Business
SilverBirch and G4Box report strong first quarter for Metin2 Online Multi-Player game
Large, previously untapped markets added through new partnership with Wallie, a leading prepaid c...
About this update from Silver Bull Resources, Inc.
[{"type":"text","content":"\n\n\n\nLarge, previously untapped markets added through new partnership with\n\n\nWallie, a leading prepaid card company\n\n\nTORONTO, Jan. 10 /CNW/ - SilverBirch Studios, a member of the SilverBirch\nInc. (TSX-V: SVB) group of companies, and G4Box, today announced strong sales\nfor the Metin2 Online Multi-Player Game in its first three months of\noperations. The companies also announced a partnership with Wallie(TM), a\nleading international prepaid card company that could open significant,\npreviously untapped markets for the game.\n\n\nSilverBirch Studios and G4Box report record weekly sales of more than\n$16,000 following strong week-over-week growth since Metin2 (www.metin2.us)\nwas launched commercially. Total game downloads now exceed 350,000, and the\nhighest number of daily concurrent users has topped 1,150.\n\n\n"The response to Metin2's release has been extremely encouraging and\ncontinues to grow," said G4Box Inc. CEO, Howard He. "Players' enthusiasm has\nfar exceeded our expectations. Other successful territories such as Japan and\nGermany took much longer to reach these levels."\n\n\nCommenting on the partnership with prepaid card company Wallie, Wojtek\nKawczynski, Senior Vice President and General Manager of SilverBirch Studios,\nsaid: "The partnership with Wallie provides a simple, secure and fast payment\nalternative for current and new users of Metin 2. Their extensive distribution\nin the Netherlands, Belgium, France, Mexico and the United Kingdom will help\nadd significant revenue and user base growth to Metin2."\n\n\nMetin2, a 3D fantasy game involving a medieval battle of empires, is a\nleading title in the MMORPG genre, one of the fastest-growing segments of the\nonline game market. Other localized versions of Metin2, in Germany and\nthroughout the Far East, have attracted a large and growing following,\naccording to the game's South Korean creator and Licensor, Ymir Entertainment.\nIt is part of a worldwide online game market that DFC Intelligence reports is\nforecasted to grow from US$3.4 billion in 2005 to over US$13 billion in 2011,\n55% of which will be derived from MMORPG games.\n\n\nAbout SilverBirch Studios Inc.\n\n\nSilverBirch Studios is a leading developer, based in Toronto,\nspecializing in premium handheld and mobile games. The Company is focused on\nend-to-end ...