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PR Newswire

iQOO becomes Premium Partner of BMW M Motorsport for the 2020 DTM Season

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SHENZHEN, China, Aug. 19, 2020 — vivo’s global smartphone brand iQOO can today announce it is a Premium Partner of BMW M Motorsport in the DTM (Deutsche Tourenwagen Masters). The BMW worksdriver Timo Glock, from Germany, will give his best to drive the iQOO BMW M4 DTM to victory this season and champion extreme speed and powerful performance under the new partnership.

iQOO becomes Premium Partner of BMW M Motorsport for the 2020 DTM Season
iQOO becomes Premium Partner of BMW M Motorsport for the 2020 DTM Season

As a legend in DTM events, BMW M Motorsport represents the ultimate pursuit of speed, and also ultimate performance, which coincides with iQOO’s brand concept of ‘I Quest On and On’ for perfect performance and breakthrough innovation.

"The iQOO racing spirit will ignite a worldwide passion for ultra-fast technology. iQOO phones are built for consumers with a need for speed, who are naturally inclined toward superior performance. As a Premium Partner, this is a momentous opportunity for our brand. We can’t wait to demonstrate iQOO’s high performance to the world," said Felix Feng, President of iQOO China.

"Welcome, iQOO, to the BMW DTM family," said BMW Group Motorsport Director Jens Marquardt. "Technology and innovation are what drive us, and these are the values that also stand for iQOO. This is the perfect basis for a successful partnership. We are very happy to welcome iQOO as a new Premium Partner on board, and all the more so in the unusual and difficult times that we are currently experiencing worldwide and also in motorsport. In addition, the iQOO BMW M4 DTM looks great."

Since the start of the DTM season on the first weekend in August, Timo Glock has already contested four races in the iQOO BMW M4 DTM at Spa-Francorchamps (BEL) and at the Lausitzring (GER). He said: "It’s great that BMW M Motorsport has managed to attract such a large and forward-thinking concern as iQOO, the high-end smartphone brand to the DTM as Premium Partner. This is a great sign for the racing series, especially in these difficult times. I am particularly happy to be back in my familiar colour of yellow from my first few years in the DTM – when you look from the front, at least. I am enjoying driving the iQOO BMW M4 DTM."

Glock contests his eighth DTM season in 2020. In his 116 races to date, he has claimed five victories, five pole positions and 14 podium finishes.

About vivo

vivo is a leading, product-driven, global technology company, with its core business focusing on smart devices and intelligent services. vivo is committed to connecting users around the globe, through design of exciting and innovative smartphones and companion devices, as well as services which integrate technology and design thinking in unique and creative ways. Following the company core values, which include innovation, consumer orientation and benfen*, vivo has implemented a sustainable development strategy, with the vision of becoming a leading, long-lasting, world-class enterprise.

With headquarters in China, supported by a network of 9 R&D centers in Shenzhen, Dongguan, Nanjing, Beijing, Hangzhou, Shanghai, Taipei, Tokyo and San Diego, vivo is focusing on the development of state-of-the-art consumer technologies, including 5G, artificial intelligence, industrial design, photography and other up-and-coming technologies. vivo has also set-up five production hubs (including brand authorized manufacturing center), across China, South- and Southeast Asia, manufacturing over 200 million smartphones each year. As of 2019, vivo has branched out its sales network across more than 30 countries and regions, and is loved by more than 350 million users worldwide.

*"Benfen" is a term describing the attitude on doing the right things and doing things right – which is the ideal description of vivo’s mission to build technology for good.

Please stay informed of vivo’s news at https://www.vivo.com/en/about-vivo/news 

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PR Newswire

SP Madrid enables 100+ Contact Center Agents to Work Remotely using Ameyo

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Ensures business continuity during COVID-19 in less than 2 days with a dramatic increase in call connect rates

MANILA, Philippines, Aug. 19, 2020 — Ameyo, an omnichannel customer engagement platform, today announced that it has enabled SP Madrid, a BPO Collections Leader in Philippines, move its 100+ agents to Remote Contact Center Solutions in less than 2 days, overcoming the challenge of low internet connectivity and bandwidth issues.

