Brisio Innovations (BZI-CSE) Apr 2nd 2014 has purchased all rights, intellectual property and on-line assets associated with Spermy's Journey, a Race to the Egg!, an Android and IOS game app that has been one of the most highly downloaded and played games on Android and IOS since its release earlier this year. The company paid the vendor $130,000 (U.S.) as consideration for these assets. About Spermy's Journey
According to the AppAnnie website, an app store market data tracking website, Spermy's Journey reached the following daily ranks within the past month (March, 2014):
- Google Play:
- Top five overall downloaded app in two countries;
- Top 10 overall downloaded app in three countries;
- No. 1 app in overall games in three countries;
- No. 1 app in arcade games in nine countries;
- Top five overall game in 10 countries;
- Top five arcade game in 21 countries;
- Top 10 overall game in 17 countries;
- Top 10 arcade game in 26 countries.
- Apple App Store (iPhone):
- No. 1 overall downloaded app in six countries;
- Top five overall downloaded app in 17 countries;
- Top 10 overall app in 19 countries;
- No. 1 app in overall games in eight countries;
- No. 1 app in strategy games in 21 countries;
- Top five overall game in 19 countries;
- Top five strategy game in 28 countries;
- Top 10 overall game in 21 countries;
- Top 10 strategy game in 40 countries.
Since its launch on the Google Play store on Feb. 7, 2014, and the Apple App Store on March 11, 2014, Spermy's Journey has been downloaded over four million times and was a featured review on the Daily App Show website, which cites statements such as "the next Flappy Bird," "entertaining and funny," and "hilarious and highly addictive" (1).
Spermy's Journey has generated $25,300 (U.S.) over the last 30 days through in-app purchases and advertising revenue.
Spermy's Journey is available for download free at the Google Play store.
Spermy's Journey is available on iTunes.
Spermy's Journey is also available for Android users.
The company is also pleased to announce that the developer of Spermy's Journey, Brian Appell, will be joining the company's board of advisers. Mr. Appell is a veteran tech entrepreneur, mobile app developer and founder of Avalanche Mountain Apps, a mobile application company that focuses primarily on creating games for the iPhone, iPad and Android devices.
Mr. Appell stated, "I look forward to being a part of the Brisio team and working with them to maximize the value of their existing mobile app portfolio, and to generate ideas to help grow their stable of apps."
Paul Andreola, chief executive officer of the company, stated: "In the last 90 days, since changing our name to Brisio Innovations Inc. and launching our new business plan focused on mobile app acquisition and acceleration, the company has successfully listed on the tech-friendly Canadian Securities Exchange, completed 43 mobile app acquisitions, increased its overall install base from zero to almost 1.3 million and increased its combined daily downloads from zero to over 100,000. We have also entered into a letter of intent to acquire an interest in the largest independent app store in Canada, which, if completed, will allow us to increase exposure to our growing portfolio of apps and help gain exposure for the thousands of software developers trying to gain attention for their apps in a very competitive marketplace. We feel these developments will put us in the remarkable position for a new junior tech company of being a cash-flow-positive business in the very near future.
"In all respects, we are ahead of our own aggressive schedule of developing new value for our shareholders. With industry statistics based on the recent acquisition of Whatsapp by Facebook and the IPO of King Digital valuing each at over $40 (2) and over $60 (3) per user respectively, the install base of over one million users of Spermy's Journey adds substantial value to the company. Many of the major app markets, such as North America and Asia, remain virtually untapped and should be very strong prospects for future growth of the Spermy's Journey game and franchise.
"The additional value to the company of being able to cross-market the other apps in our portfolio to the over one million active users of Spermy's Journey make this latest acquisition invaluable to our future growth and success."
Sources:
(1) See the Daily App Show website.
(2) See the Forbes website.
(3) See the ABC News website. |
