26.07.2007 06:00:00
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EA Establishes New Operations in Russia
Electronic Arts Inc., (NASDAQ:ERTS) the world’s
leading developer and publisher of interactive entertainment, today
announced the creation of a new EA entity in Russia. The new office,
established to directly serve Russian consumers and retailers, is
another step in the company’s growth strategy
in Central and Eastern Europe and adds to EA’s
global presence in over 40 markets outside of North America.
EA intends to contribute to the rapidly growing market for interactive
entertainment in Russia. The Moscow-based team will focus on bringing
more localized game offerings to Russian players, more direct engagement
with the gaming community and greater collaboration with retail partners.
At an event planned later today in Moscow, EA will host members of the
government, industry and media to outline plans for bringing the best
and latest innovations in interactive entertainment to Russia. Later
this year, two of EA’s most popular franchises
among Russian consumers, Need for Speed™
and FIFA Football, will launch in fully localized Russian
versions for the PLAYSTATION®3 computer
entertainment system and the Xbox 360™ video
game and entertainment system, adding to the company’s
existing portfolio of games localized in Russian for the PC.
"Russia represents a significant opportunity
for the games industry,” said Peter Laughton,
EA Vice President and General Manager of Central and Eastern Europe. "This
is a very dynamic marketplace, with a world class retail environment and
consumers who have the intellect and appetite for interactive
entertainment. We’re looking forward to
bringing tailored offerings to Russian consumers that incorporate local
language, music, and celebrities into some of our most popular titles”.
The Russian video game market is estimated at $250 million today, and is
expected to more than double in the next three to five years. An
increasing number of gaming consoles, PCs and game-enabled mobile phones
will encourage the trend, along with compelling games content and a
vibrant retail environment.
"EA is dedicated to bringing our unique brand
of interactive entertainment to global consumers,”
said Jens Uwe Intat, Senior Vice President of European Sales and
Distribution for EA. "Our increased focus on
Russia is a testament to the vitality of its consumer market, as well as
the growing position of video games in the overall entertainment mix.
Our goal is to ensure that Russian consumers get the best gaming
experiences and an increasingly large selection of interactive
entertainment choices”.
About Electronic Arts
Electronic Arts Inc. (EA), headquartered in Redwood City, California, is
the world's leading interactive entertainment software company. Founded
in 1982, the company develops, publishes, and distributes interactive
software worldwide for video game systems, personal computers, cellular
handsets and the Internet. Electronic Arts markets its products under
four brand names: EA SPORTS™, EA™,
EA SPORTS BIG™ and POGO™.
In fiscal 2007, EA posted revenue of $3.09 billion and had 24 titles
that sold more than one million copies. EA's homepage and online game
site is www.ea.com. More information
about EA's products and full text of press releases can be found on the
Internet at http://info.ea.com.
EA, EA SPORTS, EA SPORTS BIG, POGO and Need for Speed are trademarks or
registered trademarks of Electronic Arts Inc. in the U.S. and/or other
countries. "PLAYSTATION”
is a registered trademark of Sony Computer Entertainment Inc. Xbox and
Xbox 360 are trademarks of the Microsoft group of companies. All other
trademarks are the property of their respective owners.
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