SP Madrid was looking for a solution that could help them with a customer engagement process with remote access to ensure business continuity.

With a secure VPN connection, Ameyo helped SP Madrid move its contact center agents to a remote working environment without any hassle. Ameyo’s all-in-one Remote Contact Center Solution backed up with automated dialer, built-in CRM, and comprehensive remote monitoring dashboards ensured that there is no fragmented data. Ameyo’s solution assists SP Madrid’s call center agents with a unified customer interface which allows easy access to all customer information in one place, thus, no information is missed.

Additionally, customer service supervisors, operation heads, and managers at SP Madrid got better hold on business operations and were able to measure and track agents’ performance with quantifiable metrics.

Speaking of the transition to Remote Solutions, Ian Madrid, Co-founder at SP Madrid, says, "Ameyo assisted us to enhance our customer experience with advanced remote contact center capabilities. Throughout the years, Ameyo has helped us enrich our collections process and we have gotten more than what we have paid for."

Sachin Bhatia, Co-founder and Global Sales & Marketing Head at Ameyo, says, "Contact centers are playing a pivotal role in post-COVID-19 times, as they provide the last line of human to human interaction between brands and consumers. Remote contact centers will enable collections brands like SP Madrid to work remotely and increase business productivity."

Ameyo’s Remote-first Contact Center Solution ensures remote IT governance, enables enterprises to run contact center operations with trust and ensures a smooth onboarding and collaboration. 

About SP Madrid

SP Madrid is a reckoned collections company based in the Philippines. Founded in 2008, the company is backed-up with most advanced collection technology and comprehensive DPA data privacy compliance. 

About Ameyo

Ameyo is an Omnichannel customer engagement platform that helps businesses go remote with its virtual contact center solutions and help them streamline their customer service, and collection processes. Know more at www.ameyo.com

Media Contact:
Pushkaraj Phule
pushkarajphule@ameyo.com  
+91-9870039596

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New World Boss Enraged Muskan Arrives in Black Desert Mobile

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SEOUL, South Korea, Aug. 19, 2020 — Pearl Abyss announced today that the new World Boss, Enraged Muskan, has arrived in Black Desert Mobile. Adventurers can now challenge themselves to defeat this ferocious enemy and claim great rewards. 

New World Boss Enraged Muskan Arrives in Black Desert Mobile
New World Boss Enraged Muskan Arrives in Black Desert Mobile

A cold-blooded and indiscriminate killer, Muskan is the commander of the Kzarka Shrine Priests, a group willing to do anything to aid Kzarka’s resurrection. The weapons that cover his hands make his appearance even more fearsome, and his powerful hits will decimate any challengers that fail to avoid them. 

With the arrival of Enraged Muskan, Adventurers must train harder to become agile and cunning fighters. Adventurers who are level 45 or above can challenge this new World Boss, and those who successfully defeat him will have a chance to get Muskan’s Shoes and Muskan’s Tokens. 

Moreover, Abyssal Relics have been added to Black Desert Mobile. Adventurers can now obtain these relics by fighting Difficulty 11 of the Ancient Ruins, which is now available in the game. Abyssal Relics can also be crafted using Relic Fragments. 

Visit Black Desert Mobile‘s official website for more information. 

About Black Desert 

Black Desert is Pearl Abyss’ open-world action MMORPG with cutting-edge visuals and skill-based combat that redefines the genre. With the most developed character customization system of any game currently on the market, users can break out of the norm and make unique characters that truly represent themselves. Its intuitive controls, beautifully designed world, and extensive lore will excite both newcomers and veterans of MMO games and action RPGs. 

About Pearl Abyss 

Best known for the MMORPG franchise Black Desert, Pearl Abyss is a leading developer in the game industry. Established in 2010, Pearl Abyss has since developed Black Desert for PC, mobile, and console, and is developing Shadow Arena for PC and console. All of Pearl Abyss’ games are built on the company’s own proprietary engine and are renowned for their cutting-edge graphics. The company is also developing Crimson Desert, DokeV, and PLAN 8 and is poised to continue its growth through 2020 and maintain its position as one of Asia’s leaders in game development. More information about Pearl Abyss is available at: www.pearlabyss.com 

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PR Newswire

Hytera Launched the Latest Broadband Emergency Communication Products

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SHENZHEN, China, Aug. 17, 2020 — In 2020, the COVID-19 and some natural disasters seriously threaten the society health, life and property, and in face of such challenges, the emergency communication becomes more and more important for the first-response rescue of government. 

