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10Tacle Studios Enters Asian Market

by Rainier on July 28, 2006 @ 9:31 a.m. PDT

10Tacle Studios announced an extensive cooperation with Chinese Nineyou IT, to cover the sales and marketing of 10T products on the Asian market, the joint development of new multi-player games and the porting of existing concepts to Europe.

The two companies estimate that the new Asian-European partnership will generate additional revenue potential of over 10 million US dollars over the coming two years.

This move enables 9YOU and 10TACLE STUDIOS to bundle their expertise in their respective core markets, in order to best meet regional needs and to drive forward their international growth together. As the largest Asian online lifestyle entertainment services provider, 9YOU will contribute in particular its strengths in web-based game design, as well as online sales and marketing and payment solutions, to the partnership. 10TACLE STUDIOS will leverage its many years of development expertise and its proprietary technologies to ensure the compelling implementation and creative development of the projects.

Michele Pes, CEO of 10TACLE STUDIOS AG described the positive outlook in the largest market outside the United States: “This partnership is a vital step in our growth strategy in Asia and will greatly influence the earnings prospects of 10TACLE STUDIOS. Together with our partner 9YOU, we will develop extremely attractive projects in Asia and Europe.”

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