September 15, 2011

Montreal-Based Mobile Game Studio Gamerizon Closes Five Million Dollars Investment Round

The studio plans to create over 100 jobs in the next 24 months

Montreal, September 15, 2011 – Gamerizon, a Montreal-based studio specialized in mobile
games development and responsible for the very successful Chop Chop™ franchise on the iOS
platform, announced this morning that it closed a five million dollars investment round with a
prestigious syndicate led by Vanedge Capital and including iNovia Capital.

This private investment will allow Gamerizon to significantly expand its employee base with 100
new hires planned over the next 24 months and improve its product offering in both breadth
and scope.

“We’re extremely proud to be associated with such quality investment firms as Vanedge and
iNovia as we scale up operations and leverage our Chop Chop ™ franchise over numerous social
and mobile platforms including Facebook, iOS, Android and Windows Mobile. They bring
phenomenal gaming expertise and are established leaders in digital investments,” said Alex
Sakiz, CEO, Gamerizon.

“We are excited about our investment in Gamerizon. The team has built good momentum and
has started to emerge as a pre-eminent developer of mobile games,” said Divesh Sisodraker,
Partner, Vanedge Capital. “We have made four investments in our fund, two have been in
Montreal, and Gamerizon is our largest investment here to date. We are strong supporters of
the digital media industry in Quebec and excited by the depth of talent and number of quality
investment opportunities available in the Province.”

“iNovia Capital is a private venture capital funds managers driven by backing the best
entrepreneurs in the hottest space with the upmost potential. We strongly believe that
Gamerizon will become one of the largest game developers on social and mobile platforms in
Canada and we are glad to help its management team execute on such ambitions,” explained
Chris Arsenault, Managing Partner, iNovia Capital.
“Today’s announcement is another example that Montreal is a global leader in the gaming
industry and will remain for a very long time. Gamerizon established itself as one of the leaders
in the extremely competitive mobile games industry and we should be proud of its success,”
affirmed Mr. Michel Leblanc, President and CEO of the Board of Trade of Metropolitan Montreal.
Gamerizon’s Chop Chop™ games have been downloaded over 15 million times in the span of 16
months and have consistently reached top 5 downloaded applications ranking positions in most
countries in the world on the iPhone and iPad platforms. Gamerizon was recently ranked as the
world’s 32nd best mobile developer by PockertGamer.biz.1

Gamerizon : Talented Programmers Needed
Gamerizon is currently seeking for talented programmers to join its development teams. If you
are a social or mobile gaming guru and are passionate about the video game industry, send us
your resume! Potential candidates can visit the “Career” section on Gamerizon’s website at
http://gamerizon.com/career/ or send their resume at hr@gamerizon.com.
Launched in early 2008, Gamerizon is a Montreal-based independent studio specialized in the
development of high quality mobile and casual games for numerous social and mobile platforms
including Facebook, iOS, Android and Windows Mobile. Six of our Chop Chop mobile games
have been downloaded over 1 million times each and most have reached top ranking positions
in their respective categories in over 50 countries.

About Vanedge Capital
Vanedge Capital is a new venture capital fund focused on investments in digital media. We make
investments where our unique combination of operating leadership and management; subject
matter expertise; relationships with technology, creative, and management talent will generate
out-sized returns.

About iNovia Capital
iNovia partners with exceptional entrepreneurs to build successful companies in high growth
sectors. The team is comprised of entrepreneurs and sector experts focused on Mobile, Internet
and Digital Media. iNovia has $165M under management across two seed and early stage funds.
For more information, visit www.inoviacapital.com or follow iNovia on Twitter at
www.twitter.com/iNovia.

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Author: Kael Lazla

Filed under: Gamerizon

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