High hopes as well 'wolyton'. Amico Reports Substantial Growth for Galaxy's Mobile Games On 8:00 am EST, Wednesday December 2, 2009
GUANZGHOU, CHINA--(Marketwire - 12/02/09) - Amico Games Corp. (OTC.BB:AMCG - News), an information technology company specializing in developing multi-player networked mobile phone games, today announced that the mobile phone multiplayer games developed and distributed by Galaxy Software Ltd. experienced substantial growth in registered active users and game revenue from July 2009 to October 2009.
Currently, Galaxy Software Ltd. operates three mobile phone multiplayer games: "Miracle Journey to the West," "Fantasy Wulin," and "Journey to the West OL." During the three months ended October 31, 2009, the WAP game "Miracle Journey to the West" gained 1,689,722 new users, bringing its total users to 14,846,490. This is a potential growth rate of almost 7,000,000 new users over the span of one year if the growth trend continues and consequently a significant increase in revenue.
The Java game "Journey to the West OL" had the highest average revenue per paying user as of October 2009 at RMB 50.39 (approximately $7.45 USD), compared to RMB 49.03 (approximately $7.18 USD) of the WAP game "Miracle Journey to the West."
"We are delighted to observe the substantial growth in the performance of our offered products," Mr. Peter Liu, CEO and President of AMCG and Galaxy, stated. "After analyzing the statistics, we are very satisfied to see that our WAP games, 'Miracle Journey to the West' and 'Fantasy Wulin,' are tracking on a stable development trend. Our Java(TM) game, 'Journey to the West OL,' is maintaining very significant growth since its launch in May 2009. The statistics indicates that new users prefer to play Java(TM) games which offer better game playing experience, and this coincides with our R&D strategy." Mr. Liu concludes, "We plan to continue offering a high-quality gaming experience for players by developing more Java(TM) games in the future."
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