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5th Planet Games A/S — M&A Activity 2016
May 27, 2016
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M&A Activity
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Axe in Face2 gets pre-installed on Samsung No. 024-2016
Axe in Face2 gets pre-installed on Samsung No. 024-2016
Announcement no. 24/2016
Copenhagen, 27 May 2016
Axe in Face2 gets pre-installed on Samsung's upcoming C5
mobile device in China.
COPENHAGEN, May 27th. 2016. Hugo Games A/S (OAX: HUGO) a
mobile interactive entertainment developer and publisher of
mobile games is pleased to announce that Axe in Face2 will be
pre-installed on up-to 5 million new Samsung mobile devices
released in China in 2016.
Earlier this year Hugo Games entered into a publishing
agreement with one of Chinas leading mobile publishers of
foreign games, MyGamez who, together with Hugo Games, has
secured the promising agreement with Samsung.
Samsung will be debuting its new middle to high-end mobile
device C5, in early June 2016 and have been looking for 5
unique quality mobile games to be pre-installed on their new
mobile device prior to launch. Axe in face2 was chosen to be
one of the 4 quality game.
The agreement between Hugo Games, MyGamez and Samsung brings
together Hugo Games mobile game leadership with Samsung's
leading position in the cell phone market.
CEO Henrik Kølle: "This alliance is a result of Hugo Games
dedicated focus to strengthen its position in the rapidly
growing Chinese market and the ongoing work to make the
company's games visible in and on all obvious channels and
virtual platforms. Together with our Chinese partner,
Mygamez, we will continue to identify opportunities to get
our share of the growth in the Chinese market"
This announcement does not alter the previously announced
expectations to 2016, most recently communicated in the
Annual Report 2015.
Enquiries regarding this announcement should be addressed to:
Mogens Agger, Business Development Director & Licensing
Manager
Tel: +45 2098 4531
Mail: [email protected]