Glu Opens Studio in the People's Republic of China, Continues Global Expansion With New Offices in Italy and Spain
19 June 2007 - 10:30PM
Business Wire
Glu Mobile Inc. (Nasdaq:GLUU), a leading global publisher of mobile
games, today announced the opening of a development studio in
Beijing, and its continued expansion in the EMEA region with the
opening of offices in Milan, Italy and Madrid, Spain. Glu�s
expansion allows each regional office to work more closely with
both wireless operators and consumers to tailor activity according
to specific market needs. Glu has been selling mobile games in
Italy and Spain since 2004 and in China since 2005. �It has always
been our philosophy that our success as a global publisher depends
on addressing and serving the needs of regional markets.
Establishing a local presence in these key regions is critical to
our strategy as it will allow us to deepen relationships within
each market,� said Greg Ballard, president and CEO, Glu Mobile. �In
addition, we see tremendous opportunity in China, and establishing
Glu�s third development studio in Beijing will allow us to
strengthen our internal development and porting capabilities and
create content for both the western and Asian markets.� The Beijing
studio will be headed by Kim Daniel Arthur, formerly the head of
Glu�s studio in London. Arthur is highly respected for his
leadership and creativity and has led production of some of the
company�s most successful original titles such as Ancient Empires
and the current best-seller, Brain Genius. With the addition of
offices in Spain and Italy and Glu�s Beijing studio, the company
now has nine offices worldwide. Contact information for the new Glu
offices can be found on Glu�s website, www.glu.com. About Glu
Mobile Glu (NASDAQ:GLUU) is a leading global publisher of mobile
games. Its portfolio of top-rated games includes original titles
Super K.O. Boxing!, Stranded and Brain Genius, and titles based on
major brands from partners including Atari, Activision, Konami,
Harrah's, Hasbro, Warner Bros., Microsoft, PlayFirst, PopCap Games,
SEGA and Sony. Founded in 2001, Glu is based in San Mateo,
California and has offices in London, France, Germany, Spain,
Italy, Hong Kong, Beijing and Sao Paulo. Consumers can find
high-quality, fresh entertainment created exclusively for their
mobile phones wherever they see the 'g' character logo or at
www.glu.com. Cautions Regarding Forward-Looking Statements This
news release contains forward-looking statements, including
statements related to the anticipated success of Glu�s new
international offices. These forward-looking statements are subject
to material risks and uncertainties that could cause actual results
to differ materially from those in the forward-looking statements.
Investors should consider important risk factors, which include the
risks detailed under the caption �Risk Factors� in Glu�s most
recent report on Form 10-Q filed with the Securities and Exchange
Commission and the final prospectus for Glu�s initial public
offering filed with the Securities and Exchange Commission under
Rule 424(b)(4) (Registration No. 333-139493). Glu is under no
obligation, and expressly disclaims any obligation, to update or
alter its forward-looking statements whether as a result of new
information, future events or otherwise. GLU MOBILE, GLU, SUPER
K.O. BOXING!, STRANDED, BRAIN GENIUS, ANCIENT EMPIRES and the 'g'
character logo are trademarks of Glu Mobile. All other trademarks
are the property of their respective owners.
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