Gothenburg, Sweden – January 31, 2012

Sven Sandberg is the new CEO of AR Universe. ”I am happy that we have managed to recruit Sven to head AR Universe and the Calypso team. Sven has a unique background with extensive experience in both technology, business and marketing”, says Jan Welter Timkrans, chairman of Mindark.

“AR Universe’s major assets are Calypso’s intelligent participants and investors, Calypso’s unique real-cash economy MMO, and the Calypso team of seasoned game developers,” says Sven Sandberg. “I will do my best to ensure we all work together to build the Calypso economy, expand the user base, and have fun.”

David Simmonds will hand over the reins to Sven Sandberg on February 1, to concentrate fully on his role as CEO of the MindArk Group.