5 April 2023 10:00 (EEST)

Autogun Heroes has performed above expectations during the soft launch phase and is currently
being prepared for hard launch.

Autogun Heroes has exceeded our expectations during the soft launch phase this year. We are extremely
satisfied with the results we’ve seen and have decided to prepare the game to a hard launch as a next
step.” says Jussi Tähtinen, CEO of Nitro Games.

Nitro Games announced a new game Autogun Heroes in January. Since then, the game has been in soft
launch in selected markets, including the United States. During the public soft launch, the team has
further developed the game while measuring the performance with live players and paying customers.
Autogun Heroes is a single-player free-to-play mobile game with in-app purchases and ad monetization.
It is more straightforward to evaluate the performance of a single-player game compared to more
complex real-time multiplayer games.

“I’m really proud of the team for delivering such a great game with strong performance. The results
we’ve seen so far are significantly better than what we’ve seen with any other games previously. Based
on the monetization testing, we are seeing a payback window in 60-90 days from the user acquisition.
This, combined with the strong monetization and retention, are great indications for the upcoming hard
launch.” concludes Jussi Tähtinen.

Moving forward, Nitro Games continues by preparing Autogun Heroes towards an upcoming hard
launch to be announced separately.
During the first quarter, Nitro Games has continued working on NERF: Superblast. The game has
progressed to the live operations phase as planned. The team has continued to work on the game towards
hitting the performance targets. NERF: Superblast is currently a finalist for People’s Choice Award, and
also nominated in the Game of the Year category in Pocket Gamer mobile games awards.

In the B2B service business, the company has continued to work on the two key projects. The project
with Digital Extremes has progressed as planned under the new expansion agreement signed in
December 2022. The project with Supermassive Games was also recently expanded as communicated in
February 2023.
For more information:

Jussi Tähtinen, CEO & Co-Founder
Phone: +358 44 388 1071
Email: jussi@nitrogames.com

Nitro Games in brief:
Nitro Games is a mobile game developer and publisher. Nitro Games team is a multinational group of
mobile gaming professionals that has expertise from development to publishing to live operations.
The Company focuses on producing high-quality mobile games mostly for the mid-core audience. Nitro
Games is specialized in the category of shooter games. With Nitro Games’ powerful NG Platform and
the NG MVP process, the Company is able to carry out market validation with its games during
development. Nitro Games has developed several games such as NERF: Superblast, Lootland, Heroes of
Warland, Medals of War, Raids of Glory. The company offers its services also to selected customers and
has developed several successful projects to leading mobile gaming companies.
Nitro Games’ shares are listed on Nasdaq First North Growth Market with the ticker NITRO. The
Certified Adviser is FNCA Sweden AB, info@fnca.se.

Finnish Business ID: FI21348196


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