Tangelo Games Corp. (“Tangelo” or the “Company”) (TSX-‐VENTURE: GEL) and Leap Gaming (“Leap”) have entered into a partnership agreement under which Leap will be providing its virtual sports turnkey product to Tangelo’s social gaming platform. This partnership is a meaningful step taken by both companies as it represents one of the first times virtual sport is deployed as a social gaming product, and will include several innovations designed to optimize Leap’s product for social environments. Leap’s portfolio will be available across Tangelo’s European and Latin American facing social casino environments.
Tangelo Games partners with Leap GamingThe resulting product, which is already being developed and is planned to be released by the end of the year, will be a 3D virtual sports game adapted to fit social casino players with special social features to provide a more entertaining feeling and an easiest layout to allow faster game play.
Oscar Fonrodona, Tangelo’s Managing Director, stated: “I am delighted by this new collaboration with Leap Gaming. Their virtual sports products are truly state of the art and provide an exquisite user experience across all platforms. We are sure that the resultant product will fit very well with our players and our consumer brands and will help both our ability to retain and monetize existing players, as well as open new channels of acquisition”.
Yariv Lissauer, Leap Gaming’s Chief Executive Officer mentioned: “We are thrilled to partner up with Tangelo Games and provide our virtual sports through their extensive footprint. While our product will complement Tangelo’s gaming portfolio extremely well, we will extend our expertise on social gaming through a leading company. We look forward to a long lasting partnership”.
About Tangelo Games
Tangelo Games Corp., the parent company of Diwip and Akamon, formerly known as Imperus Technologies Corp., is a developer of social and mobile gaming for PC, Mac, iOS and Android platforms. Diwip and Akamon design, develop and distribute their top ranked social casino-‐themed games within online social networks (such as Facebook) and mobile platforms (such as Android and iPhone). All of the Diwip and Akamon games are free to play and generate revenue primarily through the in-‐game sale of virtual coins.
About Leap Gaming
Founded in 2006, Leap Gaming is a developer of state of the art 3D retail, web and mobile games. Leap’s product and development teams are located in Israel and its business is based on long lasting partnerships with leading gaming operators as well as on its commitment to achieve great products which beat the industry standard. Leap developed a unified 3D games’ generation platform which is capable of creating best of breed, ultra-‐realistic 3D games in an agile mode. Its gaming applications include virtual sports, casino and casual games. www.leap‐gaming.com
For more information
Tangelo Games Corp.
isabel.guerrero@tangelogames.com/+34 687 55 28 55 / Twitter: @TangeloGames
Spyros Karellas | Pinnacle Capital Markets Ltd. Investor Relations | 416-‐433-‐5696
spyros@pinnaclecapitalmarkets.ca
Leap Gaming
Info@leap-‐gaming.com/ +44 203 60 86 594/ Leap_Gaming
source : www.calvinayre.com
