We are obviously very happy to have concluded the sale but at the same time very much regret the loss of jobs as a result of the closure of Realtime Worlds
Irvine, CA (Vocus) November 16, 2010
GamersFirst (http://www.gamersfirst.com) today's most popular Free2Play® MMO publisher, announces that Reloaded Productions, Inc., a wholly owned subsidiary of Gamersfirst, has acquired all the Intellectual Property Rights (IPR) for the massively multiplayer online third-person shooter game “APB: All Points Bulletin,” previously developed and owned by Dundee-based Realtime Worlds Ltd.
In September 2010, the joint administrators, Ken Pattullo and Paul Dounis, from business and restructuring specialist Begbies Traynor, said efforts to rescue Realtime Worlds had been unsuccessful but renewed efforts were made to conclude a sale of the IPR.
“We are obviously very happy to have concluded the sale but at the same time very much regret the loss of jobs as a result of the closure of Realtime Worlds," said Paul Dounis of Begbies Traynor. "As a consequence of the IPR asset sale all outstanding wages and holiday pay claims will be met in full. GamersFirst is a pioneer in the free-to-play space, thus APB will be re-launched as a free-to-play model game rather than the previous retail model. People who previously bought the game can now look forward to playing it again once it’s back online."
“The acquisition of APB is an important complement to our main Free2Play™ third-party publishing business,” says Joshua Hong, CEO of GamersFirst. "We believe in putting our gamers first by encouraging the community to tell us what they like or dislike and then incorporate that feedback into our evolutionary development process. The core principle is to completely eliminate all economic barriers for gamers to experience our games."
GamersFirst will publish APB: Reloaded as a AAA Free2Play™ title, developed by US based Reloaded Productions Inc. using Unreal Engine 3.
"APB was a game that had several exceptional features and some brilliant ideas, even though it was plagued by some initial balance and monetization issues," says Bjorn Book-Larsson, CTO and COO of GamersFirst, and responsible for GamersFirst’s studio and game development efforts. "We want to take all the unique features of this title, such as its unparalleled character, weapon and car customization systems, and convert the game to a true free-to-play game. We are deep into the planning and early execution stages for this next chapter of APB and we will share more details in the near future. In order to put ‘Gamers First’ we will also actively engage the community in many aspects of all the planned changes.”
APB: All Points Bulletin is a massively multiplayer online third-person shooter game based in the modern-day fictional city of San Paro featuring two factions, Enforcers and Criminals. Players can join either faction, and then form their own customized team and group to join the constant battle across the urban landscape.
GamersFirst and Reloaded Productions plan to launch the next chapter of APB in the first half of 2011.
GamersFirst is the leading Free2Play® MMO game publisher in the Western hemisphere. GamersFirst.com serves more than 30 million players in over 160 countries with offices throughout the Americas, Europe and Asia. GamersFirst.com features the hit MMOG's Knight Online, Sword2, War Rock and 9Dragons and the future hits Hukumdar Online:Battle of Kings, MKZ, Victory and Taikodom: Living Universe. Read more about the company and its games at http://www.GamersFirst.com.