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http://www.oberon-media.com
October 17, 2007 07:30 AM Eastern Time 

Oberon Media Ramps Up Eastern European Presence

Acquires Kenjitsu and Friends Games

Casual Connect

KIEV, Ukraine--(BUSINESS WIRE)--Oberon Media, the world’s leading multi-platform casual-games company, today announced it has significantly expanded its Eastern European presence by acquiring Kenjitsu, a Nikitova-affiliated outsourcing studio located in St Petersburg, Russia, and Friends Games, developer of the hit game Magic Match: The Genie's Journey, located near Kiev, Ukraine. By establishing a major hub for development of content and game platforms in Russia and the Ukraine, Oberon will be able to provide developers throughout the region with easy access to game production and marketing services, critical to developing hit titles in an increasingly competitive marketplace.

“A large part of Friends Games’ commercial success can be attributed to our publishing partnership with Oberon. Oberon has a strong array of services that can make any developer more successful.”

Olya Nikitova, co-founder of Kenjitsu and CEO of Nikitova Games, will join Oberon as VP of Online Publishing Eastern Europe and will oversee the publishing operations, from St Petersburg, where the company’s new Eastern European headquarters will be based. Taras Tarasov, founder and President of Friends Games, will join Oberon as Director of Eastern European Developer Relations and will manage relationships with casual game developers throughout the region.

Don Ryan, SVP of Publishing for Oberon, commented: “Eastern Europe is full of highly skilled casual game developers who have been contributing to the casual games space since its inception. By building a robust presence in this territory, Oberon will be able to provide its developer partners with market information to make better informed decisions about product design as well as secure the broadest possible distribution across multiple platforms. Oberon’s new Eastern European team is dedicated to bringing new opportunities to top local talent, so they can achieve their full potential as world-class developers.”

“By establishing a major presence here, Oberon’s goal is to leverage the vast pool of talent the region has in the games industry and to become the partner of choice for developers throughout Eastern Europe. We will be adding to Oberon’s impressive list of developer services with expertise such as high-end art production, of which Kenjitsu is a master.” says Olya Nikitova. In addition to her new role at Oberon, Olya will continue in her current role at Nikitova Games.

“A large part of Friends Games’ commercial success can be attributed to our publishing partnership with Oberon. Oberon has a strong array of services that can make any developer more successful.” says Taras Tarasov.

Terms and Conditions

Financial terms of the acquisitions were not disclosed.

About Oberon Media

Oberon Media, the world’s leading multi-platform casual-games company, is the first company to deliver global, integrated casual-games solutions across online, mobile and interactive TV platforms, following its recent acquisitions of I-play and PixelPlay, respective leaders in the mobile games and iTV casual games markets.

The Oberon Game Center platform is the industry standard and has been adopted by some of the world's largest corporations including Microsoft, Comcast, Verizon, Electronic Arts, France Telecom and NHN. The platform combines casual-game content, merchandizing and features to fulfill each partner's specific needs. Oberon Media's publishing arm works with the industry's best, award-winning game developers to produce the top-selling casual games, which can be played in more than a dozen languages across online, mobile, console and iTV platforms.

Founded in 2003, Oberon Media is headquartered in New York with offices across North America, Europe and Asia, and is backed by Goldman Sachs, Morgan Stanley, Oak Investment Partners and Lehman Brothers.

For more information visit: http://www.oberon-media.com

About Nikitova LLC

Nikitova LLC is a leading international multimedia development company with offices in Chicago, Los Angeles, London and development studios in Eastern Europe. Nikitova LLC provides game development services for PC and all existing console and mobile platforms. For further information on Nikitova go to: www.nikitova.com

Olya Nikitova bio

Original co-founder of the company, Olya is a true leader and has an unparalleled ability to create a unified team vision and to motivate people to produce outstanding results. As President and CEO of Nikitova LLC, Olya Nikitova is responsible for the management of Nikitova LLC with offices in Los Angeles and Chicago along with branch Eastern European production studios operations. This includes overseeing strategy, research and development for all Nikitova LLC products such as Game Development for PC, Console and Mobile platforms, Product development such as MoboWise, Film Animation and other. In addition to operational and strategic activities, Olya also co-manages the financial, marketing, human resources and legal business side of Nikitova LLC,and has accomplished the idea of creation of Game Development School based on one of Nikitova’s studio which has transformed to the Nikitova Academy of 3D art, currently giving education to many talented specialists. During her last 12 years in the US she has worked in top executive positions, led a financial division of an International Fortune 1000 company and worked as the CFO of a financial services dot-com start-up.

Contacts

Oberon Media
Anna Brog, +44-7787-561352
anna.brog@oberon-media.com

http://www.oberon-media.com

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