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4-Traders Homepage  >  Equities  >  Nasdaq  >  Glu Mobile Inc.    GLUU

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Glu Mobile : Launches Hercules Game in Coordination with Worldwide Theatrical Release

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07/03/2014 | 02:29pm CET

Glu Mobile Launches Hercules Game in Coordination with Worldwide Theatrical Release
Players become Hercules and embark on a journey towards redemption

San Francisco, Calif. - July 3, 2014 - Glu Mobile Inc. (NASDAQ: GLUU), a leading global developer and publisher of free-to-play games for smartphone and tablet devices, today announced the availability of Hercules: The Official Game on the App Store and Google Play. In partnership with MGM Interactive Inc. (MGM), a subsidiary of Metro-Goldwyn-Mayer Inc., Glu has developed the official free-to-play mobile game in conjunction with the new "Hercules" feature film scheduled for U.S. theatrical release from Paramount Pictures and Metro-Goldwyn-Mayer Pictures on July 25, 2014.

"Hercules: The Official Game is Glu's second title to market as part of our ongoing relationship with MGM," said Niccolo de Masi, Glu CEO. "We believe the game captures the spirit of Greek mythology, while delivering console-quality graphics and intense gameplay."

"We are pleased to continue our relationship with Glu on successful and engaging games for the mobile space," said MGM's Tricia Samuels Laudisa, Vice President, Global Licensing, Consumer Products and Interactive. "Hercules: The Official Game offers fans an exciting opportunity to immerse themselves in the Hercules story in anticipation of the film's release."

About Hercules: The Official Game
Become Hercules, the greatest hero of Greece, and fight your way through the bloodiest ancient battles in the most exciting hack-and-slash game on mobile. Embark upon 12 epic labors, spite the Goddess Hera, seek redemption for your sins and prove your worth to all of Greece in Hercules: The Official Game.


Features of Hercules: The Official Game 

  • Special Attacks & Finishing Moves - Defeat your enemies faster with special combinations of melee, magic and ranged traits to cause maximum damage. Revel in your brutal victory after toppling rivals with devastating finishing moves.
  • Tag-Battle System - Fight battles with up to three heroes at once to become the ultimate fighting force. Slash through hordes of enemies and defeat monstrous bosses with the combined power of all your heroes.
  • Legendary Arsenal - Equip and upgrade your heroes with lethal gear designed for all fighting styles, including the mythical club of Hercules!
  • Fighting Pit - Show off your battle skills against friends and players around the world. Become the champion of the Fighting Pit through powerful winning streaks and prove your status to players across the globe!

Hercules: The Official Game is available for free from the App Store on iPhone, iPad, or iPod touch at http://bit.ly/1pXRUDq. Hercules: Battle for Redemption is also available on Google Play http://bit.ly/1vxXtKo.

###

About Glu Mobile
Glu Mobile (NASDAQ:GLUU) is a leading global developer and publisher of free-to-play games for smartphone and tablet devices. Glu is focused on creating compelling original IP games such as CONTRACT KILLER, DEER HUNTER, ETERNITY WARRIORS, and FRONTLINE COMMANDO on a wide range of platforms including iOS, Android, Windows Phone, and MAC OS. Glu's unique technology platform enables its titles to be accessible to a broad audience of consumers globally. Founded in 2001, Glu is headquartered in San Francisco with a major office outside Seattle, and international locations in Canada, China, India, Japan, Korea, and Russia. Consumers can find high-quality entertainment wherever they see the 'g' character logo or at www.glu.com. For live updates, please follow Glu via Twitter at www.twitter.com/glumobile or become a Glu fan at Facebook.com/glumobile.

CONTRACT KILLER, DEER HUNTER, ETERNITY WARRIORS, FRONTLINE COMMANDO, GLU, GLU MOBILE and the 'g' character logo are trademarks of Glu Mobile Inc.

About Metro-Goldwyn-Mayer
Metro-Goldwyn-Mayer is celebrating 90 years as a leader in the entertainment business and as an innovator in the industry. Today, MGM is an entertainment company focused on the production and distribution of film and television content globally. The company owns one of the world's deepest libraries of premium film and television content.  In addition, MGM has investments in domestic and international television channels. For more information, visit www.mgm.com.

About Hercules
From Paramount Pictures and Metro-Goldwyn-Mayer Pictures, "Hercules" stars Dwayne Johnson as both man and myth, leading a band of mercenaries to help end a bloody civil war in the land of Thrace and return the rightful king to his throne. A tormented soul from birth, Hercules has the strength of a God but feels the suffering of a human. Unimaginable villains will test the mythical power of Hercules in director Brett Ratner's gritty take on one of the most epic action heroes of the ages. The film also stars Ian McShane, Rufus Sewell, Joseph Fiennes, Peter Mullan, Aksel Hennie, Ingrid Berdal, Reece Ritchie, Tobias Santelmann, Rebecca Ferguson, Isaac Andrews and John Hurt. "Hercules" is produced by Beau Flynn, Barry Levine and Brett Ratner. Based on Radical Comics' "Hercules" by Steve Moore, with a screenplay by Ryan J. Condal and Evan Spiliotopoulos. Directed by Brett Ratner.

Media Contacts
Jason Enriquez
Glu Mobile Inc.
PR@glu.com
(415) 800-6263


HUG#1812271


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Financials ($)
Sales 2016 203 M
EBIT 2016 -50,4 M
Net income 2016 -90,1 M
Debt 2016 -
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017
Capi. / Sales 2016 1,42x
Capi. / Sales 2017 1,33x
Capitalization 288 M
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Average target price 2,56 $
Spread / Average Target 18%
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Nick Earl President & Chief Executive Officer
Niccolo M. de Masi Executive Chairman
Eric R. Ludwig Chief Operating & Financial Officer, Executive VP
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