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gamigo makes a strategic investment in Black Prophecy and Reakktor Media

Hamburg, January 27, 2011– gamigo, one of the leading publishers of free-to-play online computer games in Europe and North America, is increasing its stake in the space action MMOG "Black Prophecy". Today gamigo announced that they have acquired all trademarks and copyrights associated with "Black Prophecy" as well as a 19.9% stake in the developer studio Reakktor Media GmbH from AAA Capital Game Production and Sales GmbH&Co. Fonds Nr. 2 KG. The remaining shares to Reakktor Media GmbH are held by its CEO, Kirk Lenke.

Patrick Streppel, Executive Board Member at gamigo, said this: "Investing in "Black Prophecy" and Reakktor Media GmbH is a forward-looking step for gamigo. "Black Prophecy" is the biggest project our company has worked on so far and is also an example of the high quality of games produced in Germany, completely unique in its market segment."

Rainer Markussen, Executive Board Member at gamigo, said this: "With the completion of closed beta testing and the award for "Best of gamescom (free to play)" last year, I'm really looking forward to seeing "Black Prophecy" go live in the very near future. With that step, gamigo will be cementing its position as one of the leading publishers and producers of premium online games that are marketed and licensed around the globe."

"Working even more closely together will give us more opportunity to trade know-how and will allow us to drive expansions of "Black Prophecy" and new high-quality games forward together," said Kirk Lenke, CEO of Reakktor Media.

Company logos and portraits can be downloaded from our press server.

If you would like any additional information, want to schedule an interview or have any questions about this press release, please contact gamigo's public relations department.

Dennis Hartmann

PR Manager

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dennis.hartmann@gamigo.com

Tel. +49-40-411 885 205

Fax +49-40-411 885 255

www.gamigo.com? http://corporate.gamigo.com

About gamigo AG

gamigo AG, a wholly-owned subsidiary of Axel Springer AG, was founded in 2001 and has grown to become one of the leading publishers of free-to-play MMOGs in Europe. Since 2010, gamigo also publishes its games globally. A team of 100 employees works in the company headquarters in Hamburg and its branch office in New York City. The key to success is the emphasis on publishing high-quality games supervised by first-rate community management. The portfolio includes games from all ends of the gaming spectrum - from Facebook games and browser-based games to elaborate MMORPGs.

About Reakktor Media GmbH

Reakktor Media GmbH is one of the world’s leading development studios for interactive entertainment software and multimedia productions with its headquarters located in Hanover, Germany.? In 1999, with the development and worldwide operation of the successful Massively Multiplayer Online Games Neocron and Neocron 2, Reakktor Media expanded its core business into the online computer games market and has established an exemplary and, within Germany, unique competence in this field.? Building on their extensive experience in developing and operating Massively Multiplayer Online Games, Reakktor Media has been developing the next-generation Space Action MMOG "Black Prophecy", which is currently in beta testing and has already received numerous awards.?

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