STILLFRONT GROUP TO ACQUIRE 29% OF EPOS GAME STUDIOS

Umea, Sweden, Jan 5th, 2012 - Swedish game developer, publisher & operator Stillfront Group is excited to announce a successful acquisition of 29% of Entertainment Products of Sweden AB (EPOS Game Studios). Stillfront Group also secured an option to increase to ownership to 51% in the future.

EPOS is a small high quality AA-development Studio with strong fully owned IPs like Crash Commando and another under development to be released later this year. EPOS was founded, owned and operating by Staffan Langin and Olof Gustafsson who represent a very strong record in the gaming industry in Europe by founding DICE, Scandinavia's most successful studio, today EA’s development studio with titles like Battlefield and Need for Speed and more.

‘We are excited to join Stillfront Group and be part of a bigger family. It has been our goal to develop a variety of titles for multiple platforms. Together we and Stillfront Group will be able to realize a much higher potential due to our unique combination and strengths of a strong and profitable IP and several high value distribution channels and platforms.’ says founder of EPOS Staffan Langin.

‘We are delighted to have EPOS Game Studios on board, they will be a great asset and value-add to Stillfront Group. Together we can create a tremendous opportunities with our joint experience in the industry to develop and publish more great games. We are looking forward to working with Staffan and his team.’ says CEO & Founder of Stillfront Group Jörgen Larsson. www.stillfront.com

About Stillfront Group

Stillfront Group´s Business concept is to develop, publish and operate online social games, console/handheld games and digital entertainment. The company has offices in Uppsala, Umeå Sweden and Hong Kong, China with more than 25 full-time employees. Stillfront Group’s online gaming branch is a pioneer online game developer specializing in creating Fan Immersion Games based on high profile IPs. Online activities also include social gaming community sites and MMO development. The console branch of the company Coldwood is producing blockbuster titles to the PS3, PC and Xbox platforms, with Publishers like Sony Entertainment.

For more information, please contact: Jörgen Larsson, CEO and Founder of Stillfront Group

jorgen.larsson@stillfront.com, Phone: +46 70 321 18 00

About EPOS Game Studios

EPOS Game Studios AB(Entertainment Products of Sweden AB) was founded in the summer of 2005 by Staffan Langin and Olof Gustafsson, two veteran game developers who also co-founded famed Swedish developer Digital Illusions (DICE), Scandinavia’s most successful studio, today EA’s development studio with titles like Battlefield and Need for Speed and more. The company goal is to assemble a talented team and produce cutting edge titles for a variety of platforms. Its initial game, an online shooter called Crash Commando for the PlayStation 3's PlayStation Network, was released on by Sony Entertainment Europe and received critical success.

For more information, please contact: Staffan Langin, CEO and founder of EPOS Game Studios staffan.langin@eposgamestudios.com, Phone +46 70 990 88 00  


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