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Ascend to the Future: Explore Dynamic Upgrades in ARK Survival Ascended

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Snail, Inc. (Nasdaq: SNAL) announces groundbreaking updates and expansions for ARK Survival Ascended, including a thriving Mod Program with over 1200 active projects and 79 million downloads. The release of The Center, a highly anticipated free DLC, and the launch of The Survival of the Fittest game mode demonstrate Snail's commitment to providing a dynamic and ever-evolving gaming environment for ARK enthusiasts.
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Insights

The introduction of new mods, maps and game modes for ARK Survival Ascended (ASA) by Snail, Inc. suggests a strategic move to maintain and potentially increase the game's user engagement and retention rates. The Mod Program, with its significant number of active projects and downloads, indicates a robust and committed player base, which is crucial for the long-term success of any gaming franchise.

Moreover, the release of The Center, a free DLC, is a clever market penetration strategy, as it may attract new players while keeping existing players invested without additional cost barriers. The addition of new content such as biomes and creatures like the Gigantoraptor, especially when chosen by community vote, showcases a user-centric approach that could enhance player loyalty.

The launch of The Survival of the Fittest (SOTF) game mode, a battle royale format, aligns with current gaming trends and broadens the appeal of ASA to fans of this popular genre. The redesign of SOTF with enhanced mechanics could signify an improvement in gameplay quality, which is a positive indicator for the game's competitive edge in a crowded market.

Snail, Inc.'s announcement of new content for ASA could have a favorable impact on the company's financial performance. The gaming industry often sees a correlation between content updates and revenue growth, as fresh content can lead to increased in-game purchases and prolonged player engagement.

The free nature of The Center DLC might initially seem counterintuitive from a revenue perspective, but it can be part of a larger strategy to monetize through other in-game transactions or future paid content. Additionally, the company's commitment to community involvement in content development may foster a more dedicated player base, potentially leading to higher lifetime value per user.

It's worth noting that such expansions and updates could also result in increased operational costs. However, if the new content drives user growth and engagement, these costs could be offset by the corresponding revenue streams. Investors should monitor user metrics following these updates to gauge their impact on the company's bottom line.

Snail, Inc.'s approach to expanding ASA through community-driven initiatives like the Mod Program and the introduction of new content are indicative of industry trends where player-generated content and regular updates are vital for maintaining a game's relevance. The gaming industry is increasingly competitive and player retention is as important as acquisition.

The Center's introduction of diverse biomes and the community-chosen Gigantoraptor demonstrates Snail's understanding of the importance of diversity in gameplay experiences. This strategy could help ASA stand out in the saturated market of survival games.

The SOTF battle royale mode taps into a genre that has seen massive success with titles like Fortnite and PUBG. This expansion could attract players from those games and potentially increase ASA's market share. However, the success of this mode will depend on its execution and ability to offer a unique experience within the established battle royale formula.

Mod projects, New Maps, and Game Modes transforming ASA

CULVER CITY, Calif., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, is excited to share groundbreaking updates and expansions for ARK Survival Ascended (“ASA”). These developments will provide an enhanced gaming experience for ARK enthusiasts and demonstrate progress towards creating sustained value for the ARK franchise.

In the realm of creativity and player engagement, ARK: Survival Ascended’s Mod Program has thrived with over 1200 active mod projects and 79 million mod downloads since launch. This vibrant community-driven initiative led by over 550 authors continues to flourish averaging 1 million daily mod downloads. ASA’s Mod program highlights the immense creativity and dedication of ARK players and reflects a commitment to providing Survivors with a dynamic and ever-evolving gaming environment.

Building on the excitement for new content from the ARK Survival Ascended fanbase, Snail announced the release of The Center, a highly anticipated free DLC coming soon. This expansion introduces an immersive map featuring all the biomes from The Island, with the exciting addition of the Lava Biome. From lava caverns and giant waterfalls to ocean systems, ice caverns, Ancient Ruins, cave systems, and a floating island, The Center offers a visually stunning and environmentally diverse playground for Survivors. The release of The Center will also feature an early introduction of the Gigantoraptor, a new creature chosen by the community through a recent vote. This further exemplifies Snail’s commitment to involving the player community in shaping the ARK universe.

Snail also recently launched The Survival of the Fittest (The SOTF), a battle royale game mode within the ARK Ascended property. Redesigned from the ground up with enhanced mechanics, SOTF pits up to 60 Survivors against each other in a fast-paced, action-packed struggle for survival. Survivors must navigate challenging environments, leading their Dinosaur Armies into an epic final showdown, making for an exhilarating and intense gaming experience.

"As we introduce these updates and expansions, we are not only enhancing the gaming experience for our dedicated players but also strategically positioning the ARK franchise for anticipated continued growth and success." Jim Tsai, Chief Executive Officer of Snail.

About Snail, Inc.

Snail is a leading, global independent developer and publisher of interactive digital entertainment for consumers around the world, with a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PCs and mobile devices.

Forward-Looking Statements

This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “may,” “predict,” “continue,” “estimate” and “potential,” or the negative of these terms or other similar expressions. Forward-looking statements appear in a number of places in this press release and include, but are not limited to, statements regarding Snail’s intent, belief or current expectations. These forward-looking statements include information about possible or assumed future results of Snail’s business, financial condition, results of operations, liquidity, plans and objectives. The statements Snail makes regarding the following matters are forward-looking by their nature: growth prospects and strategies; launching new games and additional functionality to games that are commercially successful, including the launch of ARK: Survival Ascended, ARK: The Animated Series and ARK 2; expectations regarding significant drivers of future growth; its ability to retain and increase its player base and develop new video games and enhance existing games; competition from companies in a number of industries, including other game developers and publishers and both large and small, public and private Internet companies; its relationships with third-party platforms such as Xbox Live and Game Pass, PlayStation Network, Steam, Epic Games Store, the Apple App Store, the Google Play Store, My Nintendo Store and the Amazon Appstore; expectations for future growth and performance; and assumptions underlying any of the foregoing.

Contacts:

Investors:
investors@snail.com

Press:
media@snail.com


FAQ

What is the ticker symbol for Snail, Inc.?

The ticker symbol for Snail, Inc. is SNAL.

How many active mod projects does ARK Survival Ascended have?

ARK Survival Ascended has over 1200 active mod projects.

How many mod downloads has ARK Survival Ascended had since launch?

ARK Survival Ascended has had 79 million mod downloads since launch.

What is The Center in ARK Survival Ascended?

The Center is a highly anticipated free DLC for ARK Survival Ascended, introducing an immersive map featuring all the biomes from The Island, with the addition of the Lava Biome.

What is The Survival of the Fittest in ARK Survival Ascended?

The Survival of the Fittest is a battle royale game mode within ARK Ascended, redesigned with enhanced mechanics, pitting up to 60 Survivors against each other.

Snail, Inc.

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