TAIPEI, June 5, 2014 /PRNewswire/ -- GigaMedia Limited
(NASDAQ: GIGM) announced today that it has secured exclusive
license rights from Rumble Entertainment, Inc. to offer and operate
their acclaimed next-generation browser action/role-playing game,
KingsRoad.
Rumble is renowned for creating high-end, free-to-play games
that push the boundaries of quality and technology. Rumble's games
are designed to be easy to play, real-time and available across
platforms. Rumble has a top-tier management and development team
composed of experienced professionals from leading game companies,
including Blizzard Entertainment, Inc., Electronic Arts Inc., and
Bioware/Pandemic.
KingsRoadis a multiplayer action role-playing game (RPG)
that delivers AAA visuals and gameplay, delivered instantly on the
Web. In KingsRoad, players choose from one of three
different classes -- knight, archer, and wizard -- and embark on a
journey across the kingdom of Alderstone to reclaim their land from
the monstrous creatures that threaten it. KingsRoad offers
real-time action combat, a robust loot and skill system and
towering bosses with none of the grind associated with RPGs of the
past. Session-based gameplay, drop-in three player co-op,
cloud-saved game data and absolutely no barriers to entry give
players a truly epic action-RPG experience on both the Web and
iPad.
"KingsRoad is an innovative, brilliant blend of the real
flavor of console games with the simplicity and convenience of
browser play," stated GigaMedia Limited Chief Executive Officer
Collin Hwang. "Split into short
sequences, players can play with friends or alone whenever they
have an extra 10 minutes and later pick up right where they left
off."
"This is a gaming experience that hasn't been seen before,"
stated GigaMedia CEO Collin Hwang.
"Triple-A quality, exciting MMO action, with low cost and no
installation required is also a great fit with our markets."
"Our markets are rapidly transitioning from PC-based gaming to
browser and mobile gaming, creating new opportunities," stated
GigaMedia CEO Collin Hwang. "No one
is more thoughtful about market changes and opportunities than
Rumble -- we are thrilled with their game and delighted to
partner with them."
"We designed KingsRoad to have a broad international
appeal and GigaMedia is the ideal partner to help introduce the
game to a new audience," stated Rumble Chief Executive Officer
Greg Richardson. "With GigaMedia's
localization and operating expertise, along with our ongoing
updates and game additions, we are confident that together we've
created a winning combination for gamers across Asia."
Under the terms of the agreement with Rumble, GigaMedia has
exclusive rights to operate KingsRoad in Taiwan, Hong
Kong, and Macau for three
years.
GigaMedia expects to launch KingsRoad in Taiwan, Hong
Kong and Macau in late
2014.
To learn more about the game, visit
www.rumblegames.com/kingsroad.
Licensing of KingsRoad is the latest step in GigaMedia's
plan to transition to browser/mobile games. GigaMedia launched its
first mobile game in March 2014 and
expects to license additional games in 2014.
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
browser/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. To learn more about GigaMedia, please visit
www.gigamedia.com.
About Rumble Entertainment
Rumble Entertainment, headquartered in San Mateo, Calif., is dedicated to building
polished games and shared experiences that embrace the digital
world. The team is comprised of talented creators that believe in a
customer-led approach to delivering great games. Rumble's upcoming
2014 slate of games are free-to-play and available across a variety
of browsers, mobile devices, and social networks. Rumble is
financed by Google Ventures, Khosla Ventures, and Nexon. Learn more
at http://www.rumblegames.com.
MEDIA CONTACT INFORMATION:
GigaMedia Limited
Brad Miller
Investor Relations Director
T: +886-2-2656-8016
E: brad.miller@gigamedia.com
Rumble Entertainment
Chris Kramer
Fortyseven Communications
T: +1-415-543-9247
E: rumble@fortyseven.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 2014.
SOURCE GigaMedia Limited