Spellbound Entertainment Team Emerges as Black Forest Games

New Studio Builds on Spellbound Legacy with New Capital Structure

Black Forest Games was announced today. The studio, previously known as Spellbound Entertainment, has emerged from insolvency with new funding and resources that will enable thestudio to re-establish itself as a leader in RPG and strategy games. From the original 65 employees, 40 have chosen to join the reformed company which includes the key members of the management and creative team, including Andreas Speer, CEO; Adrian Goersch, CFO/COO; Jean-Marc Haessig, Creative Director; Johannes Conradie, Technical Director; and Eric Urocki, Technical Art Director.

"Black Forest Games will add to the legacy of Spellbound Entertainment, by empowering the core of the team to build an even greater company that is tuned to today's market opportunities," said Andreas Speer, CEO of Black Forest Games. "With the talent and IP we have internally, we know we'll again be recognized as a leader in the creation of games for the RPG and strategy genres."

"We sat out a few months as we worked to raise new capital and establish the new company," said Adrian Goersch, CFO/COO. "A key tenant for us was to include all of the core members of the development team in the management team and to retain every employee we could that fit within our new approach to the market. We've already been successful in these points and are looking to leverage our resources with top publishers that are looking to bring high quality games to market."

About Black Forest Games

Founded in 2012 by the core development and leadership team behind Spellbound Entertainment, Black Forest Games is a new studio focused on high-quality Role-Playing Games (RPG) and strategy games. The studio is based in Offenburg, Germany and currently employs a staff of 40 industry professionals that have experiencebuilding games for all major consoles, PCs and Macintosh computers. For more information, please visit: www.black-forest-games.com