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WKN DE: A114UR / ISIN: SE0005992831

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16.01.2015 11:00:52

Starbreeze AB: 505 Games acquires the game "Brothers - A Tale of Two Sons" from Starbreeze AB

Starbreeze AB, an independent creator, publisher and distributor of computer and video games, announced today that it has signed an agreement for the sale of its game "Brothers - A Tale of Two Sons" for a total sum of US$ 500 000 in cash. The game has sold more than a total of 800.000 units worldwide during its lifetime.

The transaction includes both the full entitlement to the game as well as related trademarks and domain names.

 "The sale represents our final transition to the digital strategy. With Brothers we've created a strong and critically acclaimed IP, which we now feel can be best nurtured under a new owner. Going forward, we will continue development focused on expansive design, a concept proven with the PAYDAY-franchise. Brothers will continue to generate awe and admiration for the great storytelling standard Josef Fares set under 505 Games watchful eye." said Bo Andersson Klint, CEO of Starbreeze AB.

Ian Howe, President of 505 Games, said "Brothers: A Tale of Two Sons is a remarkable game, one of the most affecting games of the last generation and one of which 505 Games has been very proud to be associated. This acquisition reflects 505 Games' stated strategy of owning and controlling its own IP, and, moreover, IP that can contribute something meaningful to the world of interactive entertainment."

For more information please contact:
Bo Andersson Klint, CEO, Starbreeze AB
Tel: +46(0)8-209 208, email: ir@starbreeze.com 

Brief information about Starbreeze:
Starbreeze is an independent creator, publisher and distributor of high quality entertainment products, headquartered in Stockholm, Sweden. At Starbreeze we create games by our own design and through licensed content, establishing franchises that can live and prosper outside the game itself. We live and die by gameplay.
Starbreeze is pioneering digital self-publishing, currently hosting one of the largest community groups on the digital distribution platform Steam. Starbreeze's most recent products include PAYDAY 2, our adrenaline fuelled bank robbing co-op game and the critically acclaimed adventure game Brothers -A Tale of Two Sons.

Starbreeze AB is publicly traded on Nasdaq OMX First North Premier under the ticker STAR and the ISIN code: SE0005992831. Starbreeze's brands include OVERKILL Software and the PAYDAY series.

See www.starbreeze.com for more information.




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Starbreeze AB via Globenewswire

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