SOURCE: Mochi Media

Mochi Media

December 15, 2010 11:16 ET

Mochi Media Launches First Sponsored Games From Mochi GAME Developer Fund

Fund Has Invested $400,000 to Date in Online Game Developers to Support Innovative Game Development

SAN FRANCISCO, CA--(Marketwire - December 15, 2010) - Today, Mochi Media announced the first group of games sponsored by the Mochi GAME Developer Fund. The fund is responsible for more than $400,000 in total commitments to online game developers so far, and launched the first fund games: Planetary Conflict, Toxers, and Feed the King. Snow Fort, the next fund game, will be released soon.

Launched in March 2010, the $10 million Mochi GAME Developer Fund assists game development studios and independent game developers worldwide through sponsorship, licensing and publishing deals. To date, the fund has invested in 20 developers from around the world, including South America, Europe and Southeast Asia. These developers create high-quality, premium games, and with their participation in the fund, they gain additional access to technical, design and testing resources from Mochi Media's parent company, Shanda Games, as well as the development tools and distribution to nearly 40,000 websites globally from Mochi Media.

"This initial group of games that we're launching today is just the start of a multi-year wave of games created by developers that may not have had a chance without the support of this fund," said Justin Wong, GM of the Mochi GAME Fund. "The fund is a shot in the arm to the growing, but still nascent, online game development community."

"From the beginning, our vision for this GAME Developer Fund was to work with talented individuals and give them the opportunity to showcase their talents on a global scale," said Jameson Hsu, CEO of Mochi Media. "We look forward to working with this current group of developers and additional individuals from around the world to bring more high-quality, premium games to the community."

The Mochi GAME Developer Fund is a joint effort between Mochi Media and its parent company, Shanda Games (NASDAQ: GAME), a leading online game developer, operator and publisher in China.

About Mochi Media

Mochi Media is the world's largest browser-based games network, with more than 140 million monthly active users and 15,000 games on nearly 40,000 publisher websites. Mochi Media's game development products and services enable developers to track usage analytics, distribute their games to thousands of websites, and monetize global gameplays via micro-transactions and in-game advertising. The company is headquartered in downtown San Francisco and is a wholly-owned subsidiary of Shanda Games Limited (NASDAQ: GAME).

Contact Information

  • Contacts
    Corey Lewis or Aly Brady
    LaunchSquad
    (415)-625-8555
    mochimedia (at) launchsquad (dot) com