News - Friday 4th June 2004 - 1:52pm

Mobile Scope Scores Profitable Quarter 1, 2004
Mobile Scope reported its first profitable quarter since the launch of the company in 2001. Revenues for the first quarter of 2004 went up more than 310% compared with revenues in the first quarter 2003.

Meerbusch, Germany


Wireless entertainment publisher Mobile

Scope reported its first profitable quarter since the launch of the company

in 2001. Revenues for the first quarter of 2004 went up more than 310% compared

with revenues in the first quarter 2003, and approximately 50% above 4th quarter

of 2003. The year-over-year increase for the first quarter was primarily due to

shipments of European mobile game blockbusters such as Moorhen Kart 2004 and RTL

Skijumping 2004 during the last year. Based on this first quarter results, the

2004 forecasts were increased to more than 5 million € (US$ 6 million).


During the quarter, Mobile Scope generated about 300.000 downloads of Java based

mobile games, thousands of subscribers for permanent services, millions of pre-loaded

games in handsets and also derivative mobile entertainment products. Mobile Scope

currently has more than 600 points of sale in over 60 countries, including global

carriers such as T-Mobile, Vodafone and Telefonica.


"We are delighted to report our first profitable quarter since Mobile Scope

was founded in April 2001," said Juergen Goeldner, Chief Executive Officer

of Mobile Scope AG. "The hard work, the dedication and enormous productivity

of our global team in creating and distributing high quality mobile entertainment

products and services has absolutely paid off. Our shareholder structure provides

us with sufficient financial resources going forward. We are also excited about

our latest license agreement with leading global movie studios, TV and videogame

companies and look forward to release the first products in summer. I am absolutely

encouraged by the potential of Mobile Scope and the growth of the global mobile

entertainment markets!"




About Mobile Scope AG

Mobile Scope AG develops and publishes interactive entertainment software for

a variety of wireless devices and network operators. Headquartered in Meerbusch,

Germany, Mobile Scope's US office is in Century City, California. For more information

visit the Mobile Scope site at www.mobilescope.com.

By: Midlet Review
 
 
 

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