Hamburg, Germany. May 16th, 2016

Bytro Announces New World Empires

Stillfront’s studio Bytro Labs today announces the release of the game ‘New World Empires’. The game will be open to the public during the first week of June in an open beta. The game is developed and published by Bytro Labs based upon the proven huge successes Supremacy 1914 and Call of War and built on Bytro’s successful engine SUP. The development of New World Empires contains not only a grand strategy war game but also an entrance into a partly new category of games – exploration games – and therefor this opens up for a broader audience. Thus, significant investments have been made into the SUP engine in order to support exploration specific features of New World Empires.

Christopher Lörken, Managing Director, Bytro Labs, comments

” I am very proud of the quality and content of New World Empires. We are looking forward to the reaction of our current gamers as well as the new audience we will target with this new game. I am equally proud of the great work that the entire team at Bytro has performed with the development, and I look forward to a continued development of products to reach further market success to a broader target group several years to come.”, Christopher Lörken, Managing Director, Bytro Labs, comments.

Jörgen Larsson, CEO, Stillfront Group, comments

” I congratulate the entire team at Bytro on the great work with New World Empire. The Bytro team has excellent capabilities and expertise in developing and publishing state-of-the-art grand strategy games. New World Empires contains new elements that are very promising for continued success of Bytro. I am convinced New World Empires will strengthen Bytro’s and Stillfront’s market positions.”, Jörgen Larsson, CEO, Stillfront Group, comments.

For additional information, please contact:

Jörgen Larsson, CEO at Stillfront
Phone: +46 70 321 18 00
E-mail: jorgen@stillfront.com

About Stillfront

Stillfront is an independent creator, publisher and distributor of digital games – with a vision to become one of Europe’s leading indie game creators and publishers. Stillfront operates through four near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, and Dorado Online Games in Malta. Stillfront’s games are distributed globally. The main markets are Sweden, Germany, the United States and South America. For further information, please visit www.stillfront.com.

Selected games

Stillfront’s portfolio includes games across multiple platforms. Unravel, developed by Coldwood in collaboration with Electronic Arts, won 20+ awards at E3 and gamescom and was released in February 2016. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001.

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Hamburg, Germany. May 9th, 2016

Stillfront finalizes acquisition of Bytro Labs

Stillfront Group AB (publ) (“Stillfront”) finalizes its acquisition of Bytro Labs GmbH (“Bytro”). Stillfront acquired 51% of the shares in Bytro in 2013. In accordance with the acquisition agreement entered in 2013, Stillfront now completes the acquisition of the remaining 49% of the shares. The purchase price, based on Bytros sales and earnings in 2015, consists of a combination of a cash payment and shares in Stillfront. The board of Stillfront will convene an extraordinary meeting shortly, at which the meeting is to resolve on the issue of 560,724 new shares as the share component of the purchase price.

The acquisition is effective as of January 1, 2016. Stillfront consolidates 100% of Bytro’s results starting January 1, 2016.

The acquisition of the remaining 49% of the shares in Bytro will strengthen the pre tax profit attributable to the parent’s shareholders. This would in 2015 pro forma be strengthened by 2,787 KSEK.

Jörgen Larsson, CEO, comments

“We are very pleased with the development in Bytro both in terms of revenues and earnings, but also when it comes to development plans of the business. I congratulate the entire team at Bytro for the fantastic development it has shown since Stillfront acquired Bytro in 2013. Bytro accounts for the largest share of revenue in Stillfront and is an important piece of Stillfront’s future. Bytro is an example of a very successful acquisition in line with Stillfront’s acquisition strategy.” says Jörgen Larsson, CEO.

For additional information, please contact:

Jörgen Larsson, CEO at Stillfront
Phone: +46 70 321 18 00
E-mail: jorgen@stillfront.com

Sten Wranne, CFO at Stillfront
Phone: +46 70 585 12 58
E-mail: sten@stillfront.com

About Stillfront

Stillfront is an independent creator, publisher and distributor of digital games – with a vision to become one of Europe’s leading indie game creators and publishers. Stillfront operates through four near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, and Dorado Online Games in Malta. Stillfront’s games are distributed globally. The main markets are Sweden, Germany, the United States and South America. For further information, please visit www.stillfront.com.

Selected games

Stillfront’s portfolio includes games across multiple platforms. Unravel, developed by Coldwood in collaboration with Electronic Arts, won 20+ awards at E3 and gamescom and was released in February 2016. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001. Gladiators Online is an action management strategy game, launched on Steam in Q4 2015.

Nasdaq First North Ticker Symbol: SF
Certified Adviser: Avanza Bank, phone +46 8 4094 2120