ePlay Digital, Inc. / Mobovivo and 3-WORX Execute Development and Software Licensing Agreement . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement. Mobovivo team and ...
ePlay Digital, Inc. / Mobovivo and 3-WORX Execute Development and Software Licensing Agreement . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.
Mobovivo team and platform to power new 3-WORX games
CALGARY, Alberta, Oct. 18, 2017 (GLOBE NEWSWIRE) -- Mobovivo, a subsidiary of ePlay Digital Inc. (CSE:EPY), today announces that it has executed a development, licensing and revenue sharing agreement to power new apps from 3-WORX. 3-WORX has launched a subscription-based model for gaming and is adding new games to its platform with the help of Mobovivo. 3-WORX will utilize the technology, team and expertise at Mobovivo to deliver innovative technology solutions for the marketplace.
Mobovivo has added the ability for brands to create dynamic, context, interactive, and location-aware experiences including mobile games, customized advertising, and apps. Mobovivo customers and partners, like 3-WORX, pay for customization and license Mobovivo software for a monthly fee. In addition, Mobovivo and 3-WORX has entered into a revenue sharing agreement on in-app purchases, subscriptions and advertising.
"We are thrilled to be able to bring Mobovivo's product, team, experience and technology to the 3-WORX team," says Jacob Anderson, CEO of 3-WORX. "The 3-WORX games already have paid subscribers and we are looking to engage them with even more games."
The project will launch as a brand new mobile game in the coming weeks.
"Mobovivo has built several first-to-market apps for companies big and small," says Trevor Doerksen, CEO of Mobovivo. "Our team understands what it takes to build and accelerate a new technology whether it's for Fortune 500 companies like ESPN or Intel or for the next startup looking to become a unicorn."
Mobovivo is a team of TV producers and talented software engineers that turn the industries biggest threat - mobile devices pulling audiences away from TV - into their greatest asset - revenue.
Mobovivo's Real-Time Sports Game Engine supports over 100 million interactions / minute for companies like ESPN, CBS, Cineplex, TWC and Intel enabling viewers to engage with content and social daily fantasy across all screens and platforms.
Video, gamification, synced behind-the-scenes, and social media extensions entertain and capture audience data for video producers and brands.
Mobovivo is a wholly owned subsidiary of ePlay Digital.
3-WORX is an up and coming company that is exploding with exciting products and innovation. The creators of 3-WORX, have teamed up to provide sports enthusiasts, fans, fantasy players, and sports bettors with cutting-edge technology and information to better enhance the overall entertainment experience.
Utilizing social media and other "quick to consumer" funnels, 3-WORX has developed an Affiliate model to promote and bring to market revolutionary gaming products. "Changing the Game" is their motto, "Changing Lives" is their goal.
Further details are available under the Company's profile on SEDAR at www.sedar.com, and the Company's profile on the CSE's website at www.thecse.com/
Cautionary and Forward-Looking Statements
This news release contains forward looking statements and forward looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward looking statements or information. More particularly and without limitation, this news release contains forward looking statements and information relating to third party research and analysis, and the Company's corporate strategy. Although management of the Company believes that the expectations and assumptions on which such forward looking statements and information are based are reasonable, undue reliance should not be placed on the forward looking statements and information since no assurance can be given that they will prove to be correct, and management can neither agree or disagree on specific conclusions contained in the research report.
The forward looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the Exchange. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ePlay Digital, Inc. via Globenewswire
Source(s) : ePlay Digital, Inc.
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