Gameforge Berlin AG
Frogster Interactive Pictures AG Achieves Quarterly Revenue of 5m Euros / Online games publisher already exceeds revenue of previous year
Frogster Interactive Pictures AG / Key word(s): Development of Sales 09.11.2010 07:31 --------------------------------------------------------------------------- Berlin, 9.11.2010: Frogster Interactive Pictures AG, international publisher of massively multiplayer online games (MMOs) with headquarters in Berlin and subsidiaries in Berlin, San Francisco and Seoul, achieved revenue of 5m Euros in the third quarter of 2010. According to preliminary figures the Frogster group achieved total revenue of about 16.5m Euros in the period from 1st of January and 30th of September 2010. This means Frogster has already exceeded the total annual revenue of 2009 within the first nine months of this year. According to the guidance of the management, revenue of around 22m Euros should be reached in 2010, as announced on the 19th of October. This would correspond to a growth of about 50% from the previous year. For 2011, the management expects to see a jump in revenue due to the planned release of two further ambitious MMO games, which will complement the company's top MMOG title, Runes of Magic, which was launched in 2009 and accounts for three quarters of the current sales total. Frogster Interactive Pictures AG, Tel. +49 (0)30-28 47 01-0 09.11.2010 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Frogster Interactive Pictures AG Hardenbergstr. 9A 10623 Berlin Deutschland Phone: 030 / 284701-10 Fax: 030 / 284701-11 E-mail: frogster@ir-services.de Internet: http://www.frogster-ip.de/ ISIN: DE000A0F47J1 WKN: A0F47J Indices: Entry Standard Performance-Index Listed: Freiverkehr in München, Düsseldorf, Berlin, Stuttgart; Open Market (Entry Standard) in Frankfurt End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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