Xendex Holding GmbH
Xendex Holding GmbH
Claudia Lotter
Phone: +43 (720) 890 009 - 0
E-Mail: claudia.lotter@xendex.com

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Wed, 22.08.2007
pts20070822027 Companies/Finance, Education/Career
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Markus Wagner leads Austrian mobile games company Xendex on a course of expansion
The founder of incubator i5invest locates huge growth potential
Michael Haberl
Michael Haberl
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Vienna (pts027/22.08.2007/13:55) - Internet businessman Markus Wagner will get together with Xendex http://www.xendex.com , a leading provider of mobile games. Wagner will act as a Business Angel, offering his time and know-how in order to assist Xendex in the fields of internationalisation and financing.

For Xendex, the cooperation will imply a growth acceleration, especially with regard to the international market. Wagner will act as an advisor for Xendex, providing his international contact network in the Mobile Entertainment branch. In this way, Xendex will be able to reach a significantly greater area of the international market and position itself as a global player in the gaming sector.

"Xendex is an excellent European game studio with a lot of experience in the field of 3D mobile gaming. This is a large international business sector with a promising future", commented Markus Wagner on his recent actions.

Xendex's top games and international expansion
Xendex founder and director Michael Haberl outlines future market strategies: "The future's successful mobile games will offer not only a prominent brand but also an innovative gaming concept and a broad distribution network." Xendex will concentrate on high-class international brands and challenging realisations with a broad coverage in the field of mobile platforms. In addition Markus Wagner stated, "Xendex holds a major technical advance as well as an excellent reputation in the international gaming community - a great base for future growth", with regard to the new alliance.

i5invest cooperation strategy
i5invest which was founded by Markus Wagner sees itself as an incubator for tomorrow's business models. After entering the Austrian online world Papermint a couple of weeks ago, it's cooperation with Xendex is the next logical step for i5invest. "We consequently put the focus on high synergy effects between our investments. Another prominent factor is the business models' growth potential", Markus Wagner explains. "Concerning the cooperation with Xendex, both conditions are met in an ideal way. After Papermint, we are more than happy to support another pearl of the Austrian gaming industry".

About Xendex
Xendex was founded in 2001 by former JoWood chief developer Michael Haberl and is still 100 percent owned by its management. Since the first year, Xendex has been in the black. Today, the company has got more than 45 employees working in Austria and the United States.

The company's product range sports 40 highly successful game titles and more than 25 casino games. Last year, the Xendex team was able to take credit for their game "Nate Adams Freestyle Motocross", when 02 UK, one of Europe's largest mobile network operators, called Freestyle Motocross the best mobile game of 2005. Xendex's field of marketing, too, attracts a number of prominent customers and has already branded games for companies such as A1 Vodafone, Head, Coca-Cola light, Generali and other prominent firms.

About i5invest
The i5invest GmbH ( http://www.i5invest.com ) is based in New York, Wien and Salzburg and is a "start-up factory" in the field of IT and telecommunication. With its team of twelve internationally experienced businessmen and a network in New York, Boston and Silicon Valley, i5invest acts as incubator for tomorrow's online business models.

Submitter: Xendex Holding GmbH
Contact: Claudia Lotter
Phone: +43 (720) 890 009 - 0
E-Mail: claudia.lotter@xendex.com
Xendex Holding GmbH