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Sky-mobi to Release Three Exclusively-licensed International Games in China

HANGZHOU, China, Sept. 11, 2014 (GLOBE NEWSWIRE) -- Sky-mobi Limited ("Sky-mobi" or the "Company") (Nasdaq:MOBI), a leading mobile application platform in China, today announced that it will release the Chinese versions of three popular international games: Battle Towers, Major Mayhem, and Dungeon Quest. The Company has licensed the games from overseas developers and has exclusive distribution rights for them in China.

1) Battle Towers is a strategy game developed by Game Insight, a global developer and publisher of free-to-play mobile games. Battle Towers was ranked #18 in games, and #12 in arcade and action games on RU Google Play, Russia's Google Play application store. Sky-mobi has exclusive distribution rights for the game over Android and iOS platforms in China.

2) Major Mayhem is a 3D arcade-style shooter game, which is set in outer space. It is one of the most popular games available over the US iOS App store based on downloads. Major Mayhem was ranked #1 in simulation games according to AppAnnie, and rated 8.5 of 10 by IGN. Sky-mobi has exclusive distribution rights for the game over the Android platform in China.

3) Dungeon Quest is a casual single-player 3D role-playing game with superb graphics and visual effects. Requiring less than 50 MBs of hard drive space, the game's casual nature, excellent graphics and minimal capacity requirements characterize it as an optimal addition to Sky-mobi's game portfolio. Dungeon Quest was ranked #5 in role-playing games by downloads on Google Play. Sky-mobi has exclusive distribution rights for the game over Android and iOS platforms in China.

"We are excited to introduce these three popular international titles to our loyal grassroots users in China, further underscoring our strategy of sourcing quality casual games and localizing them for distribution in the China market," stated Michael Tao Song, Chairman and Chief Executive Officer of Sky-mobi. "To ensure a blockbuster debut with Chinese grassroots gamers, we have worked tirelessly to provide for optimal localization by revamping the mobile payment interface to suit the nature of the game, improving game tutorial features to flatten the game's learning curve, and strengthening overall compatibility to minimize bugs and defects. Supported by our multiple integrated payment channels and unique Maopao distribution platform, we are recognized by prominent global game developers as the most effective integrated casual game publishing channel in China. Our newly-launched "5 Million Guaranteed Downloads" incentive program will help provide global developers an efficient channel to publish games and enable them to better track game players' behavior and further improve game quality. Looking ahead, we remain focused on enriching our game selection and pipeline, and introducing more popular casual games to our China grassroots gamers."

About Sky-mobi Limited

Sky-mobi Limited is a leading mobile application platform in China. The Company works with handset companies to pre-install its Maopao mobile application store on handsets and with content providers to provide users with applications and content titles. Users of its Maopao store can browse, download and enjoy a range of applications and content, such as single-player games, mobile music and books on various mobile handsets with different hardware and operating system configurations. The Company's mobile social network community in China, the Maopao Community, offers mobile social games, as well as applications and content with social network functions to its registered users. The Company is based in Hangzhou, China. For more information, please visit: www.sky-mobi.com.

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. These forward-looking statements are based on current expectations, assumptions, estimates and projections about the Company and its industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.

CONTACT: Investor Relations Contact: Sky-mobi Limited John Bi, Chief Financial Officer Phone: + (86) 571-8777 0978 (Hangzhou, China) Email: investor.relations@sky-mobi.com ICR, Inc. Chenjiazi Zhong Phone: + (1) (646) -915-1615 (US) Email: investor.relations@sky-mobi.com

Source:Sky-mobi Limited