For the overall promotion on the capacity of the emergency rescue, Hytera has rolled out the cutting-edge products and solutions for emergency communication in 2020. Recently, Dr. Guan Bao, the general manager of Broadband System BU of Hytera, gave a comprehensive introduction of these latest technologies and products as well as the expectation of emergency communication in the future.

At the end of Q2 in 2020, Hytera has officially released its latest broadband products for emergency communication, and consolidated its leadership in professional communication in further. "The latest intelligent products were built on smart phone SoC with the advantages of high integration, super capacity, small form factor and low power consumption etc.," Dr. Guan explained "We insisted on the 4G and 5G mainstream technology directions on the waveform design even though it’s more complicated. Under the 3GPP specification, we developed the industry-leading cognitive mesh technology, which significantly improved the anti-jam ability, and the radio link became more robust and stable. With the cognitive on network and service, it supports more flexible topology and end-to-end QoS mechanism." Dr. Guan highlights 3 latest products.

PNE380: multi-mode mesh radio

PNE380: multi-mode mesh radio
PNE380: multi-mode mesh radio

The PNE380 is featured with small form factor, and the weight of 288g is almost the lightest mesh radio in the industry. PNE380 is designed as a brand-new handheld radio that is capable of offering voice, data and video multimedia service, and similar to the traditional DMR radios in dimensions, appearance as well as usage mode. 

According to Dr. Guan, the PNE380 performs great despite its small size and low weight. Firstly, the PNE380 can flexibly switch between the cellular mode and the mesh mode on customers’ demands, which enriches the application scenarios of the radio. Secondly, with dual-band design, the PNE380 can work over both U and L band, and supports auto frequency scanning and selection, thus offering much better anti-jamming performance than the traditional single-band radio. Thanks to the superior signal processing capability of SoC chipset as well as the advanced technology of 4G and 5G, the PNE380 offers outstanding demodulation performance. Despite 0.5 watt transmit power, the single-hop distance with HD video service on the ground approaches to 1.5 Km with typical antenna, even longer than the distance of some backpacked mesh radio with high transmit power.

The PNE380 is powered with ARM cores and multimedia accelerators, and supports Android OS and customized Apps on actual demands.

Also, it provides rich peripheral interfaces for the flexible functionality extension.

In addition to high definition video services, the PNE380 radio can also offer various voice services through the Push-to-Talk over Cellular (PoC) software, such as trunking group call, multi-party conference and more. Dr. Guan said that Hytera will launch more smart mesh radios to further enrich product forms and improve the performance of the overall solution.

Dr. Guan Bao noted that in addition to complete terminal products, Hytera is also engaged in module and board integration. Hytera is open to jointly develop innovative products with partners, promote the innovation of technologies, products and solutions through crossover cooperation, and build a more open ecosystem.

Dome Camera over Mesh Network

The dome cameras are widely used in fire, public security, energy and other industries to capture videos in emergencies. At present, dome cameras feed live video over public networks. However, in many emergency situations, public networks might be unavailable or congested, resulting in video backhaul failures. This adversely affects decision making for emergency.

To solve the problem, Hytera together with its partners embeds the mesh module into the pedestal of the dome camera. Therefore, when public networks are congested, the dome camera can backhaul video to the command center over mesh network, which significantly improves situational awareness and facilitates decision making.

The cost-effective and integrated pedestal can be easily installed and connected to PNE380, manpack radios, mobile radio, and other mesh products, which brings a more practical solution.

Adhesive Communication Box

The devices, no matter manpack, handheld, or wearable, will increase the burden on the first responders. As the first responders move or improperly carry the devices, the communication performance might be affected. Considering the emergency situations on the site, Hytera along with its partners has proposed the creative concept of adhesive communication box.

