Realtime Worlds Attracting Buyer Interest

Realtime Worlds Attracting Buyer Interest

Administrator Begbies Traynor says that 53 jobs have been retained at the Dundee developer; company owes creditors in the UK in the region of £3 million.

Joint administrator Paul Dounis has said that Realtime Worlds is attracting interest from potential buyers in both the UK and US. “We are actively pursuing all these expressions of interest which have come from both the UK and US,” he said in a statement this afternoon.

He also confirmed that of the 210 staff at the company’s Dundee studio, 53 jobs have been retained, while in the US head office in Boulder, Colorado, which also houses its online operations, 14 jobs have been retained out of its former 42. He added that trade creditors in the UK are "owed in the region of £3 million".

Dounis emphasised that Realtime Worlds is continuing to trade and that APB is still running: “The game will continue and that is something we want all customers to be aware of.