Feb 18 (Reuters) - BTC Studios SA BTC1.WA :
* SAID ON WEDNESDAY THAT THE MANAGEMENT AFTER VERIFICATION
OF
CURRENT BUSINESS STRATEGY, HAS DECIDED TO MODIFY THE ASSUMPTIONS
AND TASKS PERFORMED BY THE GROUP
* MANAGEMENT HAS DECIDED TO FOCUS GROUP'S OPERATIONS ON
EXECUTION
OF THE KEY PROJECT REGARDING A VIDEO GAME "ZORRO CHRONICLES"
urn:newsml:reuters.com:*:nEM22yVRVa, IN ORDER TO MAXIMIZE THE EFFECTS OF THE GAME
LAUNCH IN 2021
* COMPANY'S MAIN GOAL IN 2021 WILL BE THE LAUNCH OF THE
ABOVE-MENTIONED GAME WITH SIGNIFICANT MARKETING SUPPORT, WHICH
WILL IMPACT SALES RESULT AS WELL AS GROUP'S REVENUE AND INCOME
* COMPANY CONSIDERS A RELOCATION OF PRODUCTION AND
PUBLISHING OF
MOBILE GAMES AVAILABLE IN THE FREE TO PLAY MODEL TO ITS
LATVIA-BASED UNIT MADSWORD STUDIOS FOR DIRECT IMPLEMENTATION
* COMPANY EXPECTS UNIT TO FOCUS ITS WORKS ON ADJUSTING
MOBILE
GAMES AVAILABLE IN THE FREE TO PLAY MODEL TO NEW TARGET GROUPS,
INCLUDING THE ASIAN MARKET
Source text for Eikon: urn:newsml:reuters.com:*:nEM2H00gqa
Further company coverage: BTC1.WA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00))