Report of Foreign Issuer (6-k)
September 30 2014 - 06:09AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of September, 2014
Commission File Number: 000-30540
GIGAMEDIA
LIMITED
8F, No. 22, Lane 407, Section 2, Tiding Boulevard
Neihu District
Taipei,
Taiwan (R.O.C.)
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F x
Form 40-F ¨
(Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
Yes ¨ No
x
(If Yes is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b) :82- .)
GIGAMEDIA LIMITED is submitting under cover
of Form 6-K:
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1. |
GigaMedia: Six New Games and Two New Social Games Platforms in Short Term; Game Development, Distribution and Operations Growing (attached hereto as Exhibit 99.1) |
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
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GigaMedia Limited |
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(Registrant) |
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Date: September 29, 2014 |
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By: /s/ Dirk Chen |
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(Signature) |
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Name: |
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Dirk Chen |
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Title: |
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Chief Financial Officer |
Exhibit 99.1
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FOR IMMEDIATE RELEASE |
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For further information contact: |
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Brad Miller, Investor Relations Director |
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Country/City Code 8862 Tel: 2656-8016 |
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brad.miller@gigamedia.com.tw |
GigaMedia: Six New Games and
Two New Social Games Platforms in Short Term;
Game Development, Distribution
and Operations Growing
TAIPEI, Taiwan,
September 29, 2014 GigaMedia Limited (NASDAQ: GIGM) today updated its short-term product pipeline and launch schedule for GigaMedias online games business.
The companys online games business plans a robust launch schedule in the short term with six new games and two new social games platforms in the next
four months.
Over the next several months, we expect to benefit from our efforts to quickly build our pipeline with relatively low cost licensed
mobile games and high-quality Web games, stated GigaMedia Limited Chief Executive Officer Collin Hwang. We also expect to begin benefiting from new self-developed products in the period, starting with a new social casino platform
launched this month in Taiwan.
Overall, we are moving to end dependence on publishing games of other companies, stated CEO Collin
Hwang. We are making good progress in building new higher-quality revenue streams and positioning our businesses to drive shareholder value.
GigaMedia has licensed five mobile games from Asian game developers and plans staggered launches of the games over the next four months. The titles include a
variety of role-playing games from Korean developers, the racing game Crazy Taxi:City Rush from Sega, and Tales Runner Rush & Dash, a new mobile version of the popular online game Tales Runner. The mobile games will be
released for Android and iOS devices and are free to play; players can make in-app purchases that facilitate gameplay.
In addition to the mobile game
launches, GigaMedia also plans to launch near year-end the acclaimed next-generation browser action/role-playing MMO game, KingsRoad. In KingsRoad, players choose from one of three different classes knight,
archer, and wizard and embark on a journey across the kingdom of Alderstone to reclaim their land from the monstrous creatures that threaten it. The game is an innovative blend of console game excitement with the simplicity, low cost and
convenience of no installation required browser play.
The company also expects to benefit over the next several months from its first new self-developed gaming
products. GigaMedias pipeline of self-developed products for the period consists of gaming software platforms for social games, including social casino games, one of the fastest growing and most profitable segments of online games. GigaMedia
has launched a first solution, Fortune888.com.tw, an open platform that creates a new distribution channel for gaming operators targeting Asia. The platform currently features a broad selection of play-for-free social casino games from MicroGaming,
one of the worlds foremost gaming software developers. GigaMedia plans to begin offering operators a complete, proprietary solution, ClubOne, in December. ClubOne will feature a broader variety of play-for-free social games from which
operators may select. The solution is designed to function across PC, mobile and tablet platforms and enhance player monetization. Players can invite friends via social networking services and through personal contact lists and can also manage and
promote their own club to win virtual rewards that can be converted for use on third-party properties. All games on ClubOne have been developed by GigaMedia.
About GigaMedia
Headquartered in Taipei, Taiwan,
GigaMedia Limited (Singapore registration number: 199905474H) is a diversified provider of online games and cloud computing services. GigaMedias online games business is an innovative leader in Asia with growing game development, distribution
and operation capabilities, as well as platform services for games; focus is on mobile games and social casino games. The companys cloud computing business is focused on providing enterprises in Greater China with critical communications
services and IT solutions that increase flexibility, efficiency and competitiveness. More information on GigaMedia can be obtained from www.gigamedia.com.
The statements included above and elsewhere in this press release that are not historical in nature are forward-looking statements within the
meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. GigaMedia cautions readers that forward-looking statements are based on the companys current expectations and involve a number of risks
and uncertainties. Actual results may differ materially from those contained in such forward-looking statements. Information as to certain factors that could cause actual results to vary can be found in GigaMedias Annual Report on Form 20-F
filed with the United States Securities and Exchange Commission in April 2014.
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