RWM Capital declares the transaction completion on FlexyMind acquisition - RWM Capital
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RWM Capital declares the transaction completion on FlexyMind acquisition

18.03.2014

RWM Capital declares the transaction completion on acquisition of one more venture project - FlexyMind company, which is engaged in development of children’s brain games for mobile phones and tablet PCs powered by Android and iOS. The money will be used for development of new games and applications as well as for investments into the marketing constituent.

FlexyMind has existed in the market since July 2012 and during the period of its existence it has developed such popular games as Kolobok: The Miracle Stove, Kids Adventure, The Lost Ghosts, Music Tales, ABC and alphabet for kids, Feed the Pets, The Town of letters, ABC handwriting worksheets and others.

“I enjoy appearance of new shareholders”, says Timophey Utnasin, FlexyMind founder. “Investments received from RWM Capital will be used for further expansion of the existing FlexyMind business. We are also planning to significantly increase investments into the marketing constituent for promotion and growth of competitiveness of our products and developments, extension of the channels of interaction with prospective customers. I am sure that cooperation and partnership with RWM Capital will be fruitful, mutually beneficial and useful for all participants of this transaction”.

“We welcome the appearance of a new venture project – FlexyMind”, says Felix Blinov, Chief Executive Officerof of RWM Capital Investment Group. “FlexyMind team has very ambitious objectives - they want to change this world for the better and their efforts are aimed at children teaching and development.

Almost all parents worry that their children spend much time with computers and other mobile devices, but we all understand that it is impossible to isolate a child from new technologies. One of the simplest and most natural ways out of this situation is application of the time spent in another more useful, interesting and captivating field – a field of brain games and applications for the children. It is possible and necessary to use advantages of modern technologies in the best interests.

The world of mobile applications for children is developing rapidly nowadays. More and more developers that appear on the market are unfortunately interested only in the financial aspect of the matter. FlexyMind team attracted us by its professional approach. Psychologists and teaches that participate in the game development process help to develop interesting, safe and useful products, to demonstrate a child the advantages of modern electronic devices, to make the educative process captivating, funny, simple and interesting and to develop love for knowledge.

I suppose the best reviewers for FlexyMind are the parents, whose favorable comments are available in the Internet. These are already several hundred thousand users, who duly appreciated FlexyMind brain games and applications. We hope that due to our participation FlexyMind will discover new horizons, continue to increase the number of customers and develop new, interesting and useful products. On our part, we are ready to render the team any support and help in implementation of the worked out and approved development strategy”. http://flexymind.com

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