|[June 20, 2014]
Plaor, Inc. Enters Partnership with Multicommerce Game Studio for Social Casino Content
WOODLAND HILLS, Calif. --(Business Wire)--
Plaor, Inc., a wholly-owned subsidiary of vertical interest social media
network CrowdGather, Inc. (OTCQB:CRWG), announced today that it has
received exclusive social casino rights for certain games licensed from
Multicommerce Game Studio. Plaor is the first social casino partner for
Multicommerce Game Studio, a developer of premium real-world casino
games. Plaor, Inc. has licensed two video slot games from Multicommerce
Game Studio, the first of which - The Power of Zeus™ - is
expected to launch in July 2014 on social and mobile platforms.
"We are pursuing an aggressive strategy focused on augmenting our
proprietary games with exclusive licenses for leading video slot
content," said Richard Corredera, COO at Plaor. "Our relationship with
Multicommerce Game Studio is an important part of our efforts to build a
portfolio of licensed video slot games for Mega Fame Casino &
Slots™ and strategic content partnerships that we believe will
be one of the most extensive in the industry."
Plaor, Inc. has also launched in its Mega Fame Casino & Slots™ the
first two licensed video slot titles from Grover Gaming, Inc. - Searing
Sevens™ and Reel Fruity™ - adding to our rapidly growing
portfolio of innovative and entertaining gaming content. To start
playing Mega Fame Casino & Slots™ for free, visit the
Facebook App Center, Apple iOS App Store, or Google (News - Alert) Play Store now.
About Multicommerce Game Studio
Multicommerce Game Studio is a leading independent game design studio
with more than 10 years of experience in the global gaming industry
focused on video slot content, Class II and bingo games. Additionally,
Multicommerce Game Studio has a strong background in projects ranging
from backend application, SAS (News - Alert) development, and the complete development
pipeline required for certified Class III game products.
About Grover Gaming, Inc.
Based in Greenville, NC, Grover Gaming is a rapidly growing software
development company that combines artistic expertise, technical ability,
and state of the art, real-time 3D graphics to create visually
stimulating gaming content that enhances playability and showcases
original experiences to a wide player audience. Grover Gaming has
extensive experience in developing Bingo, Video Slot, and Video Game
content and offers premium gams for a wide variety of gaming markets
including Class II, social casino, and other niche markets.
About CrowdGather, Inc.
With its growing portfolio of special interest forums and enthusiast
message board communities, CrowdGather (www.crowdgather.com)
has created a centralized network to benefit forum members, forum
owners, and forum advertisers. CrowdGather provides a highly interactive
and informational social network for members, a management and
revenue-sharing resource for third-party forum owners, and a largely
untapped advertising network for marketers worldwide.
CrowdGather subsidiary, Plaor,
a company that specializes in developing highly scalable multi-platform
games, is located in the heart of Boston's fast growing Innovation
District. Plaor produces Mega
Fame Casino, an innovative and highly rated social casino available
on iOS, Android (News - Alert) & desktop. With over 20 employees, the Plaor team is a
mix of rising-star newcomers and widely-recognized game development
veterans from companies including Rockstar Games, Turbine, Harmonix,
Irrational Games, Nanigans, Sony Online Entertainment, ThoughtWorks,
THQ, and Caesars Interactive Entertainment.
About Mega Fame Casino & Slots™
Mega Fame Casino & Slots™ is a high quality social
casino available now on Facebook (News - Alert), iOS, and Android. Users can play more
than a dozen unique slot themes, four types of Hold'em poker, video
poker, along with the innovative MegaFame Blvd. Mega Fame Casino &
Slots™ features more than 300 celebrities and offers weekly
celebrity tournaments bringing truly unique star-studded experiences to
social games. Based on Plaor's unaudited financial statements and
without the benefit of marketing and advertising resources CrowdGather
will provide, Mega Fame Casino & Slots™ currently has
more than 20,000 daily active users and generates approximately $1
million in annualized revenues.
This press release contains forward-looking statements (as defined in
Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended) concerning future
events and the Company's growth and business strategy. Words such
as "expects,""will," "intends," "plans," "believes," "anticipates,"
"hopes," "estimates," and variations on such words and similar
expressions are intended to identify forward-looking statements.
Although the Company believes that the expectations reflected in such
forward-looking statements are reasonable, no assurance can be given
that such expectations will prove to have been correct. These statements
involve known and unknown risks and are based upon a number of
assumptions and estimates that are inherently subject to significant
uncertainties and contingencies, many of which are beyond the control of
the Company. Actual results may differ materially from those expressed
or implied by such forward-looking statements. Factors that could
cause actual results to differ materially include, but are not limited
to, changes in the Company's business; general economic, industry and
market sector conditions; the ability to generate increased revenues
from the Company's forums; the ability to obtain additional financing to
implement the Company's long-term growth strategy; the ability to manage
the Company's growth; the ability to develop and market new technologies
to respond to rapid technological changes; competitive factors in
the market(s) in which the Company operates; and other events, factors
and risks disclosed from time to time in the Company's filings with the
Securities and Exchange Commission. The Company expressly disclaims any
obligations or undertaking to release publicly any updates or revisions
to any forward-looking statements contained herein to reflect any change
in the Company's expectations with respect thereto or any change in
events, conditions or circumstances on which any statement is based.
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