Remedy Entertainment's cinematic third person shooter P7 for PS4, XBO and PC is said to release in 2019. The game is said to have expanded replayability due to multiplayer elements of the game. Remedy has said they plan on implementing cooperative play into future titles so P7 and their new project could have it.
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Both of our game projects have progressed well, and their development work will continue according to the agreed schedules. We have delivered the agreed milestones of the single-player campaign of the CrossFire 2 game for Smilegate Entertainment Ltd., and have correspondingly received the payments tied to the milestones on time. The development of the single-player campaign will continue in 2018. The campaign we are developing is part of the more extensive
CrossFire 2 game under development, with Smilegate responsible for its development plans and commercialization.
Our other game project, project P7 that is being done with 505 Games S.p.A., proceeded from the pre-production phase to the production phase at the beginning of the period under review. The development of the game has progressed according to our plans. P7 is expected to be released during 2019.
In addition to our two game projects underway, we launched the preliminary preparations for a new game project at the end of 2017.
During 2018, the company will have two game projects in the production phase, in which both the personnel expenses caused by them and purchases of external services are at their highest. One of the projects is the company’s own game brand codenamed P7, in which the company’s own financing plays a significant role. At the same time, the company will launch a third game project, continuing recruitment and other investments supporting the growth strategy
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