PRESS RELEASES
Shoal Games to Acquire Kidoz to Create Global Content and Distribution KidTech Platform
Rooplay OTT System and the Kidoz Network will Reach 50 Million Kids a Month with a Premium Subscription System Offering
ANGUILLA, B.W.I., December 28, 2018 – Shoal Games Ltd. (TSXV: SGW) (OTCQB: SGLDF) (“Shoal Games” or the “Company”), mobile software developer, owner of the Rooplay edu-games platform (www.rooplay.com) and publisher of the Rooplay Originals games library, announces that it has entered into an agreement to acquire 100% of the issued and outstanding shares of Kidoz Ltd. (“Kidoz”) (www.kidoz.net), a privately held Israeli company. Based in Netaniya, Israel, Kidoz is a fast-growing industry-leader in the global kids’ content distribution and monetization market – its platform is preloaded by Lenovo, Acer, PBS Kids and other device manufacturers on millions of kids tablets as their official kid-mode and is embedded in thousands of popular kids apps as their developers’ main kid-friendly monetization solution.
The combination of the two companies will marry the global reach of Kidoz’s content network with Shoal Games’ Rooplay subscription OTT platform, to create a unique player in the high growth digital kids market. With the decline in kids’ terrestrial television viewing and their increasing shift to digital media, the combined company will be positioned to grow by owning exclusive content, having access to tens of millions of kids each month, an OTT subscription platform, and a safe monetization platform from top kids advertisers.
Shoal Games Completes AGM and Provides Corporate Update
ANGUILLA, B.W.I., November 21, 2018 – Shoal Games Ltd. (TSXV: SGW) (OTCQB: SGLDF) (“the Company”), mobile software developer, owner, and publisher of Rooplay, the EdTech games platform (www.rooplay.com) and the Rooplay Originals games featuring Garfield, Moomin, Mr. Men & Little Miss, Pororo, Peter Rabbit and Mr. Bean, announces that it has completed its Annual General Meeting (AGM) in Anguilla B.W.I.
At the meeting, the Shoal Games shareholders elected the Board of Directors: Tarrnie Williams Sr., Executive Chairman; Jason Williams, CEO, Fiona Curtis, and Claes Kalborg; reappointed the Auditors and re-affirmed the Company’s stock option plan.
Additionally, the Company announces that the Rooplay OTT platform continues to expand rapidly with the recent launch of a web-enabled version accessible on www.rooplay.com from any desktop or mobile browser on any web enabled device. This launch takes Rooplay one step closer to being a full OTT cloud games platform. The platform will shortly include Apple iOS and Smart TV support which are in advanced stages of development. With growing popularity and reach, Rooplay has more than 40 exclusive games, over 300 games in total, and more than 600,000 installs on Android. The Shoal Games team is advancing the Rooplay game development capacity by distributing its proprietary Shoal.JS framework to partner studios and by working closely with leading KidTech distribution partners who reach millions of potential Rooplay users each and every month.
Shoal Games Announces Q3 2018 Results
ANGUILLA, B.W.I., November 14, 2018 – Shoal Games Ltd. (TSXV: SGW) (OTCQB: SGLDF) (“the Company”), mobile software developer, owner, and publisher of Rooplay, the EdTech games platform (www.rooplay.com) and the Rooplay Originals games featuring Garfield, Moomin, Mr. Men & Little Miss, Pororo, Peter Rabbit and Mr. Bean today announced its unaudited financial results for the third quarter ended September 30, 2018. All amounts are presented in United States dollars and are in accordance with United States Generally Accepted Accounting Principles.