Dr. Guan showed an upcoming adhesive communication box that weights over 400 g. The box is easy to be recycled and pasted to the wall, light pole and other facilities by reusable universal pastes. Thus, customers give the box a vivid nickname "chewing gum". Featuring rich peripheral interfaces, the box also can be integrated with the AI edge computing module or Internet of Things (IoT) module, which further improves process capabilities and makes the box suitable for more scenarios.

5G technologies facilitate the development of the device-to-device (D2D) technologies, which have been widely applied to sectors such as the Internet of Vehicles (IOV) and Internet of unmanned intelligent devices. Dr. Guan pointed out, with the 5G-driven evolution of 3GPP-based mesh network technologies, Hytera will adhere to mainstream mesh network technologies and constantly upgrade mesh products. Based on unmanned drones and vehicles, 5G technologies shows great potential in the development of emergency communications toward the air-ground integration and man-machine coordination.

"5G technologies will promote the comprehensive and leapfrog development of emergency communications," Dr. Guan said. Hytera will embrace the opportunities and challenges to foster innovation, deepen cooperation, and expand the application of 5G in the field of emergency communications.

According to Dr. Guan, radio communication is indispensable in emergency communications. Hytera’s e-Fusion emergency communications solutions have been put into commercial use and won a large number of customers in both domestic and overseas markets. With the launch of more new technologies and products, Hytera’s emergency communications products will develop toward miniaturization, intellectualization, and higher practical performance. Moreover, based on the modular design, Hytera expects to establish an open and innovative platform to enhance development of emergency communications.

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PR Newswire

PLAYSTUDIOS Introduces New mySTRIP Feature In myVEGAS Mobile Slots Showcasing Iconic MGM Resorts International Properties

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Enhanced gameplay experience allows players to launch challenges and game boosters from a virtual Las Vegas Boulevard

LAS VEGAS, Aug. 18, 2020 — Award-winning mobile game developer PLAYSTUDIOS is taking the virtual Las Vegas experience to the next level with a game-changing upgrade to its myVEGAS Slots franchise. The just-released mySTRIP feature introduces new game mechanics, extended multi-day challenges, event boosters, and more opportunities to interact with in-game elements. 

mySTRIP allows players to explore their virtual world from a sidewalk-level perspective while completing daily missions, activating new game challenges, collecting valuable in-game items, and competing for additional prizes in special "Spotlight Events." Throughout the gameplay experience, players can also "visit" iconic MGM Resorts properties and interact with "Only in Vegas" pedestrians that present "daily missions" – all while being immersed in the sights, sounds, and even traffic of The Strip.

"With mySTRIP, we are adding a new level of depth to the myVEGAS experience and we’re putting it in the palm of your hand," says PLAYSTUDIOS Founder, Chairman, and Chief Executive Officer Andrew Pascal. "Our mySTRIP feature gives players a new way to ‘take a stroll’ down Las Vegas Boulevard."

As a fully integrated feature within myVEGAS Slots, players who engage with mySTRIP will continue to earn coveted real-world rewards – hotel stays, dinners, drinks, show tickets, and more – from MGM Resorts International destinations.

Ann Hoff, MGM Resorts’ Chief Marketing Officer, said, "Giving myVEGAS players new and innovative ways to engage with our brands is more important now than ever. Our partners at PLAYSTUDIOS have done a brilliant job of virtually recreating the world’s most exciting street – Las Vegas Boulevard."

The Grand Opening season of mySTRIP launched August 13 in the myVEGAS Slots mobile app, and features virtual versions of Excalibur, Luxor, and MGM Grand. Season Two, set to debut in September 2020, will expand the lineup of participating casino resorts, missions, characters, and spotlight events.

