|By Business Wire||
|June 20, 2014 08:06 AM EDT||
Plaor, Inc., a wholly-owned subsidiary of vertical interest social media network CrowdGather, Inc. (OTCQB:CRWG), announced today that it has received exclusive social casino rights for certain games licensed from Multicommerce Game Studio. Plaor is the first social casino partner for Multicommerce Game Studio, a developer of premium real-world casino games. Plaor, Inc. has licensed two video slot games from Multicommerce Game Studio, the first of which – The Power of Zeus™ - is expected to launch in July 2014 on social and mobile platforms.
“We are pursuing an aggressive strategy focused on augmenting our proprietary games with exclusive licenses for leading video slot content,” said Richard Corredera, COO at Plaor. “Our relationship with Multicommerce Game Studio is an important part of our efforts to build a portfolio of licensed video slot games for Mega Fame Casino & Slots™ and strategic content partnerships that we believe will be one of the most extensive in the industry.”
Plaor, Inc. has also launched in its Mega Fame Casino & Slots™ the first two licensed video slot titles from Grover Gaming, Inc. - Searing Sevens™ and Reel Fruity™ - adding to our rapidly growing portfolio of innovative and entertaining gaming content. To start playing Mega Fame Casino & Slots™ for free, visit the Facebook App Center, Apple iOS App Store, or Google Play Store now.
About Multicommerce Game Studio
Multicommerce Game Studio is a leading independent game design studio with more than 10 years of experience in the global gaming industry focused on video slot content, Class II and bingo games. Additionally, Multicommerce Game Studio has a strong background in projects ranging from backend application, SAS development, and the complete development pipeline required for certified Class III game products.
About Grover Gaming, Inc.
Based in Greenville, NC, Grover Gaming is a rapidly growing software development company that combines artistic expertise, technical ability, and state of the art, real-time 3D graphics to create visually stimulating gaming content that enhances playability and showcases original experiences to a wide player audience. Grover Gaming has extensive experience in developing Bingo, Video Slot, and Video Game content and offers premium games for a wide variety of gaming markets including Class II, social casino, and other niche markets.
About CrowdGather, Inc.
With its growing portfolio of special interest forums and enthusiast message board communities, CrowdGather (www.crowdgather.com) has created a centralized network to benefit forum members, forum owners, and forum advertisers. CrowdGather provides a highly interactive and informational social network for members, a management and revenue-sharing resource for third-party forum owners, and a largely untapped advertising network for marketers worldwide.
CrowdGather subsidiary, Plaor, a company that specializes in developing highly scalable multi-platform games, is located in the heart of Boston's fast growing Innovation District. Plaor produces Mega Fame Casino, an innovative and highly rated social casino available on iOS, Android & desktop. With over 20 employees, the Plaor team is a mix of rising-star newcomers and widely-recognized game development veterans from companies including Rockstar Games, Turbine, Harmonix, Irrational Games, Nanigans, Sony Online Entertainment, ThoughtWorks, THQ, and Caesars Interactive Entertainment.
About Mega Fame Casino & Slots™
Mega Fame Casino & Slots™ is a high quality social casino available now on Facebook, iOS, and Android. Users can play more than a dozen unique slot themes, four types of Hold’em poker, video poker, along with the innovative MegaFame Blvd. Mega Fame Casino & Slots™ features more than 300 celebrities and offers weekly celebrity tournaments bringing truly unique star-studded experiences to social games. Based on Plaor’s unaudited financial statements and without the benefit of marketing and advertising resources CrowdGather will provide, Mega Fame Casino & Slots™ currently has more than 20,000 daily active users and generates approximately $1 million in annualized revenues.
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company’s growth and business strategy. Words such as “expects,”“will,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates,” and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company’s business; general economic, industry and market sector conditions; the ability to generate increased revenues from the Company’s forums; the ability to obtain additional financing to implement the Company's long-term growth strategy; the ability to manage the Company's growth; the ability to develop and market new technologies to respond to rapid technological changes; competitive factors in the market(s) in which the Company operates; and other events, factors and risks disclosed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
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