News Release

CULVER CITY, Calif., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced a new addition to the Nintendo Switch version of ARK: Survival Evolved (ARK), an action-adventure survival video game developed by Studio Wildcard. Players can now explore the free and highly acclaimed expansion map Ragnarok on-the-go, bringing a new level of excitement and adventure to the game.

Originally launched on PC platform in 2017, Ragnarok features a range of new and diverse biomes that offer unique gameplay opportunities, as well as environmental traps that players must overcome. Additionally, the map's impressive ruins offer a glimpse into its rich history and add an extra layer of excitement to exploration and discovery.

Jim Tsai, Chief Executive Officer of Snail, commented: “Snail is committed to providing immersive and captivating gaming experiences, and the inclusion of the Ragnarok map in the Nintendo Switch version of ARK, showcases that dedication. We believe that players will relish the fresh prospects for exploration and thrills provided by the Ragnarok map.”

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; 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 casual 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, Google Stadia, the Apple App Store, the Google Play Store and the Amazon Appstore; assumptions underlying any of the foregoing.

Contacts:

Investors:

investors@snail.com