HONG KONG, July 18, 2013 /PRNewswire/ -- Shanda Games Limited (NASDAQ: GAME, " Shanda Games"), a leading online game developer, operator and publisher in China, announced today that the iOS version of Million Arthur, a mobile game publishded by Shanda Games' subsidiary Actoz Soft (KOSDAQ: 052790.KQ, "Actoz"), has become the 3 rd Top Grossing App across all categories on Apple's App Store in China following its official open beta test launch on July 18, 2013.
"We are delighted with overwhelmingly enthusiastic response this game has received from gamers in China. Through our extensive marketing effort and the strength of our operating plaform, we were able to reach our target audience of advanced casual gamers, students, and young professionals. We launched Million Arthur at 10:30 am this morning and within 8 hours the game became the 3 rd Top Grossing App and is likely to continue to ascend before the day is over. First-day daily active users (DAU) for China have exceeded Million Arthur's combined DAUs following its first day in Japan, Korea, and Taiwan," commented Mr. Tunghai Chien, President of Shanda Games.
"With a strong portfolio of games in the pipeline, we will continue to explore new opportunities in China's burgeoning mobile games market through in-house development, licensing, investment and partnerships. We expect to publish these new titles in China as well as abroad in the near future."
Actoz shares closed at a record high on the Korean Stock Exchange.Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements in this announcement that are not historical facts, including but not limited to statements regarding the future performance of Million Arthur and the launch schedule of other mobile games represent only the Company's current expectations, assumptions, estimates and projections and are forward-looking statements. These forward-looking statements involve various risks and uncertainties. Important risks and uncertainties that could cause the Company's actual results to be materially different from expectations include but are not limited to the risk that there are delays in the launch of, or the Company is unable to launch other mobile games as expected, and Million Arthur and other mobile games fail to meet the expectations of end users, as well as the risks set forth in the Company's filings with the U.S. Securities and Exchange Commission, including the Company's annual report on Form 20-F. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.