VANCOUVER, Jan. 7, 2020 /CNW/ - Axion Ventures Inc.
("Axion" or the "Company") (TSX VENTURE: AXV; OTCQX: AXNVF) is
pleased to announce through its majority-owned subsidiary, Axion
Games, a new publishing partnership with Axeso5 Latam SA ("Axeso5")
for Axion's flagship video game, Rising Fire. Under this
partnership, Rising Fire will be made available in Spanish and
Portuguese to a registered user base of over 14 million active
gamers throughout 21 countries in Latin
America.
This publishing contract represents the first time that Rising
Fire will be available to play outside of Tencent's WeGame
platform in China and Axion
expects that it will be live on the Axeso5 platform in
mid-2020.
Summary:
- First international publishing deal for Rising Fire outside
of Tencent's WeGame in China
- Publishing deal with Axeso5 increases total addressable
market for Rising Fire by 14 million gamers
- Expected launch: mid-2020
Axion Ventures CEO, J. Todd
Bonner, further commented "I am pleased to continue our
publishing partnership with Axeso5 as they have been our publishing
partner in the region since 2014, first with MARS 2
as well as its successor in the series, MARS: Infinite
Dimensions, and now with Rising Fire. We
carefully vetted all of the publishing companies in Latin America as potential publishing partners
for Rising Fire and Axeso5 are clearly the most capable
publishing partner in the region, and I'm confident they will be an
ideal publisher for Rising Fire."
"Rising Fire is a truly satisfying shooting game.
With its gorgeous sci-fi themed environments and beautifully
rendered characters, Rising Fire is sure to be a
tremendous success in Latin
America. We are confident the game is ideally suited for
this market, and with our localized service in Spanish and
Portuguese of Rising Fire, Axeso5 and Axion will
deliver a high-quality service to local gamers," said Cristian Schweizer, CEO of Axeso5. Axeso5 has an
extensive billing network in Latin
America and our players are eagerly anticipating playing
Rising Fire in their local languages with their local
currencies."
About Rising Fire
Rising Fire is
an 800+ man-year, science-fiction, first-person and third-person
hybrid shooter, role-playing game that has been initially developed
for the PC platform in China. The
game contains 7 player classes, over 30+ maps, and more than 200
weapons. Player-versus-player (PvP) and player-versus-environment
(PvE) modules are offered allowing users to compete in solo game
play featuring artificial intelligence or multiplayer, interactive
e-sports events.
About Axeso5.com
Since its launch in 2008, for over
11 years Axeso5.com is leading the MMO revolution in Latin America, hosting a vibrant community of
gamers and leveraging a winner portfolio ranging from casual MMOs
to hardcore MMORPG with top titles like Combat Arms, CrossFire, and
two #1 titles, Audition and Zula, and establishing a widespread
network of affiliated cybercafés throughout the region.
With over 14 million active gamer accounts in Latin America, Axeso5 provides the best
services for MMO players including Regional Tournaments and a wide
variety of events, support both in Spanish and Portuguese, and a
team with extensive knowledge in the current gaming scene. With
over 5,000 affiliated cybercafés and over 10,000 points of sale,
Axeso5 offers the most extensive gaming billing network in the
region.
Though its Esports Tournament platform Axeso5 offers over 500
monthly online and offline esports events that deliver more than
$30,000 in cash prizes to the more
competitive audience. The Axesofest, the largest gaming event in
Spanish-speaking territories, is now on its 8th edition
and has become the reference event among gamers in the region.
www.axeso5.com
About Axion Ventures
Axion Ventures is an
Investment Issuer with majority ownership in Axion Games, an online
video game development and publishing company headquartered
in Shanghai, China as well as in True Axion
Interactive Ltd., its video game development company headquartered
in Bangkok, Thailand co-founded with True
Corporation. Axion Ventures also maintains holdings in
other innovative technology companies.
www.axionventures.com
About Axion Games
Axion Games, formerly known as Epic
Games China, founded in 2006, is an independent AAA game
development studio and game publisher headquartered in Shanghai, China. Axion Games' biggest strength
lies upon its highest-production value; top-notch quality at the
lowest cost. Axion Games' development capability is extremely
well-regarded among global industry players and has played a
crucial role in helping developing content for multiple AAA titles
all over the world.
Axion Games' first original IP, Fat Princess, became the #1
seller on PS3 and PSP in 2009. The company also has several other
original IPs that have been continuously generating positive IRR
over the years. Axion Games' latest title "Rising Fire" was
selected by Tencent to be published
as the flagship title for 2017 in China.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Statement Regarding Forward-Looking
Information
Certain statements contained in this press release may constitute
forward-looking information. These statements relate to future
events or future performance. The use of any of the words "could",
"intend", "expect", "believe", "will", "projected", "estimated",
"proposed" and similar expressions and statements relating to
matters that are not historical facts are intended to identify
forward-looking information and are based on Axion's current belief
or assumptions as to the outcome and timing of such future events.
Actual future results may differ materially. In particular, this
release contains forward-looking information relating to global
distribution of the Game on multiple platforms through-out multiple
countries; formalizing and completing a long form agreement; launch
date of the Game; and expected Rising Fire shareholder updates.
Various assumptions or factors are typically applied in drawing
conclusions or making the forecasts or projections set out in
forward-looking information. Those assumptions and factors are
based on information currently available to Axion. Risk factors
that could cause actual results or outcomes to differ materially
from the results expressed or implied by forward-looking
information include, among other things: general economic and
business conditions; and changes in international regulatory
regimes. Axion cautions the reader that the above list of risk
factors is not exhaustive. The forward-looking information
contained in this release is made as of the date hereof and Axion
is not obligated to update or revise any forward-looking
information, whether as a result of new information, future events
or otherwise, except as required by applicable securities laws.
Because of the risks, uncertainties and assumptions contained
herein, investors should not place undue reliance on
forward-looking information. The foregoing statements expressly
qualify any forward-looking information contained herein.
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SOURCE Axion Ventures Inc.