About PLAYSTUDIOS 
PLAYSTUDIOS is the developer of award-winning casual games for mobile and social platforms, including POP! Slots, myVEGAS Slots, myVEGAS Blackjack, and my KONAMI Slots. The apps are powered by the company’s groundbreaking playAWARDS loyalty platform, which enables players to earn real-world rewards from more than 70 iconic hospitality, entertainment, and leisure brands across 15 countries and four continents. playAWARDS partners include MGM Resorts International, Wolfgang Puck, Norwegian Cruise Line, Resorts World, Gray Line Tours, and Hippodrome Casino, among others. Founded by a team of veteran gaming, hospitality, and technology entrepreneurs, PLAYSTUDIOS apps that combine the best elements of popular social games with exciting casino gaming mechanics. To learn more about PLAYSTUDIOS, visit www.playstudios.com. 

About MGM Resorts International  
MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 29 unique hotel and destination gaming offerings in the United States and Macau, including some of the most recognizable resort brands in the industry such as Bellagio, MGM Grand, ARIA and Park MGM. The Company’s 50/50 venture, ROAR Digital LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and partypoker. The Company is currently pursuing targeted expansion in Asia through the integrated resort opportunity in Japan. Through its "Focused on What Matters: Embracing Humanity and Protecting the Planet" initiative, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine’s World’s Most Admired Companies®.

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Pearl Abyss Introduces New Hero Igrid in Shadow Arena

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SEOUL, South Korea, Aug. 14, 2020 — Pearl Abyss announced today that its action-packed PvP game Shadow Arena has introduced a brand-new Hero Igrid. This deadly character will enter the battlefield and fight against enemies using her merciless combat skills. 

Pearl Abyss Introduces New Hero Igrid in Shadow Arena
Pearl Abyss Introduces New Hero Igrid in Shadow Arena

Shadow Arena‘s 14th Hero Igrid is an ancient female warrior with powerful offensive and defensive skills. She is known as the cursed warrior who has been wandering after losing a flame given by her god. 

Igrid uses a mighty Battle Axe and Shield where her Shield blocks an enemy’s attacks then counters them with her own attack. She can also neutralize an opponent by grabbing or knocking them down. Players must attack carefully as some of her offensive skills consume a lot of stamina. 

The "Free-Play Event" will be held in Shadow Arena until August 27. During the event period, all 14 Heroes including Igrid will be unlocked and players can experience each Hero’s combat moves and skill set. 

Last but not least, the Spectator mode has been enhanced. Players can now find the nearest player and spectate. When that player dies, the camera will automatically switch focus to another player. 

Visit the official website, Discord, Facebook, YouTube, and Twitter for more information. 

About Pearl Abyss 

Best known for the MMORPG franchise Black Desert, Pearl Abyss is a leading developer in the game industry. Established in 2010, Pearl Abyss has since developed Black Desert for PC, mobile, and console, and is developing Shadow Arena for PC and console. All of Pearl Abyss’ games are built on the company’s own proprietary engine and are renowned for their cutting-edge graphics. The company is also developing Crimson Desert, DokeV, and PLAN 8 and is poised to continue its growth through 2020 and maintain its position as one of Asia’s leaders in game development. More information about Pearl Abyss is available at: www.pearlabyss.com

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PR Newswire

AGC Networks completes the Acquisition of Pyrios

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DALLAS, PITTSBURGH, MUMBAI, India and AUCKLAND, New Zealand, Aug. 14, 2020 — AGC Networks Limited, (BSE: 500463) (NSE: AGCNET), a Global Solutions Integrator and an Essar enterprise, today announced that it has completed the acquisition of Pyrios Pty Limited (Australia) and Pyrios Limited (New Zealand) through its indirect subsidiary – Black Box Networks Services Australia Pty Ltd and Black Box Networks Services New Zealand Ltd respectively. Pyrios is an expert in communication technology delivering customer engagement and workplace collaboration solutions.

The acquisition of Pyrios will substantially increase and strengthen AGC | Black Box presence and offerings in the Australia and New Zealand market. This will also enhance the current solution portfolio of AGC and Black Box in the UC and Contact center space and Cloud services. 

"We are excited to welcome Pyrios to the AGC family," said Sanjeev Verma, Executive Director and CEO of AGC Networks and President and CEO of Black Box Corporation. "This acquisition is a logical extension to AGC’s leadership in the Unified Communication & Enterprise Communication space.  Our pursuit is to remain the customer’s trusted partner in providing technology solutions and services and this combination of Pyrios and AGC | Black Box will strengthen our relationship and relevance with our combined customers in the region", Verma continued.

