Snail, Inc. Gears Up to Announce Official Title for “Project Hermes” A New Space-Themed Survival Game That Redefines Open-World

CULVER CITY, Calif., June 27, 2024 /PRNewswire/ — Snail, Inc. (Nasdaq: SNAL) ("Snail Games" or the "Company"), a leading global independent developer and publisher of interactive digital entertainment, is working on a groundbreaking logistics-driven sandbox survival game set in outer space. Known for their success with the ARK franchise and their latest survival game, Bellwright, Snail Games continues to cement its reputation as a leader in the survival game genre.

After three years of development, Snail Games is ready to reveal their latest survival game. Originally, Snail teased this project as Project Hermes, but Snail is set to announce the new official title by the end of summer 2024. This new game promises to push the boundaries of "open world" gameplay, transforming it into an "open universe" experience.

The game will focus on space exploration, inviting players to discover and settle a vast universe of diverse planets, each brimming with unique wonders and mysteries. As explorers and scientists, players will travel from planet to planet, uncovering secrets of alien civilizations, seeking out rare and exotic creatures, and harnessing resources to tame the deadly biomes they encounter. The Player’s ultimate mission: build a legacy that spans across the galaxy.

"Our goal is to create a game that offers players a new level of freedom and discovery," said Primus Majda, Game Director of the new project. "The game is filled with endless possibilities and adventures that will keep players engaged for years to come."

 Snail Games is inviting interested gamers to join the "Project Hermes" Discord server ahead of the official game announcement. By joining, members will receive updates and exclusive opportunities to access the game before its public release. The Discord server will offer players a unique opportunity to be part of the game’s journey from the name reveal all the way through to release and beyond.

 Snail Games continues to strategically focus on the survival genre, which has proven to be a powerhouse in the gaming industry due to its high player retention and potential for expansion. The new space-themed survival game aims to capitalize on these strengths. Snail Games’ new title is set to be a potentially captivating experience for players and could become a significant contributor to the robust and sustainable growth of Snail’s survival portfolio.

Join the Project Hermes Discord!

About Snail Games

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 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, including a significant update for Project Hermes, a soon to be released survival game set forth in outer space. These forward-looking statements include information about Snail’s commitment to delivering engaging content, including Project Hermes and how this new game promises to push the boundaries of "open world" gameplay, transforming it into an "open universe" experience. You should carefully consider the risks and uncertainties described in the "Risk Factors" sections of (i) the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, which was filed by the Company with the SEC on April 1, 2024, and (ii) the Company’s Quarterly Report on Form 10-Q for quarter ended March 31, 2024, which was filed by the Company with the SEC on May 15, 2024, and other documents filed by the Company from time to time with the SEC. The Company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

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