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Amico Games Corp. Appraised as Top Three Profitable Enterprise at China's 5th Mobile Phone Game Enterprise Fair

SAN FRANCISCO, CA -- (Marketwire) -- 02/16/10 -- Amico Games Corp. (OTCBB: AMCG), an information technology company specializing in developing and operating mobile phone multiplayer networked games, today announces that it was appraised in the Top Three for profitability amongst mobile phone game manufacturers during the Fifth China Mobile phone Game Enterprise Public Appraisal Fair 2009-2010 which concluded on February 3, 2010.

The Fifth China Mobile Phone Game Enterprise Public Appraisal Fair 2009-2010 was hosted by Shangfan.Net and many other notable Chinese Internet companies. The Public Appraisal covered the period from November 27, 2009 to February 3, 2010. The Public Appraisal evaluated the top 30 Chinese mobile phone enterprises, which included Amico. Amico was appraised to be in the top 3 most profitable Chinese mobile phone enterprises in terms of mobile phone game revenue. Additionally, Amico Games was also appraised as the industrial leader for WAP mobile phone game R&D and operation.

"We are excited to be appraised as one of the top 30 Chinese mobile phone game enterprises and one of the top 3 most profitable Chinese mobile phone game enterprises. This is very encouraging for our all of our management and shareholders," said Mr. Peter Liu, Amico's President and CEO, "We are one of the earliest Chinese mobile phone game developers; operating games since 2002. The appraisal results also recognize our strengths and capability in developing mobile phone games in China. We are proud of this ranking given the current competitive market environment."

About Amico Games Corp.

Amico Games Corp. is a software company specializing in developing mobile phone games for the Chinese market. On December 31, 2009, Amico acquired Galaxy Software Limited is a Chinese private-owned company incorporated in November 2001. Galaxy is one of the earliest mobile phone multiplayer game developers in China, as well as one of the first Chinese company to develop and operate Java™ MMRPOG (massive multiplayer role playing online games) mobile phone games. It is also the first company to provide multiplayer games over the WAP platform of China Mobile, the world's largest mobile phone provider based upon subscribers. For more information, please visit the Amico's website at:
www.amicogames.com.

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate,'' "believe,'' "estimate,'' "expect,'' "intend'' and similar expressions, as they relate to Amico or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of Amico's products, the competitive environment within the industry, the ability of Amico to continue to expand its operations, the level of costs incurred in connection with Amico's expansion efforts, economic conditions in the industry and the financial strength of Amico's customers and suppliers. Amico does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

Contact
Amico Games Corp.
Investor Relations Office
Tel: 1-877-331-8777
Email: [email protected]

201 Spear Street, Suite 1100
San Francisco, CA 94105
USA

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