Glu Mobile (NASDAQ:GLUU)
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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.