GREE's Knights & Dragons Tops $5 Million in 30-Day Revenue- GREE and IUGO: One of the Industry's Most Successful Publishing Relationships -

San Francisco, CA - December 17, 2013 – GREE today announced that Knights & Dragons, a top-charting game developed by their San Francisco studio in collaboration with Vancouver-based developer IUGO Mobile Entertainment Inc., has recorded more than $5 million of revenue in a 30-day period. GREE and IUGO now represent one of the most successful publishing relationships in mobile gaming.

“Hitting the $5M in 30 days mark was a goal we set for ourselves back in July and we committed to tremendous growth for Knights & Dragons. Clearly, the teams’ hard work and effort has been successful. Our relationship with IUGO, a leader in building high-quality mobile games, is a great illustration of how publishing can work and is a template for future partnerships,” said Naoki Aoyagi, CEO of GREE International, Inc. “A core part of GREE’s strategy is developing strong publishing partnerships with some of the industry’s top development talent and we aim to keep building more hugely successful relationships like this one.”

"We are very excited to see Knights & Dragons hit this $5M milestone. Between that revenue number and the recent Google award, we are confident that we are delivering the game players are looking for. Our goal is to continue to do so both with this game and in the future," said Hong-Yee Wong, CEO of IUGO Mobile Entertainment. "The success of our partnership with GREE comes from both parties offering close and regular communication and a willingness to learn and share with each other. It is a foundation that needs to be built to ensure the publishing relationship works. Knights & Dragons is proof of how far the right game can go with the right teams behind it."

In July 2013, GREE announced that Knights & Dragons, had surpassed $1 million in monthly revenue. Since then, GREE has continued to collaborate with IUGO to add new features, content and ongoing in-game events as well as to track key metrics to continually improve game experience, retention and monetization. The refinement of Knights & Dragons as an RPG has won it a loyal following of players, earning positive reviews, high chart rankings and firm growth in month-on-month revenue. As further evidence of the game’s compelling play, Knights & Dragons recently won the “I Can’t Quit You” award in Google’s first ever Players’ Choice poll.

For more information on Knights & Dragons, visit the game’s Facebook page.