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The latest news about Stillfront Group and our Studios

Stillfront Group AB: MAU grew by 26% YoY

2018-07-09

PRESS RELEASEJuly 9, 2018 MAU grew by 26% YoY Stillfront Group AB ("Stillfront") systematically works with improving the product portfolio to optimize performance and reward/risk. Among many things, Stillfront continuously monitors the number of active users of the online games on a monthly basis (MAU - Monthly Active User) and daily basis (DAU - Daily Active User). During the second quarter of 2018, the average number of MAUs was 4,237,000. The number of DAUs was 1,021,000 on average during the quarter. The corresponding figures for the second quarter of 2017 were 3,354,000 and 902,000 DAUs (including Goodgame Studios). During the second quarter of 2018, the number of MAUs increased by 26%, and the number of DAUs increased by 13%, compared with the second quarter of 2017. During the first quarter of 2018, the average number of MAUs was 4,893,000 and the average number of DAUs was 1,115,000 (including Goodgame Studios). Thus, the second quarter 2018 showed a decrease of 13% regarding the number of MAUs and a decrease of 8% regarding the number of DAUs as compared with the first quarter of 2018. During the second quarter of 2018, Unravel Two was launched, which is not included in the DAU/MAU numbers. EMPIRE: Millennium Wars for browsers was launched during the last days of the quarter. In addition, Football Empire was launched during the quarter, which is co-published by Stillfront Group, but not included in the DAU/MAU numbers. Thus, no online games that had any material impact on the DAU or MAU numbers were launched during the second quarter of 2018. The three strong launches of Q4 2017 (Nida Harb 3, BIG FARM: Mobile Harvest and War and Peace: Civil War) continue to the refine their userbases. This has led to a slightly smaller number of users as compared to the last quarter, but with higher engagement and monetization. In total, the above numbers pertain to the 22 largest online games as ranked by revenues, i.e. Call of War, Supremacy 1914, Conflict of Nations, ManagerZone, DragonRealms, GemStone IV, SIEGE: Titan Wars, Tank Storm, Admiral, Nida Harb 3, Age of Lords, World at War, War and Peace: Civil War, eRepublik.com, Online Fussball Manager, Goodgame Poker, Legends of Honor, Goodgame Empire, EMPIRE: Four Kingdoms, Big Farm, BIG FARM: Mobile Harvest and EMPIRE: Millennium Wars. The numbers for Goodgame Studios (acquired in January 2018) have been included historically to improve comparability. Jörgen Larsson, CEO, Stillfront Group, comments "Our hit launches from Q4 2017 continue to deliver, while our older games continue to entertain players with new content and continuous updated. Stickiness (DAU/MAU ratio) continued to grow this quarter as well, and the monetization of our games continues to be very strong. I look forward to many interesting new launches during the second half of the year, with the strongest pipeline of new games we've ever had", Jörgen Larsson, CEO, Stillfront Group comments. FOR FURTHER INFORMATION, PLEASE CONTACT: Jörgen Larsson, CEOPhone: +46 703 211 800jorgen@stillfront.com Sten Wranne, CFOPhone: +46 705 851 258sten@stillfront.com ABOUT STILLFRONT Stillfront is a group of independent creators, publishers and distributors of digital games - with a vision to become the leading group of indie game creators and publishers. Stillfront operates through nine near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States, Babil Games in UAE and Jordan, eRepublik in Ireland and Romania, OFM Studios in Germany and Goodgame Studios in Germany. Stillfront's games are distributed globally. The main markets are Germany, the United States, France, UK and MENA. For further information, please visit www.stillfront.com. SELECTED GAMES Stillfront's portfolio includes games across multiple platforms. Unravel and Unravel Two are widely acclaimed console games developed by Coldwood in collaboration with Electronic Arts. 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. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Siege: Titan Wars(TM) is a popular mobile game developed by Simutronics. Nida Harb III and Admiral are mobile strategy games with very strong player bases, which are published by Babil Games. World at War: WW2 and War and Peace: Civil War are a successful mobile strategy games developed and published by eRepublik Labs. Online Fussball Manager is a leading sports management game. EMPIRE and BIG FARM are major brands operated by Goodgame Studios. Nasdaq First North Ticker Symbol: SFCertified Adviser: Avanza Bank, phone +46 8 409 421 20

