GigaMedia Announces the Performance of the Games
TAIPEI, Feb. 10, 2015 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced that the Company has released four Role-Playing games at the end of December 2014. One is for PC-based players and the other three are for mobile game players. For mobile games, players can play them on iOS or Android. The most popular one among the four games has attracted more than 40,000 members per month since its release. And it was even listed on top 10 of Google Play's latest popular games in Taiwan. Its pay ratio for the month of January was at about 4.4% and its ARPU (Average Rate Per User) was NTD5,000 (equivalent to about US$157). The other games' average ARPU for the month of January was about NTD1,500 (equivalent to about US$47), which was considered an adequate performance in the Taiwan mobile game market.
Before the Chinese spring festival, the Company will launch another new game which is a 3D anime-style RPG and will enable the players to enjoy both the visual and the audio effects when playing. The background of the game's contents is epic alike. Players play the role as savior of the doomsday to experience a series of adventures for saving the world. Besides, players can not only choose five hero characters at a time to forge an alliance but also invite their friends to play together in a team at the same time. The Company believes that this 3D anime-style RPG will attract more diversified players and hopefully outperform for a success. This new game will be available for both iOS and Android devices upon its official release.
In summary, the Company will have five games, including the new 3D anime-style RPG, available on the market for players in February; moreover, will continue to increase marketing for more exposure for the incoming Chinese New Year's holidays in order to acquire more players and better the revenue.
About GigaMedia
Headquartered in Taipei, Taiwan, GigaMedia Limited (Singapore registration number: 199905474H) is a diversified provider of online games and cloud computing services. GigaMedia's online games business is an innovative leader in Asia with growing game development, distribution and operation capabilities, as well as platform services for games; focus is on mobile games and social casino games. The company's cloud computing business is focused on providing enterprises in Greater China with critical communications services and IT solutions that increase flexibility, efficiency and competitiveness. More information on GigaMedia can be obtained from www.gigamedia.com.
The statements included above and elsewhere in this press release that are not historical in nature are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. GigaMedia cautions readers that forward-looking statements are based on the company's current expectations and involve a number of risks and uncertainties. Actual results may differ materially from those contained in such forward-looking statements. Information as to certain factors that could cause actual results to vary can be found in GigaMedia's Annual Report on Form 20-F filed with the United States Securities and Exchange Commission in April 2014.
For further information contact:
Amanda Chang
Investor Relations Department
+886-2-2656-8080
[email protected]
SOURCE GigaMedia Limited
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