|Amico Games Announces Ending the 1st Stage Development of WAP 2.0|
Source: Amico Games Corp.
On 4:15 pm EST, Thursday December 10, 2009
Companies: Amico Games Corp
GUANZGHOU, CHINA--(Marketwire - 12/10/09) - Amico Games Corp. (OTC.BB:AMCG - News), an information technology company specializing in developing multi-player networked mobile phone games, today announced the completion of first stage of development of a WAP 2.0 platform (Wireless Application Protocol) by Galaxy Software Ltd, the Chinese Company that Amico Games Corp. is set to acquire. The WAP 2.0 platform will, upon successful completion, greatly improve the gaming experience and performance of the WAP games developed by Galaxy Software.
Symbol Price Change
AMCG.OB 0.75 0.00
WAP (Wireless Application Protocol) is an open international standard for application-layer network communications in a wireless-communication environment. Most use of WAP involves accessing the internet from a mobile phone. A WAP browser installed in mobile phone provides all of the basic services of a computer-based web browser but simplified to operate within smaller screen of a mobile phone. WAP 1.0 is the first version of WAP released in 1998. In comparison to WAP 1.0, WAP 2.0 adopts general application standards to enable mobile phone users to access the Internet in a way more similar to the traditional PC terminal experience. Currently, almost all mobile phones support the WAP 2.0 browser.
Galaxy Software Ltd began migrating its mobile games to the WAP 2.0 platform in October 2009 and has now completed the first stage of this process. The overall project is estimated to be completed in July 2010.
"I am excited about the improvement in our WAP game performance with the completion of the first stage of the WAP 2.0 migration," Mr. Peter Liu, CEO and President of AMCG, commented. "We are committed to providing a better game playing experience to our users. Although the WAP 2.0 migration is not fully completed, our mobile games have achieved obvious improvements and users have provided us with a positive response. I am convinced that our WAP game will have a longer life span with our continuing efforts to improve the game playing experience."
About Amico Games Corp.
Amico Games Corp. (OTC.BB:AMCG - News) is set to acquire a cutting edge interactive entertainment media company specializing in developing multi-player networked mobile phone games that are played over the mobile internet in China -- Galaxy Software Limited. Galaxy Software Limited delivers its mobile phone games across JAVA and WAP platforms over 3G and 2.5G mobile telecommunication network in China. As of October 31, 2009, Galaxy's WAP game "Miracle Journey to the West" has accumulated around 15,000,000 registered users, taking up 11.1% share of multiplayer WAP game market, which is the market leader of the WAP game in terms of registered users.
For more information, please visit the Company's website at: www.amicogames.com
Safe Harbor Statement:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Amico Games Corp.'s filings with the United States Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements. See Amico Games Corp.'s Current Report on Form 8-K regarding the share exchange agreement with Vodafun Limited, the parent company of Galaxy Software Limited, for details on various conditions which must be met before the share exchange between the two companies closes. There can be no assurance that the share exchange will close. Amico Games Corp. must issue 54,500,000 shares of its common stock to the current shareholder of Vodafun Limited in order to complete the share exchange. Accounting for the anticipated cancellation of 29,800,000 shares of its common stock, Amico Games Corp. will have 72,700,000 shares of common stock issued and outstanding upon the closing of the share exchange.