Sorrent joint ses forces à l'éditeur mobile européen Macrospace
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LONDON et SAN MATEO, Calif.--(BUSINESS WIRE)—1er Décembre 2004--
Le partenariat donnera naissance à un leader mondial dans le domaine des jeux mobiles, avec une distribution combinée à plus de 90 opérateurs sans fil et 800 millions d'abonnés mobiles dans le monde entier
( BW)(CA-SORRENT/MACROSPACE) Sorrent Joins Forces with European MobilePublisher Macrospace
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LONDON and SAN MATEO, Calif.--(BUSINESS WIRE)--Dec. 1, 2004-- Deal Creates Global Leader in Mobile Gaming with Combined Distribution to More Than 90 Wireless Carriers and 800 Million Mobile Subscribers Worldwide
Sorrent, Inc., a leading creator and global publisher of mobileentertainment, today announced an agreement to acquire Macrospace, anaward-winning mobile games publisher based in London. Like Sorrent,Macrospace has built a reputation on creating innovative, high qualitymobile entertainment titles, including Fatal Force: Earth Assault,winner of the 2004 Mobile Consumer Choice award for best game. Theintegration of these companies will enhance Sorrent's global positionas one of the leading players in the mobile entertainment marketplace
Macrospace brings globally recognized licenses, advancedtechnology, superior original intellectual property, as well asestablished distribution relationships in Europe and Southeast Asia
Macrospace has also built a successful services division, with itsProvisionX service providing managed mobile games distributionservices to carriers and media companies globally. Today'sannouncement builds on both companies' successes in their home marketsof the U.S. and Europe respectively and leverages Sorrent's positionas one of the leading developers and publishers in the global marketfor mobile games
"Macrospace is one of the most highly regarded mobile gamingcompanies in Europe and is a true culture fit with Sorrent," said GregBallard, chief executive officer, Sorrent. "The company hasdemonstrated an unwavering commitment to quality. Their exceptionalmanagement team, innovative portfolio of games, and extraordinarytechnology and distribution significantly enhances our position inEurope and will be a substantial asset to Sorrent as we seek to becomethe leading mobile entertainment publisher in the world." Macrospace creates some of the most popular mobile games on themarket. The company has developed and published more than 40 mobilegames including award-winning original titles and third party brandsfrom licensing partners including Cartoon Network, Eidos, Square Enixand Celador International, creator of "Who Wants To Be A Millionaire(R)"In addition to publishing and developing mobile games, Macrospace alsobrings games distribution technology to the combined entity throughits ProvisionX managed mobile games service. ProvisionX gives wirelesscarriers the ability to offer mobile gaming content without having tomanage the solution internally
"This deal brings together two hugely talented companies to createa truly world-class organization across mobile games development,publishing and delivery," said Shukri Shammas, managing director ofMacrospace. "Sorrent has worked hard to create a fantastic portfolioof games like DRIV3R(TM), Atari's Deer Hunter(TM) and the FOXSports(TM) branded titles. We very much look forward to working withGreg and the rest of the team to take this new entity to even greaterheights as the market for mobile games continues to grow." Macrospace will continue operations in London under its currentmanagement team. Financial terms of the agreement were not disclosed
About Macrospace Macrospace develops and publishes mobile games and provides mobilegaming solutions for network operators, service providers, handsetmanufacturers, media companies and brand owners around the world
Macrospace products and services are available through more than 90carriers and 70 service providers, reaching over 700 million Java,BREW and i-mode subscribers. With expertise in single and multiplayergaming, web emulation and content provisioning, Macrospace is uniquelypositioned to offer complete end-to-end mobile gaming solutions
ProvisionX(TM), the company's fully managed provisioning solution, isthe most widely deployed Java download service worldwide. For furtherinformation, please visit www.macrospace.com
About Sorrent, Inc
Sorrent is a leading creator and global publisher of wirelessentertainment. Sorrent's critically-acclaimed content features singleand multiplayer games, based on original and licensed properties,including an award-winning suite of FOX Sports and Atari titles
Sorrent has developed a proprietary technology infrastructure thatdelivers graphically rich, fast-paced mobile games on more than 100Java and BREW-enabled handsets. With offices in San Mateo, Californiaand London, England, the company's extensive distribution networkincludes all of the U.S. wireless carriers, as well as some of thelargest carriers around the world. Founded in 2001, Sorrent hasattracted top tier venture capital firms including NEA, BA VenturePartners, Sienna Ventures and Globespan Capital Partners. For moreinformation, visit www.sorrent.com
Sorrent, Inc. is a trademark of Sorrent, Inc. FOX Sports is aregistered trademark of FOX Interactive Television, LLC. All othertrademarks are the property of their respective owners. DRIV3R underlicense from Atari, Inc. 2004 Atari, Inc. All rights reserved
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CONTACT:
Alta PR (for Sorrent)
Chris Clark, 415-503-3925
email: chris@altapr.com
or Barrington-Harvey PR (for Sorrent Europe)
Simon Smith-Wright, +44-1462-456780
email: Simon.Smith-Wright@bhpr.co.uk
or Macrospace John Ozimek, +44-(0)207-368-1122
email: john.ozimek@macrospace.com
KEYWORD: CALIFORNIA UNITED KINGDOM INTERNATIONAL ASIA PACIFICEUROPE
INDUSTRY KEYWORD: ELECTRONIC GAMES/MULTIMEDIA TELECOMMUNICATIONSSOFTWARE COMPUTERS/ELECTRONICS PHOTO PHOTOWIRE PRODUCT MERGERS/ACQ
SOURCE: Sorrent, Inc
PHOTO: 34597
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