NEWS FROM CIPSOFT

February 11, 2021 – Thanks to the increasing number of players, CipSoft was able to top once more the excellent business results of previous years. In 2020 the company generated 25 million Euro in total, around 10 million more than in 2019. The pre-tax profit could be more than doubled and increased by approximately 115% to around 14.5 million Euro. Since CipSoft's employees participate in the company's success through a profit sharing model, they will receive an additional annual salary for 2020. The entire review is available here as a press release.

December 21, 2020 – Following the donation campaigns at the beginning of the pandemic, CipSoft once more supports international aid organisations fighting the coronavirus. 50.000 Euros will be donated to UNICEF who are helping children around the world that are affected by conflict, natural disasters and now, COVID-19. Another 50.000 Euros will be donated to Aktion Deutschland Hilft, an alliance of 23 German aid organisations. "That's our contribution to helping economically weaker countries overcome the impact of the pandemic," says managing director Benjamin Zuckerer.

December 04, 2020 – CipSoft's new game was nominated by a jury of experts for the innovation award of the "Deutscher Entwicklerpreis" ('German Developer Award'). LiteBringer is the first true Litecoin game and operates fully on the blockchain. On January 20, the winners will be announced during a live stream on deutscherentwicklerpreis.de and twitch.tv. The German Developer Award is the oldest award to honour the development of outstanding computer games made in German-speaking countries. Last year CipSoft was able to win the category "Dauerbrenner" ('Long Runner') with Tibia.

November 30, 2020 – Tibia's annual winter update has just been released, and players are challenged to halt the pirat hordes who are raiding the Tibian shores. Not only are there exotic places and hidden treasures to discover, there are also new features to explore. Among them is the damage input analyser, a new tool which will be integrated into the analytics selector of the game. It provides players with a detailed overview of the damage they receive. For more information on the update, for example on the new quick looting extension that makes the loot process a lot easier, please visit tibia.com.

October 06, 2020 – Two years after its global release and more than 600,000 downloads, CipSoft ceases the operation of Panzer League. The game is no longer available on the Google Play Store and Apple's App Store. The servers will keep running until Friday, October 30, 2020, when they will be shut down for good at 2:00 pm CET. It was always clear that it would not be easy to establish a synchronous multiplayer game with complex PvP mechanics on the mobile market. We are proud of what we have accomplished and would like to thank all players for their interest and continued support.