Starbreeze AB: Starbreeze reveals the StarVR project, aims to become one of the leading experts and publishers in entertainment VR

Starbreeze AB, an independent creator, publisher and distributor of high quality entertainment products, announced today its virtual reality initiative with the launch of Project StarVR. The company also announced its acquisition of the French company and VR engineering firm InfinitEye earlier today.

"Starbreeze's vision is to become a leader in the entertainment industry by delivering world class experiences. The landscape of entertainment is transforming and we strongly believe VR will be a big part of the story of our industry going forward. Our StarVR aims at bringing the next generation entertainment experiences to reality", said Bo Andersson Klint, CEO of Starbreeze. "By immersing ourselves into the VR field, we aim to learn fast, position Starbreeze for the future and allow people to enter into new worlds."

Starbreeze has formed the Project StarVR, where InfinitEye's hardware expertise and capabilities are combined with Starbreeze game and entertainment software development skills. The project places Starbreeze in a unique position to develop VR experiences with an integrated vision. By committing to be a fully integrated party supporting the Steam OpenVR framework within Starbreeze proprietary game and entertainment industry engine Valhalla, Starbreeze aspires to become one of the first VR publishers parallel to being the go-to catalyst for publishing titles on the Steam platform.

With the newly established publishing arm, Starbreeze is also launching a number of entertainment industry content collaborations. Early content partners include Lionsgate, Skybound, 505 Games, Grab and WeVR.

Starbreeze will showcase its StarVR HMD at the trade show E3 in Los Angeles on June 16-18.

To read up on more information about Project StarVR, please visit www.starvr.com.

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For more information, please contact:

Maeva Sponbergs, Investor Relations Starbreeze AB. Tel: +46(0)8-209 208, email: ir@starbreeze.com

Brief information about Starbreeze

Starbreeze is an independent creator, publisher and distributor of high quality entertainment products, headquartered in Stockholm, Sweden. At Starbreeze we create games by our own design and through licensed content, establishing franchises that can live and prosper outside the game itself. We live and die by gameplay. 

Starbreeze is pioneering digital self-publishing, currently hosting one of the largest community groups on the digital distribution platform Steam. Starbreeze's most recent products include PAYDAY 2, our adrenaline fuelled bank robbing co-op game and the critically acclaimed Brothers - A Tale of Two Sons. 

Starbreeze AB is publicly traded on Nasdaq Stockholm First North Premier under the ticker STAR and the ISIN code: SE0005992831. Remium Nordic is the company Certified Adviser. Starbreeze brands include OVERKILL Software and the PAYDAY series. 

For more information, please visit http://www.starbreeze.com.