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2016-01-23

Starbreeze AB: STARBREEZE unveils its Project StarCade VR initiative

Starbreeze to establish an VR arcade venue in Los Angeles giving customers
access to premium location based VR experiences

Starbreeze AB, an independent creator, publisher and distributor of high
quality entertainment products, today at VRLA Winter Expo announced its
intention to establish a VR arcade venue in Los Angeles, named Project
StarCade. Aiming to make premium VR experiences accessible for the masses,
Starbreeze will create a StarVR powered arcade hall, where VR enthusiasts and
novices alike are welcome to experience the exciting technology in an
immersive setting.

"We continue to iterate the fact that VR really needs to be experienced in
person to fully be able to appreciate the phenomenon, and why not have your
first experience in a real premium setting in our StarVR headset? We've
managed to secure a prime location where people are welcome to step into our
StarCade and enjoy our OVERKILL's The Walking Dead VR experience." said
Starbreeze CTO Emmanuel Marquez. He continued, "We're developing our own
StarCade catalogue of experiences, but we're open to any content. We will
invite developers to join us and give them the opportunity to put their
content in our StarCade. We as an industry continuously need to educate
ourselves to make VR truly successful, and this is just the first step in our
planning to do so."

Daniel Murray, President of Skybound Interactive, also commented, "When we
heard about the StarCade initiative we were immediately excited. It allows us
to further explore The Walking Dead universe in a completely new way. Here at
Skybound we pride ourselves in having our finger on the pulse of what fans
want, and together with Starbreeze and their Project StarCade, we're thrilled
to create a new way for fans to try out the OVERKILL 's The Walking Dead VR
experience."

The Project StarCade initiative will premiere during the spring/summer of 2016
in a yet undisclosed location. Further information regarding available tools
for devs wishing to participate in the initiative, exact location and
premiere dates will be announced at a later date.

The 2016 VRLA Winter Expo takes place Saturday, January 23 at the Los Angeles
Convention Center. Starbreeze will be on location with the OVERKILL'S The
Walking Dead RV showcasing it's StarVR HMD.

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Media information

More information about StarVR can be found at:www.starvr.comand press kit for
Starbreeze and StarVR can be found onwww.starbreeze.com/presskit

For more information, please contact:

Maeva Sponbergs, Investor Relations, Starbreeze AB
Tel: +46(0)8-209 208, email:ir@starbreeze.com

About Starbreeze

Starbreeze AB is an independent creator, publisher and distributor of high
quality entertainment products. With studios in Stockholm, Paris and Los
Angeles, the company creates games by own design and through licensed
content, aiming to create franchises that prosper as games and elsewhere. We
live and die by gameplay.

Starbreeze's most recent games include PAYDAY 2, the adrenaline fueled bank
robbing co-op game and the upcoming survival co-op FPS OVERKILL's The Walking
Dead based on the hit comic series. Starbreeze is pioneering digital
self-publishing, inviting developers to leverage its self-publishing knowhow
on Steam, having one of the largest communities on the digital distribution
platform.

Next, Starbreeze is set to develop truly immersive virtual reality
experiences, integrating software and hardware in the Project StarVR and the
StarVR head mounted display.

Headquartered in Stockholm, Sweden, Starbreeze's shares are listed on Nasdaq
Stockholm First North Premier under the tickers
STAR A and STAR B with the ISIN-codes SE0007158928 (A-share) and SE0005992831
(B-share).
Remium Nordic is the company's Certified Adviser.

For more information, please visit
http://www.starbreeze.com.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Starbreeze AB via Globenewswire

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