Mark Charlesworth, Managing Director Pyrios, said "This acquisition will see the bringing together of two complementary businesses that will provide a broader range of solutions and expertise to the Australian and New Zealand markets, and grow a rapidly expanding Customer Experience Cloud services business with the backing of a global organization."

Speaking on the occasion, Robyn O’Reilly, CEO – Pyrios said "We – the team and I are excited and look forward to integrating with AGC | Black Box and being a part of a Global leading organization offering an enhanced portfolio of solutions to our customers in the region". 

Rohit Himatsingka, Senior Vice President & Head Corporate Development & Strategy, AGC Networks said "AGC’s two-pronged approach of focusing on bringing the best-of-breed technology solutions to the customers and augmenting the Glocal organization through local expertise continues to be at the center of our strategic initiatives to deliver value to all stakeholders." 

The current employees of Pyrios will continue to diligently serve the customers with business as usual approach and this acquisition will add additional international expertize and offering portfolio with the parentage of AGC | Black Box within the fold. 

About AGC Networks:

AGC Networks (AGC) is a Global Solution Integrator representing the world’s best brands in Unified Communications, Data Center & Edge IT, Cyber Security (CYBER-i), Digital Transformation & Applications including SimpleEdge and Technology Product Solutions (TPS). 

AGC Networks is an Essar Enterprise. www.agcnetworks.com 

About Black Box:

Black Box is a leading digital solutions provider dedicated to helping customers design, build, manage and secure their IT infrastructure.

http://www.blackbox.com 

About Pyrios:

Pyrios is an expert in communications technology for contact centre and unified communications. We work with customer-driven organisations that want to delight and retain customers, and improve service, productivity and ROI. Built on 20-years of customer success, the Pyrios team stand behind some of Australasia’s smartest communications technology deployments.

www.pyrios.com 

Forward-Looking Statement 

 

Media Contacts: Neelam Kapoor, E-mail: neelam.kapoor@agcnetworks.com, Tel: +91 98197 30611. Mike Carney, Email: legal.us@agcnetworks.com, Tel: +1 214 258 1612    

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PR Newswire

Netmarble Issues Earnings and Fiscal Results for Second Quarter of 2020

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Significant Q2 Increases Driven by Record-Breaking Overseas Sales and the Success of The Seven Deadly Sins: Grand Cross and A3: Still Alive

SEOUL, South Korea, Aug. 14, 2020 — Netmarble Corp., a global mobile game company focused on creating entertaining gaming experiences for players of all ages, has reported their financial results for the second quarter of 2020.

"Netmarble had a very strong second quarter with solid performances from games launched in the first half of the year including the worldwide release of The Seven Deadly Sins: Grand Cross and Korea’s release of A3: Still Alive. Our amazing community of players helped fuel a record-breaking quarter for overseas sales, and we look forward to continuing this momentum and expanding domestic and overseas growth in the second half of 2020 with highly-anticipated games featuring our own and globally popular IP," said Seungwon Lee, Co-CEO of Netmarble.

"Following the recent release of MaguMagu 2020 in Korea, the third quarter will include the global launch of BTS Universe Story, our second BTS game co-produced with Big Hit Entertainment. Our popular Seven Knights IP will be the basis for two releases in the second half of the year, the mobile MMORPG Seven Knights 2 and our first console launch with Seven Knights – Time Wanderer -. Additional titles coming in 2020 include Kabam’s MARVEL Realm of Champions and A3: Still Alive, which will launch globally following its successful Korean release in March."

