FOR IMMEDIATE RELEASE
LOS ANGELES, CA- September 19, 2013-nbsp;Leading mobile games publisher and developer, GAMEVIL, hasnbsp;revealed the latest in itsnbsp;efforts to strengthen its global presence. Shortly after launching Cartoon Wars Blade, GAMEVIL signed its second contract with Qihoo 360 and has today launched the Android version of global hit Dark Avenger as a service in China.
China is rapidly becoming a key player in the mobile market. Its app market is expected to generate $3.6 billion in annual revenue by 2017. And with 70% of the mobile market share in China belonging to Android, Qihoo 360 is poised to become a mobile market leader.nbsp;Qihoo 360 is China's largest independent mobile contents open market and its service network covers nearly 200 million users in the country. It is regarded as China's largest Android market.
Dark Avenger is already one of the top MORPGs in China's iOS App Store. The game was designed with low-spec, high quality features to target the Chinese market and was successful in doing so. It hasnbsp;ranked #1 on Chinarsquo;s iOS Top Free chart, #1 on Japanrsquo;s iOS Top Free chart, and top 5 in 11 other countries including Indonesia, Turkey, and Russia. Through its Android launch on Qihoo 360, Dark Avenger looks to expand on its success through wider distribution and improved localization to cater to the Chinese market.
Since its global release, Dark Avenger has surpassed 9 million downloads.nbsp;In its latest update, the brand new Berserker class bas been introduced along with a wide array of new weapons, increasing the global expectation of the title.nbsp;
With the establishment of GAMEVIL China, GAMEVIL has focused on expanding its global distribution, and is actively looking to publish commercially successful titles in the domestic market.
About Qihoo 360 Technology Co. Ltd
Qihoo is Chinese software company known for its antivirus software. By user base, it is one of top 3 internet companies in China. Considered the pioneer of free internet antivirus software service, Qihoo currently provides antivirus software, free mobile security products, and services to 450 million users in China, reaching 95.8% of Chinarsquo;s internet users. Qihoo 360 strives to increase open platformrsquo;s value through detailed and broader platform service and safer internet antivirus software. Qihoo continues the relationships with collaborating companies to extend the influence further in global internet market.
GAMEVILreg;, with over 300 million game downloads and experience publishing hundreds of games on multiple platforms, is one of the most active and innovative mobile game companies in the world.nbsp;Established in 2000 and with offices in Los Angeles, Tokyo, Beijing and Seoul, GAMEVIL is an experienced global mobile game publisher working with more than 70 top studios around the world.
With deep industry and regional knowledge, GAMEVIL has been able to craft numerous award winners through a diverse portfolio of games. Backed by unparalleled expertise in mobile, GAMEVIL continues to lead the sector with a commitment in establishing mobile gaming as a way of life.
GAMEVIL is currently listed on the KOSDAQ Market (Ticker: 063080, Bloomberg: 063080:KS, Reuters: 063080.KQ)