team to bring the story and monstrously funny characters to mobile.”
Today’s announcement marks the second business collaboration between Glu and DreamWorks. Glu is developing and publishing the mobile game for“Madagascar: Escape 2 Africa,” which will launch worldwide in conjunction with the film’s U.S. premiere on November 7, 2008.
“Glu’s demonstrated success as a world-class developer and global publisher make them the ideal partner to bring‘Monsters vs. Aliens’ to mobile,” said Chris Hewish, Head of Interactive for DreamWorks Animation SKG.“We’re pleased to expand upon our relationship with Glu to create the mobile game based on this valuable property.”
The film includes an all-star cast including Reese Witherspoon as Ginormica, a larger-than-life woman, Hugh Laurie as Dr. Cockroach, Ph.D., Seth Rogen, as the jellylike B.O.B. and Will Arnett as the half-ape, half-fish Missing Link. Kiefer Sutherland will speak for General W.R. Monger and Stephen Colbert portrays the President of the United States.
For more information, visit www.glu.com.
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 partners including Atari, Activision, Konami, Harrah's, Hasbro, Warner Bros., Microsoft, PlayFirst, PopCap Games, SEGA and Sony. Founded in 2001, Glu is based in San Mateo, Calif. and has offices in London, France, Germany, Spain, Italy, Sweden, Poland, Russia, China, Brazil, Chile, Canada and San Clemente, Calif. 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.
Cautions Regarding Forward-Looking Statements
This news release contains forward-looking statements, including statements related to the anticipated release date of the Monsters vs. Aliens movie and mobile game and the Madasgascar: Escape 2 Africa movie and mobile game. 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 risks detailed under the caption“Risk Factors” in Glu’s most recent report on Form 10-Q filed with the Securities and Exchange Commission on August 14, 2008. 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.
About DreamWorks Animation SKG
DreamWorks Animation is principally devoted to developing and producing computer generated, or CG, animated feature films. With world-class creative talent, a strong and experienced management team and advanced CG filmmaking technology and techniques, DreamWorks Animation makes high quality CG animated films meant for a broad movie-going audience. The Company has theatrically released a total of sixteen animated feature films, including Shrek, Shrek 2, Shark Tale, Madagascar, Over the Hedge, Shrek the Third, Bee Movie and Kung Fu Panda. Madagascar: Escape 2 Africa opens in theaters on November 7, 2008 and Monsters vs. Aliens, the Company’s first film produced in 3D, is slated for a domestic release date of March 27, 2009.
Caution Concerning Forward-Looking Statements
This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company’s plans, prospects, strategies, proposals and our beliefs and expectations concerning performance of our current and future releases and anticipated talent, directors and storyline for our upcoming films and other projects, constitute forward-looking statements. These statements are based on current expectations, estimates, forecasts and projections about the industry in which we operate and management's beliefs and assumptions. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and other risks and uncertainties affecting the operation of the business of DreamWorks Animation SKG, Inc. These risks and uncertainties include: audience acceptance of our films, our dependence on the success of a limited number of releases each year, the increasing cost of producing and marketing feature films, piracy of motion pictures, the effect of rapid technological change or alternative forms of entertainment and our need to protect our proprietary technology and enhance or develop new technology. In addition, due to the uncertainties and risks involved in the development and production of animated feature projects, the release dates for the projects described in this document may be delayed. For a further list and description of such risks and uncertainties, see the reports filed by us with the Securities and Exchange Commission, including our most recent annual report on Form 10-K and our most recent quarterly reports on Form 10-Q. DreamWorks Animation is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.
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