Amico Games Corp. Sustains Rapid Growth in Registered Users for Its Mobile Games


SAN FRANCISCO, July 7, 2010 (GLOBE NEWSWIRE) -- Amico Games Corp. (OTCBB:AMCG), an information technology company specializing in developing and operating mobile phone multiplayer networked games, today announced that total registered users of its mobile games has reached over 26 million as of May 31, 2010, an increase of 1 million from the previous month.

Amico currently delivers three mobile phone games over WAP and Java cell phone platforms of China. According to the company's user database records, registered users for all three of its mobile games have reached over 26 million as of May 31, 2010, an increase of 5% from 25 million as of April 30, 2010.

Among the games that Amico delivers, the growth of Journey to the West OL has been rapid since its official operation in May 2009, with registered users increasing to 2.95 million as of May 31, 2010, a 13% increase from the previous month, whereas the average monthly growth rate has been 10%.

"We're very proud to sustain rapid and stable monthly growth of registered users, which helps to ensure a stable revenue source," said Mr. Peter Liu, Amico's President and CEO. "In the pursuit of technological improvement, our R&D team is focused on exploring better game environments and unique interactive community experiences for our players, which innovatively incorporate a number of the most popular gaming elements. Thus, we are confident to capture new users who are looking for a unique gaming experience, and enhance our revenue in the coming months."

About Amico Games Corp.

Amico Games Corp. is a software company specializing in developing mobile phone games for the Chinese market. On December 31, 2009, Amico acquired Galaxy Software Limited, a Chinese private-owned company incorporated in November, 2001. Galaxy is one of the earliest mobile phone multiplayer game developers in China, as well as one of the first Chinese companies to develop and operate Java™ MMRPOG (massive multiplayer role playing online games) mobile phone games. It is also the first company to provide multiplayer games over the WAP platform of China Mobile, the world's largest mobile phone provider based upon subscribers.

Further information on the Company can be found at http://www.sec.gov/ and the company's website at http://www.amicogames.com/

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Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate,'' "believe,'' "estimate,'' "expect,'' "intend'' and similar expressions, as they relate to Amico or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of Amico's products, the competitive environment within the industry, the ability of Amico to continue to expand its operations, the level of costs incurred in connection with Amico's expansion efforts, economic conditions in the industry and the financial strength of Amico's customers and suppliers. Amico does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.



            

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