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Gaming Minds Studios launch

Fifteen-strong team of former Ascaron developers based in Gütersloh, Germany and backed by Kalypso Media.

Worms / Bracknell, 18th June 2009

Kalypso Media are now the majority shareholder in a newly founded games studio based in Gtersloh, Germany. Operating under the name of Gaming Minds Studios GmbH, the studio is led by associates Daniel Dumont and Kay Struve and consists of a team of fifteen developers formerly employed by Ascaron Entertainment.

For Kalypso, this move is not just an expansion of our own studio capacities, but will also allow us greater independence in our games development. We currently have four new titles scheduled for release in 2010 which are being developed in our Munich and Gtersloh studios said Stefan Marcinek, Global Managing Director for Kalypso Media Group.

In June, Kalypso acquired the majority of licenses and assets of Ascaron Entertainment GmbH when the firm entered insolvency. Among the games titles acquired were Port Royale, Darkstar One, On the Ball and The Patrician. The well established The Patrician games series will be continued this summer with the forthcoming release of the eagerly awaited The Patrician III.

Fans are eagerly awaiting a sequel to The Patrician series, particularly in Europe and Germany. By acquiring the original license and developers for The Patrician series we are delighted to be able to produce a worthy successor to this cult series and market it worldwide continues Marcinek.

The Gtersloh studio is being led by Daniel Dumont as CEO with lead designer and Kay Struve as technical director taking responsibility for coordinating internal workflow.

About Kalypso Media

Specialising in the publishing of interactive media primarily computer games - Kalypso Media was founded in summer 2006 by industry veterans Simon Hellwig and Stefan Marcinek. A year later, the sister company Kalypso Media UK Ltd. was opened in England and is now led by Andrew Johnson and Charlie Barrett, two experienced members of the Kalypso Media Group management team. Kalypso Media also own two development studios, Realmforge Studios GmbH and Gaming Minds Studios GmbH which are located in Germany.

www.kalypsomedia.com

For further Information contact

Ruth Fraser/Keiron Fraser/Martyn Abbott

Chaloner Associates (Cambridge) Ltd

Tel +44 (0) 1954 270599 or 270598

Mob +44 (0) 771 517 1788

firstname@chaloner-associates.co.uk

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