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From Apple to Facebook: Gamzio Announces Aggressive Acquisition Strategy and Online Expansion Plans(May 14, 2014)
IRVINE, CA(eTeligis Inc.)
IRVINE, CA, United States, via eTeligis Inc., 05/14/2014 - - Gamzio Mobile, Inc. (www.Gamzio.com) (OTCQB: GAMZ), the innovative mobile casino gaming company, is pleased to announce a new initiative to expand its reach to Facebook's online platform.The company will focus on expanding through an aggressive acquisition strategy as well as new game development.
Gamzio CEO Jason Deiboldt attended an invite-only event back in November at the Facebook Headquarters in Palo Alto, where he met and networked with members of the Facebook team. Prior to this new Facebook expansion initiative Gamzio developed games exclusively for Apple iOS devices.
"We have been considering expansion to the Facebook canvas for some time," said Deiboldt, "With an addressable audience of 375 million monthly active gamers on the platform, we are confident we can welcome many new players into the Gamzio family, while creating a fantastic cross-platform experience for our current users."
According to GameDuell, players who engage with a game on multiple platforms monetize up to 25% better than single-platform players.Gamzio also expects to see an increase in many other key performance indicators by expanding to the Facebook canvas.
The move will also speed up Gamzio's development cycle. Live real-time optimizations will allow Gamzio to test and iterate new content quickly on Facebook without a 6-10 day waiting period (standard for Apple's App Store), and then push those optimized changes to its mobile versions.This development cycle is similar to how King Digital was able to develop and scale its popular game Candy Crush Saga.
About The Social Casino Industry
Major casino operators are quickly converging on the social casino industry.Most recently, Caesars Interactive Entertainment (CIE) has pledged to continue its aggressive acquisition strategy to sustain the growth of its social gaming business after posting strong advances in the first quarter of 2014.Caesars Interactive Entertainment reported an 82 per cent increase in net revenue to $124.2m for the first quarter of 2014, driven by record growth from its social and mobile gaming business, as well as the first contributions from its recent Pacific Interactive acquisition.Pacific interactive is the fourth social casino operator Caesars has acquired.
About Gamzio's Social Casino Game
Gamzio's flagship social casino title: "Slots-O-Luck Adventure", released in 2013, maintains a 4.5 Star rating on the worldwide Apple App Store.
Gamzio's flagship Social Casino Game Slots-O-Luck Adventure can be downloaded at : http://slotsoluck.com/play/
About Gamzio Mobile, Inc.
Gamzio is a developer of casino-style games for the Internet and mobile devices. Its mission is to bring a genuine "Vegas" experience to the mobile gaming market through a strategic approach that optimizes real-time data and analytics technology. Gamzio recently released "Slots-O- LuckAdventure HD," which is available for download at its web site http://slotsoluck.com/play/ or directly in Apple's App Store.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, utilizing new Facebook mobile technology, increasing users for Gamzio's games, and business strategy. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
SOURCE: Gamzio Mobile Inc.
http://www.eteligis.com/ViewSubmission.aspx?submissionRequest=26046 - Link to submission on http://www.eteligis.com