Superscape was founded nearly twenty years ago, and has been dedicated throughout its history to the development of ground-breaking software technology for the creation and delivery of innovative, high quality interactive 3D applications.
Over the years, Superscape has amassed unparalleled expertise and experience in the development of 3D software capable of working within the constraints of limited memory devices, slow processor speeds and strictly controlled file sizes.

Drawing on this knowledge, Superscape has established a world-leading position in the development of industry-standard 3D technology and applications for mobile devices. The company's Swerve technology has been developed specifically for wireless environments in close collaboration with ARM, and comprises a 3D engine (Swerve Client), authoring tools (Swerve Studio) and a broad portfolio of 3D content, with particular emphasis on 3D games. Swerve is being adopted on a global basis by many of the mobile industry's leading players, together with world-renowned content and brand organisations.

Superscape has corporate headquarters in Hook, Hampshire (UK) and San Clemente, California (USA) with regional offices in Tokyo and Sydney. The company is quoted on the London Stock Exchange (LSE: SPS).



Superscape (SPS) has received various tips in the press and by Analysts recently which will certainly give impetous to the share price. Indicators are looking good with the RSI rising off an oversold position and the MACD crossing showing BULLISH signs for the stock.

The mobile gaming market is still in it's infancy but the projected revenue is enormous. Mobile operators are looking at tapping the Gameboy market as they feel that users will not want to carry around a multitude of technology and if they have a mobile phone which can double as a gaming station than people will prefer this option.

People should also look at the recent contracts which SPS have signed for their technology. This is a technology company which could well be a great success in 2004.

Company website

http://www.superscape.com/

Please also check the SPS thread at
www.iii.co.uk

!CHARTS

well I guess the figures say they still make a stonking loss, but they are heading in the right direction.However its going to take a significant increase in sales to achieve overall profitability. My guess was 3 X current sales (probably more). Hopefully the current position is built into the share price so its not all doom and gloom IMHO.If we got half year sales of c 4 million in Oct we could be off and running.

Surprise, surprise ..... another profits warning laced with jam-tomorrow gobbledegook. I can taste those burgers already.

:o)

well the figures are starting to come in with one game quoted as 500-1000 downloads a day!!! That doesn't sound bad to me. I just think the profits will now take a little longer to arrive than previously expected. Not good news if you expected to make gains this year (as I did). But I'm going to lock these away now for another year and see where they take me.

skids

hils - will you have ketchup or mustard on that ?

been out all day and come back to this, i hate this game. back to the building society for me!!!

just read the statement and its not all bad. the bs can wait for a bit!

You're deluded if you think that rns isn't all bad! They've just had to raise another 18m to stop themselves from going bust, they're p!ssing money through a sieve and they've got naff all chance of ever making a profit in my view.

Do you really think that anybody in their right mind really gives a stuff about mickey mouse games on mobile phones? Oh, I was forgetting .......... they're content publishers, aren't they?

Get the bin bags ready. They're an accident waiting to happen.

hilary, so you don't think mobile gaming is worth anything then? I disagree, and think SPS will make substantial profits in the future.

hilary are you Dil is disguise???? though you might have point, lol. Time will tell. i might make a superescape! Tha kids nowadays will buy anything, they waste money like no tomorrow i still think there is hope.

I said in a note yesterday that they would have to grow their revenues a very significant amount to break even, and it looks like they are going to take longer than anticipated.I wish they had put some numbers in their RNS.
How much revenue do they think they need to make to break even?Current run rate is 4million pa and I estimate they need to get to c 13/14 million.I was considering going in again to SPS but they would have to be cheaper than this to offset the risks. I still think the potential is good but then sis the risk, and any good news seems likely later rather than sooner.I am not sure how much I like their reference to the possible purchase of games companies, as they tend to have a very volatile life( i havent forgotten Warthog(WHOG)17p down to 1p) I think I would risk it at sub 20p but I am not sure if I am brave enough for a higher price.

Kivver: Hilary has better legs than Dil.

The recent plea from IBM and Nokia for people to develop corporate applications for Java phones suggests that they, at least, have woken up and smelt the coffee.

I think the games guys have always overrated this market. If there were a market, SPS might do well. If there isn't, then they won't. Much of this is propelled by the wishful thinking of the handset makers and the telcos. They, in turn, are fed by market size predictions fed by analyst companies whose predictions are themselves fed by . . . people working in the self-fulfillment reality distortion field within those very same handset manufacturers and telcos.

Derek - you're just too old to understand ;-)

Whaddya mean? Too old to understand about Hilary's legs?

on that particular topic, I reckon understanding and appreciation increase with age

Kivver : MM is ramping Hils legs without ever having seen mine.

I can see how the comparison arose though ... same subtle warnings , hints , etc with no hint of emotion :-)

Dil - im sure you would be able to give her a run for her money anyday! Do they still do the loveleist legs competition at butlins and how come mighty micro so much about hils legs ohh arr! suit you sir!

anyway what do you think of this share. i was up with SPS and your other favourite BPRG about a combined 65% at onr time and foolishly didnt sell. Knowing my luck if i sold now both would fly again, you can never win. I suppose you would say get rid of both and move on (buy some more KMR where i am doing very nicely thank you).

Kivver : when I buy I usually set around a 15% rolling stop loss. If you test this you will find that it keeps you in for most of the big movers but gets you out when things start to flatten or fail.

I've never looked closely at these so have no strong feelings either way but the chart looks horrendous.

Good luck.

SPS have now signed 15 of their targeted 20 network operators.

skids: Fine, so they've signed 15 deals -- but what are the deals? There's an old saying in the software business "getting the deal is easy when you give it away".

How much and when?

You can always tell an ex-ICL employee by the level of cynicism towards anything even remotely positive regarding software deals and revenue ;-)

Ayway, to answer your question, the "deals" are distribution agreements for operators to make Superscape published games available for download. Superscape's share of the retail price will average 70-80% and will typically be paid monthly.

What else can we help you with, Derek ?