SOURCE: Amico Games Corp.

May 17, 2010 16:30 ET

Amico Games Corp. Reaches 23,876,906 Registered Users as of March 2010 for Its K-JAVA Mobile Phone Games

GUANGZHOU, CHINA--(Marketwire - May 17, 2010) -  Amico Games Corp. (OTCBB: AMCG), an information technology company specializing in developing and operating mobile phone multiplayer networked games, today announces that the number of its total mobile game registered users has reached 23,876,906 as of March 31, 2010. This is an increase of 1,384,180 new registered users from February of this year. Journey to the West Online, the company's newest game, experienced the highest percentage growth with 450,269 new users, a substantial increase of 21.95%.

According to statistics in Amico's database, the company's game registered users grew in March 2010, as shown in the following chart:

Cellphone Game Names Game Type Registered User Number as of Newly Registered Users Growth Rate
February 28, 2010 March 31, 2010
Miracle Journey to the West WAP* 17,027,554 17,752,054 724,500 4.25%
Fantasy Wulin WAP 3,414,207 3,623,618 209,411 6.13%
Journey to the West Online JAVA™** 2,050,965 2,501,234 450,269 21.95%
Total   22,492,726 23,876,906 1,384,180  

*WAP, Wireless Application Protocol, a wireless communications environment for delivering web data to mobile handsets with minimal screen display.
**Java™, a software and technology environment that has been specifically designed by Sun Microsystem to enable the development of applications on mobile devices.

"The growth in our K-Java game is inspiring for us and indicates that mobile game users more and more prefer playing high-quality games with better performance. A 21.95% increase is the largest growth in our games in 2010 and it increases our confidence to develop new mobile games with K-JAVA technologies with better game performance," commented by Mr. Peter Liu, Amico's President and CEO, "I believe that the increase in new users is directly related with our in-game upgrade in past months, which greatly improved the game environment and performance. We will continue to develop more games and better graphic performance to attract more users."

About Amico Games Corp.

Amico Games Corp. is a software company specializing in developing mobile phone games for the Chinese market. On December 31, 2009, Amico acquired Galaxy Software Limited is a Chinese private-owned company incorporated in November, 2001. Galaxy is one of the earliest mobile phone multiplayer game developers in China, as well as one of the first Chinese company to develop and operate Java™ MMRPOG (massive multiplayer role playing online games) mobile phone games. It is also the first company to provide multiplayer games over the WAP platform of China Mobile, the world's largest mobile phone provider based upon subscribers.

Further information on the Company can be found at www.sec.gov and the company's website at www.amicogames.com

Safe Harbor Statement:
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to Amico or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of Amico's products, the competitive environment within the industry, the ability of Amico to continue to expand its operations, the level of costs incurred in connection with Amico's expansion efforts, economic conditions in the industry and the financial strength of Amico's customers and suppliers. Amico does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties. 

Contact Information

  • Contact
    Investor Relations Office
    Tel: 1-877-331-8777
    Email: info@amicogames.com

    201 Spear Street, Suite 1100
    San Francisco, CA 94105
    USA