Brisio Innovations Announces Acquisition of Hit Game, Spermy's Journey, With Over 4 Million Downloads & Over 1 Million Instal...
02 April 2014 - 11:00PM
Marketwired
Brisio Innovations Announces Acquisition of Hit Game, Spermy's
Journey, With Over 4 Million Downloads and Over 1 Million Installed
Users
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 2, 2014) -
Brisio Innovations Inc. (CSE:BZI) (the "Company") is pleased to
announce that it has purchased all rights, intellectual property
and online assets associated with "Spermy's Journey, A Race To The
Egg!", an Android and IOS game app that has been one of the most
highly downloaded and played games on Android and IOS since its
release earlier this year. The Company paid the vendor $130,000 USD
as consideration for these assets.
About Spermy's
Journey:
According to AppAnnie.com, an app store market data tracking
website, Spermy's Journey reached the following daily ranks within
the past month (March 2014):
Google
Play |
|
Top 5 Overall downloaded app in
2 countries |
Top 10 Overall downloaded app in
3 countries |
# 1 App in Overall games in 3
countries |
# 1 App in Arcade games in 9
countries |
Top 5 Overall game in 10
countries |
Top 5 Arcade game in 21
countries |
Top 10 Overall game in 17
countries |
Top 10 Arcade game in 26
countries |
|
Apple
Appstore (iPhone) |
|
# 1 Overall downloaded app in 6
countries |
Top 5 Overall downloaded app in
17 countries |
Top 10 Overall app in 19
countries |
# 1 App in Overall games in 8
countries |
# 1 App in Strategy games in 21
countries |
Top 5 Overall game in 19
countries |
Top 5 Strategy game in 28
countries |
Top 10 Overall game in 21
countries |
Top 10 Strategy game in 40
countries |
Since its launch on the Google Play store on February 7th 2014
and the Apple App store on March 11, 2014, Spermy's Journey has
been downloaded over 4 million times and was a featured review on
DailyAppShow, which cites statements such as, "The Next Flappy
Bird", "Entertaining and funny", and "hilarious and highly
addictive" (1).
Spermy's Journey has generated $25,300 USD over the last 30 days
via in-app purchases and advertising revenue.
Spermy's Journey is available for download free at the Google
Play store at:
https://play.google.com/store/apps/details?id=com.sperminator.game
Spermy's Journey is available on iTunes at:
https://itunes.apple.com/us/app/spermys-journey-race-to-egg%21/id741293412?mt=8
Spermy's Journey is also available for Android users at:
http://apps.goodereader.com/games/android-games-casual/?did=29746
The Company is also pleased to announce that the developer of
Spermy's Journey, Mr. Brian Appell, will be joining the Company's
board of advisors. Mr. Appell is a veteran tech entrepreneur and
mobile app developer, and founder of Avalanche Mountain Apps, a
mobile application company that focuses primarily on creating games
for the iPhone, iPad and Android devices.
Brian Appell states: "I look forward to being a part of the
Brisio team and working with them to maximize the value of their
existing mobile app portfolio and to generate ideas to help grow
their stable of apps".
Paul Andreola, CEO of the Company, states: "In the last 90 days,
since changing our name to Brisio Innovations Inc. and launching
our new business plan focused on mobile app acquisition and
acceleration, the Company has successfully listed on the
tech-friendly Canadian Securities Exchange, completed 43 mobile app
acquisitions, increased its overall install base from 0 to almost
1.3 million and increased its combined daily downloads from 0 to
over 100,000. We have also entered into a letter of intent to
acquire an interest in the largest independent app store in Canada,
which, if completed, will allow us to increase exposure to our
growing portfolio of apps and help gain exposure for the thousands
of software developers trying to gain attention for their apps in a
very competitive marketplace. We feel these developments will put
us in the remarkable position for a new junior tech company of
being a cash flow positive business in the very near future".
"In all respects, we are ahead of our own aggressive schedule of
developing new value for our shareholders. With industry statistics
based on the recent acquisition of WhatsApp by Facebook and the IPO
of King Digital valuing each at over $40(2) and over $60(3) per
user respectively, the install base of over 1 Million users of
Spermy's Journey adds substantial value to the Company. Many of the
major app markets, such as North America and Asia, remain virtually
untapped and should be very strong prospects for future growth of
the Spermy's Journey game and franchise".
The additional value to the Company of being able to cross
market the other apps in our portfolio to the over 1 million active
users of Spermy's Journey make this latest acquisition invaluable
to our future growth and success".
Sources:
(1)
http://dailyappshow.com/2-5-million-android-install-game-spermys-journey-enters-apple-frontier
(2)
http://www.forbes.com/sites/ericjackson/2014/02/24/whatsapp-could-be-worth-100-billion-once-it-monetizes-like-its-asian-peers/
(3)
http://abcnews.go.com/Business/candy-crush-king-ipo-king-digital-enterainment/story?id=23055217
About the Company
Brisio Innovations is focused on the acquisition, development
and marketing of software applications for mobile computing
devices, such as smart phones, tablets, and wearable computers.
On behalf of the Board, |
|
Paul Andreola |
President, CEO and Director |
For more information on Brisio visit http://brisio.com/
Find Brisio Innovations on the CSE
http://www.cnsx.ca/CNSX/Securities/Diversified-Industries/Brisio-Innovations-Inc.aspx
Like Brisio on Facebook
https://www.facebook.com/brisio.innovations
Follow Brisio on Twitter https://twitter.com/BrisioApps
Connect with Brisio on LinkedIn
http://www.linkedin.com/company/3582550?trk=tyah&trkInfo=tas%3Abrisio%2Cidx%3A1-1-1
Disclaimer for Forward-Looking Information
Certain statements in this news release are forward-looking
statements, which reflect the expectations of management regarding
potential positive effects that the acquisition of Spermy's Journey
may have on the business of the Company. Forward-looking statements
consist of statements that are not purely historical, including any
statements regarding beliefs, plans, expectations or intentions
regarding the future, and include discussion of: (i) revenue
generating potential of the app; (ii) market potential for the app;
and (iii) the positive effects on the Company's business resulting
from the purchase of the app. Such statements are subject to risks
and uncertainties that may cause actual results, performance or
developments to differ materially from those contained in the
statements. No assurance can be given that any of the events
anticipated by the forward-looking statements will occur or, if
they do occur, what benefits the Company will obtain from them.
These forward-looking statements reflect management's current views
and are based on certain expectations, estimates and assumptions
which may prove to be incorrect. A number of risks and
uncertainties could cause the Company's actual results to differ
materially from those expressed or implied by the forward-looking
statements, including: (i) that app purchasers may cease or fail to
purchase the app; (ii) that potential growth is not as expected;
(iii) other factors beyond the Company's control. These
forward-looking statements are made as of the date of this news
release and the Company assumes no obligation to update these
forward-looking statements, or to update the reasons why actual
results differed from those projected in the forward-looking
statements, except in accordance with applicable securities laws.
Additional information about the Company is available in the
Company's public filings with Canadian securities regulators,
available on SEDAR at www.sedar.com.
Paul AndreolaPresident, CEO and DirectorPhone: (604)
644-0072www.brisio.com
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