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Ai Media investment in MahjongSeptember 7, 2008, 6:43 am (7 years ago)Cryptologic's investment in online mahjong gaming software company Mahjong Time could deliver several solid recompenses after a deal contracted this week between the mahjong software supplier and its 2nd licensee, the Chinese online entertainment supplier Ai Media.
In terms of the contract Mahjong Time is going to soft startup an online Ai Mahjong process at the end of September. The site is going to offer competition style for player mahjong especially for the Chinese market. Ai Media spokesmen stated that the company and its deliberate partner have a significant strategic benefit - it provides its own payment solution through a proprietary 'smart card'. Some of the main banks in China, such as Industrial and Commercial Bank of China, China Construction Bank and China Merchants Bank, permits the card to be used, which is utilized by more than 11 million people and is now drawing around 20 000 new daily subscribers. Ai Media issues and runs games from abroad game makers in China, and hand outs those games to over 50 % of the Internet cafes in China. The company and its partners have countrywide access to the Chinese marketplace and have all the essential licenses needed for authorized games operation in China. Ai Media has countrywide business, customer care, and dedicated data centers in every main Chinese city and is licensing Mahjong Time software for use as the game platform and engine for an Ai Mahjong brand. "Ai Media has been investing in the China online entertainment space for a lot of years," explained Olivia Hollaus, Director of Ai Media Group. "We must be very cautious in choosing the best games for the largest and most competitive market in the world. It is extremely expensive to market and launch a successful game and it takes years to capture and build a loyal customer base. That is why we have partnered with Mahjong Time, a proven company that provided us with a secure mahjong game that will appeal to the massive Chinese marketplace, " William Sutjiadi, CEO of Mahjong Time said: "Our special partnership with Ai Media indicates Mahjong Time's obligation to working with companies who provide excellence and foresight, and to bringing the most excellent software resolutions to our clients. Our in-browser mahjong game provides Ai Mahjong players with a safe and customizable destination to entirely benefit from the most well-liked game in the world."
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