NEW YORK, April 21, 2016 (GLOBE NEWSWIRE) -- Pocket Games (OTC:PKGM), announced today that they have signed up their first partner for the Viximo Platform and launched the first Viximo enabled title into Thailand.
Kiz Studios, an independent videogame developer with offices in Atlanta, GA Charleston, SC, and Leamington, UK with a back catalogue of titles, has decided to test the Viximo platform by releasing their addictively simple and fast paced matching game, Halos, in Viximo’s first test market, Thailand.
Viximo connects game developers to sales channels in difficult to reach markets through its write once, deploy everywhere platform. Once onboarded to the Viximo platform, mobile games can be deployed across several stores worldwide, providing vastly expanded user reach to game developers in the West. The Viximo toolset also enables developers to increase user engagement and monetization as well as offering localization options. These markets account for over 70% of global app-store market spend annually.
“Reaching consumers through local market AppStores is a great way to bring in incremental revenue from a title and we are excited to see what Viximo can do for us in markets where we haven’t previously tapped into their potential,” said Craig Albeck, Director of Publishing, “and we were really excited to speak with the Viximo team at the recent Games Developers Conference and see for ourselves a robust analytics system that will really assist us in continuing to hone our monetization, not only in titles previously released but in new titles that we take to market.”
Viximo was founded in 2008 in Boston, Massachusetts and received venture capital funding from Northbridge Venture Partners and Sigma Partners. The company generates revenues by taking a percentage of in-app purchases of the titles it distributes as well as through in-game advertising and an increased revenue share model with ‘Premium Partners’ by offering value-ad services such as increased discovery and deep analytics.
The revenue model is a ‘revenue share’ deal with the Developer where, if a game were to net $500,000 in post-AppStore revenue, the developer would receive between $350,000 and $425,000 and Viximo would net between $75,000 and $150,000 depending on the type of deal signed between the parties.
“The interest at the Game Developer Conference in San Francisco last month was incredible and we are really excited to not only bring Halos to new markets as well as signing up new developers as they see the results we can achieve” said David Lovatt.
About Viximo
Viximo connects game developers to sales channels in difficult to reach markets through its write once, deploy everywhere platform. Once onboarded to the Viximo platform, mobile games can be deployed across several stores worldwide, providing vastly expanded user reach to game developers in the West. The Viximo toolset also enables developers to increase user engagement and monetization as well as offering localization options. Learn more at www.viximo.com.
About Kiz Studios
Kiz Studios is an independent video game and entertainment development company with offices in Atlanta, GA, Charleston, SC and Leamington, UK. We develop and publish digital games released across console and mobile app stores the world over with content that is considered and localized for local markets. The content of the games bend genres and blurs the lines between casual and hardcore, making accessible games for a global audience. Our catalogue of games includes the mobile hit Critter Escape, cross-platform battler, Might and Mayhem, PlayStation 4 action brawler, Trans Galactic Tournament, and Wonky Ship, featured by Apple in their "Best of 2015" apps.
About Pocket Games, Inc.
Pocket Games, Inc. (OTC: PKGM) is a growing partner to the video game development market offering development and testing services out of its purpose designed offices in Pune, India as well as now offering a unique distribution channel through the recently acquired Viximo platform. The Company continues to execute its expansion into the burgeoning video game industry in pursuit of innovative revenue streams. Learn more at www.pocketgamesinc.com.
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