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HANGZHOU, China, Jun 26, 2014 (GLOBE NEWSWIRE via COMTEX) -- Sky-mobi Limited ('Sky-mobi' or the 'Company') a leading mobile application platform in China, today announced an exclusive licensing arrangement with MIHOYO Co, Ltd ('MIHOYO'), a mobile game developer in China, for the distribution of the mobile game, The End of School II, over the iOS platform. MIHOYO was founded in 2011 with the mission to develop innovative and high quality ACG for smartphones. Recognizing the MIHOYO team's strong development capabilities and pioneering design concept, Sky-mobi strategically invested in MIHOYO in early 2012 and cultivated its growth by providing game players preference, innovative gameplay, and most popular trend of graphic designs. Download red alert 2 rip portable heaters for sale. During the past two years, MIHOYO has built up a strong brand and reputation for its advanced designs and creative gameplay through a series of highly-engaging game releases, including The End of School II.

Michael Tao Song, Chairman and Chief Executive Officer of Sky-mobi stated, 'We are proud of our involvement in and contribution to MIHOYO's success of The End of School II, ranked No. 9 in the App Store paid games and popular games categories respectively after debuting on the iOS platform and further achieved grossed revenue over RMB10 million in recent month. As its publisher, Sky-mobi has fully leveraged our integrated resources by investing smartly in promoting the game online and off-line, catching proper timing to attract players, and bringing critical players' feedback to MIHOYO. We strongly believe that Sky-mobi has successfully entrenched its position in both Android and iOS platforms as a professional mobile game publisher, proven by our distinguished way of selecting games. As the momentum has been built up, we are expecting future success in publishing mobile games and higher return to all investors.' Safe Harbor Statement This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as 'may,' 'will,' 'believes,' 'expects,' 'anticipates,' 'intends,' 'estimates,' 'plans,' 'continues' or other similar expressions, the negative of these terms, or other comparable terminology.

Such statements, including statements relating to the Company's business outlook, are subject to risks and uncertainties that could cause actual results to differ materially from those projected.

By, By, Editor of Cabot China & Emerging Markets Report From Cabot Wealth Advisory 4/7/11 Labeling Chinese companies with the names of the U.S. Companies that they most resemble is a mixed blessing.

Sure, Baidu (BIDU) may really qualify as “the Google of China,” and Sina.com’s (SINA) Weibo service is a good ringer for “the Facebook (or Twitter, or TwitBook) of China.” But does it do justice to a tiny, young company like Sky-Mobi (MOBI), incorporated only as far back as 1997 and booking just $96 million in revenue in 2010, to call it the App Store of China? After all, Apple’s market cap is over $300 billion, and the Apple App Store has officially booked its 10 billionth download.

Maybe not, but stock investors, especially those with a taste for the accelerated pace of growth in emerging markets, are always looking ahead a little farther than most observers. And investors see a company whose Maopao mobile application store is being pre-installed on more and more handsets sold in China. It’s also a company that signed an advertising deal with Sohu.com (SOHU), one of the most popular websites in China, which will allow Sohu’s clients to publish ads on Sky-Mobi’s MRP ad network. Maopao software is already pre-installed in over 6,600 handset models in China and Sky-Mobi’s partners offer an enormous range of games, books, music, payment services and social networking opportunities. What everyone really knows about Sky-Mobi is that the enormous population of China has embraced mobile phones, smart phones and life online with great enthusiasm and that revenue has jumped from $2.7 million in 2008 to $80 million in 2010. That’s huge growth, and the potential has only begun to be tapped.