GUANGZHOU, China, Oct. 14, 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 launch of its second Java game, "Journey to the West: deja vu", the third installment of its popular "Journey to the West" series. Based on the famous Chinese novel, Journey to the West, the game series introduces many sites, scenes and roles from this classic book set during the Tang Dynasty.
The series began in 2006 with the launch of the Company's first game, "Miracle Journey to the West". With over 17 million registered users, this WAP platform game is the Company's most popular and was recognized as one of the top 3 most profitable mobile phone games in China.
The second installment of the series was "Journey to the West OL". Launched in May 2009, the Company's first Java game rose to the number one ranking on China's largest game platform.
Commenting on the launch of the Company's second Java game, CEO Peter Liu stated that, "'Journey to the West: deja vu' has more powerful engines, content and enhanced graphics than our first Java game. Not only is this the launch of our most sophisticated game, we hope to increase our brand awareness through our extension strategy for the 'Journey to the West' series."
"We are very proud of the progress of our game development team, which has us on schedule to launch the fourth installment of our 'Journey to the West' series during the first quarter of 2011. We are looking forward to introducing even higher quality visual effects, including 3D graphics to our loyal users early next year," continued Liu.
Mr. Liu also stated that, "the launch of our enhanced Java games was scheduled to capitalize on the activation of our game distribution portal E-Ge-Ge, which will allow us to capture 90% of our in-game revenues by minimizing our reliance on third party distributors, who can consume up to 70% of our games' revenue from our end users."
"Our game distribution portal is an integral part of our plan to expand into game operations before we initiate the third phase of our corporate development strategy to build our own online social gaming community," said Liu.
To view or download the Company's 2009 Corporate Presentation please visit:
About Amico Games Corporation
Amico Games is a subscriber based interactive entertainment company with over 28 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 and .
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: Amico Games Corp. Investor Relations (310) 301-0082 IR@amicogamesus.com