Media and Games Invest SE Licenses Blockbuster Asian Mobile Game Fantasy Town, Expanding Launch Pipeline

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DGAP-News: Media and Games Invest SE / Keyword (s): Miscellaneous
07.10.2021 / 15:10
The issuer is solely responsible for the content of this advertisement.

Media and Games Invest SE Licenses Blockbuster Asian Mobile Game Fantasy Town, Expanding Launch Pipeline

September 07, 2021 – Media and Games Invest SE (“MGI” or the “Company”, ISIN: MT0000580101; ticker M8G; Nasdaq First North Premier Growth Market and Scale Segment Frankfurt Stock Exchange) a has signed the exclusive license to the hit Asian mobile game Fantasy Town for Europe, North America as well as Australia and New Zealand through its gaming segment gamigo Group.

Fantasy Town is developed by Arumgames and is successful in Japan, Southeast Asia, and the MENA region. The game was in the Apple Store’s top 15 in the Casual Simulation category in Hong Kong and scored 4.7 out of five in Hong Kong and India, and 4.8 in Taiwan and Thailand.

Fantasy Town is a mobile farming simulation game, featuring a mix of exploration, role-playing (“RPG”) and adventure game mechanics. Players can build their city, produce and cultivate crops, trade goods, explore and defend their citizens from the evil trolls determined to cause damage and havoc from time to time.

The Fantasy Towns license is part of gamigo’s portfolio approach, which contributes to the substantial organic growth of the company. By building a strong launch pipeline, gamigo aims to reduce the risk of launching individual games through a diverse portfolio approach while regularly launching internationally successful games in markets where the company has a strong presence. Previously licensed games include titles like Heroes of Twilight and Golf Champions. As previously announced, gamigo continues to focus on licensing rather than risky new game development from scratch. Management expects more game licenses this year to significantly bolster the company’s organic growth by accelerating the pace of its portfolio expansion.

Fantasy Town will be released in North America, Europe, Australia, and New Zealand on iOS and Android devices in 2022. To learn more about Fantasy Town, please visit the Fantasy Town website (www. Https: // www.fantasy-town.com /).

Remco Westermann, CEO and Chairman of the Board of Directors of MGI: “Gamigo has become a privileged partner of the licensors: this is because the company not only has a long tradition of successfully publishing diverse and exciting online role-playing games such as Trove, Grand Fantasia and Aura Kingdom, but it now enjoys also greatly from the international marketing expertise and user acquisition power of our Verve Group media segment. With Verve Group within MGI, we can take full advantage of our high level of expertise and efficiency in the area of ​​user acquisition. This combination is unique in the market and makes us an attractive partner for developers. Due to the success of Fantasy Town in Asia and the fact that it is adapting to European and North American markets, we see great potential for the game.. “

Responsible parties

The information in this press release has been made public through the responsible persons listed below for publication at the time indicated by MGI’s news distributor EQS Newswire at the time of the issuance of this press release. The responsible persons below can be contacted for further information.

For more information, please contact:

Sören Barz
Head of Investor Relations
+49 170 376 9571
[email protected], [email protected]
www.mgi-se.com

Jenny Rosberg, ROPA, IR Stockholm contact
+46707472741
[email protected]

Axel Mühlhaus / Dr. Sönke Knop, edicto GmbH, contact IR Frankfurt
+49 69 9055 05 51
[email protected]

About Media and Games Invest SE

Media and Games Invest SE is a digitally integrated games and media company with a primary operational presence in Europe and North America. The company combines organic growth and synergistic value-generating acquisitions, demonstrating continued strong and profitable growth with a CAGR of 78% (2018 – LTM Q2’21). Besides strong organic growth, MGI Group has successfully acquired more than 30 companies and assets over the past 6 years. Acquired assets and businesses are integrated and, among other things, cloud technology is actively used to gain efficiencies and competitive advantages. The Company’s shares are listed on the Nasdaq First North Premier Growth Market in Stockholm and in the Scale segment of the Frankfurt Stock Exchange. The Company holds a covered bond listed on Nasdaq Stockholm and on the Open Market of the Frankfurt Stock Exchange, as well as an unsecured bond listed on the Open Market of the Frankfurt Stock Exchange.

The Company’s certified advisor on the Nasdaq First North Premier growth market is FNCA Sweden AB; [email protected], + 46-8-528 00 399.

Forward-looking statements

This press release contains forward-looking statements which reflect the Company’s current intentions, beliefs or expectations regarding and objectives regarding the future operating results of the Company and the group, the financial condition, liquidity, performance, prospects. , anticipated growth, strategies and opportunities and the markets in which the Company and the group operate. Forward-looking statements are statements that are not historical fact and may be identified by words such as “believe”, “expect”, “anticipate”, “intend”, “may”, ” plan “,” estimate “,” “,” should “,” could “,” aim “or” could “, or, in each case, their negative or similar expressions. The forward-looking statements contained in this press release, including the pro forma financial figures discussed therein, are based on various assumptions, many of which, in turn, are based on other assumptions. Although the Company believes that the expectations reflected in these forward-looking statements and pro forma financial figures are reasonable, there can be no assurance that they will materialize or prove to be correct. Since these statements are based on assumptions or estimates and are subject to risks and uncertainties, actual results could differ materially from those stated in forward-looking statements due to many factors. These risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this press release by these forward-looking statements. The Company does not warrant that the assumptions underlying any forward-looking statements in this press release (including pro forma financial figures) are free from error, and readers of this press release should not place undue reliance on any forward-looking statements in this press release. The forward-looking information, opinions and statements which are expressly or impliedly contained in this document speak only as of the date and are subject to change without notice. Neither the Company nor anyone else undertakes to review, update, confirm or publicly publish revisions to forward-looking statements to reflect events that occur or circumstances that arise in connection with the contents of this release, unless required by law. or the applicable stock exchange rules.

07.10.2021 Distribution of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this advertisement.

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