TAIPEI, April 10, 2014 /PRNewswire/ -- GigaMedia Limited
(NASDAQ: GIGM) announced today that games industry veteran
Dane Wu has joined the company as
chief strategy officer of its online games business. Mr. Wu will
work closely with Chief Executive Officer Collin Hwang and the rest of the management team
in creating strategies that will strengthen and sustain GigaMedia's
operations in today's rapidly evolving online games industry.
Mr. Wu has over 20 years experience in the online games and
entertainment software industries. He has worked with many of the
world's leading online game companies and has a proven track record
in developing growth plans, building business relationships, and
creating competitive operations. He most recently served as the
president and chief executive officer of C&C Media, the
Tokyo operations of China's games leader Perfect World. Prior to
that, he served as the general manager of the licensing division of
Perfect World, where he developed a global licensing network of
over 50 companies in 30 different countries, built the world's
first and largest B2B customer support system for online games, and
executed global alliances and promotions that drove growth.
"Dane is a dynamic leader, passionate about the games industry,
with a rare combination of skills, experience, and business sense -
qualities that are vital to successfully developing games
operations," stated GigaMedia Limited CEO Collin Hwang. "I have no doubt he will have a
major impact on Giga as we continue to re-imagine and strengthen
our business."
GigaMedia's online games business is focused on browser / mobile
games and social casino games. Investments to rebuild GigaMedia's
game pipeline and upgrade systems are ongoing to support
anticipated future growth. The company plans to launch multiple new
mobile games and new social casino games in 2014; management is
confident the online games business will deliver growing revenues
in 2014.
Mr. Wu is based in Taipei.
About GigaMedia
Headquartered in Taipei,
Taiwan, GigaMedia Limited (Singapore registration number: 199905474H) is
a diversified provider of online games and cloud computing
services. GigaMedia's online games business develops and operates a
suite of games in Taiwan and
Hong Kong, with focus on Web-based
/ mobile games and social casino games. The company's cloud
computing business is focused on providing SMEs in Greater China with critical communications
services and IT solutions that increase flexibility, efficiency,
and competitiveness. More information on GigaMedia can be obtained
from www.gigamedia.com.
The statements included above and elsewhere in this press
release that are not historical in nature are "forward-looking
statements" within the meaning of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995. GigaMedia
cautions readers that forward-looking statements are based on the
company's current expectations and involve a number of risks and
uncertainties. Actual results may differ materially from those
contained in such forward-looking statements. Information as to
certain factors that could cause actual results to vary can be
found in GigaMedia's Annual Report on Form 20-F filed with the
United States Securities and Exchange Commission in April 2013.
FOR IMMEDIATE RELEASE For further information
contact:
Brad Miller, Investor Relations
Director
Tel: +886-2-2656-8016
Brad.Miller@GigaMedia.com
SOURCE GigaMedia Limited