May 18, 2013 5:48 PM ET

Software

Company Overview of Digital Chocolate, Inc.

Company Overview

Digital Chocolate, Inc. develops and publishes cross-platform social games. It offers games for platforms, such as Facebook, iPhone, mobile, PC, and console. The company also provides browser-based games. Digital Chocolate, Inc. was founded in 2003 and is based in San Mateo, California. The company has operations in Helsinki, Barcelona, and Bengaluru, as well as the Russian Federation.

1855 South Grant Street

2nd Floor

San Mateo, CA 94402

United States

Founded in 2003

Phone:

650-372-1600

Fax:

650-345-1627

www.digitalchocolate.com

Key Executives for Digital Chocolate, Inc.

Interim Chief Executive Officer
Founder
Age: 58
Chief Operating Officer
President of Networks
Age: 47
Vice President of Production
Compensation as of Fiscal Year 2012.

Digital Chocolate, Inc. Key Developments

Digital Chocolate Launches SLOTS! Pocket UK with Real-Money Play Powered by Betable

Digital Chocolate, Inc. announced the launch of SLOTS! Pocket UK(TM) for iPhone and iPad, exclusively in the United Kingdom, with real-money play powered by Betable. The game gives players based in the UK the option to wager either real-money or virtual currency and chips on pulls of the slot machine, a combination that will leverage both broad and highly monetizing audiences. SLOTS! Pocket UK's real-money gameplay is powered by UK-licensed Betable, with whom Digital Chocolate entered into an exclusive partnership at the end of 2012. Betable handles all the real-money aspects of the game, including compliance, fraud prevention, identity checks, wagering and gambling results. Players need to authenticate with Betable -- signing up, depositing money, etc. -- before they can participate in real-money play. The variety of ways to play SLOTS! will keep players entertained on end, with seven uniquely-themed slot machines and more launching soon. These machines range from safari to underwater adventure to Wild West, all with their own thrilling sound, characters and storyline. Additionally, players can unlock mini-games based upon spins of the wheel. By completing mini games, players earn the chance to level up and win more. The more friends a player has, the more the combination of potential winning spins increases.

Digital Chocolate, Inc. Announces Management Changes; to Lay Off Up to 180 across its Offices in Russia, San Mateo and India

Digital Chocolate, Inc. reported that Trip Hawkins has stepped down as CEO. Trip reported that he is transitioning now into a consulting and advisory relationship with the company. He added that the company is narrowing its focus and it made sense to get more streamlined. The company's president Marc Metis will step in as interim CEO. The company also reported that it will also lay off up to 180 across the company's offices in Russia, San Mateo and India.

Mauj Mobile Announces Partnership with Digital Chocolate, Inc

Mauj Mobile announced a key exclusive partnership with Digital Chocolate, Inc. for distribution of its games in India. This strategic move will help Mauj bring over 100 hugely popular and games published by Digital Chocolate to the Indian market. Popular games like Tower Bloxx, Zombie Lane, Army Attack, and Millionaire City will be made available for download in India and will be distributed through mobile operators as premium content to mobile users. It will also make these games available to customers on its app store Mobango, which has a major presence in India, the United States, the United Kingdom and South Asia. Mauj Mobile distributes premium mobile content such as videos, applications and games to mobile users through mobile operators. Mauj Mobile also owns Mobango apps store, which has more than 7 million registered users, and over 1.5 million pieces of content fully optimized for over 2,000 phones.

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