Stillfront Group AB: eRepublik Labs Prepares Launch of Battle Star Arena

2018-07-05

PRESS RELEASE July 5, 2018 eRepublik Labs Prepares Launch of Battle Star Arena eRepublik Labs, one of the Stillfront Group studios, prepares to test launch Battle Star Arena, an innovative PvP action strategy game on the 5th of July 2018 on iOS and Android devices. Battle Star Arena is part of the innovation efforts from the eRepublik Labs team. Whilst 80% to 85% of the resources of the studio focus on its historical strategy MMOs, eRepublik Labs dedicates the rest of its resources exploring new types of games in the strategy genre. It is a similar effort that allowed it to break out of browser games and build the Age of Lords engine that was the first of its series of hit historical MMOs. Battle Star Arena is a retro-styled innovative player-vs-player card strategy game set in space, where you and your fleet of heavily armed space ships fight an enemy mothership and its fleet. It can be played both online against other players or even in-flight mode (offline) in a 40 levels campaign against AI controlled enemies. eRepublik Labs has a very tight control policy with these new games where test launches are used to learn and evaluate the potential of the concept. If the game shows promising KPIs and player behavior, a second version can then be prepared after a rigorous theme testing process and fine tuning of the game engine. If the KPIs are insufficient, then the game development is discontinued and learnings applied to the next project or in certain cases some features that showed good results used in other core projects. "It is important not to simply count on the ongoing success of our historical strategy MMOs but to also dedicate some of the team's time to constantly research new game concepts and engines that can help us learn and drive our future growth" says Alexis Bonte, co-founder and CEO of eRepublik Labs, a subsidiary of Stillfront Group AB." "eRepublik Labs has become a reference in the historical strategy MMO game genre. The way they have reached that level of success is not only by rigorously focusing on their core games but also by using a small part of their resources in experimenting with new concepts whose learnings can either be applied back in the core strategy MMO games or even create new lines of revenues"; says Jorgen Larsson CEO of Stillfront. eRepublik Labs is recognized by Google Play as one of its top developers in the world (all its games carry the "top developer" badge) and its games have often been selected for featuring by the Apple editorial team. eRepublik Labs has a strong track record for historically themed strategy MMO's on mobile. "War and Peace: American Civil War", eRepublik Labs most successful mobile game to date launched in October 2017 and is one of the top grossing strategy games in multiple markets on the Google Play Store and so is "Word at War WW2" that launched in October 2016. "Age of Lords" launched in March 2015 and is still one of the most appreciated Strategy MMO's with a loyal user base. All three games are profitable. THE EREPUBLIK STORY: eRepublik Labs is an independent team of veteran game crafters that are passionate about history and strategy. All have worked on games that have reached millions of players. eRepublik Labs is now part of an alliance of nine near-autonomous studios in Stillfront Group AB (quoted on Nasdaq First North, ticker SF). Previous games by eRepublik Labs include "Age of Lords", "World at War: WW2" and "War and Peace: American Civil War", all highly rated games with a very engaged community of strategy and history fans. eRepublik Labs is also the studio behind the critically acclaimed "Twin Shooter - Invaders", winner of Pocket Gamer Silver award and the maker of free to play browser pioneer eRepublik.com. More information on eRepublik Labs can be found at www.erepubliklabs.com FOR MORE INFORMATION For queries about the game please contact: press@erepubliklabs.com For all other queries please contact Stillfront: Jörgen Larsson, CEO Stillfront Tel: +46 703 211 800 jorgen@stillfront.com Sten Wranne, CFO Stillfront Tel: +46 705 851 258 sten@stillfront.com ABOUT STILLFRONT Stillfront is a group of independent creators, publishers and distributors of digital games - with a vision to become the leading group of indie game creators and publishers. Stillfront operates through nine near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States, Babil Games in UAE and Jordan, eRepublik in Ireland and Romania, OFM Studios in Germany and Goodgame Studios in Germany. Stillfront's games are distributed globally. The main markets are Germany, the United States, France, UK and MENA. For further information, please visit www.stillfront.com. SELECTED GAMES Stillfront's portfolio includes games across multiple platforms. Unravel and Unravel Two are widely acclaimed console games developed by Coldwood in collaboration with Electronic Arts. 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. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Siege: Titan Wars(TM) is a popular mobile game developed by Simutronics. Nida Harb III and Admiral are mobile strategy games with very strong player bases, which are published by Babil Games. World at War: WW2 and War and Peace: Civil War are a successful mobile strategy games developed and published by eRepublik Labs. Online Fussball Manager is a leading sports management game. EMPIRE and BIG FARM are major brands operated by Goodgame Studios. Nasdaq First North Ticker Symbol: SF Certified Adviser: Avanza Bank, phone +46 8 409 421 20

