Paradox Interactive Acquires Strategy Developer AGEOD

NEW YORK– December 17th 2009 - Paradox Interactive, the leading PC strategy publisher, announced today that it has acquired full ownership of AGE Studio, parent company of renowned French development studio AGEOD. This acquisition merges two titans of the strategy gaming community and adds a variety of upcoming titles to the expanding Paradox Interactive portfolio.

“We have played and enjoyed AGEOD’s titles for years and greatly respect what they have achieved as a development studio. We see this acquisition as an opportunity to make AGEOD’s titles accessible to a wider audience on the global market,” said Fredrik Wester, CEO of Paradox Interactive.“AGEOD will continue to operate as a self-run partner studio, with its own line of products based on the AGE-engine and its own development team while Paradox will assist with our publishing resources and networks,” Wester continued.

“This alliance will allow AGEOD to expand our audience and availability via Paradox’s worldwide network as well as obtain skills and expertise that our limited means prevented us to achieve on our own,” Philippe Thibaut, lead game designer and co-founder of AGEOD noted.“We will concentrate on our core expertise of product development and be able to offer our customers brand new strategy games as early as 2010, with the same level of care and dedication that we have for the past 5 years.”

Philippe Malacher, Head of Development and co-founder of AGEOD, added,“We are confident that, ultimately, all strategy game customers will be the primary beneficiaries of this partnership that will allow us to build more extensively on our past successes and on Paradox’s invaluable preponderance on the marketplace.”

The first title to release under this new alliance is Rise of Prussia, scheduled for a Q1, 2010 release. For more information, please visit www.ParadoxPlaza.com, follow us on twitter @pdxinteractive.com or join the commununity on our facebook fan page.

About Paradox Interactive

Since 1999, Paradox Interactive has been a leading global developer and publisher of PC-based strategy games. World-renowned for its strategy catalog, the company holds a particularly strong presence in the United States and Europe. Its steadily-growing portfolio includes originally developed titles such as the critically acclaimed Europa Universalis and the Hearts of Iron franchises, as well as publishing titles such as the Elven Legacy series, Mount&Blade and Majesty 2. Paradox stands poised to make an explosive entry onto consoles during 2010 with the release of Lead and Gold: Gangs of the Wild West. For more information, please visit www.paradoxplaza.com and follow @pdxinteractive on Twitter.

About AGEOD

AGEOD was founded in 2005 by industry veterans Philippe THIBAUT (orignal designer of historical strategy games Europa Universalis™, Pax Romana™ ,Great Invasions™ and World War One™) and Philippe MALACHER (creator of the AGE engine). Since its start, AGEOD has released the famous turn-based strategy titles Birth of America™, AGEOD's American Civil War™, Napoleon's Campaigns™, War in America™ and, on a different engine World War One, 1914-1918™. AGEOD's main goal is to offer players original cultural and gaming creations based on precise and serious research, with first emphasis placed on historical strategy games with original and innovative features. www.ageod.com

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