22.08.2007
Markus Wagner helps Austrian mobile gaming company Xendex to expand
Internet entrepreneur Markus Wagner joins Xendex, one of the leading providers for mobile gaming. As business angel Wagner will contribute time and know-how to help finance and internationalize Xendex.
For Xendex Markus Wagner's help promises acceleration in the planed growth, especially for the international market. Wagner lends Xendex his support and provides his international network within the mobile entertainment branch. Hence, Xendex reaches a significantly wider and more international market entry and positions itself as a global play within the gaming industry.
"Xendex is an excellent European game studio with a lot of experience in the 3D mobile gaming branch, a branch that can be described as a worldwide growing and future relevant branch of economic activity," comments Markus Wagner on his engagement.
Top games and international expansion of Xendex
Xendex founder and CEO Michael Haberl drafts the future market strategy: "Successful mobile games for the future have a worldwide known brand, an innovative game concept and a broad distribution network." Xendex will concentrate on high quality, international brands and their ambitious implementation with a wide mobile and platform coverage. "Xendex has a great technological advantage and an excellent reputation in the international gaming community - a good basis for future growth," says Markus Wagner, who is looking forward to the collaboration.
The i5invest investment strategy
i5invest, which was founded by Markus Wagner, defines itself as an incubator for future business models. After entering the Austrian online world, Papermint, a few weeks ago Xendex seems to be the reasonable next step for i5invest. "We pay special attention to the high synergy between our investments. Another crucial factor is the growth potential of the various business models," explains Markus Wagner. "In my eyes Xendex meets both requirements perfectly. With the support of Xendex we now support another Austrian pearl within the gaming industry".
About Xendex
Xendex was founded in 2001 by Michael Haberl and is still owned 100% by the management. Ever since the first year of operations Xendex has been writing black numbers. Today the company engages over 45 employees in Austria and the US.
The products range includes over 40 successful game titles to more than 25 casino games. Last year the team of "Nate Adams Freestyle Motocross" got to celebrate a special success. O2 UK, one of the biggest mobile service providers in Europe, voted Freestyle Motocorss as the best mobile game in 2005. Xendex also has an exclusive customer base and is already branding games for companies such as A1, Vodafone, Head, Coca-Cola light, Generali and other well known companies.
About i5invest
The i5invest GmbH (www.i5invest.com), who is based in New York, Vienna and Salzburg, is a start-up factory for the IT and telecom sector. Together with a team of 12 internationally experienced entrepreneurs and a network in New York, Boston and the Silicon Valley, i5invest works as an incubator for future online business ideas.
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