GUANGZHOU, China, Oct. 28, 2010 (GLOBE NEWSWIRE) -- Amico Games Corp. (OTCBB:AMCG) an interactive entertainment media company specializing in developing some of China's most popular massively multi-player online role-playing games (MMORPGs) for mobile phones, today announced its total registered users has increased to over 29 million.
According to Company records, registered users for all mobile phone games have reached 29,238,637 as of September 30, 2010. This figure includes 48 thousand registered subscribers of the Company's newest game "Journey to the West: deja vu", which was launched September 15th from the Company's recently activate game portal E-Ge-Ge.
The original installment of the "Journey to the West" series, "Miracle Journey to the West" continues to perform well. With a current subscriber base of more than 21.2 million, it accounts for 73% of the total registered user subscriber base.
"We are pleased with the demand for our newest game "Journey to the West: deja vu", which has exceeded our revenue forecasts for in-house distribution through our new game portal," said Mr. Peter Liu, CEO. "We are optimistic that the advanced graphics and features of our newest games will extend the life cycle of the series, and convert registered users of our earlier games. With the successful launch of our newest game, we are now ready to focus on expanding the selection of games from our portal with games developed by third-parties."
About Amico Games Corp.
Amico Games is a subscriber based interactive entertainment company with over 29 million registered users. The company develops massively multiplayer role playing online games (MMRPOG) based on Java™ technology for 3G telecommunication networks in China. The company created some of China's earliest mobile phone multiplayer games, was the first Chinese company to cooperate with Nokia and was the first company to provide multiplayer games over the WAP platform of China Mobile. Further information on the Company can be found at www.sec.gov and the company's websites at www.amicogames.com and .
Safe Harbor Statement
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to Amico or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of Amico's products, the competitive environment within the industry, the ability of Amico to continue to expand its operations, the level of costs incurred in connection with Amico's expansion efforts, economic conditions in the industry and the financial strength of Amico's customers and suppliers. Amico does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
CONTACT: Amico Games Corp. Investor Relations (310) 301-0082 IR@amicogamesus.com
