GlobalFun filing for IPO Q1 2008
Karlskrona Sweden, 3rd December 2007 - GlobalFun, www.globalfun.com, a wireless entertainment Publishing and Development company has revealed its plans to file for an IPO in Sweden during the first quarter of 2008.
"We are at the tipping point and felt that an IPO would give us the tools needed to push forward faster. There's a lot of interesting movements in the market that will define this industry as we move on. To have some of the stock floating provides both a small injection of funds but more importantly a market valuation of the company and a currency for acquisitions" commented Marcus Johansson, CEO of GlobalFun.
GlobalFun has with its operations in Sweden, USA, Argentina, Italy and Spain a global presence and deal with many of the major channels in the mobile space. The company has since start focused on close customer relations and high-quality mobile games. It has developed a wide product and customer base with a steady and healthy growth rate.
More information regarding the IPO will be available in January 2008, kindly write to investor-relations@globalfun.com to indicate your interest in receiving it.
About GlobalFun
GlobalFun is a leading wireless entertainment developer and publisher. GlobalFun brings state of the art, high quality wireless games to end-users worldwide by being a preferred supplier to wireless carriers, hand-set manufacturers and e-tailers. Sony Ericsson, AT&T, Ericsson, T-Mobile, Boost, Sprint/Nextel, Verizon Wireless, TeliaSonera, Ubbi, Vodafone, Jamba, Proximus, Mobistar, Aspiro (inpoc.se and more), Rogers/Fido, Telefonica Moviles, Claro, Personal, China Mobile and many more are all part of GlobalFun's global distribution network. GlobalFun is headquartered in Sweden with local offices in North America, South America and Europe. For updated information on GlobalFun, our products and customers, please visit www.globalfun.com
For more information about GlobalFun please contact: Marcus Johansson, CEO, +46 455 61 50 39, marcus.johansson@globalfun.com