Glu Mobile (NASDAQ:GLUU)
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Glu Mobile Inc. (Nasdaq:GLUU), a leading global publisher of mobile
games, today announced a strategic distribution agreement with Sony
Pictures Television International (SPTI). The agreement allows Glu to
distribute a number of existing and new mobile games on behalf of SPTI
in Europe, the Middle East, Africa, Latin America, Canada, Australia and
New Zealand.
Commenting on the agreement, Mike Wald, senior vice president, pay
television and new media distribution, SPTI said: “This
agreement with Glu is strategically important to us as we build our
digital distribution business. Mobile content, including mobile games,
is a core part of our business and we’re
delighted to leverage Glu’s distribution
expertise to extend the reach of our titles to mobile carriers around
the world.”
The first title to be distributed under the new agreement includes the
mobile game of the forthcoming movie, Hancock. The game was
produced by SPTI and will launch in June. Glu will also distribute the
new versions of the mobile hits, Wheel of Fortune and Jeopardy,
also produced by Sony. SPTI will continue to manage the development
and production of SPTI’s slate of mobile games
in line with signature Sony Pictures franchises.
“We’re proud to
partner with SPTI on this extensive distribution deal,”
said Greg Ballard, president and chief executive officer, Glu. “SPTI
offers world class brands and top-quality mobile games. This partnership
gives SPTI the global reach that its properties deserve and solidifies
Glu’s position as the independent partner of
choice for companies with global IP.”
For more information, visit 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, Calif. and has offices in London,
France, Germany, Spain, Italy, Sweden, Poland, Russia, Hong Kong, China,
Brazil, Chile, Canada and San Clemente, Calif. 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 release date of the first mobile
games under the new partnership. 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 risk that the mobile games described in this news release
may not be accepted by consumers as anticipated, the partnership between
Glu and Sony may not be as successful as anticipated, and other risks
detailed under the caption “Risk Factors”
in Glu’s most recent report on Form 10-Q
filed with the Securities and Exchange Commission under Rule 424(b) (4)
on May 15, 2008. 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 and the 'g'
character logo are trademarks of Glu Mobile.