Mike Olsen Joins Glu as Senior Vice President of Studios

Glu Mobile Inc. (NASDAQ:GLUU), a leading global developer and publisher of free-to-play mobile games, today announced that Mike Olsen has joined the company as Senior Vice President of Studios. Olsen brings an extensive background in creative direction, game design, studio management and live game operations. He joins a strong team of existing leaders at Glu as the company looks to a successful future driven by highly creative and proven leaders.

“I am incredibly pleased to welcome Mike Olsen as Glu’s SVP of Studios where he’ll build a talented team of developers to create innovative new products,” said Nick Earl, Glu’s President and CEO. "As I enter my first year leading the company, I plan to invest in and empower leaders with the same industry prowess as Mike."

“Glu’s talent model is focused on hiring the industry’s finest and arming them with world-class infrastructure, tools, funding and support to create phenomenal products while eliminating the risk of going at it alone,” continued Earl. "It’s under the guidance of experienced and fearless creative leaders that I believe Glu will deliver best-in-class entertainment products in 2017 and beyond.”

“As a leading developer of mobile games for over a decade, Glu’s industry-leading success is something I’ve recognized for quite a while,” said Olsen. “I am tremendously excited to join the Glu team to apply my breadth of game development experience to drive the company’s product innovation into high-gear.”

A twenty-year industry veteran spanning mobile, console, online and PC gaming, Olsen joins Glu from Electronic Arts where he most recently led the Capital Games studio in Sacramento, California. During his tenure at EA, Olsen served in various roles where he led the design and creative direction for 25 titles including Star Wars: Galaxy of Heroes, The Godfather, Tiger Woods PGA Tour Golf, NCAA March Madness, NCAA Football, Knockout Kings, Dungeon Keeper and more. Star Wars: Galaxy of Heroes has been downloaded over 30 million times, has generated more than $100 million in revenue and received Apple’s Editor’s Choice and Google’s Best Picks. Olsen has been honored as an EA inventor, having been named as a co-inventor on three registered patents for his work with the company.

Cautions Regarding Forward-Looking Statements

This press release contains certain “forward-looking statements” related to the business of Glu Mobile Inc., including statements regarding: the company looks to a successful future driven by highly creative and proven leaders; Mr. Olsen will build a talented team of developers to create innovative new products; Glu plans to invest in and empower leaders with the same industry prowess as Mr. Olsen; Glu’s talent model is focused on hiring the industry’s finest and arming them with world-class infrastructure, tools, funding and support to create phenomenal products while eliminating the risk of going at it alone; we believe Glu will deliver best-in-class platform entertainment products in 2017 and beyond; and that Mr. Olsen is tremendously excited to join the Glu team to apply his breadth of game development experience to drive the company’s product innovation into high-gear. Such forward-looking statements involve known and unknown risks and uncertainties, including, but not limited to, the risk that we do not realize the expected benefits from our hiring of Mr. Olsen; the risk that consumer demand for smartphones, tablets and next-generation platforms does not grow as significantly as we anticipate or that we will be unable to capitalize on any such growth; the risk that we do not realize a sufficient return on our investment with respect to our efforts to develop free-to-play games for smartphones, tablets and next-generation platforms; and the risk that our recently and newly launched games are less popular than anticipated or decline in popularity and monetization rates more quickly than we anticipate. Certain of these risks and uncertainties are or will be described in greater detail in our public filings with the SEC. Glu is not under obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

About Glu Mobile

Glu Mobile (NASDAQ:GLUU) is a leading global developer and publisher of free-to-play mobile games. Glu is focused on creating compelling original IP games such as CONTRACT KILLER, COOKING DASH, COVET FASHION, DEER HUNTER, DESIGN HOME, QUIZUP, RACING RIVALS, and TAP SPORTS BASEBALL, and branded IP games including GORDON RAMSAY DASH, KENDALL & KYLIE, and KIM KARDASHIAN: HOLLYWOOD on the App Store, Google Play and Amazon Appstore. Founded in 2001, Glu is headquartered in San Francisco with U.S. offices outside Seattle and in Burlingame, San Mateo, Long Beach and Portland, and international locations in Canada, China, India, Japan, and Russia. Consumers can find high-quality entertainment wherever they see the ‘g’ character logo or at www.glu.com.

For live updates, please follow Glu via Twitter at www.twitter.com/glumobile and on Instagram at www.instagram.com/glumobile, or become a Glu fan at www.facebook.com/glumobile.

CONTRACT KILLER, COOKING DASH, COVET FASHION, DEER HUNTER, QUIZUP, RACING RIVALS, TAP SPORTS, GLU, GLU MOBILE, and the 'g' character logo are trademarks of Glu Mobile Inc.

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