NQ game to China

[admin]

NQ Mobile Inc. (NQ Mobile) (NYSE: NQ) announced that gaming subsidiary FL Mobile™ has entered into an agreement with Japanese game operator Mobcast and developer Gumi Inc. to bring their jointly developed mobile game, "Chain 11," to China.

"'Chain 11'" is a real-time, multi-player, online mobile game featuring the names and likenesses of more than 2,000 of the world's most famous soccer players. The game has quickly become popular in Japan, with nearly one million downloads. In preparation for launch in mainland China, FL Mobile will be localizing the game and enhancing its animation to maximize appeal across the market, ensuring optimal experience for Android and iOS systems.

The game's release in China, timed to coincide with the 2014 FIFA World Cup Brazil, is just the first step in the globalization of "Chain 11." With expansion planned around the world, Mobcast and Gumi have enlisted FL Mobile to localize the game to best fit regional preferences and game play styles.

"'Chain 11' is a spectacular game with the potential to be a massive hit worldwide, and we are proud to be part of its launch in China and beyond," said Dr. Tony Ni, CEO, FL Mobile. "Working with such important members of the mobile gaming industry as Gumi and Mobcast to bring a popular game like "Chain 11" to market enhances FL Mobile's multi-player offerings while solidifying our position among the top operators of games in China."

Gumi operates in Japan, Korea, mainland China, Singapore, Taiwan, India, Indonesia and France. The company has released 40 mobile games for a number of mobile platforms, including the popular "Injustice Road."

Specializing in sports, Mobcast is a mobile gaming platform and social media services company that operates in Japan and Korea.

NQ Mobile (NQ) Unit, Partners Will Bring 'Chain 11' to China

[Spacchiusu]

You would think a simple press release would give off the perception that things will be ok and the company is still pushing along. So far the money flow is positive as it has been for a few days now, but the stock price continues to stink.

[js253]

You would think a simple press release would give off the perception that things will be ok and the company is still pushing along. So far the money flow is positive as it has been for a few days now, but the stock price continues to stink.

Unless the PR is about NQ having a partnership w/ a brand name mega cap company, ppl are going to ignore the content. Very much guilty till proven innocent unfortunately.

On the other hand FL Mobile is doing very well, I just checked, FL has 5 games on iTunes China iphone top grossing list, #30, #33, #95, #154, and #173, 3 on the iPad top grossing list, #21, #34, #120. It's launching two more new games in the next few days including that soccer game mentioned in today's PR