Glu Mobile to Develop Rich Mobile Games for Honeycomb Tablets
Leader in social mobile gaming to deliver social gaming apps for Android
SAN FRANCISCO, Feb. 2, 2011 /PRNewswire/ -- Glu Mobile Inc. (Nasdaq: GLUU), a leading global publisher of social games for smartphone and tablet devices, announced today that the company will develop social mobile gaming apps for Android 3.0 (Honeycomb) and other Android™ releases. Additionally, Glu is one of the first developers to implement In App Purchases (IAPs) into its Android games. Glu is a leader in developing and publishing games on the Android platform, with more than 25 games already available for Android devices on Android Market™.
"We are inspired by the opportunity to bring the next wave of social mobile gaming to Honeycomb tablets," said Niccolo de Masi , CEO of Glu. "With the rapid growth of Android-powered devices, Glu is well positioned to benefit from the rise of the Android gamer on a truly global basis."
Honeycomb's robust development platform has allowed Glu to achieve increasingly higher standards in social mobile gaming. Gun Bros on Honeycomb tablets takes advantage of full hardware acceleration, full OpenGL ES 2.0 3D graphics, special effects, and improved gameplay. Gun Bros on Honeycomb is the most powerful and compelling Glu gaming experience available on any mobile platform.
Glu's Gun Bros is on display on the Motorola Xoom today at Google's Android press event in Mountain View, CA.
Cautions Regarding Forward-Looking Statements
This news release contains forward-looking statements, including those regarding Glu's intention to develop social mobile gaming apps for Honeycomb tablets and other Android™ releases and that Glu is well positioned to bring both popular mobile games and original Glu games to the Android platform. These forward-looking statements are subject to material risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Investors should consider important risk factors, which include: the risk that growth of smartphones and advanced networks does not grow as significantly as we anticipate or that we will be unable to capitalize on any such growth; the risk that we do not effectively execute our business strategy, including expanding our smartphone studio capacity and focusing on our social, persistent product strategy, while continuing to address our traditional carrier-based business, and that, even if we do execute our business strategy, we may not derive the revenues that we expect; the risk that the mobile games market, particularly with respect to social, persistent gaming, is smaller than anticipated; and other risks detailed under the caption "Risk Factors" in our Form 10-Q filed with the Securities and Exchange Commission on November 10, 2010 and our other SEC filings. You can locate these reports through our website at http://www.glu.com/investors. We are under no obligation, and expressly disclaim any obligation, to update or alter our forward-looking statements whether as a result of new information, future events or otherwise.
About Glu Mobile
Glu Mobile (NASDAQ: GLUU) is a leading global publisher of social games for smartphone and tablet devices. Glu's unique technology platform enables its titles to be accessible to a broad audience of consumers all over the world - supporting iOS, Android, Palm, Windows Phone 7 devices and beyond. Glu is focused on bringing the best in social, freemium, cross-platform mobile gaming experiences to the mass market. Founded in 2001, Glu is headquartered in San Francisco and has major offices in Brazil, China, Russia and the UK. Glu is focused on creating compelling original IP and also partners with leading entertainment brands including Activision, Atari, Caesar's and Fox. Consumers can find high-quality, fresh entertainment created exclusively for their mobile devices wherever they see the 'g' character logo or at www.glu.com. For live updates, please follow Glu via Twitter at www.twitter.com/glumobile or become a Glu fan at Facebook.com/glumobile.
GUN BROS, GLU, GLU MOBILE and the 'g' character logo are trademarks of Glu Mobile Inc.
Android and Android Market are trademarks of Google, Inc.
SOURCE Glu Mobile Inc.
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