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Telcogames acquires Fathammer


London, United Kingdom and Helsinki, Finland 06 June 2006 - Telcogames, a global publisher, developer and distributor of mobile games, today announced that it has acquired Fathammer, the Helsinki based developer of advanced mobile games. The acquisition establishes Telcogames as the global market leader in mobile smartphone games, and expands the reach of Fathammer's games portfolio further globally.

'Combined with our Magic Productions acquisition, this deal positions Telcogames as a world leader in publishing, development and distribution of native and advanced mobile games. Fathammer immediately adds 24 exclusive 3D titles to our portfolio, most of which have not been distributed yet. Fathammer will continue producing superb 3D games for 3rd parties, such as Disney's Narnia and Eidos' Tomb Raider, as well as their own original IP', says Jamie Conyngham, CEO of Telcogames.

'Fathammer has six years of experience in developing mobile 3D games, which makes our development team the pioneers in this field. Our talented game development studio is a perfect complement to the unparalleled distribution channels of Telcogames', says Annariikka Lönnberg, Managing Director of Fathammer.

The deal is positive for the mobile game end-customer, and helps move the sector forward by setting the quality bar higher. Fathammer's High End native games will immediately start to be distributed by Telcogames to consumers via carriers, off-portal and retail channels. The games are true 3D games taking advantage of carriers' faster data networks. Currently mobile games tend to be around 40K-200K in file size; Fathammer's new portfolio of titles range from 100K - 16MB, with the majority of the games ranging from 1 - 5 MB. Consumers will get a deep, high quality 3D mobile gaming experience.

'We see the combination of Telcogames and Fathammer as a natural next step in the development, forming a company, which is better positioned to capitalize on market opportunity. Telcogames management team has clear vision and proven execution capability, key criteria for us, when considering the transaction', says Kimmo Korpela, Director of 3i.

Additionally, the acquisition gives Telcogames two new territories of operations in Finland and Korea. Finland being one of the leading countries for wireless innovation, and Korea leading the world in advanced mobile games. Telcogames has already begun distributing games in Korea and China via Fathammer Asia contracts with SKT, KTF and Digital Red.

Founded in 2000, and based in Helsinki, Finland and Seoul, South Korea, Fathammer has gained wide industry recognition with its advanced 3D mobile games. Their games portfolio offers a versatile mix of intense and casual games in a wide range of genres. Fathammer supports all major mobile platforms including BREW, Java, WIPI, Symbian OS and Windows Mobile.

Since it was founded three years ago, Telcogames has established itself as the leading 'Off-Portal' distributor globally, as well as supplying to many of the world's Tier 1 - 3 carriers. In Q4 last year, Telcogames acquired Magic Productions development studio in France to strengthen its publishing activities for native smartphone games ported from console classics. The recent addition of Fathammer original IP and 3D titles consolidates Telcogames position as the leader in publishing and distribution of native smartphone games.

Fathammer will operate as a wholly owned subsidiary of Telcogames. Fathammer's current employees will continue with Telcogames in Helsinki and Seoul. The X-Forge® middleware part of Fathammer has been sold to a third party. Annariikka Lönnberg, Fathammer's current General Manager, has been promoted to Managing Director of Fathammer. She will report to Lewis MacDonald, COO of Telcogames in London. Fathammer's current investors, 3i and Nexit Ventures, will become investors in Telcogames.


Notes to Editors
Mobile content trends: Premium mobile content market to


Publisher Contact Information:

Fathammer Ltd.
+44 7747 844 854
press@telcogames.com

Company profile of Fathammer Ltd. (Acquired by Telcogames)
Past press releases of Fathammer Ltd. (Acquired by Telcogames).

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