Selected highlights from Netmarble’s second quarter include:

  • $568.2 million in total sales, $67.7 million in operating profit, and a net profit of $70.7 million from April through June.
  • Total sales increased by 30.3% year-over-year and 28.7% quarter-on-quarter. Operating profit increased 146.1% year-over-year and 300.5% quarter-on-quarter.
  • Net profit increased by 124.2% year-over-year and 48.2% quarter-on-quarter.
  • Genre portfolio showed diversification across RPG (41%), MMORPG (25%), Casual (25%), and others (9%)
  • Top-performing games include The Seven Deadly Sins: Grand Cross (21%), MARVEL Contest of Champions (13%), Blade&Soul Revolution (9%), Lineage 2: Revolution (8%), and A3: Still Alive (6%)
  • Overseas sales accounted for 75% ($426.3 million) of overall sales in the second quarter. This is the highest figure in Netmarble’s history on a quarterly basis, and on a continued increasing trend. The success of The Seven Deadly Sins: Grand Cross, MARVEL Contest of Champions (Kabam), Lineage 2: Revolution, Blade&Soul Revolution and Cookie Jam (Jam City) in overseas markets like the U.S. and Japan was a major driver for the quarter.

A breakdown of the total financial earnings is below:

4/1/20-6/31/20 actuals

YoY Changes

QoQ Changes

Total Sales

$568.2 million

+30.3%

+28.7%

Operating Profit

$67.7 million

+146.1%

+300.5%

Net Profit

$70.7 million

+124.2%

+48.2%

For additional details on Netmarble’s quarterly performance, and to listen to the earnings call, please visit the company’s Investor Relations page to learn more.

About Netmarble Corporation

Established in Korea in 2000, Netmarble Corporation is a top developer and publisher pushing the boundaries of the mobile gaming experience with highly innovative games including Lineage 2: Revolution, The Seven Deadly Sins: Grand Cross, Blade&Soul Revolution and MARVEL Future Fight. As a parent company of Kabam, and a major shareholder of Jam City and Big Hit Entertainment, Netmarble strives to entertain audiences around the world with a variety of mobile games based on its powerful franchises and collaborations with IP holders worldwide. More information can be found at http://company.netmarble.com

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Scienjoy Holding Corporation Signs Agreement to Acquire BeeLive and Expand Its Global Footprint

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BEIJING, Aug. 13, 2020 — Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China today announced that it has entered into an Equity Acquisition Framework Agreement (the "Agreement") on August 10, 2020, to acquire 100% of the equity interest in Beelive from its two controlling companies at a total consideration of RMB300 million, including a cash consideration of RMB50 million and share consideration of RMB250 million in ordinary shares to be issued by Scienjoy. The share consideration payments are subject to certain performance conditions and requirements over the following three years.  

BeeLive is a global live streaming platform that initially launched in China in November 2016. After establishing a strong foothold in China’s live streaming industry, BeeLive began expanding into international markets during the second half of 2019. To date, BeeLive has launched its Arabic language live streaming product in the Middle East and its Thai language live streaming product in Southeast Asia.

Although BeeLive’s global expansion is still at an early stage, the platform’s activity in overseas markets has demonstrated potential for future growth. As of June 2020, the number of total registered users on BeeLive exceeded 20 million and the number of active live streaming hosts on BeeLive reached 62 thousand. Additionally, during the first half of 2020, BeeLive’s ARPU reached RMB2,200, which was higher than the industry average.

"We are pleased to announce our acquisition of BeeLive and remain confident that this arrangement will serve to provide increasing shareholder value over the long term," commented Mr. Victor He, Chairman and Chief Executive Officer of Scienjoy. "As BeeLive has come to establish itself as a leader in the provision of engaging talent show live streaming content and continued to make exceptional progress in its overseas expansion initiatives, we have gained a tremendous amount of respect for both the business and its platform capabilities. Based on the similarities between our business models, we believe that this deal has the potential to generate powerful synergies and thus significantly bolster our competitive advantages in the industry going forward. After thorough analysis, we maintain our belief that this acquisition is a true win-win arrangement for both parties and will help to provide our users with an increasingly vibrant and interactive social environment going forward."

