AMCG .45 Chinese Gaming Merger
Amico Games Corp. to Acquire Leading Chinese Mobile Gaming Company
GUANZGHOU, CHINA — (Marketwire) — 11/30/09 — Amico Games Corp. (OTCBB: AMCG) is pleased to announce that it has entered into a binding share exchange agreement to acquire Galaxy Software Limited, a private Chinese company specializing in the development and distribution of multiplayer games for mobile phones.
Once closed, this acquisition will give Amico access to the revenue and profits of Galaxy as well as expanded business opportunities in the mobile gaming industry in China, the world’s largest growing mobile market.
As of the signing of the agreement with Galaxy’s parent company, Vodafun Limited, Amico has changed its business focus to developing mobile games for the Chinese market. To this end, Amico has appointed new management personnel with extensive experience in the Chinese mobile and financial industries, including some individuals from Galaxy Software. The new management consists of:
Peter Liu: President and CEO
– Also the President, CEO and founder of Galaxy, Mr. Liu has significant
experience in project management and human resources.
Wing Kuen Ha: CFO
– Mr. Ha has over 20 years of experience in auditing and advisory
services. Ha has served as an executive director, group financial
controller and company secretary for several publicly traded companies
listed on the Hong Kong Stock Exchange.
Yuan Xu: Chief Operating Officer
– Mr. Xu has 14 years of experience in the Chinese telecommunications
industry including serving as general manager and CEO of
telecommunications and software companies.
Lin Zhong: Chief Technology Officer
– Mr. Zhong holds a degree in computer science and technology and is
proficient in developing multiplayer mobile games for a number of
various mobile platforms including SMS (Short Message Service), WAP
(Wireless Application Protocol) and Java(TM). Mr. Zhong is the system
analyst and project manager for most of the Galaxy Software’s mobile
games.
“We are thrilled to bring these two companies together,” said Mr. Liu, president of Galaxy Software and Amico. “Galaxy has been successful in becoming one of the leading players in the mobile gaming industry in China and with the explosive growth expected out of the Chinese telecommunications market, we are very happy to be able to expose North American investors to an exciting, profitable and quickly expanding company.”
For more information, please visit the Company’s website at: www.amicogames.com
About Galaxy Software Limited:
Galaxy Software Limited is a Chinese private-owned company incorporated in November, 2001. Galaxy is one of the earliest mobile phone multiplayer game developers in China, as well as one of the first Chinese company to develop and operate Java(TM) MMRPOG (massive multiplayer role playing online games) mobile phone games. It is also the first company to provide multiplayer games over the WAP platform of China Mobile, the world’s largest mobile phone provider based upon subscribers.


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