SOURCE: Imperus Technologies Corporation

Imperus Technologies Corporation

January 15, 2015 07:00 ET

Diwip Ltd.'s Newly Launched Social Slot App Surges to Number One on USA Apple Store

Imperus (TSX VENTURE: LAB) Scheduled to Close Diwip Acquistion January 30th

TORONTO, ON--(Marketwired - January 15, 2015) - Imperus Technologies Corp. ("Imperus" or the "Corporation") (TSX VENTURE: LAB) (FRANKFURT: ISX) is pleased to announce that Diwip Ltd. ("Diwip") released its popular Best Casino Social Slots on the iOS App Store in the United States earlier this month. As at January 14th, Diwip's social slots app was first overall in the App store daily charts under the "Casino" category in the United States. As at January 14, 2015, the app also surged to seventh overall in the "Games" category daily charts in the United States, ahead of such popular titles as Candy Crush.

To date, Diwip has generated a majority of its revenues from similar games on a desktop platform. Diwip's entry into the mobile market with its popular titles will provide Diwip access to a rapidly growing mobile gaming sector. Diwip anticipates that its future growth will primarily include expansion within the mobile gaming sector.

Daniel Kajouie, President and CEO of Imperus noted: "It is exciting to witness the successful launch of Diwip's social slots in the iOS App Store in the United States. Mobile gaming has been growing exponentially and Diwip's successful launch of its popular desktop game on iPhones in the USA is a very promising development. We look forward to seeing Diwip release this title on other mobile platforms such as Android's Google Play store in short order."

Imperus executed a share purchase agreement dated October 14, 2014, as amended, with Diwip and its shareholders pursuant to which Imperus will acquire all of the issued and outstanding shares of Diwip. The closing date is scheduled for January 30th, 2015.

About Imperus
Imperus Technologies Corp. specializes in the convergence of social networking, mobile gaming, and real money gaming and is the developer of CASINA, an award winning social gaming software platform. The Corporation's wholly owned subsidiary, Vast Studios, specializes in the development and delivery of hidden object games, having delivered 18 titles to date, of which 8 are classified "collector's editions."

CASINA, the Corporation's flagship product developed for social, mobile, and monetized gaming, is considered to be the first true social network built for the online gaming market providing audiences with a product differentiator from a social interaction perspective, and is on track to host one of the most substantial and innovative portfolio of games. CASINA is scalable, modular, with the capability to expand integrations without limitation, while supporting third-party game integrations, cashier support, customer support, social networking, and backend operator support. For clients operating within fully regulated markets, CASINA offers a turnkey solution, including a full commerce application and back office suite.

With experienced social gaming leadership and development teams, Imperus looks to leverage the anticipated growth in regulated, real-money, social, mobile and online gaming through the application of the social graph and the gamblification of social games.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SPECIAL NOTE REGARDING FORWARD-LOOKING INFORMATION

Completion of the Diwip acquisition transaction (the "Transaction") is subject to a number of conditions, including TSX Venture Exchange ("TSXV") acceptance and other approvals. The Transaction cannot close until the required approvals are obtained and all other conditions are satisfied or waived. There can be no assurance that the Transaction will be completed as proposed or at all.

This press release contains certain statements or disclosures relating to Imperus, the performance of Diwip, its entry into the mobile market, its games and apps and the completion of the Transaction that are based on the expectations of Imperus as well as assumptions made by and information currently available to Imperus which may constitute forward-looking information under applicable securities laws. All such statements and disclosures, other than those of historical fact, which address activities, events, outcomes, results or developments that Imperus anticipates or expects may, or will occur in the future (in whole or in part) should be considered forward-looking information. In some cases, forward-looking information can be identified by terms such as "forecast," "future," "may," "will," "expect," "anticipate," "believe," "potential," "enable," "plan," "continue," "contemplate," "pro-forma," or other comparable terminology. Certain conditions must be met before the Transaction can be completed. Such conditions include the receipt of all necessary regulatory approvals, including the approval of the TSXV, and all other conditions are satisfied or waived. There is no assurance that the required approvals will be received and there is therefore no assurance that the Transaction or the related debt or equity financings will be completed in the time frame anticipated or at all. Many factors could cause the performance or achievement by Imperus to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. These factors include the failure to obtain the required approvals, including approval of the TSXV and changes to economic conditions that prevent Imperus from completing the related debt and equity financings. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The Corporation is not under any duty to update any of the forward-looking statements after the date of this press release or to conform such statements to actual results or to changes in the Corporation's expectations and the Corporation disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Contact Information

  • Further Information
    For further information with respect to Imperus, please contact:

    Ms. Ute Koessler  
    V.P. Corp. Dev. & Communications  
    IMPERUS Technologies Corp. 
    T. 416-970-2551  
    E: ir@imperus.com  
    W:www.imperus.com  

    Mr. Daniel Kajouie
    President and CEO
    IMPERUS Technologies Corp.
    O. 604-336-2444
    E: daniel@imperus.com
    W: www.imperus.com