About Scienjoy Holding Corporation

Founded in 2011, Scienjoy is a leading show live streaming video entertainment social platform in China. With more than 200 million registered users, Scienjoy currently operates three primary online live streaming brands with their respective websites and mobile apps: Showself, Lehai, and Haixiu, each using Scienjoy’s own mobile applications. Through this collection of online live streaming brands, Scienjoy has created a vibrant, interactive, and close community. Scienjoy operates a mobile live streaming business through which it provides live streaming entertainment from professional "broadcasters" to end-users, allowing for the operation of live social video communities. Using Scienjoy’s mobile applications, users can select broadcasters and enter real time video rooms to interact with them. In addition to real-time interactions, users can also view photos posted by broadcasters on their personal pages, leave comments, and engage in private chats with broadcasters when they are not streaming. In addition, users can also play fun and simple games by using virtual currencies within the video rooms while watching the live streaming of a broadcaster.

Safe Harbor Statement

Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements include, without limitation, Company’s expectations with respect to future performance and anticipated financial impacts of the acquisition, the satisfaction of the closing conditions to the acquisition and the timing of the completion of the acquisition. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside the control of the Company and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the Agreement relating to the acquisition; (2) the inability to complete the acquisition, including due to failure to satisfy conditions to closing in the Agreement; (3) delays in obtaining or the inability to obtain necessary regulatory approvals required to complete the transactions contemplated by the Agreement; (4) the risk that the acquisition disrupts current plans and operations as a result of the announcement and consummation of the acquisition; (5) the ability to recognize the anticipated benefits of the acquisition; (6) costs related to the acquisition; (7) changes in applicable laws or regulations; and (8) the possibility that Beelive or the Company may be adversely affected by other economic, business, and/or competitive factors.  These forward -looking statements are subject to the filings with the Securities and Exchange Commission ("SEC") made by the Company.  Company cautions that the foregoing list of factors is not exclusive and cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.  Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, subject to applicable law. The information contained in any website referenced herein is not, and shall not be deemed to be, part of or incorporated into this press release.

Contacts

Ray Chen
VP, Investor relations
Scienjoy Inc.
+86-010-64428188
ray.chen@scienjoy.com

Jack Wang
ICR Inc.
+1 (212) 537-9254
scienjoy.ir@icrinc.com

PR Newswire

Tagzthai: Create a Social Circle for Top Traffic Traders

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GUANGZHOU, China, Aug. 12, 2020 — In August 2020, TagzThai entered into Thailand from Guangzhou, China. Tagzthai is dedicated to providing software platform for delivering value-added services (VAS) for users such as mobile operators, telecom operators, service providers, government informatization, large and medium-sized enterprises and others.

Tagzthai’s goal is to create a social circle for top traffic traders, including education, e-commerce, retail, offline, and services to the entire industry. The goal is to realize a substantial-high-quality social network resource library, a resource matrix gathered by traffic owners, brand owners, supply chains, service providers, platform parties, and various traders.

Tagzthai provides brand case planning services, to meet the needs of different customers.

1. Brand case planning service takes the product as the basis and brand as the core to comprehensively adjust the planning activities of enterprise and market operation, including brand plans, product plans, new product listing plans and others, and be responsible for the implementation.

2. Brand project module service defines the service content according to the project module, designs and formulates plans under the guidance of consultants, and conducts publicity and counseling to corporate personnel.

3. The annual brand consulting service focuses on the year according to the time and scope of service content. The enterprise team is the main body, and the consultant provides guidance and reference advice within the prescribed scope.

Since 2003, the company has obtained the Software Function Maturity Model 5 (CMMI5) certificate recognized by the U.S. Department of Defense in the United States and was selected as a model enterprise "Innovation Pilot Enterprise" in 2011. Founded in 2000, Tagzthai is a service organization focusing on media marketing. Its R&D center and management headquarters are located in Guangzhou. It is known as the software industry base under the attention of Guangzhou Tianhe Software Co., Ltd. Our company is a leading provider of IT solutions and professional services with 20 years of experience. It is recognized as a critical software enterprise in the national planning layout, a national high-tech enterprise, a backbone enterprise in Guangzhou Tianhe Software Park, and a federal computer information system integration level 4 Qualified enterprise, a trustworthy enterprise, etc. Broadening the boundaries of leading technology and innovation, Tagzthai continues to shape the future of advanced technology Internet.

Website: http://www.tagzthai.com 

Related Links :

http://www.tagzthai.com