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[QUOTE]Originally posted by luckylindy: [QB] Amico acquired Galaxy Software Limited, headquartered in Guangzhou, China, through a share exchange transaction closed on December 31, 2009. By acquiring Galaxy, Amico acquired Galaxy's roster of mobile games, local industry expertise, 50 well trained employees and a revenue stream of over US $1.2 million during the year ended August 31, 2009 Mr. Peter Liu, Amico's President and CEO, stated the following upon the closing of the acquisition: "Galaxy is a real leader in the mobile phone game field in China and I'm proud of completing this acquisition and providing value for our shareholders. Galaxy's mobile phone games have been exhibiting tremendous growth during the last quarter of 2009 and we're very optimistic that the recent release of Journey to the West Online, our most advanced game to date, will continue that momentum. [/QB][/QUOTE]
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