Stillfront Group AB: Goodgame EMPIRE: Millennium Wars launches on Web

2018-06-28

PRESS RELEASE  June 28, 2018 Goodgame EMPIRE: Millennium Wars launches on Web Following the release of its latest strategy game EMPIRE: Millennium Wars on mobile, Goodgame Studios is proud to announce the global release of its latest title on web. The new game allows players to run their corporate mining empire on Mars, where they can compete against other players to ultimately rule the Mars Trade Federation. "We've built this version of the game from the ground up for web using the latest web technologies for the best browser coverage and performance" says Simon Andrews, Head of the studio responsible for developing the game. "EMPIRE: Millennium Wars is a great fit for web, and we will be adding lots of new and exciting content for our players over the coming weeks". Goodgame has a track record for releasing highly successful web games including BIG FARM and its highly popular medieval strategy game EMPIRE, Germany's most successful game of all time and one of the top games worldwide. "We are committed to providing our players with great new game experiences on web" says Jörgen Larsson, Stillfront Group CEO. "Our investment in leading web technologies such as html5 is a key component of our future product strategy". EMPIRE: Millennium Wars is available via Goodgame's portal www.goodgamestudios.com FOR FURTHER INFORMATION, PLEASE CONTACT: Jörgen Larsson, CEOPhone: +46 703 211 800jorgen@stillfront.comSten Wranne, CFOPhone: +46 705 851 258sten@stillfront.com ABOUT STILLFRONT Stillfront is a group of independent creators, publishers and distributors of digital games - with a vision to become the leading group of indie game creators and publishers. Stillfront operates through nine near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States, Babil Games in UAE and Jordan, eRepublik in Ireland and Romania, OFM Studios in Germany and Goodgame Studios in Germany. Stillfront's games are distributed globally. The main markets are Germany, the United States, France, UK and MENA. For further information, please visit www.stillfront.com. SELECTED GAMES Stillfront's portfolio includes games across multiple platforms. Unravel is a widely acclaimed game series developed by Coldwood in collaboration with Electronic Arts. 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. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Siege: Titan Wars(TM) is a popular mobile game developed by Simutronics. Tank Storm and Admiral are mobile strategy games with very strong player bases, which are published by Babil Games. World at War: WW2 and War and Peace: Civil War are a successful mobile strategy games developed and published by eRepublik Labs. Online Fussball Manager is a leading sports management game. EMPIRE and BIG FARM are major brands operated by Goodgame Studios. Nasdaq First North Ticker Symbol: SFCertified Adviser: Avanza Bank, phone +46 8 409 421 20

Stillfront Group AB: Stillfront resolves to allots subscribed shares to the seller of Simutronics Corp

