Gameloft Officially Advances to #1 Position Worldwide
07 February 2008 - 4:00AM
Business Wire
Already the #1 mobile games publisher in Europe & EMEA,
Gameloft, a leading developer and publisher of games for mobile
phones, today announced that it has risen to the top spot in the
international market for the fourth quarter ending December 31,
2007. The company posted Q4 sales of 25.8m� ($38.5 million) with an
annual growth of 40%, thus surpassing the announced results of its
competitors. �We have been out-performing our competitors and
growing faster than the market for quite a while now; our recent
number one position only confirms this long-running trend,� said
Michel Guillemot, president, Gameloft. �This market will grow at a
fast pace, with 4 billion consumers gaining access to our games by
2011. We will continue to strive for excellence and remain on the
successful path that pushed us to #1 in Q4.� Further driving the
market in 2008 will be the introduction of new and advanced devices
such as the iPhone, Ngage/OVI and Google Android. Gameloft is well
positioned to take advantage of these new handsets since it
currently supports well over 1,200 different handsets worldwide.
These devices will greatly impact the way mobile games are played
and make way for a new generation of mega-games that run on
powerful phones. Historically, Gameloft has been a prominent player
in the mobile gaming industry. Founded in 2000 by Michel Guillemot,
co-founder of Ubisoft Entertainment., the group has multiplied its
revenues by ten over the last four years. In 2006, it was named the
fastest growing company in Europe by BusinessWeek, and was among
the top 5 in 2007. Gameloft has been profitable since 2003. Already
the leading publisher in Europe, Gameloft continues to gain
worldwide marketshare thanks in part to its internal development
capabilities. That investment allows the company to support 1,200
different handsets in over 80 countries and across 180 carriers.
The company�s catalogue of games exceeds 200, and expects to
release between 70 to 80 games annually. About Gameloft Gameloft is
a leading international publisher and developer of video games for
mobile phones. Established in 1999, it has emerged as one of the
top innovators in its field. The company creates games for mobile
handsets equipped with Java, Brew or Symbian technology. The total
number of games-enabled handsets is anticipated to exceed two
billion units in 2008. Partnership agreements with leading
licensors and sports personalities such as Ubisoft Entertainment,
Universal Pictures, ABC, Dreamworks Animations SKG, Endemol, 20th
Century Fox, Viacom, Sony Pictures, Touchtone Television, Warner
Bros., FifPro, Lamborghini, Paris Hilton, Gus Hansen, Kobe Bryant,
Derek Jeter, Reggie Bush, Llewton Hewitt, Jonny Wilkinson or
Robinho allow Gameloft to form strong relationships with
international brands. In addition to the partnerships, Gameloft
owns and operates titles such as Block Breaker Deluxe, Asphalt:
Urban GT and New York Nights. Through agreements with major
telephone wireless carriers, handset manufacturers, specialized
distributors and its online shop, Gameloft has a distribution
network in over 80 plus countries. Gameloft has worldwide offices
in New York, San Francisco, Seattle, Montreal, Mexico, Buenos
Aires, Paris, London, Cologne, Milan, Madrid, Lisbon, Copenhagen,
Warsaw, New Delhi, Seoul, Beijing, Hong Kong, Tokyo and Sydney.
Gameloft is listed on Euronext Paris (ISIN: FR0000079600,
Bloomberg: GFT FP, Reuters: GLFT.PA) For more information visit
www.gameloft.com.
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