Reaxion Announces 250% Quarter-to-Quarter Revenue increase on QUALCOMM BREW Sales
Posted at June 12, 2004 11:04 AM in
BREW
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Reaxion Corporation, a leading developer and publisher of mobile entertainment applications and solutions, today announced a more than 250% quarter-to-quarter rise in first quarter 2004 revenues from the sales of its games developed on QUALCOMM's BREW solution. The significant announcement was made at the BREW 2004 Developers Conference being held June 7-9 in San Diego.
The dramatic rise of Reaxion's revenues can be attributed to the significant growth the company has been experiencing with regards to its gaming titles. During the first quarter of 2004, the number of Reaxion-developed games tripled, while the number of operators offering Reaxion's BREW-based games grew from four to 17. In addition, Reaxion launched the first BREW-based Multimedia Message Service (MMS) client that provides the technology platform for Reaxion's magazine and club-based products.
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