Jumpgate has entered a framework agreement with Tradelite Solutions GmbH for the development of six games for Tradelite’s platform. The value of the development agreements so far under the deal framework amounts to just over 100 000 EUR. The games are fully funded by Tradelite and are developed by Jumpgate’s subsidiary Tableflip Entertainment. In this first phase it is a purely a work for hire development agreement but the intention from both parties is to explore further partnership opportunities developing game products on the Tradelite platform.
Tradelite has developed a concept for Financial Market Entertainment that uses entertaining games as a user interface to handle issues such as user acquisition, KYC, customer training and involvement in the financial industry. The platform is data-centric and will be launched in October 2021. For further information, see www.tradelite.de.
“We are very excited to begin developing games for the new Tradelite Solutions platform. The platform is unbelievably powerful and can unleash a variety of new game-changing possibilities. We see this as the starting point of long-term partnership into a new outlet with great potential for future growth.”
said Don Geyer CEO of Jumpgate
“Working with Jumpgate and their experienced development team at Tableflip Entertainment is a crucial step in creating our Financial Market Entertainment (FME) Ecosystem. The co-development of game products will enable us to leverage the full suite of services offered within Tradelite Solutions FME Platform. We see a bright future together as we co-create to unleash the power of cross-breeding video games and financial markets.”
Said Tracy Chang Chief Executive Officer of Tradelite Solutions
For more information
Don Geyer VD, Jumpgate AB Telephone: 0705 – 54 73 33 E-mail: don@jumpgategames.se
About Jumpgate:
Jumpgate AB is a gaming-focused concern that includes Hamburg-based Tivola Games and gameXcite as well as Tableflip Entertainment located in Visby. The Group develops, produces, and publishes games and other digital products across multiple distribution platforms. The group’s companies have established collaborations with strong industry partners, leading brands, and exciting product portfolios with large growth potential. The group operates in the global market, distributes its games worldwide, and has a well-developed and extensive international network. for more information about Jumpgate see: www.jumpgategames.se
This information is such information that Jumpgate AB (publ) is obliged to publish in accordance with the EU Market Abuse Regulation (MAR). The information was submitted, through the above contact person, for publication on July 13, 2021, at 11:45 CEST.