Atari® partners with Animoca Brands to make blockchain versions of Atari games RollerCoaster Tycoon® Touch™ and Goon S...
18 Décembre 2018 - 8:00AM
Atari® partners with Animoca Brands to make blockchain
versions of Atari games RollerCoaster Tycoon® Touch™ and Goon
Squad™
Atari® partners with Animoca Brands
to make blockchain versions of Atari games RollerCoaster Tycoon®
Touch™ and Goon Squad™
Paris, France and Hong Kong, China -
December 18, 2018 – Atari, one of the world’s most famous
editors and producers of interactive entertainment, today announces
that it has entered into a license agreement with Animoca Brands
Limited, a subsidiary of Animoca Brands Corporation Limited (listed
on ASX: "AB1"). The Agreement grants Animoca Brands the rights to
produce and publish blockchain versions of the popular Atari mobile
game titles RollerCoaster Tycoon Touch and Goon Squad globally
(excluding China, Hong Kong, Taiwan and Macau).
At the same time, Animoca Brands and Atari also
entered into a memorandum of understanding to develop a strategic
partnership to explore mutual opportunities in gaming, product
development, blockchain, and other areas.
RollerCoaster Tycoon Touch has over 19 million
downloads globally and has benefited from the successful launch of
the water park expansion in July 2018 as well as the addition of
new restaurant features in September 2018 in partnership with
Foodgod (aka Jonathan Cheban), famous for his reality show
appearances on the hit television show "Keeping Up with the
Kardashians", who gathers a community of 3 million followers.
Goon Squad drops players into an underworld
ruled by mobsters, gambling and fast-paced card battles. Players
can plot a path from lowly Goon to all-powerful Godfather in the
free-to-play title, collecting cards to rise through the ranks and
build the ultimate criminal empire.
Based on the Agreement, Animoca Brands will
produce and publish blockchain-based versions of the Atari games
RollerCoaster Tycoon Touch and Goon Squad. The new titles will
feature the integration of non-fungible tokens (NFTs). The term of
the Agreement extends through to 31 March 2022.
Animoca Brands expects to publish the games in
the latter half of 2019.
As consideration for the license to develop and
publish the Games, Animoca Brands will pay to Atari a minimum
guarantee against future revenues of US$250,000, payable in shares
of the Company’s stock (listed on ASX: "AB1"). A revenue share
will be payable to Atari after gross revenues generated by the
Games exceed a total of US$500,000.
The shares offered in consideration to Atari
will be subject to a lock-up period of nine months from the
effective date, and will be released from lock-up in a phased
schedule extending through 31 August 2019.
Yat Siu, the co-founder and chairman of Animoca
Brands, said: “This deal marks a special moment for me because I
started my career working with Atari and using Atari computers. The
RollerCoaster Tycoon franchise is, like many of Atari’s properties,
a true evergreen, having been around for two decades. Given the
strategic and commercial elements of this incredibly fun
simulation, it is a perfect candidate for blockchain
adaptation.”
Frédéric Chesnais, the main shareholder and CEO
of Atari, commented: “We are proud and delighted to enter into this
long-term and strategic relationship with Animoca Brands, which
also allows us to become a shareholder in one of the most exciting
innovators in the world of decentralized gaming. We hope that this
agreement paves the way to to further cooperation on other Atari
products.”
Financial agenda:
HY 2018-2019 Earnings (at Sept. 30, 2018) :
Thursday, December 20, 2018.
There is still inherent uncertainty in the
completion of these projects, their operating budget and financing
plan, and the failure of these assumptions to materialize may
affect their value.
About Atari
Atari, comprised of Atari SA and its
subsidiaries, is a global interactive entertainment and
multiplatform licensing group. The true innovator of the video game
founded in 1972, Atari owns and/or manages a portfolio of more than
200 games and franchises, including globally known brands such as
Asteroids®, Centipede®, Missile Command® or Pong®. From this
important portfolio of intellectual properties Atari delivers
attractive online games for smartphones, tablets, and other
connected devices. Atari also develops and distributes interactive
entertainment for Microsoft and Sony game consoles. Atari also
leverages its brand and franchises with licensing agreements
through other media, derivative products and publishing. For more
information: www.atari.com and www.atari-investisseurs.fr The Atari
shares are listed in France on Euronext Paris (Compartment C, ISIN
FR0010478248, Ticker ATA) and are eligible for the Nasdaq
International Designation program in the United States (OTC Market
- Ticker PONGF).
Contact
Atari - Philippe Mularski,
CFO
Calyptus - Marie Calleux Tel +33 1 83 64 61 57 -
pm@atari-sa.com
Tel + 33 1 53 65 68 68 – atari@calyptus.net
About Animoca Brands
Animoca Brands (ASX: AB1) leverages
gamification, blockchain, and artificial intelligence technologies
to develop and publish a broad portfolio of mobile products
including games such as The Sandbox, Crazy Kings, and Crazy Defense
Heroes as well as products based on popular intellectual properties
such as Garfield, Thomas & Friends™, Ever After High and
Doraemon. Animoca Brands is the exclusive China distributor of
CryptoKitties. The Company is based in Hong Kong, Canada, and
Finland. For more information visit www.animocabrands.com or get
updates by following Animoca Brands on Facebook, Twitter or Google
+.
Contact
press@animocabrands.com