2018-06-15

PRESS RELEASE   June 15, 2018 Stillfront resolves to allot subscribed shares in the new share issue to the seller of Simutronics Corp The general meeting in Stillfront Group AB (publ), reg. no. 556721-3078, ("Stillfront" or the "Company") resolved on 30 May 2018 on a directed new share issue of not more than 35,000 shares to the seller of Simutronics Corp. ("Simutronics"), David M. Whatley Living Trust, ("Seller") which shall constitute part of the earn-out consideration to be paid following the Company's acquisition of the majority of the shares in Simutronics in 2016. The earn-out consideration, which shall be paid partly in cash and partly in the form of shares in Stillfront, has now been determined to a total amount of USD 791,479. Subscription for shares has been completed and the board of directors of Stillfront has resolved to allot 18,463 subscribed shares to the Seller. Payment for the shares has been made by way of set-off of the Seller's claim corresponding to approximately SEK 3,247,058 which corresponds to the part of the agreed earn-out consideration to be paid in the form of shares in Stillfront. FOR FURTHER INFORMATION, PLEASE CONTACT: Jörgen Larsson, CEOPhone: +46 703 211 800jorgen@stillfront.com Sten Wranne, CFOPhone: +46 705 851 258sten@stillfront.com ABOUT STILLFRONT Stillfront is a group of independent creators, publishers and distributors of digital games - with a vision to become the leading group of indie game creators and publishers. Stillfront operates through nine near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States, Babil Games in UAE and Jordan, eRepublik in Ireland and Romania, OFM Studios in Germany and Goodgame Studios in Germany. Stillfront's games are distributed globally. The main markets are Germany, the United States, France, UK and MENA. For further information, please visit www.stillfront.com. SELECTED GAMES Stillfront's portfolio includes games across multiple platforms. Unravel is a widely acclaimed game series developed by Coldwood in collaboration with Electronic Arts. 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. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Siege: Titan Wars(TM) is a popular mobile game developed by Simutronics. Tank Storm and Admiral are mobile strategy games with very strong player bases, which are published by Babil Games. World at War: WW2 and War and Peace: Civil War are a successful mobile strategy games developed and published by eRepublik Labs. Online Fussball Manager is a leading sports management game. EMPIRE and BIG FARM are major brands operated by Goodgame Studios. Nasdaq First North Ticker Symbol: SFCertified Adviser: Avanza Bank, phone +46 8 409 421 20

Stillfront Group AB: Unravel Two launches today

2018-06-09

Stillfront Group AB: Unravel Two launches today PRESS RELEASE June 9, 2018 Unravel Two launches today Coldwood, a subsidiary of Stillfront Group AB ("Stillfront"), together with Electronic Arts Inc. (NASDAQ: EA), at EA Play in Los Angeles today, for the first time ever, instantly revealed and launched Unravel Two(TM), an innovative new single player and co-op puzzle platformer from the Swedish studio that brought to life Yarny, the tiny red woolen character that captured the hearts of players in 2015 with the hit indie game, Unravel. Unravel Two builds off of the original game and centers on the bond between two Yarnys, which can be played as a single player or local co-op drop-in/drop-out experience. The two Yarnys will need to support one another as they work through tricky trials and traverse between beautiful natural landscapes and intricate urban environments, with the surroundings blossoming into new life as they embark on an adventure together. "Unravel Two is about the new bonds that form when we cut ties to the past." said Martin Sahlin, Creative Director at Coldwood. "Like Unravel, it is a deeply personal game for the studio and our passion and life experiences are intertwined in the fabric of the journey players and their Yarnys will embark on. Unravel Two is about the unbreakable bond between friends and how hope and love can make the world around us a better place." Unravel Two is available beginning today on Xbox One, PlayStation 4 and Origin for PC. More information about the game is available on www.ea.com/games/unravel/unravel-two FOR FURTHER INFORMATION, PLEASE CONTACT: Jörgen Larsson, CEO Phone: +46 703 211 800 jorgen@stillfront.com ABOUT STILLFRONT Stillfront is a group of independent creators, publishers and distributors of digital games - with a vision to become the leading group of indie game creators and publishers. Stillfront operates through nine near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States, Babil Games in UAE and Jordan, eRepublik in Ireland and Romania, OFM Studios in Germany and Goodgame Studios in Germany. Stillfront's games are distributed globally. The main markets are Germany, the United States, France, UK and MENA. For further information, please visit www.stillfront.com. SELECTED GAMES Stillfront's portfolio includes games across multiple platforms. Unravel is a widely acclaimed game series developed by Coldwood in collaboration with Electronic Arts. 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. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Siege: Titan Wars(TM) is a popular mobile game developed by Simutronics. Tank Storm and Admiral are mobile strategy games with very strong player bases, which are published by Babil Games. World at War: WW2 and War and Peace: Civil War are successful mobile strategy games developed and published by eRepublik Labs. Online Fussball Manager is a leading sports management game. EMPIRE and BIG FARM are major brands operated by Goodgame Studios. Nasdaq First North Ticker Symbol: SF Certified Adviser: Avanza Bank, phone +46 8 409 421 20 This information is information that Stillfront Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 21.15 CEST on June 9, 2018.

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