G5 completed the production and shipped to the publisher a premier mobile game to be released along with a blockbuster movie during upcoming summer months. G5 announced and started the development of the project back in December 2006. The project became the first with this publisher, which is among top 3 videogame publishers in the world. The project was ambitious and demanding one, but the development went smooth and was completed on time. The publisher is very satisfied with the company’s performance, and new projects are already in negotiation for the immediate development launch.

Vlad Suglobov, CEO, comments: “I am glad to see how G5’s outstanding proprietary technology, and our highest standards in production, processes and customer relations result in satisfied customers and more business opportunities. Establishing long-term relations with the biggest publishers is the key to achieving and exceeding our growth goals”.

G5 teams up with the American advertising agency serving global companies which manufacture, market and sell popular consumer goods. G5 will be supplying high quality mobile application for the advanced international advertising campaigns of the agency’s customer ranked as one of top 20 global brands in 2006. The interactive application provided will serve to increase the involvement of the consumer in the new products by providing exciting interactive experience developed around them. Mobile advertising has high potential, and in case this innovating promotional approach succeeds, development of advertising applications can become a new growth point in G5’s business.

Annual Report 2006 of G5 is made available today. Check investors section for more information.

Vlad Suglobov comments: “We feel that this sector of the market and the general interest in G5 is growing rapidly in both Sweden and abroad and we have seen this annual report as an opportunity to describe our company in more detail”.

G5 announces interim results for Q1 2007. Check investors section for more information.

G5 has entered into the agreement with the new customer – a leading international mobile game publisher, to develop two premium quality mobile games. One game is based on one of the world’s most popular movie brands, while another is based on the popular videogame franchise. At the moment G5 cannot disclose the customer or the brands involved. The work on the games and agreement negotiation has started soon after Game Developers Conference meeting in San Francisco in early March. The games are targeted for Q4 2007 release.

Vlad Suglobov, CEO, comments: “Development of these games is truly exciting job for the whole team at G5 because the franchises involved are so extremely popular throughout the world among massive amount of people. I am glad that we attracted a new customer by G5’s outstanding mobile technology and impressive track record of delivering highest quality games based on most popular brands. Because of the brands involved and huge market potential of these games, G5 is allowed higher development budget, and it will reflect positively on the financial results. We look forward to turning this first deal into long-term relationship.”