updated 11/11/2010 9:16:42 AM ET 2010-11-11T14:16:42

GUANGZHOU, China, Nov. 11, 2010 (GLOBE NEWSWIRE) -- Amico Games Corp. (OTCBB:AMCG), an interactive entertainment media company specializing in developing some of China's most popular massively multi-player online role-playing games (MMORPGs) for mobile phones, today announced the Company is expected to move into its new Guangzhou based office on November 20, 2010. The new 1,500 square meter office is located in Guangzhou's major business hub and has an area approximately three times as large as its current location. 

Commenting on the Company's new headquarters, CEO Peter Liu stated that "The expanded facilities will allow us to continue staff increases, including planned expansions of the R&D, marketing, game design and customer service teams. In addition, the Company has recently created a new team to develop games for Nokia's Symbian and Google's Android mobile operating systems."

"With the launch of our game distribution portal E-Ge-Ge and new service offerings to third party game developers, the Company has entered the second phase of our growth strategy. The expanded facilities will enable us to assist other game developers with network access, building application environments, customer relations, payment solutions, operational support, and advertising and promotion," continued Mr. Liu.

"Moreover, the new office will enhance our ability to implement the third phase of our corporate development strategy to create our own online social gaming community before year's end," said Mr. Liu.

The Company also announced its registered users grew to 29,806,663, an increase of 568,026 for the month of October; and that a FAQ section has been added to the investor relations portion of its US website at www.amicogamesUS.com .

About Amico Games Corp.

Amico Games is a subscriber based interactive entertainment company with over 29 million registered users. The company develops massively multiplayer role playing online games (MMRPOG) based on Java™ technology for 3G telecommunication networks in China. The company created some of China's earliest mobile phone multiplayer games, was the first Chinese company to cooperate with Nokia and was the first company to provide multiplayer games over the WAP platform of China Mobile. Further information on the Company can be found at www.sec.gov and the company's websites at www.amicogamesus.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.

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved


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