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2016-11-14

Paradox Interactive AB: Experienced Games Industry Veteran Kim Nordström Joins Paradox Interactive

Former General Manager of King in Malmö Appointed to Run Innovation &
Mobile

STOCKHOLM - Nov. 14, 2016 - Global publisher and developer Paradox
Interactive today revealed that experienced game veteran Kim
Nordström will be joining its ranks to take lead on the company's
innovation and mobile initiatives. Kim has more than 15 years of
experience from the games industry in various roles and capacities,
most recently as General Manager of King in Malmö and previously as
R&D Manager at SCEA (PlayStation) in San Francisco developing
PlayStation 4. He will assume the role in January when he will start
outlining the plans for the future and assume responsibility for the
company's current mobile initiatives.

"We have already initiated discussions with external studios to
explore the possibility of building mobile versions of our franchises
and are on the lookout for more studios as well as key talent to join
Kim's team once he starts in January next year," said Fredrik Wester,
CEO of Paradox Interactive. "At that point we will also start
solidifying the plans for our best next steps in those areas. Kim has
a great track record, but more importantly, an attitude and mindset
that is the right fit for Paradox, and I am thrilled to welcome him
onboard."

"I'm very happy to join the Paradox family and to be part of the great
company culture I've heard so much about," said Kim Nordström. "I'm
also very excited to be part of the innovation initiatives preparing
the company for the future, and to lead the investments needed to
enter the mobile market. Paradox has a great portfolio and a loyal
fanbase, and that's a great start to successfully enter the mobile
market. What I need, starting from next year, is amazing talent and
studios to work with, and I know Paradox and its partners will come
through."

For more information on how to join our mobile team please visit
http://career.paradoxplaza.com/departments/mobile. Mobile studios
wishing to get in touch with our acquisitions team please e-mail
newgames@paradoxplaza.com.

For additional information, please contact:

Fredrik Wester, CEO Paradox Interactive
Andras Vajlok, CFO Paradox Interactive
Email: ir@paradoxplaza.com
Phone: +4670-355 54 18

This information is information that Paradox Interactive AB (publ) is
obliged to make public pursuant to the EU Market Abuse Regulation and
the Securities Markets Act. The information was submitted for
publication on November 14, 2016.

About Paradox Interactive

The Paradox Interactive group includes publishing and internal
development of games and licensing of White Wolf's brands. The
publishing operation publishes both internally developed titles and
titles developed by independent studios as well as music and books.
The game portfolio includes more than 75 titles and Paradox
Interactive owns the most important brands, including Stellaris,
Europa Universalis, Hearts of Iron, Crusader Kings, Cities: Skylines
and Magicka. From the start over ten years ago, the company has
published its games all over the world, initially through physical
distribution using partners, but beginning in 2006 has primarily
distributed digitally using its own publishing arm. The development
platform is primarily PC, but the company has released games on
console and mobile platforms as well. The largest markets today
include the US, UK, Germany, France, Russia and Scandinavia. Today,
more than one million gamers play a Paradox game each month and the
number of Paradox registered users exceeds five million.

Paradox Interactive AB (publ)'s shares are listed on Nasdaq Stockholm
First North Premier under ticker PDX. Avanza Bank is the company's
Certified Adviser. For more information, please visit
www.paradoxinteractive.com.

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http://news.cision.com/paradox-interactive-ab/r/experienced-games-indust...

Författare WKR

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