Board Thread:Friend Code Exchange/@comment-31643665-20170401185110/@comment-31019144-20170406221517

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MyTona LLC has sent a formal reply and a counterclaim against the G5.

PRESS RELEASE 2017-03-23

G5 has received a formal answer and a counterclaim of the developer MyTona LLC, in response to

G5's lawsuit against MyTona January 9, 2017.

As previously announced, the measure is a dispute regarding a license agreement between the parties,

dated 2 May 2012, which refers to the game "The Secret Society". The full text

their answers, as well as the G5's original application, is available on the Office of Orange

County Superior Court, document number 30-2017-00896250-CU-BC-CJC. In his

lawsuit claiming G5 to MyTona, respect the game "The Secret Society ', failed to

perform in accordance with the license agreement dated 2 May 2012 and wrongly refused to extend

license agreement beyond the agreed first five-year period ending in November 2017. G5 claims

damages for lost profits, both historical and future, and the Court to declare

counterparty's contractual obligations and seeks other relief for damage caused by

MyTonas breach. G5's lawsuit also aims to safeguard the rights of the G5

claim that they possess in relation to MyTonas game "Seeker's Notes", in which the G5 makes

existing contractual rights under the license agreement to participate financially, as well as claims for damages,

fixing of our contractual conditions and other compensation of MyTona.

In its reply and counterclaim, denying MyTona generally G5's allegations and produces

counterclaim for breach of contract, failure to an implied warranty of good faith

and good business (Eng. goodfaith and fair dealing), a fastställeleseyrkande and unfair

competition. MyTona claims that the G5 violated the companies' business relationship by actively promoting

other games in the G5's portfolio, improper use of the game concept and source code, delayed

royalty reports, "rude and intimidating" communication, and G5 have committed other

documents MyTona believes justifies its refusal to extend the contract between the parties.

MyTona also requesting damages amounting to an unspecified sum, an injunction and

Another reasonable compensation from the G5, including a ruling signifying that MyTona not need

renew the agreement, based on those alleged violations.

G5's CEO Vlad Suglobov notes that: "I can only repeat what I said earlier, which is

that our action against MyTona is both necessary and justified, and we look forward to

our litigation ended by the initiated court proceedings ".

More information about the company is available at www.g5e.se/corporate.

For further questions please contact:

Vlad Suglobov, CEO, investor@g5e.com

Stefan Wikstrand, CFO, +46 76 00 11 115

This information is information that G5 Entertainment AB is obligated to

publish under the EU Market Abuse Regulation (EU) No 596/2014.

About G5 Entertainment

G5 Entertainment AB is a developer and publisher of high-quality free-to-play games for iOS, Android,

Kindle Fire and devices powered by Windows. G5 develops and publishes games that are family-friendly, easy to

learn, and caters to a wide audience of experienced and novice players. G5 owns a number of popular game titles

Mahjong Journey®, Supermarket Mania® Journey, Farm Life ™, Virtual City®, Special Inquiry Detail®,

Hidden City®, and The Secret Society®. G5 Entertainment AB is listed on Nasdaq Stockholm since 2014.