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MMORPG Game Launch

10th Aug 2017 07:00

RNS Number : 5544N
MySQUAR Limited
10 August 2017
 

10 August 2017

MySQUAR Limited ("MySQUAR" or the "Company")

MMORPG Game Launch

MySQUAR, the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, is excited to announce the launch of a new hardcore game called Land of Magic and the addition of Nanbat Wingabar to the Lucky Wingabar casual gaming platform.

Land of Magic (landofmagicmm.com) is the first MMORPG (massively multiplayer online role-playing game) targeted at the Myanmar market, the game allows users to choose from among three classes of characters with each class offering 9 unique skill sets. The game features realistic 3D graphic design, the ability to create clans/guilds for a group of players that regularly play together and a PvP (player versus player) fighting arena.

This genre is unique to the Myanmar market and Land of Magic is anticipated to benefit from the existing user base of other games and the integration with Telenor Myanmar for seamless payment. Land of Magic will use the 'freemium' model, which allows free play up to a certain level, after which players will have to pay for purchasing in-game items and has been developed for both Android and iOS devices.

This game will replace WuKong as the Company feels it will create greater revenue opportunities.

Nanbat Wingabar is a lottery game with three different game modes and had such a strong reception during an initial test phase that additional modes were added.

Eric Schaer, CEO of MySQUAR, said: "MySQUAR is pleased to bring the first MMORPG game to the Myanmar market and the Company will continue to deliver live action game formats unique to the Myanmar market. The Company remains focused on achieving monetisation targets and building new partnerships."

 

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

 

For further information:

 

MySQUAR Limited

 

Eric Schaer (Chief Executive)

Tel: +65 6818 6089

Pham Dang Hung (CFO)

 

 

 

SP Angel Corporate Finance LLP

 

Nominated Adviser

Tel: +44 (0) 203 470 0470

Stuart Gledhill/Soltan Tagiev

 

Beaufort Securities Limited

Broker

Jon Belliss/Elliot Hance

 

Public Relations

Damien McCrystal

 

 

 

 

 

Tel: +44 (0) 207 382 8300

 

 

Tel: +44 (0) 781 677 0758

[email protected]

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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