02 April 2014
Keywords Studios plc ("Keywords", "the Group")
Keywords Studios establishes a Full Service Delivery Hub for South East Asia
Keywords Studios, the international technical services provider to the global video games industry, today announced the establishment of a new subsidiary company Keywords International Pte. Ltd ("KW Singapore"). This accelerates the Group's plans for a services fulfilment centre in Singapore as an operational hub for the growing games market in South East Asia.
As part of an existing master services agreement with EA Swiss Sàrl (EA), Keywords Singapore will now also provide a range of localisation, testing and audio services for South East Asian languages effective immediately. KW Singapore will support both the new business and existing work for South East Asian languages conducted elsewhere by Keywords.
Andrew Day, Chief Executive of Keywords Studios, commented:
"We are excited about establishing a new Keywords subsidiary in Singapore. It is an important strategic addition to our Asian operations, which include our successful Tokyo operations which we grew organically over 4 years and our Babel branded, New Delhi studio, acquired last month.
Keywords expects the new studio to be at the centre of the fulfilment of our existing Thai, Indonesian, Malay and simplified Chinese business. This, together with already targeted new business opportunities with existing clients, gives us confidence that the start up studio will be profitable in its first year of operation.
The subsidiary will be staffed through key staff hires and through intercompany transfers. This new studio, together with a high calibre team, positions Keywords solidly for further organic and acquisitive growth in the fast developing Asian markets."
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For further information, please contact:
Keywords Studios (www.keywordsstudios.com) Andrew Day, Chief Executive Officer David O'Connor, Chief Financial Officer |
+353 190 22 730 |
Numis (Financial Adviser) Stuart Skinner / Kevin Cruickshank (Nominated Adviser) James Serjeant (Corporate Broker) |
020 7260 1000 |
MHP Communications (Financial PR) Katie Hunt / Vicky Watkins
|
020 3128 8100 |
About Keywords Studios
Keywords Studios is an international technical services provider to the global video games industry. Established in 1998, and now with facilities in Dublin, Tokyo, Rome, Montreal, New Delhi and Seattle, it provides integrated localisation, testing and audio services across 30 languages and 12 games platforms to a blue chip client base in more than 15 countries. It enjoys a leading market position, providing services to most of the top 20 games companies, including Microsoft, Namco Bandai, Konami, Sony, Electronic Arts, Take 2 Interactive, King, Zynga, Supercell, Disney and Square Enix. Key recent titles it has worked on include: Dead Rising 3, Pro Evolution Soccer 2014, Assassin's Creed IV: Black Flag, Forza Motorsport 5, Candy Crush Saga, Clash of Clans, South Park: The Stick of Truth, Demon Souls 2 and Farmville 2. Keywords is listed on AIM, the London Stock Exchange regulated market (KWS.L). For further information, please visit: www.keywordsstudios.com.