Mysquar Regulatory News (MYSQ)

24 May 2017

MySQUAR Limited ("MySQUAR" or the "Company")

Gaming Business Update

MySQUAR, the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, is excited to announce a new hardcore game called My Hero - Bo Lattae on 31 May 2017 and the addition of Blackjack to the Lucky Wingabar casual gaming platform in early June 2017.

My Hero - Bo Lattae is a combination third-person shooter and role-playing game (RPG) that is one of the first of its kind in Myanmar, allowing users to customise characters by choosing from over 100 well-known superhero characters and hundreds of weapon and armour sets. The game features cute chibi anime (a style of Japanese animation) graphics, dubbing, real time player versus player (PvP) (multi-player interactive gaming) and the ability for players to create guilds.

Blackjack, one of the most widely played casino games in the world, is the classic game of twenty-one that will be customised for the Myanmar market.

Eric Schaer, CEO of MySQUAR, said: "MySQUAR is now the largest game publisher of Myanmar-language games and with these new games to be released along with our existing pipeline, our market position will be solidified even further. Lucky Wingabar's casual gaming platform has proven to be of strong interest among users in Myanmar and the Company intends to further expand its game offerings given the advantages of economies of scale and revenue generating capability. We anticipate achieving higher revenue in the near term with these and future game releases."

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