| |
MESSAGE _ENGLISH VERSION_
|
|
| |
The Management Board of Movie Games S.A.., seated in Warsaw ["Issuer" or "Company"], with reference to the ESPI current report number 17/2025 dated April 3, 2025, announces to the public that on April 9, 2025 in the evening hours, it signed a cooperation agreement with Johnson Winter Slatter ["JWS"], an Australian law firm.Prior to signing the aforementioned agreement, the Issuer held consultations with JWS during which the materials collected by the Company concerning the premises indicating potential infringement of the Issuer's intellectual property rights and the execution of acts that may bear the characteristics of unfair competition were discussed. Based on these, the potential scope of work and activities that JWS may undertake for the Company in the context of Australian law was outlined.Prior to signing the aforementioned agreement, the Issuer held consultations with JSW, which involved a discussion of materials collected by the Company regarding indications of potential infringement of the Issuer's intellectual property rights and the execution of acts that may bear the characteristics of unfair competition. Based on them, the potential scope was outlined of the work and activities that JWS may undertake for the Company in the context of Australian law.The general activities around the Drug Dealer Simulator IP on the Australian side will involve, among others, Sophie Dawson, Partner at JWS law firm, whose experience focuses on copyright enforcement for entities such as: Epic Games, Take-Two/Rockstar, Sony Music Entertainment, or Samsung's dispute against Apple. The participation of Ms. Dawson is a guarantee that any action taken will remain in accordance with the principles of Australian law and practice applied to IP protection cases in the area of video games.The Company also indicates that it will strive for an amicable conclusion of the activities in a manner that satisfies all parties involved, taking into consideration compliance with existing laws, including the principles of fair competition, and with regard to market practices, in order to reach a lasting, constructive agreement and secure the interests of both investors and other market participants. The Company also emphasizes that its goal is not to prevent the sale or development of the Schedule 1 game.In order to avoid doubt, the Management Board also points out that all decisions and courses of actions aimed at protecting the Issuer's IP are taken solely by the Company, while the Byterunners studio, responsible for the production of games related to the DDS IP, is not involved in the discussions or legal steps taken.The remuneration of JWS will not affect the Company's current financial situation due to its variant nature, depending on the results of the cooperation.The Issuer shall inform about further significant details in future current reports.
|
|
|