REG - World Chess PLC - Launch of new interface for FIDE Online Arena

World ChessAnnouncement

31/05/2024 07:00

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RNS Number : 5072Q  World Chess PLC  31 May 2024

31 May 2024

World Chess Plc

("World Chess" or the "Company")

World Chess launches new and revamped interface for FIDE Online Arena

World Chess plc (LSE: CHSS), a leading chess organisation committed to
enhancing the global mass market appeal of chess by introducing a variety of
innovative chess-related activities, is happy to unveil the latest upgrade to
FIDE Online Arena (the "Arena").

World Chess is the exclusive operator of the FIDE Online Arena, a chess
platform which allows paid members to receive an online rating recognised by
FIDE, the international chess federation and world governing body recognised
by the International Olympic Committee. Following significant investment in
the platform and the subsequent launch of Arena 2.0 in October 2023, the
Company is excited to announce the launch of the Arena's all-new interface.

Key new features include the ability to start playing a game of chess with one
click, meaning interested users don't have to register and rather can simply
click and play, encouraging first-time players to the platform. Users can now
also start multiple games in different time controls allowing players to find
a relevant opponent faster whilst any chosen settings will now be remembered
by the platform and saved for the next time you log in, allowing for a more
personalised experience.

At chessarena.com, existing and new users will experience a new design and
style to fit with the recognisable World Chess branding as well as entry to
masterclasses, easily accessible from the homepage. World Chess expects these
updates to encourage new players to join the 740,000 current registered users
and to drive additional subscribers with an annual subscription price of
€49.

Ilya Merenzon, Chief Executive Officer of World Chess, said: "We are improving
the chessarena.com every week, and happy to bring new features and user
interface improvements that will help our users discover and enjoy chess.

 

"We are always learning from our customers, and will continue releasing
exciting new features.  As we see the continued growth of users, with an
increase of 40% since IPO, we encourage you to check out the new Arena
interface and join our growing community."

For more information, please visit https://worldchess.com/investors or
contact:

 World Chess                                           Via Yellow Jersey PR

 Ilya Merenzon, CEO

 Novum Securities Limited -  Financial Adviser         +44 (0) 20 7399 9400

 David Coffman / George Duxberry
 Allenby Capital Limited  - Broker                     +44 (0) 20 3328 5656

 Joscelin Pinnington / Tony Quirke (Sales)

 John Depasquale / Lauren Wright (Corporate Finance)

 Yellow Jersey PR

 Charles Goodwin                                       +44 (0) 774 778 8221

 Annabelle Wills                                       +44 (0) 777 519 4357

 

Notes to Editors

 

About World Chess Plc

 

World Chess (LSE: CHSS) is a London-based chess gaming and entertainment
company and Fédération Internationale des Échecs ('FIDE') official
commercial partner. World Chess organised the FIDE Championship Matches in the
USA, and the UK, and revolutionised the sport by signing the biggest media
partnerships in history. World Chess develops Armageddon, the chess league for
prime-time television. World Chess also runs FIDE Online Arena, the exclusive
official chess gaming platform. More at worldchess.com.

 

 

 

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