Recent Shoal Games Ltd. highlights include:
- Revenue increase of 68% to $40,942 over second quarter of fiscal 2018
- Reduced loss by 60% to $397,176 from fiscal second quarter 2018 loss of $989,473
- Launched Rooplay.com web platform for desktop and mobile web subscriptions
- Launched new game categorizations by Age and Grade
“With the launch of the Rooplay games platform on www.rooplay.com we now have two complete platforms live and synchronized with hundreds of educational games for children,” commented Jason Williams, CEO of Shoal Games. “Soon we will be adding Apple iOS and Smart TV support for Rooplay which will create one of the first fully cross platform OTT games systems in existence. We continue to advance all aspects of Rooplay to improve usability, personalization, engagement, and the content catalog. With more than 40 Rooplay Original games and hundreds of hand-picked licensed games Rooplay offers a unique and growing selection of high quality educational games for kids. In our next phase of development, we will be sharing the Shoal.JS game development framework to partner developers so they can port existing games to the Rooplay platform. As we simultaneously improve the Rooplay system and expand the Rooplay game library, the value of our offering becomes stronger and our position in the market solidified.
SHOAL GAMES AND WONDERFILM ANNOUNCE COLLABORATION IN OTT MARKETPLACE
ANGUILLA, B.W.I., September 20, 2018 – Shoal Games Ltd. (TSXV: SGW) (OTCQB: SGLDF) (“the Company”), mobile software developer, publisher, and owner of Rooplay, the OTT EdTech games platform (http://www.rooplay.com) and The Wonderfilm Media Corporation (TSXV:WNDR), announced today that they have entered into a collaboration agreement to assist each other in research, development and distribution on VOD and OTT platforms globally.
“Shoal Games’ expertise in the OTT space, as demonstrated with their games platform Rooplay, provides Wonderfilm a skilled partner to assist in the development of Wonderfilm’s planned entry into Subscription Video on Demand (SVOD).” said Kirk Shaw, Wonderfilm CEO. “Wonderfilm and Shoal Games’ advanced design expertise are incrementally expanding SVOD technology from a passive viewing experience into a multilayered interactive technology that will provide app users with a new level of personalized experiences, ultimately including embedded blockchain technology. The app’s powerful new two-way relationship will also foster innovative collaboration, including the joint development of future movies and series. I view this match of creative talents lending itself to many new and exciting collaborations, with Shoal’s branded games and OTT distribution paired with Wonderfilms large audience reach.” he added.
SHOAL GAMES ANNOUNCES Q2 2018 RESULTS
ANGUILLA, B.W.I., August 14, 2018 – Shoal Games Ltd. (TSXV: SGW) (OTCQB: SGLDF) (“the Company”), mobile software developer, owner, and publisher of Rooplay, the EdTech games platform (www.rooplay.com) and the Rooplay Originals games featuring Garfield, Moomin, Mr. Men & Little Miss, Pororo, Peter Rabbit and Mr. Bean today announced its unaudited financial results for the second quarter ended June 30, 2018. All amounts are presented in United States dollars and are in accordance with United States Generally Accepted Accounting Principles.
Recent Shoal Games Ltd. highlights include:
- Settled the outstanding $605,358 promissory notes in exchange for the exercise of 1,200,000 warrants
- Revenue increase of 7% to $24,343 over second quarter of fiscal 2017
- Added 200,000+ downloads of Rooplay in the quarter
- Launched new “common account” feature on Rooplay Android to enable OTT multi-platform logins
“The development of a global OTT platform requires the combination of a strong technical foundation, the content relationships to populate the system, and the distribution partners to bring the platform into millions of homes,” said Jason Williams, Shoal Games CEO. “At Shoal Games we are fulfilling these requirements and preparing to launch a harmonized Rooplay OTT platform on Apple, Android, Web, and TV shortly. We have secured more than 600,000 downloads of Rooplay Android which has allowed us to test a wide range of features, prices, and offerings. During our tests, we have refined the Rooplay brand position, launched more than 30 Rooplay Original exclusive games, grown our subscriber lifetime value, and reduced our cost of securing new subscribers. The improvements that we’ve completed to Rooplay since its initial launch have put the system on the path to becoming a leading games platform for the market of 1.9 billion kids globally. Rooplay’s mix of hundreds of curated educational and entertainment games is unique in the market and we continue to erect competitive barriers to entry with our innovative Shoal.js content production toolset.”